中国工业：走向全球-2025 年 6 月中国出口细分剖析-China Industrials_ Going global_ breakdown of China‘s exports (June 2025)

Summary of China's Exports (June 2025) Industry Overview - The report focuses on China's export performance across various industries, highlighting significant year-over-year (YoY) growth in specific sectors and regions. Key Points Export Growth Statistics - China's overall export value increased by 6% year-to-date (YTD) YoY as of June 2025 [8] - Notable YoY growth in specific goods: - Natural rubber: +450% - Aluminium ore: +243% - Electroplating machines: +155% [13] Sector Contributions - The sectors contributing most to YoY incremental exports in June included: - Low-value simplified exports/imports: +16% YoY - Semiconductors: +11% YoY - Other semiconductors: +9% YoY [19] Regional Export Performance - Exports to various regions showed mixed results: - Africa: +21% YoY - ASEAN: +13% YoY - Latin America: +7% YoY - Europe: +5% YoY - United States: -11% YoY [11] Declines in Specific Markets - Exports to the US and Mexico decreased by 16% and 13% YoY, respectively [3] - The healthcare and consumer sectors recorded the largest declines in exports to the US and Mexico [3] Sector-Specific Insights - Utilities was the only industry to record YoY growth in exports to both the US and Mexico [3] - In the EU, miscellaneous goods drove growth, while rare earth and tobacco saw an increasing share of exports [4] - Exports to ASEAN were driven by miscellaneous goods and autos, with battery materials and rare gas showing increased shares [5] Notable Sector Performance - The healthcare sector faced significant challenges, with pharmaceuticals experiencing a -52% decline in exports to the US [29] - The automotive sector showed varied performance, with passenger vehicles down -69% YoY in June [29] Incremental Export Value Breakdown - The top sectors contributing to incremental export value in June included: - Low-value simplified exports/imports: 16% - Semiconductors: 11% - Electrical equipment: 8% [19] Summary of Key Sectors - Technology: +11% YoY - Consumer: -2% YoY - Industrials: +13% YoY - Basic materials: +7% YoY - Utilities: +57% YoY [9] Conclusion - The report indicates a complex landscape for China's exports, with significant growth in certain sectors and regions, while others face substantial declines. The data suggests a need for strategic adjustments in response to changing global market dynamics.