Chinese exports grew in September (+ 28%), two points higher than August, to 305.7 billion dollars, but the surplus with the US, supported by robust demand, gallops up to touch 42 billion. dollars. Chinese imports, which increased by 33% in August, fell to 17.6% in September, to 240 billion dollars.
Logistics and other supply bottlenecks are still affecting international trade after last year’s pandemic crisis. The forecast is that the increase in global demand for Chinese goods will subside as coronavirus controls are eased and the entertainment, travel and other services sectors reopen.
The hub of logistics
Growth in China’s imports and exports slowed in September amid shipping bottlenecks and other disruptions triggered by coronavirus outbreaks, Chinese Customs data reveals exports increased 28.1% to $ 305.7 billion .
The figure is slightly faster than the 26% increase recorded in August and better than economists’ forecasts. Imports increased 17.6% to $ 240 billion, less than 33% the previous month.
“The performance of China’s foreign trade is driving the world‘s major economies as the country is experiencing an increase in international market share,” said Li Kuiwen, a spokesman for the customs agency.