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. 

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December trade data yet to come
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