Trade Surplus and Export Growth - The trade surplus in June rose significantly to $99.05 billion, well above the average of $69.01 billion from June 2023 to May 2024[4] - In June, exports increased by 8.60% year-on-year, while imports decreased by 2.30% year-on-year[18] Export Composition and Regional Performance - From January to June, the cumulative year-on-year growth of electromechanical product exports was 4.90%, accounting for 58.9% of total exports[5] - High-tech product exports grew by 3.10%, making up 24.1% of total exports[5] - Exports to the US and South Korea accelerated, with growth rates of 6.60% and 4.11% respectively, while exports to the EU and Japan turned positive[34] Future Outlook and Risks - China's export growth is expected to continue benefiting from structural advantages, but further acceleration will depend on the global monetary policy shift, particularly the Federal Reserve's confirmation of interest rate cuts[7][8] - Risks include potential delays in the Federal Reserve's rate cuts, which could impact global trade dynamics[9][43]
6月贸易数据分析：出口对欧日转正但对东盟回落
Yong Xing Zheng Quan·2024-07-15 13:00