Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap China remains top merchandise exporter in 2023 for 7th straight year !

China remains top merchandise exporter in 2023 for 7th straight year

Time:2024-05-21 12:42:45 source:World Walkthrough news portal

China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as the level in 2022, the Ministry of Commerce said.

The ministry made the remarks in response to the latest edition of World Trade Organization's (WTO) "Global Trade Outlook and Statistics," which foresees a gradual recovery in world merchandise trade volume in 2024 and 2025, following a contraction in 2023.

China stayed as the second top merchandise importer in 2023 with a share of 10.6 percent, basically the same with the level in 2022, the ministry said.

Despite the difficult recovery of the world economy, China has maintained steady performances in world merchandise trade, showing strong growth resilience, the ministry noted.

This showed that China's quality products are welcomed by the global market and imports into China's large domestic market have helped drive the economic growth of other countries, the ministry said.

The WTO report also cautioned that there is a high degree of uncertainty associated with the current forecast due to the large number of risk factors present in the global economy, including regional conflicts, geopolitical tensions, and rising protectionism. 

Related information
  • The government wants to buy their flood
  • Chinese, Kyrgyz Presidents Hold Talks, Elevate Bilateral Relationship
  • China's air passenger trips to reach 9 million during May Day holiday
  • Xi Jinping: Embracing a Brighter Future for Our Six Countries
  • Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
  • Changbai Mountain launches serial summer events
  • Xi Calls on National Art Museum of China to Build Worldwide Prestige
  • Xi Story: Xi's Commitment to Empowering Chinese Children
Recommended content
  • Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
  • Xi Sends Congratulations to 32nd Arab League Summit
  • Xi's Vision Injects Confidence, Wisdom into Forging Closer China
  • Peng Liyuan Meets with DRC's First Lady
  • Baby Reindeer's real
  • Xi Story: The Growth Story of a 'Dot'