China’s trade surplus last September exceeded estimates

China’s trade surplus last September exceeded estimates
China’s trade surplus last September exceeded estimates

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Posted on: Wednesday, October 13, 2021 – 7:33 AM | Last update: Wednesday, October 13, 2021 – 7:33 AM

Data released by the General Administration of Customs in China today, Wednesday, showed that China’s trade surplus during last September amounted to 66.7 billion dollars, while expectations were 46.8 billion dollars.

And China’s exports increased last month by 28.1% annually, while analysts had expected an increase of 21%.

Imports also increased by 17.6 percent annually during last September, while it was expected to increase by 20 percent.

At the same time, China’s exports increased during the first nine months of this year by 33%, while imports during the same period increased by 32.6 percent annually.

China’s trade surplus during the first nine months of this year amounted to $427.54 billion, compared to $362.49 billion during the first eight months of the year.

Source

Chinas trade surplus September exceeded estimates

 
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