China’s February exports soar 45.7%, imports up 44.7%

10 March 2010 07:59  [Source: ICIS news]

SHANGHAI (ICIS news)--China’s exports in February soared 45.7% year on year to $94.52bn (€69.94bn) amid a recovery in overseas demand, China Customs said on Wednesday.

The imports in February rose 44.7% year on year to $86.91bn, the Customs said, adding that the total foreign trade increased 45.2% year on year to $181.4bn last month.

On month-on-month basis, the exports and imports in February fell 13.7% and 8.90% respectively from January, according to the data.

Last month, China imported 18.51m tonnes of crude oil and 125,499 tonnes of acrylonitrile-butadiene-styrene (ABS) resins, and exported 472,789 tonnes of plastic products and 1.62m tonnes of coal, the Customs said on its website.

($1 = €0.74)

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By: Judith Wang
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