China Records Strong Rise in Exports Supported by Trade Truce with Washington
China’s exports rose by 5.8 percent year-on-year in June, reaching $325.2 billion, according to the General Administration of Customs, announced on Monday, July 14. This performance exceeded market expectations, which anticipated an increase of only 3.6 percent.
This growth is attributed to an acceleration in shipments from Chinese exporters during a 90-day trade truce reached in mid-May in Geneva between China and the United States.
The increase in exports comes amidst a climate of easing tensions between Beijing and Washington, following a new round of negotiations held last month in London that resulted in a mutual agreement to ease export restrictions between the two countries.
Chinese imports also showed improvement, rising by 1.1 percent in June compared to the same month last year, after a decline of 3.4 percent in May. The trade surplus for the month stood at $114.8 billion.
For the first half of 2025, China’s exports recorded a 5.9 percent increase, reaching $1.8 trillion, while imports fell by 3.9 percent to just over $1.2 trillion.
During a press conference, Wang Lingjun, deputy director of the General Administration of Customs, praised the “strong resilience” of the Chinese foreign trade sector in the face of protectionism. He confirmed that Beijing and Washington are working to implement the commitments arising from the London agreement, while a new round of talks is expected in early August, coinciding with the end of the trade truce, as confirmed by U.S. Commerce Secretary Howard Lutnick.