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China’s imports surge in March as exports soften amid Hormuz blockade

Exports figures fell short of predictions rising by 2.5%, while imports grew by 27.8% as conflict in Middle East causes global disruption

1-MIN READ1-MIN ListenMia Nurmamatin Hong KongandXinyi Wuin BeijingPublished: 11:04am, 14 Apr 2026Updated: 11:05am, 14 Apr 2026China’s export growth softened in March as disruptions in the Strait of Hormuz drove up transport costs and energy prices, a trend which also led imports to rise considerably.Exports rose 2.5 per cent year on year to US$321.03 billion in March, according to data released by China’s General Administration of Customs on Tuesday.The reading fell short of the 4 per cent growth forecast by economists polled by the financial data provider Wind.

Imports grew by 27.8 per cent to US$269.9 billion over the same period, surpassing the Wind poll’s 5.62 per cent growth projection, leading to a monthly trade surplus of US$51.1 billion.

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