Exports and imports in China are forecast to rise sharply, driven by restocking and higher commodity costs, analysts said.
China’s April trade surplus is expected to widen to CNY 570 billion from CNY 354.75 billion in March, with exports projected to rise 6.5% year-on-year and imports jumping 20.4%. The surplus in USD terms is seen at $82.4 billion, up from $51.13 billion.
Analysts attribute the import surge to strong domestic restocking and elevated energy and commodity prices. The data will clarify whether higher costs are inflating import values and compressing the underlying trade surplus.
Markets will watch for signs of sustained demand and pricing pressures in China’s trade dynamics.