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[Hongde Information] China's total foreign trade value reaches a new high

Jan 16,2023

China's Total Foreign Trade Value Breaks 40 trillion Yuan for the First Time in 2022

On the 13th, according to data released by the General Administration of Customs, the total value of my country's imports and exports of goods in 2022 was 42.07 trillion yuan, an increase of 7.7 percent over 2021. In 2022, my country's total import and export value broke through the RMB 40 trillion mark for the first time, and continued to maintain steady growth on the basis of the high base in 2021, and the scale reached a record high.

| Hongde International Review: To achieve the world's first for six consecutive years.

China's December exports fell 9.9 percent year-on-year

On the 13th, according to data released by the General Administration of Customs, in U.S. dollars, my country's exports in December fell 9.9 percent year-on-year, an increase of 1.2 percentage points from the previous month; imports fell 7.5 percent year-on-year, a decrease of 3.1 percentage points from the previous month. A trade surplus of $78.01 billion was achieved during the month.

| Hongde International Review: Basically expected.

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