China’s May exports surge 19.4% year‑on‑year despite Iran conflict

China reported a sharp rise in export volumes for May 2024. Official data show a 19.4% increase compared with the same month a year earlier. The growth comes amid ongoing tensions involving Iran. Analysts note that the Iran war had been expected to dampen trade. However, export growth suggests resilience in China’s supply chains. Key export categories such as electronics and machinery led the gains. The increase may bolster China’s trade balance for the quarter. Observers will watch whether the trend continues into the summer months.