China trade data for July 2024

Yuan terms:

Exports +6.5% y/y

  • prior +10.7%

Imports +6.5% y/y

  • prior -0.6%

Trade Balance +600bn yuan

  • prior +703.7bn

---

In terms of US dollars:

Trade Balance USD 84.65bn

  • expected 99.0bn, prior 99.05bn

Imports +7.2% y/y

  • expected +3.5%, prior -2.3%

Exports +7.0 y/y

  • expected +9.7%, prior +8.6%

--