Mon, May 10, 2010
Business > Markets

China's trade surplus hits US$1.68 bln, down sharply in April

2010-05-10 14:53:35 GMT2010-05-10 22:53:35 (Beijing Time)  Xinhua English

Graphic shows China's trade surplus hits 1.68 billion USD, down sharply in April, according to the General Administration of Customs on May 10, 2010. (Xinhua/Chen Chen)

BEIJING, May 10 (Xinhua) -- China returned to a trade surplus in April on strong exports growth after posting its first monthly deficit in almost six years in March, the General Administration of Customs (GAC) announced Monday.

The GAC figures showed China's exports in April were valued at 119.92 billion U.S. dollars, up 30.5 percent year on year and 6.3 percent from March.

In the same month, the country's imports reached 118.24 billion U.S. dollars, up 49.7 percent year on year, but down less than 1 percent from March, according to the Customs statistics.

China's April trade surplus of 1.68 billion U.S. dollars was down sharply by 87 percent from the same month last year, according to the GAC.

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