ANKARA: China's imports unexpectedly dropped compared to a year ago in June in US dollar terms, according to customs data released on Friday. Chinese imports decreased 2.3% year-on-year to $209 billion in June, bucking expectations of a 2.8% hike for the month, data from the General Administration of Customs showed. Its exports for June, on the other hand, grew 8.6% annually to nearly a two-year high of $308 billion, better than the market forecast of an 8% increase. So, the trade surplus rose to $99 billion in June, up from $69.8 billion in the same period last year. Among trading partners, shipments went up to the US by 6.6%, Japan by 0.9%, South Korea by 4.1%, Taiwan by 27.6%, and Australia by 1.2%. In the first half of 2024, imports and exports climbed 2% and 3.6%, respectively, from a year earlier. Source: Anadolu Agency
China’s imports unexpectedly drop in June
News For
RECENT POSTS
Geadi Demands Equal Treatment for Cypriot MEPs at EU-Turkey Meeting
October 20, 2026
Cyprus-Greece-Israel Electricity Project Completion Delayed to 2031
October 20, 2026
EU Parliament Approves Enhanced Passenger Rights Regulations
October 20, 2026
Cyprus Showcases FinTech Potential at US Blockchain Summit
October 20, 2026
Cyprus and France Formalize Cultural Cooperation Agreement
October 20, 2026