Asian exports rebound on broad demand recovery

Advertisement

Goldman with the note:

Bottom line:

Exports in three Asian economies of which trade data are released early (mainland China, Korea and Taiwan) rebounded 3.6% mom sa in August in nominal USD terms, each above respective consensus expectations. Sequential gains were led by a strong turnaround in non-tech exports, helped by robust demand globally, especially in DMs. Imports also gained above expectations to 2.3% mom sa and the trade balance moderated slightly.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.