China Export USD 163.25 Bn in April, up 4.9% YoY

Source: China Customs, ChinaScope Financial (Data)

+       According to data released by the General Administration of Customs on May 10, in April China’s export was USD 163.25 billion and imports was USD 144.83 billion, up 4.9% and 0.3% year-on-year respectively. A USD 18.42 billion trade surplus was realized in the same month.

+       After seasonal adjustment, China’s April exports increased 9.4% month-on-month and 7.2% year-on-year. The growth rate for imports was 4.8% year-on-year and 7.3% month-on-month.

With weak import growth of 0.3% and export growth of 4.9%, China’s trade surplus increased to USD 18.42 Bn in April

Import growth of main commodities failed to pick up in April.

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