[Ministry of Commerce: Travel service exports increased by 97.5% year-on-year in the first quarter] The head of the Ministry of Commerce's Service Trade Department introduced the development of service trade in the first quarter of 2025. In the first quarter of 2025, my country's service trade grew rapidly, with a total import and export of services of 1974.18 billion yuan (RMB, the same below), a year-on-year increase of 8.7%. Among them, exports were 835.15 billion yuan, an increase of 12.2%; imports were 1139.03 billion yuan, an increase of 6.2%. The service trade deficit was 303.88 billion yuan, a decrease of 24.46 billion yuan from the same period last year. Among them,
travel service exports grew the fastest. In the first quarter, travel services continued to maintain rapid growth, with imports and exports reaching 584.9 billion yuan, an increase of 21.8%, making it the largest area of service trade. Among them, exports grew by 97.5% and imports grew by 14.9%.
