China exports rise 8.6% in June as global demand picks up

Growth in overseas shipments jumps to highest level in 15 months

20240712 A freight train carrying cars

A freight train carrying cars to be exported arrives at a dock in Yantai in eastern China's Shandong province, on March 3.  © AP

GRACE LI, Nikkei staff writer

HONG KONG -- China's exports expanded for the third straight month in June, bolstered by a recovery in global manufacturing and the front-loading of orders ahead of tariff increases by some of its trading partners.

Overseas shipments jumped 8.6% on the year in dollar terms, the biggest percentage gain since March 2023, according to Chinese customs data released Friday. The rise, which came from a low base last year, was higher than the 8.0% forecast by economists in a Reuters poll.

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