China's foreign trade growth in July hits year-to-date high

China's total import and export of goods rose by 6.7% year-on-year to 3.91 trillion yuan (544 billion US dollars) in July 2025, 1.5 percentage points faster than in June, recording the highest growth rate so far this year, according to the General Administration of Customs.

In July, exports jumped by 8% YoY to 2.31 trillion yuan (322 billion US dollars), while imports increased by 4.8% YoY to 1.6 trillion yuan (223 trillion US dollars), marking the second consecutive month of growth. During the month, China's imports of key raw materials such as metal ores and crude oil saw notable year-on-year increases, reflecting stronger domestic production and economic activity.

In the first seven months, China's total goods trade reached 25.7 trillion yuan (3.58 trillion US dollars), up by 3.5% YoY, including exports of 15.31 trillion yuan (2.13 trillion US dollars), up by 7.3% YoY, and imports of 10.39 trillion yuan (1.45 trillion US dollars), down by 1.6% YoY, but with the decline narrowing by 1.1 percentage points compared with the first half of the year.