Exports from China unexpectedly grew by 0.5% year-on-year to USD 291.93 billion in November 2023, beating market forecasts of a 1.1% drop. It was the first increase in exports since April, amid signs of improvement in global trade flows. Sales were up for unwrought aluminium & products (7.5%), steel products (43.3%) and rare earths (42.6%) but declined for refined products (-17.3%) and grains (-20%). Among major trading partners, exports increased to the US (7.3%) and Taiwan (6.4%), while shrinking to Japan (-8.3%), South Korea (-3.6%), Australia (-9.1%), ASEAN (-7.1%), and the EU (-14.5%). Considering the first eleven months of the year, exports dropped 5.2% yoy to USD 3.08 trillion. source: General Administration of Customs
Exports in China averaged 84.13 USD Billion from 1981 until 2023, reaching an all time high of 339.66 USD Billion in December of 2021 and a record low of 1.25 USD Billion in February of 1983. This page provides - China Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Exports - data, historical chart, forecasts and calendar of releases - was last updated on December of 2023.
Exports in China is expected to be 268.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Exports is projected to trend around 300.00 USD Billion in 2024 and 345.00 USD Billion in 2025, according to our econometric models.