106959415 1634092129990 gettyimages 1235691836 Taicang Port Container Terminal scaled

China trade surplus with the U.S. rises to monthly record in September

Aerial photo of Taicang port container terminal, Suzhou City, Jiangsu Province in China, Oct. 4, 2021.
Finn | Barcroft Media | Getty Images

BEIJING — China reported disappointing growth in imports in September, while exports beat expectations, according to data released Wednesday by the customs agency.

Imports in U.S. dollar terms rose 17.6% last month from a year ago to $240 billion. That’s less than the 20% estimated by analysts polled by Reuters.

China’s exports in U.S. dollar terms surged 28.1% year-on-year in September to $305.74 billion, beating the 21% growth figure expected by the Reuters poll.

China’s trade surplus with the U.S. rose to $42 billion, as exports surged about 30% from a year ago, while imports climbed just under 17%. The U.S. remained China’s largest trade partner on a single-country basis.

Chinese imports from Australia surged about 50% year-on-year to $15.04 billion in September, while exports climbed nearly 24% year-on-year to about $6 billion.

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