Still awaiting the November alone numbers.
January – November exports +5.4% y/y (USD denominated)January -November imports +1.2% y/y (USD denominated)
OK, here we go with November month alone data:
USD denominated exports +6.7% y/yUS dollar denominated imports -3.9% y/ytrade balance US$ +97.44bn
China’s trade surplus with
the United States in November reached $34.9 billion, widening
from the $33.5 billion in October,
for the first 11 months, China’s trade surplus with the U.S.
hit $326.8 billion
China Customs authorities comments:
Imports and exports continue to grow for 8 consecutive months, annual trade expected to close steadily.Auto exports reach 762.97 billion yuan in first 11 months, up 16.9%.
This article was written by Eamonn Sheridan at www.forexlive.com.
