China’s exports sink 22.6 percent in April, sixth straight monthly decline

August 11th, 2009 China's exports, imports fall sharply in JulyBEIJING — The decline in China's imports accelerated in July despite a rise in economic growth, while exports also fell more sharply amid weak global demand, data showed Tuesday. Imports fell 14.9 percent from a year earlier, compared with a 13.2 percent decline the previous month, the customs agency reported.

July 1st, 2009 India's exports plunge 29.2 percent in MayMUMBAI, India — India's exports fell by nearly a third in May, the eighth straight month of declines, as overseas demand withered. Merchandise exports were valued at 534.3 billion rupees ($11.0 billion), up slightly from April, but down 29.2 percent in dollar terms from 655.0 billion rupees ($15.5 billion) a year earlier, according to government figures Wednesday.

June 24th, 2009 Japan exports fall 40.9 percent in MayTOKYO — The slump in Japan's exports showed little sign of relenting in May, with auto exports to the U.S. down more than half, adding to doubts about a quick recovery from the global recession.

June 17th, 2009 Singapore exports drop again, but show improvementSINGAPORE — The slump in Singapore's non-oil exports eased in May, suggesting the most important sector of the city-state's economy is stabilizing. Exports fell 12 percent in May from the same month of 2008 to 10.9 billion Singapore dollars ($7.5 billion) following a 19 percent drop in April, according to Trade and Industry Ministry figures released Wednesday.

May 12th, 2009 BEIJING - China's exports and imports shrank for the sixth month in a row in April, the General Administration of Customs said Tuesday. Exports fell 22.6 percent in April from the same period a year ago to $91.94 billion.

May 12th, 2009 China's exports sink, but factory investment risesSHANGHAI — China's exports slumped for the sixth straight month amid warnings that weak overseas demand was hindering a recovery, even as government spending helped boost factory investment. The 22.6 percent drop in exports in April from a year earlier, to $91.9 billion, was bigger than March's 17 percent drop and larger than forecasts.

May 1st, 2009 South Korea's April trade surplus hits recordSEOUL, South Korea — South Korea's trade surplus hit a record high for the second straight month in April as imports fell sharply on cheaper costs for oil and as declines in exports eased, the government said Friday. South Korea had a trade surplus of $6.02 billion in April, the Ministry of Knowledge Economy said in a release.

April 9th, 2009 WASHINGTON - The US trade deficit fell by 28.3 percent in February to $25.97 billion, the lowest since November 1999, the commerce department reported Thursday. This marked a record seventh straight month of trade deficit decline in the country.

March 25th, 2009 TOKYO - Japan's exports dropped by 49.4 percent in February, the biggest plunge on record, as global demand for cars and electronics declined, the Ministry of Finance said Wednesday. Exports dropped to 3.5 trillion yen ($35.7 billion) year-on-year in February, the fifth consecutive monthly drop and the biggest since the beginning of records in 1980.

March 2nd, 2009 NEW DELHI - India's merchandise exports fell for the fourth consecutive month in January and were valued at $12.381 billion, down 15.9 percent from the $14.717 billion registered in the like month of last fiscal. Cumulatively, the exports registered a mere 13.2 percent growth in the first 10 months of this fiscal at $144.266 billion against $127.454 billion in the like period of the previous year, official data showed Monday.

February 2nd, 2009 NEW DELHI - India's merchandise exports will fall again in January - by as much as 22 percent - after three successive months of decline since October, because of the global economic meltdown, Commerce Secretary G.K. Pillai said Tuesday.

February 2nd, 2009 WASHINGTON - US consumer spending dropped one percent in December, a record sixth straight monthly decline and rounding out the country's worst year for consumers since 1961, the commerce department said Monday. The drop from a month at an annual rate was larger than economists had predicted, according to Bloomberg News, and compared to a revised 0.8-percent drop in November.

February 1st, 2009 NEW DELHI - India's merchandise exports registered a decline for the third straight month in dollar terms and were valued at $12.690 billion, down 1.1 percent over $12.825 billion logged during the like month of last fiscal. Cumulatively, however, the exports grew 17.1 percent during the first nine months of the fiscal to $131.990 billion, against $112.737 billion during the corresponding period of the previous fiscal, official data showed Monday.

January 12th, 2009 BEIJING - China's exports and imports declined for the second consecutive month in December, reflecting deteriorating demand in external and domestic markets amid the global financial crisis. The country's exports fell 2.8 percent in December from a year earlier to $111.16 billion, while imports in the month totalled $72.18 billion, down 21.3 percent year on year, the General Administration of Customs said Tuesday.

December 31st, 2008 NEW DELHI - The New Year started with some disheartening news for India's exporting community with the latest trade data showing a 9.9-percent drop in outbound merchandise shipments in November - the second straight month of decline. Exports during November were valued at $11.505 million, which was 9.9 percent lower than the $12.768 million during the like month of last fiscal, as per data released by the commerce and industry ministry Thursday.