Mar 08, 2019
ECONOMY
China’s Exports Slump Most in Three Years on Holiday Impact
https://www.caixinglobal.com/2019-03...101389351.html
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Exports from China:
Zitat:
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Exports from China tumbled 20.7 percent year-on-year to USD 135.24 billion in February 2019, the most since February 2016 and far worse than market expectations of a 4.8 percent decline, amid weakening global demand, ongoing trade tensions with the US and a series of Lunar New Year holidays which started in early February.
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https://tradingeconomics.com/china/exports
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Imports to China:
Zitat:
Imports to China dropped 5.2 percent year-on-year to USD 131.12 billion in February 2019, the third straight month of decline and worse than maket consensus of a 1.4 percent fall.
Purchases of - soybeans dropped 17.8 percent year-on-year to a four-year low of 4.46 million tonnes, amid higher tariff imposed on shipments from the US. Also, imports fell for:
- coal (-15.6 percent to 17.64 million tonnes);
- iron ore (-1.4 percent to a ten-month low of 83.08 million tonnes);
- steel products (-19.7 percent to 0.82 million tonnes);
- unwrought copper (-11.1 percent to an 11-month low of 311,000 tonnes).
In contrast, imports rose for - crude oil (21.6 percent to 39.23 million tonnes);
- copper ores & concentrates (32.8 percent to 1.93 million tonnes, tying the all-time record set in September).
Imports fell - from the US (-26.2 percent),
- ASEAN countries (-9.9 percent),
- South Korea (-15.9 percent), and
- Taiwan (-5.6 percent),
but rose from - the EU (2.5 percent),
- Japan (0.2 percent) and
- Australia (3.9 percent).
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Quelle:
https://tradingeconomics.com/china/imports