Trade Resources Economy China Expanded Its Trade Surplus by 61.4% in Nov.

China Expanded Its Trade Surplus by 61.4% in Nov.

China imports growth percent declined and the trade surplus expanded 61.4% in November. According to the data released by National Statistics, China total imports and exports value reached $368.85 billion in November, down 0.5%. The export value reached %211.66 billion, up 4.7% and import value was $157.19 billion, down 6.7%. The trade surplus was 54.47 billion, increasing 61.4%.

China's export value to EU, US and ASEANs keeps increasing. In the past 11 months, China-Europe bilateral trade value has reached $343 million, increasing 8.9%. China-US ilateral trade value has reached $309 million, up 5.2%. China-ASEANs bilateral trade value was $175 million, down 0.7%.

The exports of mechanical & electrical products and labor-intensive products increased.In imported goods, the main commodity imports growth showed a significant rebound import price declined.

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