China’s exports declined 25.7 percent year-on-year in February, the fourth straight monthly decline, according to China’s General Administration of Customs. Total foreign trade was US$124.95 billion in February, down 24.9 per cent year-on-year. Total Chinese exports in February amounted to US$64.9 billion, reflecting weak demand for Chinese goods in the US and Europe. The country’s imports also slumped 24.1 per cent to $60.05 billion. China’s trade surplus narrowed to US$4.84 billion, less than one-seventh of the figure for January.
Related Articles
Xeneta reports resilient air cargo market despite July IT outage
Lufthansa Cargo presents commitment to transforming the aviation industry
Lufthansa Cargo continues to rely on the cargo handling services of Vienna Airport
Vietjet Air Cargo, Teleport deepen partnership with exclusive commercial rights on first key lane
Budapest Airport Revolutionises Cargo Operations With Kale Info Solutions’ Airport Cargo Community System
RTX’s Pratt & Whitney announces GTF MRO capacity expansion at West Palm Beach facility