China's exports surge 36.3% y/y in September, imports up 31%

China's exports in September climbed 36.3 per cent year on year when measured in US dollars, according to customs data released Wednesday and reported by Business Recorder. The increase far exceeded expectations. Imports also rose, increasing 31 per cent over the same period.

A Reuters poll of economists had forecast export growth of 25.5 per cent year on year, compared with the 25 per cent expansion recorded in August. The reported figure therefore came in well above that projection. Import growth ran at a slower pace than export growth in the same month. The data offers a read on the pace of China's trade activity, though the report does not name any PSX-listed company.