In March, in USD term, China’s export grew 30.6% yoy to USD 241.1B. Imports rose 38.1% yoy to 227.3B. Trade surplus came in at USD 13.8B, well below expectation of USD 52.0B. From January to March, exports rose 49.0% yoy to USD 710.0B. Imports rose 28.0% yoy to USD 593.6B. Trade surplus was at USD 116.4B.
From January to March, exports to EU rose 56.7% yoy to USD 110.2B. Imports from EU rose 33.0% yoy to USD 73.4B. Exports to US rose 74.7% yoy to 119.2B. Imports from US rose 69.2% to 46.5B. Exports to Australia rose 50.5% yoy to USD 14.1B. Imports form AU rose 20.9% yoy to USD 33.7B.
