China December exports grow 18.1% year on year; imports up 6.5%
Yvonne Shi
14-Jan-2021
SINGAPORE (ICIS)–China’s total exports in December rose by 18.1% year on year to $281.9bn, according to preliminary data from the government.
Imports for the month posted an increase of 6.5% to $203.8bn, bringing the trade surplus to $78.1bn.
For the whole of 2020, China’s total exports posted a 3.6% growth to $2.59tr, while imports fell by 1.1% to $2.06tr, official data showed.
2020 China trade data by month
| Period | Exports ($bn) | Year-on-year % change | Imports ($bn) | Year-on-year % change |
| Jan-Feb | 292.5 | -17.2% | 299.6 | -4.0% |
| Mar | 185.2 | -6.6% | 165.3 | -0.9% |
| Apr | 200.3 | 3.5% | 154.9 | -14.2% |
| May | 206.8 | -3.3% | 143.9 | -16.7% |
| Jun | 213.6 | 0.5% | 167.2 | 2.7% |
| Jul | 237.6 | 7.2% | 175.3 | -1.4% |
| Aug | 235.3 | 9.5% | 176.3 | -2.1% |
| Sep | 239.8 | 9.9% | 202.8 | 13.2% |
| Oct | 237.2 | 11.4% | 178.7 | 4.7% |
| Nov | 268.1 | 21.1% | 192.7 | 4.5% |
| Dec | 281.9 | 18.1% | 203.8 | 6.5% |
Source: China Customs
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