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China March (USD) exports +14.8% y/y (expected -7.1%) & Imports -1.4% y/y (expected -6.4%)
Trade data from China for March 2023In USD terms:Exports +14.8% y/yexpected -7.1%, previous -6.8%Imports -1.4% y/yexpected -6.4%, previous -10.2%Trade balance USD 88.19bn surplusexpected 40bn, previous 116.9bnYuan denominated:exports +23.4% y/yimports +6.1% y/y---Surging exports in the month is a big surprise. Earlier today we had a customs spokesman saying trade was facing difficulties. Exports sure looking solid though. Earlier:China January - March Exports +8.4% y/y, Imports +0.2% y/y (yuan t...
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Posted: Apr 13 2023, 03:28
Author Name: forexlive
Views: 082022