China November exports grow 21.1% year on year; imports up 4.5%

SINGAPORE (ICIS)–China’s total exports in November surged by 21.1% year on year to $268.1bn, according to preliminary data from the government.

Imports for the month posted a more moderate increase of 4.5% to $192.7bn, resulting in a trade surplus of $75.4bn.

In January-November 2020, cumulative exports from the world’s second-biggest economy totaled $2.32tr, up by 2.5% year on year; while imports were down 1.6% at $1.86tr, official data showed.

ICN