The Guangdong branch of China Customs said on Nov. 13 that Guangdong’s goods trade in the first 10 months totaled 9.8 tln yuan, exceeding last year’s full-year level and up 25.7% YoY. Exports were 5.73 tln yuan (+15.1% YoY) and imports 4.07 tln yuan (+44.6% YoY). Guangdong’s share of national trade rose to 21.9% in the first 10 months, up 1 ppt YoY. After first breaking 1.0 tln yuan in June, monthly import-export volumes have exceeded 1.0 tln yuan for five consecutive months. October trade was 1

The Guangdong branch of China Customs said on Nov. 13 that Guangdong’s goods trade in the first 10 months totaled 9.8 tln yuan, exceeding last year’s full-year level and up 25.7% YoY. Exports were 5.73 tln yuan (+15.1% YoY) and imports 4.07 tln yuan (+44.6% YoY). Guangdong’s share of national trade rose to 21.9% in the first 10 months, up 1 ppt YoY. After first breaking 1.0 tln yuan in June, monthly import-export volumes have exceeded 1.0 tln yuan for five consecutive months. October trade was 1.08 tln yuan (+37.3% YoY; growth rate 12.8 ppt faster than the first nine months); October exports were 618.8 bln yuan (+22.8% YoY) and imports 456.6 bln yuan (+63.5% YoY).