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Home >> Business
UPDATED: 17:12, March 15, 2006
China-ASEAN trade surges 28.2 percent in first two months
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Trade between China and the Association of Southeast Asian Nations (ASEAN) maintained a year-on-year growth of 28.2 percent in the first two months this year, said the Ministry of Commerce on Wednesday.

Statistics with the ministry show that two-way trade value between China and the ASEAN from January to February reached 21.28 billion U.S. dollars.

China exported 8.9 billion dollars worth of goods to the ASEAN during the period, an increase of 31.8 percent over the same period last year. Meanwhile, China's imports from the ASEAN grew 25.7 percent to 12.38 billion dollars.

In February, China-ASEAN trade value increased 28.4 percent to 10.03 billion dollars. During the month China's exports to the ASEAN surged 29.1 percent to 4.08 billion dollars and imports from ASEAN increased 27.9 percent to 5.95 billion dollars.

China's trade deficit to the ASEAN countries in February was 1.87 billion dollars, said the ministry.

The ASEAN comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Source: Xinhua


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