GACC: China’s Foreign Trade Value Up By 9.5% YoY In Jan-Oct 2022

According to latest data released by General Administration of Customs of China (GACC), China achieved a total foreign trade value of RMB34.62 trillion (USD4.78 trillion) in the first ten months of 2022, rising by 9.5% from that in the same period of 2021. In particular, export value was RMB19.71 trillion (USD2.72 trillion), up by 13% YOY; import value was RMB14.91 trillion (USD2.06 trillion), up by 5.2% YOY; and the trade surplus expanded by 46.7% to RMB4.8 trillion (USD0.66 trillion).

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