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China’s August yuan terms exports +4.8% y/y (prior +8.0%) (+4.4% in USD terms) | investingLive

China’s August exports and imports both jump

Chinese Trade Balance USD terms (August 2025) 102.33bn

  • expected 99.2bn, prior 98.24bn

Imports YY (August) +1.3% in USD terms, missing expectations

  • expected +3.0%, prior +4.1%
  • China imported a record 12.3mn metric tons of soybeans in August

Exports YY (August) +4.4%

  • expected +5.0%, prior +7.2%
  • although export growth marched higher, it missed expectations
  • export growth the loest since February

Chinese Imports YY (CNY terms )(August) +1.7%

  • prior +4.8%

Exports YY (CNY)(August) +4.8%

  • prior +8.0%

YTD … China’s total goods imports and exports in yuan-denominated terms rose to 29.57 trillion yuan (US$4.14 trillion) in the first eight months of 2025, up 3.5% year-on-year, data released by the General Administration of Customs showed on Monday.

  • YTD trade surplus with the US is USD185.8bn
  • exports to the US -33% y/y in August

Analysis from Citi shows China container ship departures for the U.S. continued to fall

  • down 24.9% y/y in the 15 days ending September 3
  • 12.4% drop a week earlier