# CNY: Export strength underpins currency – Commerzbank

> Commerzbank says February exports rose nearly 40% year-on-year, leaving the 12-month trade surplus at about 6.2% of GDP. The slight yuan appreciation against the dollar and euro did not dent export performance, with exports to the EU up 27% while exports to the US fell 11%.

- Date: 2026-03-10 · published 2026-03-10T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/11470-cny-export-strength-underpins-currency-commerzbank
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Strong export performance despite yuan gains shows the currency is not curbing China's trade momentum, which supports steady import demand. Shifts in export destinations could alter China's trade flows with the US.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-08-22 | [China’s global currency aspirations are falling fast](https://feedsoft.ai/events/10043-china-s-global-currency-aspirations-are-falling-fast.md) | -0.6% | +0.0% |
| USDCNY | 2019-09-01 | [Yuan fall: Why is China's currency getting weaker?](https://feedsoft.ai/events/57797-yuan-fall-why-is-china-s-currency-getting-weaker.md) | -0.5% | -0.1% |
| USDCNY | 2022-11-07 | [Chinese Yuan Weakens Amid Contracting Exports, Imports on Struggling Demand](https://feedsoft.ai/events/6251-chinese-yuan-weakens-amid-contracting-exports-imports-on-struggling-demand.md) | -3.1% | -4.2% |
| USDCNY | 2026-03-11 | [China’s Yuan Gets A Lift From Strong Exports - Finimize](https://feedsoft.ai/events/11468-china-s-yuan-gets-a-lift-from-strong-exports-finimize.md) | +0.1% | -0.3% |
| USDCNY | 2018-05-02 | [China is weakening its currency before US trade talks begin](https://feedsoft.ai/events/65234-china-is-weakening-its-currency-before-us-trade-talks-begin.md) | +0.6% | +1.3% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/cny-export-strength-underpins-currency-commerzbank-202603100630

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.