China Balança Comercial

China's trade surplus increased to USD 125.16 billion in January-February 2024 combined from USD 103.8 billion in the same period a year earlier, surpassing market forecasts of USD 103.7 billion, as exports rose more than imports. Exports grew by 7.1%, beating expectations of a 1.9% growth, while imports climbed by 3.5%, compared to market expectations of a 1.5% rise. The trade surplus with the United States was at USD 47.29 billion, with exports rising 5% while imports declined by 9.7%. In 2023, the country posted a surplus of USD 823 billion, with exports falling 4.6% to USD 3.38 trillion while imports dropped 5.5% to USD 2.56 trillion. China combined trade data for January and February to smooth out the impact of the Lunar Year holiday, which falls at different times each year.