China’s exports grew 9.9 per cent year-on-year

China’s exports grew 9.9 per cent year-on-year (y-o-y) to US$ 186.35 billion in September, the highest for a single month.

Imports grew 2.4 per cent y-o-y in September to US$ 158.68 billion, with the trade surplus at US$ 27.67 billion, according to data from General Administration of Customs released Saturday.

The total value of China’s imports and exports reached US$ 345.03 billion, up 6.3 per cent y-o-y in September.

For the first three quarters of the year, its foreign trading rose 6.2 per cent y-o-y to US$ 2.84 trillion.

China’s exports increased 7.4 per cent y-o-y to US$ 1.5 trillion and imports rose 4.8 per cent to US$ 1.35 trillion, recording with trade surplus of US$ 148.31 billion during the same period.

From January to September, bilateral trade value between China and Asean countries rose 8.1 per cent to US$ 288.87 billion.

Data showed that during the same period, trade between China and its largest trading partner, the European Union has dropped 2.7 per cent y-o-y to US$ 410.99 billion.

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