China: Trade in RMB (YoY) - Total Import Values

Macro

2026-07-14

Description

-

Published by
General AdministRation of Customs of the People's Republic of Ch
Frequency
Monthly
Next Update

AI Data Insight

The latest Q2 2026 data shows that the year-on-year growth rate of China's total yuan-denominated imports surged to 29.4%, a substantial expansion from the previous 21.5%. This growth rate far exceeded market expectations, primarily driven by robust demand for mechanical and electrical products as well as bulk commodities. In the short term, the recovery of domestic demand is expected to support import momentum, but vigilance is still required in the medium term regarding global supply chain and trade barrier risks.

AI Data Insight

The latest Q2 2026 data shows that the year-on-year growth rate of China's total yuan-denominated imports surged to 29.4%, a substantial expansion from the previous 21.5%. This growth rate far exceeded market expectations, primarily driven by robust demand for mechanical and electrical products as well as bulk commodities. In the short term, the recovery of domestic demand is expected to support import momentum, but vigilance is still required in the medium term regarding global supply chain and trade barrier risks.

Description

-

Published by
General AdministRation of Customs of the People's Republic of Ch
Frequency
Monthly
Next Update