Apr 12 - China's Trade Surplus at USD 5.35 Billion in March

Source: China Customs, ChinaScope Financial (Data)

+       According to an April 10 announcement made by the General Administration of Customs, China’s imports and exports stood at USD 160.31 billion and USD 165.66 billion in March, equivalent to a non-seasonally adjusted YoY growth of 4.6% and 9.8%, respectively.

+       China’s trade surplus was USD 5.35 billion in March; due to February’s trade deficit, the total surplus in the first quarter is only USD 660 million.

Export picked up a bit in March, growing at 8.9% YoY, while import declined to a YoY growth of 5.3%

The trade surplus in March was CNY 5.35 Bn

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