China’s June trade data (USD): Exports & imports climb, beat estimates

Dhwani Mehta FXStreet

The China customs published trade balance for June in USD terms, reporting a wider-than expected trade surplus, with both exports and imports bettering expectations.

In USD terms,

Trade Balance (USD) June came in at 42.77B surplus versus 42.60B exp and 40.79B previous.

Exports (YoY) June: +11.3% (est. +8.9% and 8.7% last)

Imports (YoY) June: +17.2% (est. +14.5% and 14.8% last)

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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