https://en.sputniknews.africa/20250113/chinas-foreign-trade-grew-38-yy-to-record-616-trillion-in-2024-customs-data-shows-1070153702.html
China's Foreign Trade Grew 3.8% Y/Y to Record $6.16 Trillion in 2024, Customs Data Shows
China's Foreign Trade Grew 3.8% Y/Y to Record $6.16 Trillion in 2024, Customs Data Shows
Sputnik Africa
BEIJING (Sputnik) - China's foreign trade grew by 3.8% year-on-year in dollar terms to a record $6.16 trillion last year, according to data released on Monday... 13.01.2025, Sputnik Africa
2025-01-13T08:50+0100
2025-01-13T08:50+0100
2025-01-13T08:50+0100
china
united states (us)
russia
international
economy
european union (eu)
trade
economic growth
association of southeast asian nations (asean)
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China's exports increased by 5.9% year-on-year to $3.577 trillion, while imports were up 1.1% to $2.585 trillion in 2024. In December 2024, China's foreign trade reached $566.4 billion, which is 6.5% higher than in December 2023. Exports in December amounted to $335.6 billion, a 10.7% increase from the same period of 2023, while imports reached $230.7 billion, up 1% compared to December 2023. China's largest trading partners in 2024 were the ASEAN countries ($982.335 billion), the European Union ($785.824 billion) and the United States ($688.280 billion). China's trade with Latin American countries for the reporting period amounted to $518.467 billion, while trade with African countries reached $295.562 billion. In 2023, China's foreign trade grew by 5% year-on-year to $5.93 trillion.China-Russia Trade Up 1.9% Y/Y to Record $244.8Bln in 2024Trade between China and Russia increased by 1.9% year-on-year to a record $244.819 billion in 2024, according to the data.China sold goods worth $115.499 billion to Russia during the period, an increase of 4.1% compared to 2023, while deliveries from Russia to China remained virtually unchanged from 2023, amounting to $129.32 billion.In December 2024, the trade between the two countries amounted to $21.973 billion. Russia exported goods to China worth $10.67 billion and imported $11.303 billion worth of goods.In 2023, China-Russia trade increased by 26.3% to $240.11 billion. The leaders of Russia and China previously set the task of doubling the bilateral annual trade from $100 billion in 2018 to $200 billion by 2024, this figure was achieved in November 2023.China-US Trade Up 3.7% Y/Y to $688.28Bln in 2024According to Chinese customs data, China's exports to the United States in 2024 increased by 4.9% year-on-year to $524.656 billion, while the United States exported $163.624 billion worth of goods to China, down 0.1% from 2023.In December, the trade between the two countries amounted to $64.155 billion, with the United States sending $15.325 billion worth of goods to China and China exporting $48.829 billion worth of goods to the United States.In 2023, trade between China and the United States decreased by 11.6% year-on-year to $664.45 billion.
https://en.sputniknews.africa/20241210/china-russia-trade-up-21-yy-to-2228bln-in-january-november-1069631780.html
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china, united states (us), russia, international, economy, european union (eu), trade, economic growth, association of southeast asian nations (asean)
china, united states (us), russia, international, economy, european union (eu), trade, economic growth, association of southeast asian nations (asean)
China's Foreign Trade Grew 3.8% Y/Y to Record $6.16 Trillion in 2024, Customs Data Shows
BEIJING (Sputnik) - China's foreign trade grew by 3.8% year-on-year in dollar terms to a record $6.16 trillion last year, according to data released on Monday by the country's General Administration of Customs.
China's exports increased by 5.9% year-on-year to $3.577 trillion, while imports were up 1.1% to $2.585 trillion in 2024.
In December 2024, China's foreign trade reached $566.4 billion, which is 6.5% higher than in December 2023. Exports in December amounted to $335.6 billion, a 10.7% increase from the same period of 2023, while imports reached $230.7 billion, up 1% compared to December 2023.
China's largest trading partners in 2024 were the
ASEAN countries ($982.335 billion), the European Union ($785.824 billion) and the United States ($688.280 billion).
China's trade with Latin American countries for the reporting period amounted to $518.467 billion, while
trade with African countries reached $295.562 billion.
In 2023, China's foreign trade grew by 5% year-on-year to $5.93 trillion.
China-Russia Trade Up 1.9% Y/Y to Record $244.8Bln in 2024
Trade between
China and Russia increased by 1.9% year-on-year to a record $244.819 billion in 2024, according to the data.
China sold goods worth $115.499 billion to Russia during the period, an increase of 4.1% compared to 2023, while deliveries from Russia to China remained virtually unchanged from 2023, amounting to $129.32 billion.
In December 2024, the trade between the two countries amounted to $21.973 billion. Russia exported goods to China worth $10.67 billion and imported $11.303 billion worth of goods.
In 2023, China-Russia trade increased by 26.3% to $240.11 billion. The leaders of Russia and China previously set the task of doubling the bilateral annual trade from $100 billion in 2018 to $200 billion by 2024, this figure was achieved in November 2023.
China-US Trade Up 3.7% Y/Y to $688.28Bln in 2024
According to Chinese customs data, China's exports to the
United States in 2024 increased by 4.9% year-on-year to $524.656 billion, while the United States exported $163.624 billion worth of goods to China, down 0.1% from 2023.
In December, the trade between the two countries amounted to $64.155 billion, with the United States sending $15.325 billion worth of goods to China and China exporting $48.829 billion worth of goods to the United States.
In 2023, trade between China and the United States decreased by 11.6% year-on-year to $664.45 billion.