Home / World News / Coronavirus impact: China's exports dip 3.3%, imports shrink 16.7% in May

Coronavirus impact: China's exports dip 3.3%, imports shrink 16.7% in May

The plunge in imports drove the country's trade surplus up to $62.9 billion

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Exports fell 3.3 per cent compared to a year earlier to $206.8 billion and imports dropped 16.7 per cent to $143.9 billion, the Chinese customs agency said Sunday

AFP | PTI Beijing

1 min read Last Updated : Jun 07 2020 | 1:10 PM IST

China's exports and imports both fell in May as the coronavirus and trade tensions with the US weighed on demand both at home and abroad.

Exports fell 3.3 per cent compared to a year earlier to $206.8 billion and imports dropped 16.7 per cent to $143.9 billion, the Chinese customs agency said Sunday.

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The plunge in imports drove the country's trade surplus up to $62.9 billion. The surplus with the United States reached $27.9 billion.

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Topics : Coronavirus Lockdown China China exports Chinese economy

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