China Trade Surplus Hits $84.8bn as Exports Surge Past Forecasts

April exports rose 14.1% year-on-year to $359.4bn, outpacing expectations and lifting the trade surplus to a record. China’s April exports climbed 14.1% year-on-year to $359.4bn, exceeding forecasts of 7.9% growth. Imports surged 25.3% to a record $274.6bn, pushing the tra

April exports rose 14.1% year-on-year to $359.4bn, outpacing expectations and lifting the trade surplus to a record.

China’s April exports climbed 14.1% year-on-year to $359.4bn, exceeding forecasts of 7.9% growth. Imports surged 25.3% to a record $274.6bn, pushing the trade surplus to $84.8bn.

The export growth marks a sharp rebound from March’s 7.5% rise, while imports accelerated from 1.9% in the prior month. Analysts had anticipated a softer print amid global demand concerns.

The data suggests resilient external demand, though risks of demand destruction persist as global oil inventories tighten and supply constraints loom.

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