
China Export Surge: China’s exports in June were much better than estimated in June due to temporary discounts from American tariffs and strong shipments in non -US markets. According to customs data, China’s exports increased by 5.8 percent in June by US dollars. While the Reuters had estimated the increase in export to 5 percent. Not only exports, imports have also increased by 1.1 % compared to the last one year.
Exported for America reduced
However, this is the third consecutive month when China’s exports for America have declined. China’s exports to the US decreased by 16.1 percent in June. However, after the tariff was banned, this decline was less than the previous month. In May, there was a decline of 34 percent in exports and 18 percent in imports. Whereas in June, there has been a decline of 15.5 percent in imports.
Export in export for these countries
China’s exports to the US have decreased, but according to CNBC, China’s exports to Southeast Asian countries have increased by 16.8 percent and exports to European union countries by 7.6 percent compared to last year. However, there has been a slight increase of 0.08 % and 0.41 percent in imports from these places respectively. China was also far ahead in steel exports during this period. In June, China’s steel exports increased by more than 10 percent to 97 lakh tonnes. According to the wind information, the total steel exports in the second quarter increased to 307 lakh tonnes, which is a record high level.
Rare Earth’s shipment also gained momentum
Export of rare economy from China in June has also increased by 32 percent over the previous month. After the US imposition of heavy tariffs in April, when China also banned the shipment of Rare Earth Magnets, many factories in the US came to light. Then in June, there were many agreements between the two countries for their supply. In June, China exported 7,742.2 metric tonnes of meaning as against 5,864.6 metric tonnes of May. In the first half of 2025, China exported 32,569.2 tonnes of rare meaning, compared to 29,095.2 tonnes during the same time.
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