Aitor Mate’s Post

Bull China China’s export growth surged in October to the fastest in more than two years, extending a months-long run of resilience that helped sustain the economy before a barrage of stimulus measures aimed at shoring up domestic demand. Exports rose 12.7% in dollar terms from a year earlier and imports fell 2.3%, the customs administration said Thursday. The median forecasts of economists surveyed by Bloomberg were for exports to rise 5% and a 2% drop in imports. The trade surplus in October came to $95.7 billion, the third-highest month on record.

China – strong exports in March Exports rose MoM in March, while imports were weak. Outside concern about China's trade surplus is going to intensify. Click below to read more, or get in touch if you are interested in subscribing. #China #ChinaEconomy

Chinese export growth is slowing The September data shows exports to the US and EU are still growing but at a much slower pace than in August. Notably, exports to Japan, Korea, and Taiwan are negative YoY through September. BofA cautions that while one month of data doesn’t establish a trend, continued weakness would strip China of a crucial buffer against domestic economic challenges, likely increasing the need for significant stimulus measures. Source: BofA Global Research

US China trade conflict is beneficial to Mexico. Share of China exports to the US fall from the peak of 21.9% in 2019 to 12.7% in first half of 2024. Mexico share increased to 15.9%.

China – exports flat-lining It seems increasingly unlikely that exports can offset the weakness of domestic demand. Today's export data for August weren't strong. Volumes might be better, but the regional export cycle is likely peaking, and that at a time when China's domestic demand seems to be weakening further. Click below to read more, or get in touch if you are interested in subscribing. #China #ChinaEconomy

South Australia is the only state in the nation to grow its exports according to latest trade stats as trade with China continues to soar – up nearly 40 per cent year-on-year. This is the eighth consecutive month that South Australia’s export growth has outpaced the nation, and the third consecutive month as the only state to experience export growth.

China-Africa trade continues to soar, with Chinese exports reaching $97bn and African exports to China at $69bn so far this year. However, the majority of Africa's exports remain raw materials, accounting for 68% of bilateral trade – a pattern consistent with historical trends. 🔵 As the trade volume is on track to surpass last year's record of $282bn, the concentration of trade in just a few African countries highlights ongoing disparities, writes Eric Olander.

South Korea's export growth slowed for the fourth consecutive month in November, reaching its weakest level in 14 months due to declining shipments to the US and China amid tariff uncertainties.