China April exports +32.3% y/y (US dollar terms)

Author: Eamonn Sheridan | Category: News

China trade balance data for April 2021, surplus of 276.5bn yuan 

Exports 
  • +32.3% y/y in USD terms
  • +22.2% y/y in yuan terms
Imports
  • +43.1% y/y in USD terms
  • +32.2% y/y in yuan terms
China's exports to the US +49.3% (yuan terms).


Do note that April 2020 was a tough month for China, the COVID-19 outbreak impacting. This has led to very strong y/y figures (base effects). Nevertheless, still great numbers. 



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