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Xinhua Credit
Economy

China-Africa trade surges 17.3 pct in Jan.-June

July 25, 2018


Abstract : Trade between China and Africa reached 99.84 billion U.S. dollars in the first half of this year, up 17.3 percent year on year, showed data from the Ministry of Commerce on Tuesday.

贸易额

BEIJING, July 25 (Xinhua) -- Trade between China and Africa reached 99.84 billion U.S. dollars in the first half of this year, up 17.3 percent year on year, showed data from the Ministry of Commerce on Tuesday.

During January-June, Chinese exports to Africa surged 8.1 percent from the same period last year to 50.37 billion U.S. dollars, while imports from Africa gained 28.6 percent year on year to 48.47 billion U.S. dollars.

In June alone, China-Africa trade totaled 16.82 billion U.S. dollars, an increase of 15.0 percent from a year earlier. Among these, Chinese exports to Africa increased 8 percent year on year to 9.3 billion U.S. dollars, while imports amounted to 7.52 billion U.S. dollars, up 24.4 percent year on year.

In the first half of this year, the growth of China's trade with Africa was only lower than that with Latin American.(Edited by Yang Yifan, yangyifan@xinhua.org)

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Keyword: China-Africa-trade

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