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China’s Exports, Imports Fall in June

By Guo Yingzhe / Jul 12, 2019 04:15 PM / Economy

Photo: VCG

Photo: VCG

China’s exports of goods fell 1.3% year-on-year in June, official data showed Friday, down from a 1.1% increase in the month before but higher than the median forecast of a 1.4% slide from economists polled by Bloomberg.

Imports declined 7.3% year-on-year last month, data from the General Administration of Customs showed, compared with an 8.5% drop in the previous month. Economists had forecasted a median decrease of 4.6%.

China’s trade surplus widened further to $51 billion in June, up from $41.7 billion in the month before.

Contact reporter Guo Yingzhe (yingzheguo@caixin.com)

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