Chinese exports contracted year-on-year in June by the most since March 2020, with export volumes falling to a 6-month low. And with the global downturn in goods demand continuing to weigh on exports, we think exports will decline further for now before bottoming out towards the end of the year. In contrast, import volumes were little changed last month after reaching a 23-month high in May, and we expect them to pick up in the coming months.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services