China full year (2018) trade balance data

Author: Eamonn Sheridan | Category: News

Data for the full 2018 year from China

Yuan terms
  • Exports +7.1% y/y 
  • Imports +12.9% y/y
  • Trade surplus is 2.33 tln yuan

USD terms
  • exports +9.9% y/y (dollar denominated export growth highest since 2011)
  • imports +15.8 % y/y
  • trade surplus 351bn USD
On this 'dollar denominated export growth highest since 2011', some of the higher exports are attributable to 'front loading' ahead of the US imposition of tariffs. 

December trade data yet to come
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