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China’s exports fall 17.2% in the first two months of 2020

07 March 2020 09:20 (UTC +04:00)

Amid the coronavirus epidemic, Chinese exports plummeted 17.2% in January and February of this year compared to the same period of 2019, and imports fell 4%, according to data from the General Administration of Customs of the Asian country, APA reports citing CNBC.

In the first two months of the year, China’s foreign trade fell 11% to 519.9 billion dollars, where 292.4 billion dollars corresponded to exports and 299.5 billion to imports.

Last year, China’s commercial operations decreased 1% and totaled 4.57 billion dollars. The exports they stood at 2.49 trillion dollars and the imports, in 2.07 billion.

The Asian country closed 2019 with a trade surplus of 421.5 billion dollars.