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commerce
shāng yè
商业
·HSK 3

China
Zhōngguó
中国
March
sānyuè
三月
imports
jìnkǒu
进口
to surge / to increase significantly
dà zēng
大增
exports
chūkǒu
出口
growth rate
zēng sù
增速
to fall to / to drop to
jiàng zhì
降至
six months
liù gè yuè
六个月
low point
dīdiǎn
低点

China
Zhōngguó
中国
the month of March
sān yuè fèn
三月份
imports
jìnkǒu
进口
year-on-year
tóngbǐ
同比
to grow / to increase
zēngzhǎng
增长
27.8 percent
27.8%
27.8%
to set (a record)
chuàng
in more than four years
sì nián duō lái
四年多来
highest growth margin
zuìgāo zēngfú
最高增幅
exports
chūkǒu
出口
growth rate
zēng sù
增速
only / amounting to just
jǐn wéi
仅为
2.5 percent
2.5%
2.5%
far below
yuǎn dīyú
远低于
analysts
fēnxī shī
分析师
forecast / expectation
yùqī
预期
first quarter
yī jìdù
一季度
China
Zhōngguó
中国
foreign trade
wàimào
外贸
total value
zǒng zhí
总值
to reach
11.84 trillion yuan
11.84 wànyì yuán
11.84万亿元
Chinese yuan (RMB)
rénmínbì
人民币
year-on-year
tóngbǐ
同比
to grow
zēngzhǎng
增长
15 percent
15%
15%

April 15, 2026 at 3:00 AM

China
Zhōngguó
中国
General Administration of Customs
Hǎiguān Zǒngshǔ
海关总署
to release / to publish
gōngbù
公布
data / figures
shùjù
数据
the month of March
sān yuè fèn
三月份
imports
jìnkǒu
进口
year-on-year
tóngbǐ
同比
to grow
zēngzhǎng
增长
27.8 percent
27.8%
27.8%
to set (a record)
chuàng
in more than four years
sì nián duō lái
四年多来
highest growth margin
zuìgāo zēngfú
最高增幅
the month of March
sān yuè fèn
三月份
exports
chūkǒu
出口
year-on-year
tóngbǐ
同比
only / just
zhǐ
to grow
zēngzhǎng
增长
2.5 percent
2.5%
2.5%
far below
yuǎn dīyú
远低于
analysts
fēnxī shī
分析师
forecast / prediction
yùcè
预测
(structural particle)
de
8.6 percent
8.6%
8.6%
to fall to
jiàng zhì
降至
six months
liù gè yuè
六个月
low point
dīdiǎn
低点
Middle East
Zhōngdōng
中东
situation / conditions
júshì
局势
tense / strained
jǐnzhāng
紧张
has affected / has impacted
yǐngxiǎng le
影响了
global / worldwide
quánqiú
全球
demand
xūqiú
需求
this
zhè
is
shì
exports
chūkǒu
出口
growth rate
zēng sù
增速
to slow down
fànghuǎn
放缓
(structural particle)
de
one of the reasons
yuányīn zhī yī
原因之一
first quarter
yī jìdù
一季度
China
Zhōngguó
中国
foreign trade
wàimào
外贸
total value
zǒng zhí
总值
to reach
11.84 trillion yuan
11.84 wànyì yuán
11.84万亿元
Chinese yuan (RMB)
rénmínbì
人民币
year-on-year
tóngbǐ
同比
to grow
zēngzhǎng
增长
15 percent
15%
15%
among which / of which
qízhōng
其中
exports
chūkǒu
出口
to grow
zēngzhǎng
增长
11.9 percent
11.9%
11.9%
imports
jìnkǒu
进口
to grow
zēngzhǎng
增长
19.6 percent
19.6%
19.6%
imports
jìnkǒu
进口
growth rate
zēng sù
增速
clearly / noticeably
míngxiǎn
明显
higher than
gāoyú
高于
exports
chūkǒu
出口
China
Zhōngguó
中国
toward / to
duì
United States
Měiguó
美国
(structural particle)
de
exports
chūkǒu
出口
in March
sān yuè fèn
三月份
year-on-year
tóngbǐ
同比
to decline / to fall
xiàjiàng
下降
26.5 percent
26.5%
26.5%
affected by
shòu
China-US
Zhōng-Měi
中美
trade
màoyì
贸易
tensions
jǐnzhāng júshì
紧张局势
impact / influence
yǐngxiǎng
影响

New Words

Zhōngguó
中国
China
hǎiguān
海关
customs
jìnkǒu
进口
imports
chūkǒu
出口
exports
zēngzhǎng
增长
to grow/growth
yī jìdù
一季度
first quarter
wàimào
外贸
foreign trade
màoyì
贸易
trade
jǐnzhāng júshì
紧张局势
tensions

News in English

Business

China 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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