China’s exports grew last month, according to figures released on Friday, and imports surged at their fastest pace in a decade, against the backdrop of an incipient global economic recovery from the pandemic.

With vaccination campaigns under way — particularly advanced in the United States, a key market — and the easing of health restrictions in many countries, demand for the Asian giant’s products is recovering after collapsing in 2020.

Sales of Chinese goods abroad posted a sharp year-on-year rise of 32.3% last month, driven above all by increased demand for electronics and face masks. The figure is far above the 24.1% analysts had forecast.

A year earlier in the same period, China’s exports plunged 17.2%, when the pandemic paralyzed much of the country.

On the import side, China recorded a 43.1% year-on-year increase in April, a rise explained by the low figure in the same period of 2020, which saw a 4% decline. It is the fastest pace of growth since 2011.

With the pandemic under control after a year of efforts in the Asian giant, Chinese consumers have returned to their spending habits.

As for the country’s trade surplus, it reached 42.85 billion dollars in April. A month earlier it stood at 13.8 billion dollars.

Source: Infobae