BEIJING (Reuters) - China's May exports rose 8.7 percent from a year earlier, while imports expanded 14.8 percent, both beating analysts' expectations, official data showed on Thursday.
That left the country with a trade surplus of $40.81 billion for the month, the General Administration of Customs said.
Analysts polled by Reuters had expected May shipments from the world's largest exporter to have risen 7.0 percent, easing slightly from 8.0 percent growth in April.
Imports were expected to have climbed 8.5 percent, after rising 11.9 percent in April.
Analysts were expecting China's trade surplus to have widened to $46.32 billion in May from April's $38.05 billion.
Improving global demand has boosted exports for China and other trade-reliant Asian economies in recent months after several lean years of declining shipments, but investors have been more focused on its strong appetite for imports, particularly for industrial commodities such as iron ore and coal which is boosting resources prices worldwide.
(Reporting by Sue-Lin Wong; Editing by Kim Coghill)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
