05:07:45 13-01-2025
China’s Trade Balance: Surplus widens in December as Exports jump
China's Trade Balance for December, in Chinese Yuan (CNY) terms, came in at CNY752.91 billion, expanding from the previous figure of CNY692.8 billion.
Exports climbed by 10.9% YoY in December vs. 1.5% in November. The country’s imports rose by 1.3% YoY in the same period vs. 1.2% registered previously.
In US Dollar (USD) terms, China’s trade surplus expanded in December.
Trade Balance came in at +104.84B versus +99.8B expected and +97.44B previous.
Exports (YoY): 10.7% vs. 7.3% expected and 6.7% previous.
Imports (YoY): 1% vs. -1.5% expected and -3.9% last.