China’s Exports in the First 4 Months Decreased by 9%, Imports – by 5.9%

BEIJING, May 7 – PRIME. China’s exports have felt the backdrop of the coronavirus epidemic in the first four months of 2020 with falling by 9%, and imports by 5.9% compared with the same period in 2019, according to data released by the Chinese customs department on Thursday.

The total trade turnover of China in the first four months of the year in dollar terms fell by 7.5% and amounted to 1.3 trillion dollars. Exports amounted to 678.2 billion dollars, and imports – 620.05 billion dollars.

At the end of last year, China’s foreign trade turnover in dollar terms fell by 1% and amounted to 4.57 trillion dollars. Exports – $ 2.49 trillion, and imports – $ 2.07 trillion. The positive balance of China’s foreign trade turnover for 2019 amounted to 421.5 billion dollars.

Johnny Thompson

Johnny Thompson is a senior reporter for Generator Research in Los Angeles, reporting on technology, business, finances, and more. He previously worked as a reporter for the Wall Street Journal and got his start at newspapers in New York, Connecticut, and Massachusetts.

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