9,612.84 TRY BIST 100 BIST 100
37.83 USD USD USD
5.24 CNY CNY CNY
40.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.53 TRY Interest Interest
73.74 USD Fossil Oil Fossil Oil
34.28 USD Silver Silver
5.09 USD Copper Copper
103.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,761.14 TRY Gold (gr) Gold (gr)

China's international trade volume increased by 14% in February

China's international trade volume increased by 14% in February

China's international trade volume increased by 14% in February

China's international trade volume of goods and services increased by 14% year-on-year in February, reaching 3.69 trillion yuan (USD 514 billion). According to data released by the State Administration of Foreign Exchange, the country recorded significant growth in export and import figures.

In USD terms, China's exports of goods and services amounted to 281.1 billion dollars, while imports stood at 232.9 billion dollars. As a result, the country achieved a trade surplus of 48.2 billion dollars.

According to the data, exports of goods reached 1.79 trillion yuan (USD 249 billion), while imports amounted to 1.33 trillion yuan (USD 185 billion). Consequently, the goods trade recorded a surplus of 463.8 billion yuan (USD 64.6 billion).

On the other hand, the trade balance in services showed a deficit, as service imports exceeded exports. In February, service exports stood at 227.3 billion yuan (USD 31.6 billion), while imports reached 345.1 billion yuan (USD 48 billion), resulting in a deficit of 117.8 billion yuan (USD 16.4 billion).

According to economists, the recovery in global demand and China's strategies to enhance its competitive advantage in export markets have contributed to the growth in foreign trade. In the coming period, China's trade policy will play a crucial role in shaping the global economy.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Global market challenges are increasing for German companies

Friday, March 28, 2025

Russia increases iron and steel exports to South Korea

Friday, March 28, 2025

Discussions on scrap trade in Europe are deepening

Tuesday, March 25, 2025

ACEA expressed deep concern over new US tariffs

Friday, March 28, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now