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China customs: China’s June export growth to US slows sharply

According to the latest data published by China customs, the country’s customs agency, China’s exports growth to the United States in June eased sharply.

Key Details (via Reuters):

“China’s exports to the United States in June rose 3.8 percent from a year earlier in Yuan terms, 23.8 percentage points lower than the growth rate seen a year earlier.

For the first half of this year, customs said China’s exports to the United States rose 5.4 percent from a year earlier compared with 19.3 percent for same period in 2017.”

China is scheduled to publish preliminary June trade data on July 13th.

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