In November, in USD term, China’s export rose 21.1% yoy to USD 268.1B. Imports rose 4.5% yoy to USD 192.7B. Trade surplus came in at USD 75.4B, up from October’s USD 58.4B, above expectation of USD 53.8B. Year-to-date, exports rose only 2.5% yoy while imports dropped -1.6% yoy. Year-to-date trade surplus was at USD 460B.
- Year-to-date, total trade with EU rose 3.5% yoy to USD 581B. Exports rose 5.7% yoy to USD 351B. Imports rose 0.2% yoy to USD 231B. Trade surplus was at USD 120B.
- Year-to-date, total trade with US rose 5.8% yoy to USD 524B. Exports rose 5.7% yoy to USD 406B. Imports rose 6.1% yoy to USD 118B. Trade surplus was at USD 288B
- Year-to-date, total trade with Australia dropped -0.9% to USD 153B. Exports rose 9.4% yoy to USD 48B. Imports dropped -4.9% yoy to USD 105B. Trade deficits was at USD -57B.
