China Handelsbilanzsaldo

China's trade surplus declined to USD 58.55 billion in March 2024 from USD 78.43 billion in the same period a year earlier, far below market forecasts of USD 70.2 billion, as exports dropped more than imports. Exports shrank by 7.5%, compared to expectations of a 3% fall, while imports unexpectedly fell by 1.9%, missing market expectations of a 1.2% rise. The trade surplus with the United States was at USD 22.94 billion. For the first three months of the year, the country posted a surplus of USD 183.71 billion, with exports rising 1.5% to USD 807.50 billion while imports grew 1.5% to USD 623.84 billion.