China's furniture exports fell 9.4% from January to August

According to statistics from the General Administration of Customs of China, from January to August this year, the total value of China's foreign trade imports and exports was 1338.66 billion US dollars, a decrease of 22.4% over the same period last year (the same below). Among them, exports were US $ 730.74 billion, down 22.2%; imports were US $ 607.92 billion, down 22.7%. The cumulative trade surplus was US $ 122.82 billion, a decrease of 19%.

Customs statistics show that in August, China ’s total foreign trade import and export value was 191.7 billion U.S. dollars, of which the export value was 103.7 billion U.S. dollars, and the export value stabilized above 100 billion U.S. dollars for two consecutive months; imports were 88 billion U.S. dollars. After seasonal adjustments, imports, exports, and imports in August increased by 2.3%, 3.4%, and 1% respectively.

Among the exported commodities, the decline in exports of major labor-intensive products was significantly smaller than the overall export level during the same period. Customs statistics show that in the first eight months of this year, the year-on-year decline in China's exports of major labor-intensive products was less than the overall decline of 22.2%, of which furniture exports were US $ 15.66 billion, down 9.4%.

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