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China’s imports and exports grow for 13 consecutive months
Jul, 15, 2021 Posted by Ruth HollardWeek 202128
The total value of China’s imports and exports has been growing for 13 consecutive months, reaching record levels, said the Director of Statistics and Analysis of the General Administration of Customs, Li Kuiwen, at a press conference July 13th.
He said that from January to June this year, the value of imports and exports totaled 18.07 trillion yuan, up 27.1% over the same period last year. Exports alone reached 9.85 trillion yuan, up 28.1% year-on-year, and the value of imports totaled 8.22 trillion yuan, an increase of 25.9%. In June, China’s foreign trade grew 22% compared to the same period in 2020, reaching 3.29 trillion yuan.
The chart below was compiled using DataLiner data and shows a history of cargo movement between Brazil and China since 2020:
Imports and Exports between Brazil and China | Jan 2020 to May 2021 | WTMT
Graph source: DataLiner (click here to request a demo)
According to Li Kuiwen, in the first half of the year, exports of mechanical and electrical products were satisfactory, with a total value of 5.83 trillion yuan and an increase of 29.5% year-on-year.
Source: Brazil 247
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