China’s trade surplus shrinks in August as exports fall

MG News | September 08, 2023 at 10:52 AM GMT+05:00

0:00

September 08, 2023 (MLN): China’s trade surplus narrowed to $68.36n in August 2023 as compared to a surplus of $78.65bn recorded in the same month of last year, the latest data issued by the General Administration of Customs showed yesterday.

Exports dropped 8.8% YoY to $284.87 billion in August 2023, in addition to a 14.5% YoY fall in the previous month

This marks the fourth consecutive month of declining exports.

Meanwhile, imports fell by 7.3% YoY to $216.51bn, as compared to the fall of 12.4% in the previous month.

Copyright Mettis Link News

Related News

Oil surges to 4-year high on war fears

Asia markets under pressure oil spikes sharply

Türkiye offers 20-year tax break to foreign investors

Name	Price/Vol	%Chg/NChg
KSE100	162,994.17 366.14M	-1.71% -2829.70
ALLSHR	97,525.91 833.18M	-1.65% -1634.99
KSE30	49,090.22 171.05M	-2.02% -1011.73
KMI30	234,097.76 141.71M	-1.92% -4583.61
KMIALLSHR	63,284.58 381.76M	-1.79% -1151.00
BKTi	45,458.10 90.77M	-1.53% -707.82
OGTi	33,162.89 14.24M	-2.82% -962.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,515.00	77,850.00 76,515.00	775.00 1.01%
BRENT CRUDE	111.28	112.22 110.84	0.88 0.80%
RICHARDS BAY COAL MONTHLY	113.00	113.00 113.00	-1.30 -1.14%
ROTTERDAM COAL MONTHLY	109.25	112.00 108.20	-1.20 -1.09%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	105.47	106.38 104.98	0.40 0.38%
SUGAR #11 WORLD	14.61	14.85 14.49	-0.16 -1.08%