China’s April imports rose 11.9%, cooling from March’s 20.3% rise, official data showed on Monday, and missing analysts’ expectations for an 18% rise.
Exports rose 8.0% from a year earlier, slowing from a 16.4% rise in the previous month and short of expectations of 10.4%.
April’s numbers left the country with a trade surplus of $38.05 billion, which compared with forecasts for $35.50 billion and above $23.93 billion in March.
Exports to the United States, China’s largest export market, rose 11.7% in April from a year earlier while imports from the U.S. rose 1.5%.
Source: Republic of Turkey Ministry of Economy
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