Exports USD terms -9.9% y/y
- forecast was -11.1%, previous -8.7%
Imports -7.5% y/y
- expected -9.8%, previous -10.6%
Trade Balance USD 78bn surplus
- expected $76.20bn, prior $69.84bn
-
Yuan terms also ...
Exports -0.5% y/y
- prior 0.9%
Imports 2.2% y/y
- prior -1.1%
Trade Balance 550.1bn
- prior 494.3bn
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For 2022 as a whole exports rose 4.3% and imports +10.5%
