ISTANBUL: China's foreign trade reached a new high of $3.5 trillion, up 6.2% year-on-year, in Jan. - July, Beijing-based news agency Xinhua reported on Wednesday, citing official data. China's exports surged 6.7% year-on-year to $2.01 trillion and imports climbed 5.4% to $1.49 trillion in the same period, the news report revealed. Meanwhile, China's trade surplus soared 7.9% year-on-year to $518 billion in the first seven months of the year. The report showed that the Association of Southeast Asian Nations (ASEAN) was China's biggest trading partner, as the bilateral trade volume surged 10.5% on an annual basis to $545.8 billion, making up 15.8% of China's foreign trade. China's mechanical and electrical exports accounted for approximately 60% of all the country's exports. 'Exports of automatic data processing equipment and components rose 11.6% year on year in the first seven months, integrated circuits increased by 25.8%, and automobiles by 20.7%,' the news report by Xinhua stated. Source: Anadolu Ag ency
China’s foreign trade volume hits $3.5T in Jan-July
News For
RECENT POSTS
Beer Deliveries in Cyprus Rise Domestically, Exports Plummet
October 12, 2026
Cypriot Economy to Maintain 3% Growth Rate Through 2029
October 12, 2026
Cyprus Trade Deficit Expands to £6.3 Billion in Early 2026
October 12, 2026
Cyprus Calls for Equal Participation at COP31 Climate Summit
October 12, 2026
Temperature Report for Cyprus Shows Varied Conditions
October 12, 2026
Cyprus Promotes Halloumi Cheese at Anuga Select India 2026
October 12, 2026
Cyprus and Saudi Arabia Sign Energy Cooperation Agreement
October 12, 2026