China's March trade balance, in Chinese yuan, stood at CNY 415.86 billion, higher than the previous figure of CNY 281.97 billion.
Exports fell 3.8% annually in March, compared to 10.6% in February. Imports increased 2% annually in the same period, compared to -3.9% previously.
In American dollarChina's trade surplus narrowed in March.
The trade balance stood at +58.55 billion, compared to the +70.2 billion expected and the previous +125.16 billion.
Exports (annual): -7.5% compared to -3.0% expected and 7.1% previously.
Imports (annual): -1.9% vs. 1.2% forecast and 3.5% previously.
Other data
Chinese exports denominated in USD in January-March: +1.5% annually.
Chinese imports for January-March denominated in dollars +1.5% annually.
Chinese trade balance for January-March, denominated in dollars, 183.66 billion.
China's trade surplus with the United States in March: $22.94 billion.
China's trade surplus with the United States in January-March: $70.22 billion.
Repercussions on the currency market
He AUD/USD maintains recent losses due to mixed Chinese trade figures. The pair has lost 0.32% on the day, trading at 0.6514, at the time of writing.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
