ChinaZhōngguó中国Marchsānyuè三月importsjìnkǒu进口to surge / to increase significantlydà zēng大增，exportschūkǒu出口growth ratezēng sù增速to fall to / to drop tojiàng zhì降至six monthsliù gè yuè六个月low pointdīdiǎn低点。
April 15, 2026 at 3:00 AM
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BusinessChina March Imports Surge 27.8 Percent While Export Growth Hits Six-Month Low
China imports surged 27.8 percent year-on-year in March, the strongest growth in more than four years, while export growth slowed to just 2.5 percent, well below forecasts. In the first quarter of 2026, total trade reached 11.84 trillion yuan, up 15 percent year-on-year.
China's General Administration of Customs released data showing that March imports surged 27.8 percent year-on-year, marking the highest growth rate in over four years. In stark contrast, exports grew only 2.5 percent, far below the 8.6 percent forecast by analysts and declining to a six-month low.
The pronounced divergence between import and export growth reflects Middle East tensions' impact on global demand. The escalating geopolitical situation has dampened international purchasing power. During the first quarter, China's total foreign trade reached 11.84 trillion yuan, representing a 15 percent year-on-year increase. Exports grew 11.9 percent while imports surged 19.6 percent, with import growth notably outpacing export growth.
Notably, China's exports to the United States declined 26.5 percent year-on-year in March, severely impacted by ongoing US-China trade tensions and the strained bilateral relationship.
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