China’s exports picked up pace in May, rising 19.4 per cent from a year earlier, its customs agency said on Tuesday, as shipments remained robust despite impacts from the Iran war.
The stronger than expected performance was an improvement from April’s 14.1 per cent year-on-year increase.
Exports have remained robust despite the war, supported by shipments of autos and technology and artificial intelligence-related products such as semiconductors.
Imports in May jumped 27.4 per cent, also at a faster pace compared with April’s 25.3 per cent year-on-year expansion.
