China November Export Growth Slows But Imports Accelerate On Restocking

07 December 2021

China's exports growth lost steam in November, pressured by a strong yuan, weakening demand and higher costs, but imports unexpectedly accelerated as the country scrambled to restock depleted commodities like coal.
Exports rose 22% year-on-year in November, customs data showed on Tuesday, slower than the 27.1% jump in the previous month but faster than the 19.0% expected in a Reuters poll.
Imports climbed 31.7%, beating the 19.8% rise in October and well above the forecast 20.6% gain.
Source:   Reuters
Post by : Republic of Turkey Ministry of Trade