Analysts in a Reuters poll had expected exports to shrink 3.5% after a 0.3% loss in October due to cooling global demand. Imports were forecast to have contracted by an even larger 6.0% from a 0.7% fall in October, hurt by sluggish consumption at home amid widespread COVID-19 restrictions and a protracted property slump.

China posted a trade surplus of $69.84 billion in November, compared with a forecast $78.1 billion surplus in the poll and a $85.15 billion surplus in October.

(Reporting by Ellen Zhang and Ryan Woo; Editing by Shri Navaratnam)