中国7月稀土出口环比下跌23%，结束6月创纪录高位的势头。7月大豆进口量创历史最高，煤炭进口量较6月触及的两年多低位回升，原油进口量连续第二个 月维持在高位。 8月7日周四，海关总署公布的数据显示，按人民币计，6月份，中国进口同比增长4.8%，连续两个月增长。6月出口同比增长8%。 在大宗商品出口中，中国7月稀土出口量较前月下滑23%，结束了6月创纪录高位的势头。钢铁出口7月再创新高，但是钢铁主要生产原料的铁矿石进口因价 格上涨而有所下降。 在大宗商品进口中，中国7月大豆进口量达到该月份历史最高水平，煤炭进口量较6月触及的两年多低位回升，原油进口量连续第二个月维持在高位。 7月份是今年第三个月度铁矿石进口量保持在1亿吨以上。此外，数据还显示，今年前七个月，中国铁矿石进口总量为6.966亿吨，同比下降2.3%。 大豆进口量创下该月份历史最高，煤炭进口环比回升，原油进口保持高位 大豆：海关总署数据显示，中国7月进口大豆1167万吨，同比增长18.5%，超出分析师预期的1048万吨。这一数字创下7月份进口量历史新高，主要得益于巴 西强劲的出口供应以及贸易不确定性。 大部分大豆预计将来自最大供应国巴西。有分析师指出， ...

Core Insights - In June, China's imports increased by 2.3% year-on-year, marking the first growth since February this year, while exports rose by 5.2%, reaching the second-highest monthly trade volume in history [1] - Notably, rare earth exports surged to 7,742.2 tons in June, a 32.4% month-on-month increase and a 60% year-on-year increase, reaching the highest level since 2009 [2] - Iron ore imports reached nearly 106 million tons in June, the highest level of the year, supported by strong steel exports [3] Import and Export Data - June saw significant increases in various commodities: - Soybean imports remained high at 12.26 million tons, up 10.35% year-on-year [3] - Crude oil imports approached 50 million tons, a three-month high, with a year-on-year increase of 7.39% [3] - Natural gas imports rose to 10.54 million tons, the highest since January, with a year-on-year increase of 1.14% [3] - Conversely, coal imports plummeted to 33 million tons, the lowest level since February 2023, reflecting a year-on-year decline of 25.93% [3][5] Trade Dynamics - The steel export volume for the second quarter exceeded market expectations, with finished steel exports reaching 30.7 million tons, an 11% year-on-year increase [2] - Despite the U.S. imposing tariffs on steel and aluminum, exports to Southeast Asia and the Middle East, particularly Saudi Arabia, have increased [2] - The overall import value of major commodities is significantly influenced by international price fluctuations, with crude oil, iron ore, and soybeans seeing price declines that affected overall import growth [7]

| | | | 中国5月主要出口大宗商品 | | | | --- | --- | --- | --- | --- | --- | | | 2025年5月份 | 2024年5月份 | 同比涨跌幅 | 环比涨跌幅 | 前5个月景 | | 水产品 (万吨) | 37.2 | 34.5 | 7.83% | 6.29% | 177.4 | | 稀土(吨) | 5,864.60 | 6,217.00 | -5.67% - | 22.57% | 24,827 | | 钢材(万吨) | 1,057.80 | 963.1 | 9.83% | 1.11% | 4,846. | | 未锻轧铝及铝材(万吨) | 54.7 | 56.5 | -3.19% | 5.60% | 243.0 | | 手机(万台) ◎ | 5.534.80 | 6.146.30 | -9.95% | -1.39% | 27.899 | | 集成电路(亿个) | 301.10 | 252.70 | 19.15% | -2.49% | 1,359. | | 『汽车 (万辆) | 69.50 | 56.9 | 22.14% | 12.10% | 285.3 | | ...