China’s May trade data (USD): Exports unexpectedly rebound, imports plunge

Dhwani Mehta FXStreet

The China customs published trade balance for May in USD terms, reporting a bigger-than-expected increase in the trade surplus, as exports rebound surprisingly.

In USD terms,

Trade Balance (USD) May came in at +41.65B versus +13.84B previous.

Exports (YoY) May: +1.1% vs. -2.7% last.

Imports (YoY) May: -8.5% vs. -4.0% last.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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