China's exports in 2016 fell by 7.7 per cent compared with 2015 in dollar terms, deepening from a 2.8 per cent fall the previous year, China customs data showed.
Imports fell 5.5 per cent last year. For the whole of 2016 in dollar terms, exports fell by 7.7 per cent to USD 2.1 trillion while imports dropped5.5 per cent to USD 1.59 trillion.
The country's exports in yuan-denominated terms dropped 2 per cent to 13.84 trillion yuan year on year in 2016, while imports rose 0.6 per cent from the 2015 level to 10.49 trillion yuan, according to the General Administration of Customs (GAC).
The total export and import value decreased 0.9 per cent year-on-year to 24.33 trillion yuan.
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In dollar terms, however, the fall made big difference as yuan weakened by about 8 per cent against US dollar last year.
He said China would continue to see trade woes this year amid a complex global situation and economic downward pressures at home.
China's weak trade data came as China is bracing for a
what the officials here term as an impending trade with US under Trump Presidency.
The US is one of China's biggest trade partners.
China makes best of the USD 600 billion bilateral trade as China's exports to the US last year totalled to USD 598 billion againstimports USD 116 billion from America.
Trump also accuses China of devaluing currency yuan against dollar to ensure better returns.
Also according to top Chinese officials, China's economy will slowdown to 6.7 per cent from 6.9 per cent in 2015.
China posted 6.9 per cent GDP in 2015 the slowest in 25 years, slipping below seven per cent.
China's economy is estimated to grow by about 6.7 per cent in 2016, Xu Shaoshi, minister in charge of the National Development and Reform Commission was quoted as saying by the state-run Xinhua news agency on January 10.