China’s exports in yuan-denominated terms rose 4.1 per cent year on year in April, while imports dipped 5.7 per cent, customs data showed Sunday.
That led to a monthly trade surplus of 298 billion yuan ($45.9 billion), up from March’s 194.6 billion yuan, according to figures from the General Administration of Customs (GAC).
The export growth in April was milder than the 18.7 per cent increase in March, while imports fell at a faster pace compared with the 1.7 per cent fall in the previous month.
Foreign trade edged down 0.3 per cent year on year to 1.95 trillion yuan last month and that for the first four months combined slipped 4.4 per cent to 7.17 trillion yuan.
In the January-April period, exports dropped 2.1 per cent year on year while imports went down 7.5 per cent, leading to a trade surplus of 1.11 trillion yuan, widening 16.5 per cent from a year earlier.