China Oct exports rise 27.1% y/y; imports up 20.6%

[xizhimen]

China Oct exports rise 27.1% y/y; imports up 20.6%​

By Reuters Staff
November. 6 2021

BEIJING, Nov 7 (Reuters) - China’s exports in October rose 27.1% from a year ago, beating analysts’ expectations, while imports jumped 20.6%, customs data showed on Sunday.
Analysts in a Reuters poll had forecast October exports would increase 24.5% after jumping 28.1% the previous month.

Imports were estimated to have risen 25%, according to the poll, versus a 17.6% gain in September.

China posted a trade surplus of $84.54 billion last month, compared with the poll’s forecast for a $65.55 billion surplus. It reported a $66.76 billion surplus in September.

China Oct exports rise 27.1% y/y; imports up 20.6%

China's exports in October rose 27.1% from a year ago, beating analysts' expectations, while imports jumped 20.6%, customs data showed on Sunday.

www.reuters.com