Chinese exports, imports buoyant in March, analysts say

12.04.2021 - Korneychuk Evgeniya
Chinese exports, imports buoyant in March, analysts say

Improved global demand and a good base effect are likely to have kept Chinese exports buoyant in March, while higher oil prices will have lifted its imports, according to an analyst poll. 

Chinese trade surplus is expected to be at $52.05 billion in March, following a surplus of $103.25 billion in the first two months of 2021.

Exports are anticipated to have climbed 35.5% year-on-year in March. The figure was down from a 60.6% jump in January to February as levels from last year suffered a deeper contraction when China passed the peak of the coronavirus pandemic. 

The recovery in overseas demand for Chinese goods continued amid greater vaccination efforts. Imports likely climbed 23.3% year-on-year in March, higher than the 22.2% gain in the first two months of the year.

Risk disclaimer "PROMETHEUS LTD – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960 is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of PROMETHEUS LTD and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from umarkets.net or PROMETHEUS LTD." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue
×

Help with deposit?