China: Exports surged in March – UOB
14.04.2023, 13:18

China: Exports surged in March – UOB

Economist at UOB Group Ho Woei Chen reviews the latest trade balance figures in China.

Key Takeaways

“Exports unexpectedly surged in Mar while imports were less robust but still came in above consensus’ expectation. China’s shipments improved amid the normalisation of domestic production and stronger demand from the Asian and European markets.”

“In volume terms, China’s imports of commodities such as crude and refined petroleum, LPG, coal and iron ore were strong compared to the year-ago period which is an indication of inventory rebuilding, pick-up in construction activity and concerns over energy shortages particularly as domestic demand rebounds. Commodity imports are expected to continue benefiting from domestic demand recovery and stronger construction activities ahead.”

“In 1Q23, exports rose 0.5% y/y while imports contracted by 7.1% y/y. Despite the strong export data, we are less convinced of a sustained improvement in China’s export outlook as global demand has remained sluggish with an upturn only expected in the later part of this year.”

“Overall, we maintain our forecast for China’s export to register a contraction of 3.0% this year while imports may see a small gain of around 2.0% in 2023 as domestic demand recovers.”

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik