• 2 hours Trump Tweet Sends Oil Soaring 25%
  • 19 hours Why The Coronavirus Economic Crash Is Worse Than You Think
  • 1 day Is A Global Currency Necessary?
  • 2 days America Has Shed 500,000 Millionaires Since The Coronavirus Lockdown Began
  • 2 days Trump Wants Another $2 Trillion Economic Intervention
  • 3 days The Surprising Businesses Deemed “Essential” During The Coronavirus Lockdown
  • 3 days Priceless Van Gogh "Spring Garden" Painting Stolen
  • 3 days Oil Falls To $20 For First Time In Nearly Two Decades
  • 3 days COVID-19 Could Be The End Of U.S. Coal
  • 4 days How Much Does Your Social Security Number Cost? $4 On The Dark Web
  • 5 days Silver Stocks Have Been Decimated In The Coronavirus Sell-Off
  • 6 days How Blockchain Tech Could Make Mergers And Acquisitions More Efficient
  • 6 days America’s Shortage Of This Metal Keeps Trump Up At Night
  • 7 days Bidet Bonanza: Defying The Toilet Paper Shortage
  • 7 days U.S. Auto Sales Fall By 75%
  • 8 days Violating Quarantine? Big Brother Is Watching
  • 8 days Does Gold Still Have Some Room To Run?
  • 8 days Major Acquisition Gives The World’s First Green Ride-Share Another Edge
  • 9 days U.S. Pushes For Digital Currency For Immediate Stimulus
  • 9 days The Impossible Challenges Created By Growing Population
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Explaining China’s “Import Surge” in Seven Pictures

As a follow-up to China Exports, Imports Soar: Global Trade Outlook Improving? let’s investigate China’s “Import Surge” with a series of pictures.

China Imports and Exports Year-Over-Year


(Click to enlarge)

The above from ZeroHedge China Trade Data Beats As Crude Demand Surges (Ahead Of Maintenance)

Crude Monthly Year-Over-Year Price Rise Percent

(Click to enlarge)

Crude Monthly Year-Over-Year Dollar Increase

(Click to enlarge)

US Trade in Goods and Services

(Click to enlarge)

US Trade in Goods and Services Moving Average

(Click to enlarge)

US Trade Deficit by Country Through April

(Click to enlarge)

US Trade with China 2017 vs 2016

(Click to enlarge)

The idea that global trade is improving is largely a commodity-induced fantasy related primarily to the price of oil.

By Mike “Mish” Shedlock

Back to homepage

Leave a comment

Leave a comment