FX.co ★ China Export Growth Slows Below Forecasts

China’s exports rose 2.5% year-on-year to USD 321.03 billion in March 2026, a sharp deceleration from the 21.8% surge recorded over January–February and well below market expectations of 8.3%. This was the weakest export growth since October, when overseas shipments fell 1.3%. The slowdown reflected the drag from heightened global uncertainty following the energy shock caused by Iran’s closure of the Strait of Hormuz, which offset strong AI-driven demand.