China’s April Trade Surplus Disappoints
China's trade surplus painted a sorry picture for April, coming at $13.84 billion, significantly below March's figure
Arslan Butt•Wednesday, May 8, 2019•1 min read

China’s trade surplus painted a sorry picture for April, coming at $13.84 billion, significantly below March’s figure of $32.65 billion. Economists were expecting a figure of $35 billion.
What’s encouraging, however, is that China’s trade surplus with the US went up to $21.01 billion during April. In March, it was at $20.5 billion. But if the US goes ahead with the latest round of tariff hike, this growth may not continue in the near future.
Dollar-denominated exports fell 2.7 percent in April, missing economists’ expectations for an increase by 2.3 percent during this period. Imports also rose by 4 percent in April, beating expectations for a 3.6 percent decline and March’s 7.6 percent decline.
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ABOUT THE AUTHOR
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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