China's October 2023 Exports Fall by 6.4% Year-on-Year, Imports Rise by 3%

07 November 2023

China's trade surplus in October 2023 narrowed sharply to USD 56.53 billion from USD 82.35 billion in the same period the previous year, far below market forecasts of USD 82 billion.

Exports dropped by 6.4%, worse than forecasts of a 3.3% decline while imports unexpectedly grew by 3%, the first increase since February.

Source: Trading Economics
Post by: Republic of Türkiye Ministry of Trade