China Customs is drip feeding the trade data out.
January -June (ie YTD), in US dollar terms:
trade surplus $435 billion exports +3.6% y/yimports +2.0% y/y
In Yuan terms:
trade surplus 3.1 trillion yuanexports +6.9% y/y imports +5.2% y/y
June only month data, USD terms:
trade balance USD 99.05bnimports -2.3% y/yexports +8.6% y/y
Exports, imports
China’s imports unexpectedly dropped. Exports Beat.
This article was written by Eamonn Sheridan at www.forexlive.com.