Shanghai (China), May 9 (Latest).- The value of trade between China and the rest of the world increased by 0.1% year-on-year in April, according to official data published today by the General Administration of Customs of the Asian country.
This data represents a significant slowdown compared to the year-on-year advance registered in March (+5.8%) and, in fact, Customs also reported a 1.5% reduction in foreign trade in April when compared to the data for the month previous.
In the fourth month of the year, exchanges with other countries totaled about 3.16 billion yuan (471,057 million dollars, 448,310 million euros).
Specifically, exports grew by 1.9% compared to the same month in 2021, reaching 1.74 trillion yuan (259,785 million dollars, 247,133 million euros).
However, imports contracted 2%, falling to 1.42 trillion yuan (211,321 million dollars, 201,050 million euros).
Thus, the Chinese trade surplus closed April at 325,080 million yuan (48,464 million dollars, 46,110 million euros).
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