China: export VAT rebate expenditure by month 2023

This graph shows the expenditure on export value-added tax (VAT) rebates in China from January and February 2021 to January and February 2023. In Jan/Feb 2023, export VAT refunds in China amounted to about 350.1 billion yuan.

Expenditure on export value-added tax (VAT) rebates in China from Jan/Feb 2021 to Jan/Feb 2023 (in billion yuan)

Characteristic	Expenditure in billion yuan
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Release date

March 2023

More information

Region

China

Survey time period

Jan/Feb 2021 to Jan/Feb 2023

Supplementary notes

One yuan equals approximately 0.15 U.S. dollars and 0.14 euros (as of March 2023).

* According to the source, figures for January and February have been grouped together to curb the influence of the Chinese New Year on the statistic. Chinese New Year falls between January 21 and February 21.

Figures have been calculated based on quarter figures and shares of previous months.

Figures have been rounded to provide better understanding of the statistic.

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