--- title: "In the first quarter, mainland China's dollar-denominated exports increased by 14.7% year-on-year, while imports rose by 22.7%" type: "News" locale: "en" url: "https://longbridge.com/en/news/282623002.md" description: "The General Administration of Customs of Mainland China announced that in the first quarter of this year, exports in US dollar terms grew by 14.7%, imports increased by 22.7%, and the trade surplus was USD 264.33 billion. In March, exports grew by 2.5%, and imports increased by 27.8%. In terms of RMB, the total value of imports and exports in the first quarter reached 11.84 trillion yuan, a year-on-year increase of 15%. The deputy director of customs stated that the total value of imports and exports has remained above 10 trillion yuan for 12 consecutive quarters, with the growth rate rebounding to double digits, indicating a solid foundation for foreign trade" datetime: "2026-04-14T03:18:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282623002.md) - [en](https://longbridge.com/en/news/282623002.md) - [zh-HK](https://longbridge.com/zh-HK/news/282623002.md) --- # In the first quarter, mainland China's dollar-denominated exports increased by 14.7% year-on-year, while imports rose by 22.7% The General Administration of Customs of Mainland China announced that in the first quarter of this year, exports in US dollars increased by 14.7% year-on-year, while imports increased by 22.7% year-on-year, resulting in a trade surplus of USD 264.33 billion. In March alone, exports in US dollars increased by 2.5% year-on-year, lower than market expectations; imports increased by 27.8% year-on-year, higher than market expectations. The trade surplus was USD 51.13 billion. In terms of renminbi, the total value of goods imports and exports in the first quarter reached 11.84 trillion yuan (RMB, the same below), an increase of 15% year-on-year, surpassing 11 trillion yuan for the first time. Among them, the total export value was 6.85 trillion yuan, an increase of 11.9% year-on-year; the total import value was 4.99 trillion yuan, setting a historical high for the same period, with a year-on-year increase of 19.6%. Wang Jun, Deputy Director of the General Administration of Customs, stated that the total value of imports and exports in the first quarter has remained above 10 trillion yuan for 12 consecutive quarters, and the growth rate has returned to double digits since the fourth quarter of 2022; at the same time, overall imports and exports to developed economies such as the European Union have maintained growth, and the growth rates of imports and exports to regions such as ASEAN, Latin America, and Africa are all above double digits, making the diversified market structure a solid foundation for foreign trade ### Related Stocks - [000047.CN](https://longbridge.com/en/quote/000047.CN.md) - [399106.CN](https://longbridge.com/en/quote/399106.CN.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [399108.CN](https://longbridge.com/en/quote/399108.CN.md) - [399001.CN](https://longbridge.com/en/quote/399001.CN.md) - [000300.CN](https://longbridge.com/en/quote/000300.CN.md) - [510210.CN](https://longbridge.com/en/quote/510210.CN.md) - [501045.CN](https://longbridge.com/en/quote/501045.CN.md) - [166802.CN](https://longbridge.com/en/quote/166802.CN.md) ## Related News & Research - [China Flight Prices Fall Pre-Holiday Even as Airlines Raise Surcharges](https://longbridge.com/en/news/284533728.md) - [16:58 ETUN Global Compact Convenes CEO Roundtable in Beijing to Advance a Just Energy Transition](https://longbridge.com/en/news/283401425.md) - [China Fiscal Spending Up 2.6% in Q1](https://longbridge.com/en/news/284125392.md) - [The GDP-employment disconnect is deepening in China](https://longbridge.com/en/news/284077671.md) - [China leaves lending benchmarks unchanged for 11th month in April](https://longbridge.com/en/news/283278490.md)