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Results for "Customs data"

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China's Exports Fall Sharply in March
Worldindex-hr4mo ago

China's Exports Fall Sharply in March

China's exports experienced a sharp decline in March, according to customs data released on Tuesday. This downturn signals the impact of the Middle East conflict and the lingering effects of last year's surge in shipments ahead of anticipated new US tariffs.

US$17 billion question: why China and South Africa are so far apart on trade data
BusinessSCMP5mo ago

US$17 billion question: why China and South Africa are so far apart on trade data

Whenever South African officials meet their Chinese counterparts to talk trade, the issue of the imbalance in China’s favour is almost certainly raised. But a discrepancy in the data from the two sides makes it hard to assess the trade gap. The latest Chinese customs data suggests that South Africa actually holds a surplus – exporting more to the world’s second-largest economy than it receives in return. According to the numbers from Beijing, China recorded US$30.58 billion in imports from So...

Businesspunch-ng3mo ago

Nigeria's Exports Surge in Q1 2026

Nigeria recorded a significant surge in exports during the first quarter of 2026, with new customs data showing a 38.68% rise in non-oil trade and strong revenue growth.

Bolstering oil stockpile, China’s import surge seen creating a 120-day shock shield
BusinessSCMP5mo ago

Bolstering oil stockpile, China’s import surge seen creating a 120-day shock shield

China’s surge in crude imports early this year has strengthened its stockpiles against a backdrop of rising Middle East tensions and global supply risks. China imported 96.93 million tonnes of crude in January and February, up 15.8 per cent from the same period in 2025, according to customs data released on Tuesday. The value of those imports, meanwhile, fell 5.2 per cent from last year in US dollar terms. “China was accumulating oil and gas stockpiles [earlier this year], with the market...