CH USD-Denominated Trade Balance

China's exports likely grew in November, slower than last month's bumper data but continuing an upbeat trend as Chinese exporters likely frontloaded shipments amid growing tariff risks from the incoming US administration. Outbound shipments are expected to have risen 8.5 per cent year-on-year by value in November, the median forecast of 22 economists in a Reuters poll showed, compared to a 12.7 per cent jump in October. Imports likely grew marginally at 0.3 per cent, creeping back into the positive from a 2.3 per cent decline in ...

China's exports grew at the fastest pace in over two years in October as factories rushed inventory to major markets in anticipation of further tariffs from the US and the European Union, as the threat of a two-front trade war loomed large Donald Trump's sweeping victory in the US presidential election has brought into sharp focus his campaign pledge to impose tariffs on Chinese imports in excess of 60 per cent and is likely to spur a shift in stocks to warehouses in China's No 1 export market. Trump's tariff threat is rattling ...

China’s exports slowed sharply in September as global demand weakened, adding to worries over how to recharge growth in the world’s second-largest economy. Exports rose 2.4% in dollar terms from a year earlier last month, down from 8.7% year-on-year growth in August, the Chinese customs office reported Monday. Imports rose just 0.3% in September. Economists had estimated that exports would rise about 6% and that imports would climb about 0.9%. China recorded a trade surplus of $81.7 billion in September, down from $91 billion in ...

China’s exports grew by 2.4% in September from a year ago in U.S. dollar terms, while imports rose by 0.3%, customs data showed Monday. Both figures were well below expectations. China’s exports were forecast to have risen by 6% year-on-year in September in U.S. dollar terms, according to a Reuters poll. That would be slower than the 8.7% increase in August. Imports were expected to have climbed by 0.9% in September from a year ago, according to the Reuters poll. That would be slightly faster than the 0.5% increase in August. Exports ...

China’s imports of natural gas, including via pipeline and LNG cargoes, increased by 14.3% in the first half of 2024 compared to the same period of last year. China imported 64.65 million tons of natural gas in the first six months of 2024, LNG Prime reported on Friday, citing data from China’s General Administration of Customs. The Chinese import bill for the first half fell by 0.8% to $31.7 billion, the data showed, as LNG prices were lower than year-ago levels early this year. Chinese imports of natural gas inched up by just 0.4% ...