Tags: China | china | trade surplus

US, China Annual Trade Gap Narrows by $25B

shipping containers are stacked up in the chinese port of qingdao
Shipping containers are stacked up in the Chinese port of Qingdao. (Chinatopix Via AP)

Tuesday, 14 January 2020 07:14 AM

China's trade surplus with the United States for December stood at $23.18 billion, a Reuters calculation based on Chinese customs data showed on Tuesday, narrowing slightly from the $24.6 billion surplus posted for November.

For the full year, China posted a $295.8 billion trade surplus with the United States, down from $323.33 billion in 2018, according to Reuters calculations.

Customs said China's total trade with the United States fell 14.6% in 2019, with exports dropping 12.5% and imports slipping 20.9%.

© 2020 Thomson/Reuters. All rights reserved.

   
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China posted a $295.8 billion trade surplus with the United States in 2018, down from $323.33 billion in 2018, according to Reuters calculations.
china, trade surplus
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2020-14-14
Tuesday, 14 January 2020 07:14 AM
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