World, Asia - Pacific
China’s exports unexpectedly tick up in November
Exports from China rise for 1st time in 7 months by 0.5%, while imports drop 0.6% from year ago
Tuba Ongun |
07.12.2023 - Update : 07.12.2023
ANKARA
Chinese exports surprisingly edged up annually in November for the first time in seven months, according to data released on Thursday.
China's overseas shipments rose 0.5% from a year ago to $291.9 billion in November, beating expectations of a 1.1% decline, data from the General Administration of Customs showed.
Imports fell 0.6% year-on-year in November, contrary to estimates of a 3.3% rise and shifting from a 3% rise in October.
China's trade surplus grew to $68.4 billion from $66.5 billion during the same period.
In the first 11 months of this year, China's exports and imports fell 5.2% and 6%, respectively, from a year earlier.
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