China Nov exports rise 22% y/y; imports up 31.7%

China posted a trade surplus of $71.72bln last month

  
Image used for illustrative purpose. Containers are seen at a port in Ningbo, Zhejiang province, China May 28, 2019. REUTERS/Stringer

Image used for illustrative purpose. Containers are seen at a port in Ningbo, Zhejiang province, China May 28, 2019. REUTERS/Stringer

BEIJING - China's exports rose 22% in November from the same period a year before and imports jumped 31.7%, customs data showed on Tuesday.

Analysts in a Reuters poll had forecast November exports would increase 19.0%, slowing from the 27.1% growth in the previous month.

Imports were forecast to have risen 19.8%, according to the poll, versus a 20.6% gain in October.

China posted a trade surplus of $71.72 billion last month, compared with the poll's forecast for a $82.75 billion surplus. China reported a $84.54 billion surplus in October.

(Reporting by Gabriel Crossley; Editing by Sam Holmes) ((Gabriel.Crossley@thomsonreuters.com; +86 10 5669 2127;))


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