China September Trade data
Chinese Trade Balance (USD) +90.45bn
- expected 98.96bn
- prior 102.33bn
Imports YY +7.4% USD terms
- expected +1.5%
- prior +1.3%
Exports YY +8.3% USD terms
- expected +6.0%,
- prior +4.4%
Some highlights of the data:
- China’s September coal imports at nine-month high
- China’s iron ore imports hit record high in September
- China soybean imports hit record high for the month of September
- China’s September export growth hits six-month high y/y
- China’s September import growth hit a 17-month high
