Government reports China’s exports fall 22.9 percent in July, imports down 14.9 percent

September 11th, 2009 BEIJING - China's industrial output accelerated 12.3 percent in August from a year earlier, after gaining 10.8 percent in July, the National Bureau of Statistics said Friday. The August growth rate was 0.5 percentage points lower than the growth figure for the like month last year, but 1.5 percentage points up from July.

September 10th, 2009 Summary Box: Improving economy ups trade deficitWHAT HAPPENED?: The trade deficit rose to $32 billion in July, the highest in six months. Imports jumped 4.7 percent, the largest monthly increase on records dating from 1992.

September 1st, 2009 NEW DELHI - India's merchandise exports fell for the 10th straight month in July and were valued 28.4 percent lower at $13.62 billion against $19.04 billion during the corresponding month last year, latest trade data showed Tuesday. Cumulative value of exports for the first four months of this fiscal (April-July) was $49.65 billion - 34.1 percent lower than the $75.29 billion that was logged during the year-ago period, as per the data released by the commerce ministry.

August 17th, 2009 BEIJING - China received $5.36 billion in foreign direct investment (FDI) in July, down 35.7 percent year on year, said Ministry of Commerce spokesman Yao Jian Monday. China's total export-import volume between January and July decreased by 22.7 percent year on year to $1,146.71 billion.

August 11th, 2009 Chinese exports, imports fall sharply in JulyBEIJING — China's government says the decline in the country's exports and imports accelerated in July amid weak global consumer demand. Tuesday's report by the Chinese customs agency says exports were down 22.9 percent from a year earlier, while imports fell 14.9 percent.

August 3rd, 2009 India's exports plunge 27.7 percent in JuneMUMBAI, India — India's merchandise exports fell by more than a quarter in June, the Ministry of Commerce said Monday, marking the nation's ninth month of steeply declining trade. Merchandise exports were valued at 612.17 billion rupees ($12.8 billion), down 27.7 percent in dollar terms from 759.3 billion rupees ($17.7 billion) a year earlier, according to government figures.

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.

July 1st, 2009 NEW DELHI - India's merchandise exports continued to suffer a setback this fiscal to register a decline for the second straight month with the value of shipments 29.2 percent lower at $11.01 billion in May over the same month of last fiscal. Merchandise exports had dipped 33.2 percent to $10.74 billion in April, while in May last year, they were valued at $15.55 billion, as per latest data on foreign trade released here Wednesday by the commerce and industry ministry.

June 11th, 2009 Chinese exports plunge 26.4 percent in MayBEIJING — China's exports plunged in May for a seventh month as the global downturn battered trade, while imports also dropped sharply, the government reported Thursday. May exports fell 26.4 percent from a year earlier, the customs agency reported.

May 12th, 2009 China's exports sink 22.6 percent in AprilSHANGHAI — China's exports plunged 22.6 percent in April from the year before in the sixth straight monthly decline, the government said Tuesday, while a torrent in bank lending meant to ward off the economic downturn pushed up spending on factories, real estate and other fixed assets. April's decline in exports, to $91.9 billion, was bigger than the 17 percent drop in March and suggests China's trade sector has yet to see much relief from the prolonged drought in demand brought on by the global downturn.

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.

April 1st, 2009 NEW DELHI - India's merchandise exports dipped 21.7 percent in February to Rs.58,685 crore ($11.91 billion), as compared to Rs.60,476 crore ($15.22 billion) in the corresponding month last year, according to government data released Wednesday. Exports figures have been contracting since last October, forcing the commerce ministry to revise the target for 2008-09 to $175 billion from $200 billion following fall in overseas demand.

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.

February 1st, 2009 NEW DELHI - After registering a decline for two successive months, India's merchandise exports were marginally up 1.1 percent in December at $12.690 billion, as against $12.825 billion during the like month of last fiscal. Cumulatively, the exports grew 17.1 percent during the first nine moths 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.