China’s exports surge, imports dip in March

BEIJING --- Customs data showed that China's exports staged a turnaround in March, while a decline in imports narrowed.

Exports increased 11.5 percent on-year to 160.8 billion US dollars, beating the 10 percent rise economists predicted in a Bloomberg survey, according to the data.

Imports, however, fell for the 17th consecutive month, albeit at a slower pace, dropping 7.6 percent on-year to 131.0 billion US dollars, Customs said.

The following table shows the value of China's exports and imports with its trade partners by country and region in March as well as the figures for the first quarter.

Table: Total value of exports and imports by country/region in March of 2016

Unit: thousand U.S. dollars

(Source: GAC, Xinhua Silkroad Database, http://db.silkroad.news.cn/en/)

Note:

ASEAN: Brunei, Myanmar, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam

EU: Belgium, Denmark, the United Kingdom, Germany, France, Ireland, Italy, Luxembourg, the Netherlands, Greece, Portugal, Spain, Austria, Finland, Sweden, Cyprus, Hungary, Malta, Poland, Estonia, Latvia, Lithuania, Slovenian, the Czech Republic, Slovakia, Bulgaria, Romania and Croatia.

APEC: Brunei, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand, Vietnam, the People's Republic of China, Taiwan, Russia, Chile, Mexico, Peru, Canada, the United States, Australia, New Zealand, Papua New Guinea.