March 07, 2025 04:47 GMT
MNI BRIEF: China's Jan-Feb Exports Slow; Imports Weak
China's exports grew 2.3% y/y to USD539.94 billion in the first two months of 2025, missing the 5.9% y/y consensus, according to data released by China Customs on Friday.
Imports, which amounted to USD369.43 billion, registered a 8.4% y/y drop, far behind from the consensus of a 1.0% y/y increase. China’s trade surplus in the Jan-Feb period hit USD170.5 billion, compared with the consensus of USD147.5 billion.
Exports and imports with ASEAN, the EU and the U.S. drove the total trade volume by 15.8%, 12.7% and 11.2% respectively.
Keep reading...Show less
86 words