China’s exports fell in June, particularly as tariff increases from the United States came into effect. Imports also continued to weaken amid declining domestic demand.
In June, exports fell by 1.3 percent year-on-year to $212.8 billion. Imports also continue to slump, falling 7.3 percent in June to $161.8 billion according to data published by General Administration of Customs in China on Friday. This followed an 8.5 percent decline in May.
Over the first half of 2019, China’s exports grew 0.1 percent in U.S. dollar terms, down from 12.8 percent during the same period last year, according to official data. Imports were down 4.3 percent from January to June, compared to growth of 19.9 percent last year.