Business
Chinese exports surge 27% in June, beating expectations amid AI chip demand and pre-tariff rush
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Chinese exports surge 27% in June, beating expectations amid AI chip demand and pre-tariff rush
China's export growth accelerated to 27% year-on-year in June, surpassing forecasts, as strong demand for AI semiconductors and accelerated shipments to the US boosted trade.
- Chinese exports rose 27% year-on-year in June to $43.5 billion, exceeding the 18.2% forecast and May's 19.4% growth.
- Imports jumped 36% year-on-year, the highest in five years, also beating the 24% forecast.
- Shipments to the United States increased 13.9% to $43.5 billion, narrowing China's trade surplus with the US to $28.9 billion.
- China's total trade surplus reached $126 billion in June, up from $105 billion in May, with the EU surplus at $32.9 billion.
Latest developments
- China's monthly car exports surpassed 1 million units for the first time in June.
- The trade surplus with the European Union reached €900 million per day in the first half of 2026, raising the risk of new tariffs.
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