Skip to content

China manufacturing

China's September exports jump 36.3% as factory-gate prices rise 5%

China's exports rose 36.3% in September to a record $447.18 billion, helped by a rush before Golden Week. Producer prices rose 5.0% year on year, led by mining and metals, while wood processing prices fell.

China manufacturing

Customs data released on 14 October showed exports up 36.3% in dollar terms, well above forecasts of around 25%. Exports to the EU rose 25.3% and to the US 39.6%. The South China Morning Post linked the strength to global tech demand and a shipping rush before the Golden Week break.

The NBS said producer prices rose 5.0% on a year earlier and 1.2% on the month. Industrial purchase prices rose 6.9%, and mining and quarrying prices were up 25.4%.

The rises were uneven. Smelting and pressing of non-ferrous metals rose 21.4%, while ferrous metals smelting fell 0.2%. Prices for processing timber, bamboo, rattan and similar products fell 1.7%. Rubber and plastic products rose 2.0% and textiles 2.2%.

Sources

A summary of the public sources above, checked when it was published. General information, not legal, tax or financial advice.

All news

You're not on your own. We chase it for you.

Portside chases your factory, forwarder and the port, and shows every container move through eight clear stages. If you're planning your first container, we're happy to talk it through.