China Sep Exports -3.7% on Year

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The FINANCIAL — China’s exports fell 3.7% in September from a year earlier in dollar terms, after a drop of 5.5% in August, data from the General Administration of Customs showed on October 13, according to Nasdaq.

The September figure was better than the median forecast of a 6.5% decrease from a poll of 12 economists conducted by The Wall Street Journal.

Imports in September fell 20.4% from a year earlier, compared with a 13.8% drop in August, and was below the poll’s median forecast of a 16.5% decrease.

China’s trade surplus widened slightly in September to $60.3 billion from $60.2 billion in August, exceeding the median forecast of a $47.6 billion surplus.

 

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