China’s Dec Trade data (USD): Beats estimates across all indicators

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The China customs published Trade Balance for December in USD terms, reporting a widening trade surplus, as imports and exports rise more-than-expected.

In USD terms,

Trade Balance came in at +78.17B versus +72.35B expected and +75.40B previous.

Exports (YoY): +18.1% vs. +15.0% exp. and +21.1% last.

Imports (YoY): +6.5% vs. +5.0% exp. and +4.5% last.

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