China December exports grow 18.1% year on year; imports up 6.5%

SINGAPORE (ICIS)–China’s total exports in December rose by 18.1% year on year to $281.9bn, according to preliminary data from the government.

Imports for the month posted an increase of 6.5% to $203.8bn, bringing the trade surplus to $78.1bn.

For the whole of 2020, China’s total exports posted a 3.6% growth to $2.59tr, while imports fell by 1.1% to $2.06tr, official data showed.

2020 China trade data by month

Period	Exports ($bn)	Year-on-year % change	Imports ($bn)	Year-on-year % change
Jan-Feb	292.5	-17.2%	299.6	-4.0%
Mar	185.2	-6.6%	165.3	-0.9%
Apr	200.3	3.5%	154.9	-14.2%
May	206.8	-3.3%	143.9	-16.7%
Jun	213.6	0.5%	167.2	2.7%
Jul	237.6	7.2%	175.3	-1.4%
Aug	235.3	9.5%	176.3	-2.1%
Sep	239.8	9.9%	202.8	13.2%
Oct	237.2	11.4%	178.7	4.7%
Nov	268.1	21.1%	192.7	4.5%
Dec	281.9	18.1%	203.8	6.5%

Source: China Customs

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