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China's foreign trade volume at 926.47 bln US dls in the 1st 10 months this year (12/11/04)

    China's imports and exports in thefirst ten months this year amounted to 926.47 billion US dollars, rising 35.8 percent year-on-year, according to statistics released by the General Administration of Customs (GAC) in Beijing on Nov. 12.

    China's exports in the 10-month period grew 34.5 percent to 468.72 billion US dollars and imports increased 37.2 percent to 457.75 billion US dollars over the same period of last year.

    The trade surplus shrank 26 percent, compared with that of lastyear, to 10.97 billion US dollars.

    In October alone, exports were valued at 52.53 billion US dollars, up 28.5 percent over a year earlier, while imports rose 29.3 percent to 45.43 billion dollars.

    The European Union (EU), the United States and Japan remain thethree biggest trade partners of China in the first ten months of this year. The EU, as the biggest one, has a bilateral trade volume with China worth 142.11 billion US dollars, up 34.4 percent.     

    The trade volume between China and the United States amounted to 136.53 billion US dollars, up 33.3 percent. China-Japan trade volume, which ranked the third, was 135.83 billion US dollars.

    The bilateral trade between China and the Association of Southeast Asian Nations (ASEAN) also maintained a good momentum and the total trade volume in the 10-month period reached 84.61 billion US dollars, rising 35.2 percent over the same period of last year.

 


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