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China’s exports and imports rise in May

June 24, 2016


Abstract : Customs data showed that China's exports in yuan-denominated terms rose 1.2 percent year on year in May, while imports rose 5.1 percent.

BEIJING -- Customs data showed that China's exports in yuan-denominated terms rose 1.2 percent year on year in May, while imports rose 5.1 percent.

The export growth in May was milder than the 4.1 percent increase in April and 18.7 percent increase in March, while imports rose from a 5.7 percent fall in April.

In US dollar terms, however, the country’s exports dropped 4.1 percent on year to 181.064 billion US dollars, while imports dipped 0.4 percent year on year to 131.084 US dollars in the month.

Exports in the first five months dropped 7.3 percent on year to 813.812 billion US dollars while imports dropped 10.3 percent on year to 596.314 billion US dollars during the period.

Table: The year-on-year growth of China’s exports and imports in Jan.-May.

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(Source: GAC, Xinhua Silkroad Database, http://db.silkroad.news.cn/en/)

  

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Keyword: Customs Data

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