Topic
trade surplus
China's Exports Surge 27% in June on AI Boom, Trade Surplus Widens to $125.6 Billion
China's exports surged 27% year-on-year in June, far exceeding expectations, driven by booming AI-related product and semiconductor demand, according to customs data. Imports rose 36%, partly due to higher costs from the Iran conflict, widening the trade surplus to $125.6 billion from $105.4 billion in May.
India Posts $7.1 Billion Current Account Surplus in Q4 FY26 as Services Exports and Remittances Surge
India posted a current account surplus of $7.1 billion (0.7% of GDP) in Q4 FY26, supported by higher services exports and remittances, according to RBI data. The merchandise trade deficit widened to $83.4 billion, but net services receipts rose to $60.4 billion. For the full year, the current account deficit widened to $25.2 billion. Net FDI inflows improved to $4.2 billion in the quarter, while FPIs recorded net inflows of $12 billion.