Exports from China surged 18.1 percent year-on-year to a fresh record USD 281.9 billion in December 2020, easing from a 21.1 percent jump in the previous month although well above market consensus of a 15 percent rise, as global demand continued to recover from the COVID-19 crisis, despite a sharp appreciation in the yuan in recent months. This was the seventh consecutive month of growth, mainly supported by demand for medical supplies and electronics products for working from home. Meanwhile, exports of rare earth jumped 14 percent from a year earlier to 4,168 tonnes in December. Considering full 2020 year, total exports rose 3.6 percent, with sales to the US rising 7.9 percent. source: General Administration of Customs
Exports in China averaged 694.40 USD HML from 1981 until 2020, reaching an all time high of 2819.28 USD HML in December of 2020 and a record low of 12.50 USD HML in February of 1983. This page provides - China Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Exports - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Exports in China is expected to be 2340.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in China to stand at 3110.00 in 12 months time. In the long-term, the China Exports is projected to trend around 3210.00 USD HML in 2022 and 3300.00 USD HML in 2023, according to our econometric models.