GAC: China Imports and Exports Combined Increased 10.7% YoY in Value in the First Three Quarters

SHANGHAI, Sep 24 (SMM) - In the first three quarters of 2022, the total value of China's imports and exports amounted to 31.11 trillion yuan, an increase of 9.9% over the same period last year, according to General Administration of Customs. Among them, exports were 17.67 trillion yuan, an increase of 13.8%, and imports were 13.44 trillion yuan, an increase of 5.2%. The trade surplus expanded 53.7% to 4.23 trillion yuan. In dollar terms, the total value of China’s imports and exports rose 8.7% YoY to 4.75 trillion US dollars. Among them, exports increased by 12.5% to 2.7 trillion US dollars and imports grew 4.1% to 2.05 trillion US dollars. The trade surplus expanded 51.6% to 645.15 billion US dollars.