WeChat QR Code

Home>News Center

China’s imports surprise with growth in October, but exports fall more than expected

2023-11-07 11:28:11       source:CNBC

November 6, 2023


BEIJING — China reported a worse-than-expected drop in exports in October, while imports surprisingly rose for the month from a year ago.


China’s customs agency said exports in U.S. dollar terms fell by 6.4% in October from a year ago. That’s worse than the 3.3% drop predicted by a Reuters poll.


Imports rose by 3% in U.S. dollar terms in October from a year ago. That’s in contrast to the Reuters’ forecast for a 4.8% drop from a year ago.


Read more:

https://www.cnbc.com/2023/11/07/china-trade-exports-imports-data-for-october-2023.html