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China’s exports in March rose 30.6% over the same period last year, forecast to lag, imports grew better than expected by 38.1%.

BEIJING (Reuters) – China’s exports in March rose 30.6% from a year earlier, lower than expected but still showing strong growth, while imports grew faster than expected. 38.1%, customs data showed Tuesday.

Analysts in a Reuters poll forecasted annual export growth of 35.5 percent after shipments rose 154.9 percent in February.

Imports are estimated to have grown 23.3% year-on-year, up from a 17.3% increase in February.

China posted a trade surplus of $ 13.8 billion in March, compared with the poll’s forecast of a surplus of $ 52.05 billion and a surplus of $ 37.88 billion in February.

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