Exports from China surged 25.6 percent year-on-year to a record USD 294.32 billion in August 2021, far above market estimates of 17.1 percent and accelerating from a 19.3 percent rise in July. It this was the 14th straight month of growth in outbound shipments, as high commodity prices and solid foreign demand specially from the US and Europe offset local COVID-19 outbreak, and port congestion. Exports to the US grew 15.52 percent year-on-year to USD 51.72 billion, accelerating from July’s 13.4 percent growth. Meanwhile, exports to the ASEAN countries rose by 16.59 percent from a year earlier.The top three exports were electronics, high-tech products, and clothing and clothing accessories. source: General Administration of Customs
Exports in China averaged 725.77 USD HML from 1981 until 2021, reaching an all time high of 2943.16 USD HML in August of 2021 and a record low of 12.50 USD HML 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 September of 2021.
Exports in China is expected to be 2887.00 USD HML 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 3110.00 USD HML in 2022 and 3300.00 USD HML in 2023, according to our econometric models.