China Oct exports rise 27.1% y/y; imports up 20.6%

  • 11/7/2021
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BEIJING, Nov 7 (Reuters) - China’s exports in October rose 27.1% from a year ago, beating analysts’ expectations, while imports jumped 20.6%, customs data showed on Sunday. Analysts in a Reuters poll had forecast October exports would increase 24.5% after jumping 28.1% the previous month. Imports were estimated to have risen 25%, according to the poll, versus a 17.6% gain in September. China posted a trade surplus of $84.54 billion last month, compared with the poll’s forecast for a $65.55 billion surplus. It reported a $66.76 billion surplus in September. (Reporting by Albee Zhang, Stella Qiu and Ryan Woo; Editing by Sam Holmes and Christian Schmollinger)

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