March trade balance USD 23.93bn (Reuters poll had +10bn USD expected)
- USD denominated exports +16.4% y/y for the month (Reuters expected +3.2%)
- USD denominated imports +20.3% y/y for the month (Reuters poll expected +18.0%)
Earlier the Customs Bureau released the CNY terms, but for Q1 as a whole, not separating out March figures:
- China trade balance data for March aggregated into Q1 data
Ahh, here we go, March figures in CNY:
- Trade balance, +164.3bn yuan vs. expected CNY 75.80bn, prior was CNY -60.36bn
- Exports +22.3% y/y, expected +8.0%, prior was +4.2%
- Imports +26.3% y/y, expected +15.0%, prior was +44.7%