China June Yuan-denominated: Exports +20.2% y/y, Imports +24.2%

China trade data for June 2021, a trade surplus of 332.8bn yuan (vs. 296bn previous month)

• Imports (CNY terms) +24.2% y/y (vs. preior +39.5%)
• Exports +20.2% y/y (prior +18.1%)

USD terms, surplus of 51.53bn USD vs. prior 45.5bn USD

• Imports +36.7% y/y (previous was +51.1%)
• Exports +32.2% y/y (prior. +27.9%)

China's trade surplus with the US in June was USD 32.58bn vs. 31.78bn in May.