According to customs statistics released on October 14, China’s total import and export value reached 32.33 trillion RMB (approximately $4.45 trillion) in the first three quarters, a YoY increase of 5.3%. Of this, exports amounted to 18.62 trillion RMB (around $2.55 trillion), growing by 6.2%, while imports totaled 13.71 trillion RMB (about $1.88 trillion), up by 4.1%.