KEY POINTS
  • China's overall trade surplus posted a big miss in April, coming in at $13.84 billion, customs data showed. That was far lower than the $35 billion economists polled by Reuters had expected.
  • Dollar-denominated exports also missed expectations in April, falling 2.7% from a year ago.
  • However, April imports unexpectedly rose by 4% from a year ago.

China posted a big miss in its overall trade surplus for April, as exports unexpectedly fell and imports surprisingly rose.

The numbers came on Wednesday as the trade impasse between the U.S. and China continues to drag on.