In USD terms, China’s total trade rose 34.2% yoy to USD 511.3B in June. Exports rose 32.2% yoy to USD 281.4B, versus expectation of 23.1% yoy. Imports rose 36.7% yoy to USD 229.9B, versus expectation of 30.0% yoy. Trade surplus widened to USD 51.5B, above expectation of USD 44.4B.
Year-to-June, total trade with EU rose 37.0% yoy to USD 388.2B. Exports to EU rose 35.9% yoy to USD 233.0B. Imports from EU rose 38.8% yoy to USD 155.2B. Trade surplus came in at USD 78B.
Year-to-June, total trade with US rose 45.7% yoy to USD 340.8B. Exports to US rose 42.6% yoy to 252.9B. Imports from US rose 55.5% yoy to USD 87.9B. Trade surplus came in at USD 165B.
Year-to-June, total trade with Australia rose 35.0% yoy to USD 107.4B. Exports to AU rose 30.0% yoy to 29.7B. Imports from AU rose 37.0% yoy to AUD 77.7B. Trade deficit came in at USD -48B.
