Value of imports down

08 February 2019
Value of imports down
Visitors look at auto engines displayed at the Shanghai auto parts and service expo in Shanghai city, Chin. Photo: EPA

The value of imports between 1 October, 2018 and 25 January, 2019 in the current fiscal year stood at US$5.8 billion, which declined by $6 million from the corresponding period in the last FY, state media reported.

Over the past three months, import values in the private sector were $215 million less than in the last FY, while the public sector witnessed a small increase. Capital goods, such as auto parts, vehicles, machines, steel and airplane parts are imported into the country, with estimated import values of $1.85 billion.

This figure was down by $179.5 million compared to the same period in the last FY.