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China reports surplus in international goods trade in May
Updated: June 30, 2022 20:21 Xinhua

BEIJING — China reported a surplus in its international goods trade in May, data from the State Administration of Foreign Exchange showed on June 30.

Trade in goods exports came in at 1.8662 trillion yuan ($278.06 billion) in May, and imports at 1.464 trillion yuan, resulting in a surplus of 402.2 billion yuan.

Trade in services saw a deficit of 50.8 billion yuan, with the sector's exports and imports standing at 188 billion yuan and 238.8 billion yuan, respectively.

China's international goods and services trade combined increased 14 percent year-on-year to 3.757 trillion yuan in May, data showed.

In dollar terms, exports of China's international goods and services trade reached $306.3 billion in May, while imports stood at $253.9 billion, resulting in a surplus of $52.4 billion.

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