Chine Exports YoY

Exports from China increased by 5.8% year-on-year to USD 325.2 billion in June 2025, slightly above expectations of a 5.0% rise and accelerating from 4.8% growth in May. The uptick in export growth came amid a temporary easing of tariff pressures ahead of the August deadline. Notably, rare-earth exports surged 32% mom, potentially reflecting progress from agreements reached in June to ease restrictions and restore global supply. The US and China signed a series of accords last month aimed at reopening rare-earth trade, after Chinese export controls imposed in April—during the peak of trade tensions—disrupted global supply chains and forced shutdowns at some auto factories. By destination, exports grew to Japan (6.6% yoy), Taiwan (3.4%), and the EU (7.6%), while falling to the US (-16.1%). For the first half of 2025, China’s exports rose by 5.9% yoy, totaling USD 1.81 trillion. During this period, shipments grew for agricultural products (1.8%), fertilizer (25.9%), and textiles (1.8%).