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1h ago

China’s September Trade Surges, Beating Forecasts With $90.45 Billion Surplus

The outperformance reflects a pivot from the U.S. toward faster-growing markets.

Chinas Exporte sind im September überraschend stark gestiegen - auch diejenigen in die USA. Die Ausfuhren ingesamt legten im Vorjahresvergleich um 8,3 Prozent zu. Die Exporte in die USA stiegen im Vormonatsvergleich um 8,6 Prozent.

Overview

  • Exports rose 8.3% year over year and imports 7.4% in U.S. dollar terms, customs reported, producing a surplus of about $90.45 billion.
  • Analyst expectations were exceeded, with markets forecasting roughly 6% export growth and about 1.5% for imports.
  • Year on year, shipments to the United States fell 27% and purchases dropped 16.1%, while exports to ASEAN rose 15.6% and to Africa about 56%, with customs also noting an 8.6% month-on-month rise in U.S.-bound exports to $34.3 billion.
  • Customs officials credited sustained gains in manufacturing and higher-value goods, including electric vehicles and agricultural machinery.
  • Beijing is addressing weak domestic demand and price wars with potential controls as trade risks increase from threatened U.S. tariffs and tighter Chinese approvals for rare-earth exports, with Q3 growth data and a Party meeting now in focus.