Oil exports, gold imports contract in May
According to a data released by the Ministry of Commerce and Industry, overseas shipment of petroleum products shrank 15.53% to $2 billion in May, while that of engineering goods grew by 2.2%. Meanwhile, oil imports fell 30.45% year-on-year to $5.93 billion, and the gold imports also contracted for the fourth consecutive month, declining 39.14% to $1.47 billion.