China's Export Value Hits Record US$145.52 bln in July

China, the world's largest exporter, saw its export value jump 38.1% year on year to record US$137.4 billion in July this year, according to statistics released by the General Administration of Customs.

Last month, China's imports grew 22.7% year on year to US$116.79 billion, bringing the country's foreign trade value to record US$262.31 billion in the month.

In the first seven months of this year, the country's value of imports and exports jumped 40.9% year on year to US$1.62 trillion. China exported US$850.49 billion worth of goods, up 35.6% year on year, while the import value increased 47.2% to US$766.56 billion. Trade surplus decreased 21.2% to US$83.93 billion during the period, according to the statistics.

In the first seven months, the value of exports and imports in ordinary trade increased 44.3% year on year to US$812.11 billion, including US$390.12 billion in export value and US$421.99 billion in import value.

Total bilateral trade value between the EU and China rose 36.6% year on year to US$263.16 billion, and trade value between the U.S. and China was US$207.23 billion. Japan is the third-biggest trade partner of China with total trade value of US$161.71 billion.

Guangdong Province ranked first with US$413.93 billion in terms of total trade value in the period, followed by Jiangsu Province, Shanghai and Beijing with US$255.8 billion, US$204.32 billion and US$169.52 billion, respectively.

Source: http://www.chinaknowledge.com/Newswires/News_Detail.aspx?type=1&cat=INS&NewsID=36117