China Increases Exports in First Two Months by 60.6%

China’s exports surged 60.6% over a year earlier in the first two months of 2021, after factories reopened and global demand started to recover from the coronavirus pandemic.

Exports rose to USD 468.9 billion, customs data showed Sunday, accelerating from December’s 18.1% gain and nearly double the growth expected by forecasters, AP reports.

Imports jumped 22.2% to USD 365.6 billion.

Exports to the United States soared 87.3% over last year to USD 80.5 billion in January and February despite former President Donald Trump’s tariff hikes imposed in a fight over trade, technology and security.

Chinese customs service

Chinese exports

increase of exports

value of Chinese exports