China Export Prices Rose 5 Percent in April

Chinese export prices rose 5 percent in April from a year earlier, the largest increase since April 2023, according to data released by China’s General Administration of Customs. The increase followed a surge in oil prices that raised costs for manufacturing inputs used in goods produced for export.

Export prices for mineral oil, including petroleum, increased 22 percent in April from a year earlier. Fertilizer export prices rose 17 percent over the same period. The data cover nearly 100 categories tracked in China’s export price Harmonized System 2-digit index. For several years before April, Chinese export prices had remained low as producers competed on price to sustain overseas sales.