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June Chinese exports down 11 per cent

For June 2016 the total value of exports of goods from China fell by 11.5 per cent. Re-exports decreased by 14.9 per cent.

The value of domestic exports increased by 8.2 per cent. For the first half of 2016, total exports of goods fell by 6.5 per cent. Re-exports and domestic exports decreased by 5.7 per cent and 10.4 per cent.

Exports to mainland China rose by 4.1 per cent. Exports to Hong Kong decreased by 11.1 per cent. Exports to the European Union and the US decreased by 29.4 per cent and 22.7 per cent. Non-textile exports fell by 6.5 per cent. Exports of watches and equipment and parts decreased by 32.5 per cent and 21.7 per cent. Exports of electronic components increased by 46.2 per cent. Textile and garment exports were down 6.4 per cent.

Imports from mainland China and the EU dropped by 21.6 per cent and 17.8 per cent. Imports of consumer goods fell 16.9 per cent, of which watch imports and passenger car and motorcycle imports decreased by 41.6 per cent and 56.7 per cent.

The value of imports of mobile phones and construction materials fell 16.9 per cent and 47.6 per cent in the first half of 2016.

 
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