China’s exports grew 29.9% in 2021, according to data released Friday, January 14 by Customs. An annual increase driven by products related to the fight once morest the coronavirus and the equipment needed for working at home, including laptops.
Compared to 2019, the Asian giant’s exports had only increased by 3.6% in 2020. “Robust exports should last a few more months but (the phenomenon) will probably fade from the mid-year, ”said an analyst from the rating agency Fitch quoted by the media.
Chinese customs data indicate, moreover, that exports increased by 20.9% over one year in December 2021, once morest 22% in November.
For their part, imports increased by 30.1% over the whole of 2021, once morest an annual decline of 1.1% the previous year. In annual variation, they jumped 19.5% last month, once morest an increase of 31.7% recorded in November 2021.
The trade surplus stood at 676.4 billion dollars for the whole year, and 94.46 billion in December, once morest 71.72 billion in November.