Exports from China surged 32.2 percent year-on-year to USD 281.42 billion in June 2021, above market consensus of 23.1 percent and after a 27.9 percent gain in May. This was the twelfth straight month of growth in outbound shipments, as high commodity prices and solid foreign demand offset local COVID-19 outbreak, and logistic bottlenecks including the temporary Shenzhen port closure. Sales increased for refined oil products (66 percent); unwrought aluminium and products (29.8 percent); and steel (74.5 percent) but fell for grains (-20.5 percent). Export growth to the US slowed to 17.8 percent in June, while rising sharply to Hong Kong, Japan and South Korea. source: General Administration of Customs
Exports in China averaged 712.58 USD HML from 1981 until 2021, reaching an all time high of 2818.32 USD HML in December of 2020 and a record low of 12.50 USD HML in February of 1983. This page provides - China Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Exports - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Exports in China is expected to be 2550.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in China to stand at 3200.00 in 12 months time. In the long-term, the China Exports is projected to trend around 3210.00 USD HML in 2022 and 3300.00 USD HML in 2023, according to our econometric models.