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
Europe’s Technology Gap Linked to Investment Inertia, Says Deputy Minister
September 29, 2026
Cyprus Health Minister to Attend EU Health Ministers Meeting in Dublin
September 29, 2026
Weather Forecast for Cyprus Coastal Waters
September 29, 2026
Cyprus Achieves Lowest Rate of Overcrowded Housing for Young People in EU
September 29, 2026
July Sees 1.5% Annual Rise in Industrial Production in Cyprus
September 29, 2026
Cyprus Weather Update: Sea Area Forecast Reveals Fine Conditions
September 29, 2026
CITEA and Invest Cyprus Forge Partnership to Boost Tech Sector
September 29, 2026
Cyprus Alcohol Consumption Below EU Average
September 28, 2026
Cyprus Alcohol Consumption Below EU Average
September 28, 2026