China’s export growth accelerated sharply in June, rising 27% year-on-year to mark the fastest pace of expansion since 2021.
The figure significantly outpaced the 19.4% gain recorded in May and exceeded the 18.2% increase forecast by economists, underscoring a robust rebound in external demand.
The surge was primarily driven by a confluence of booming global demand for artificial intelligence hardware and a rush to ship goods ahead of potential new tariffs.
This front-running behavior, combined with strong orders for high-tech components, helped offset broader concerns about slowing global growth and trade fragmentation.
For markets, the data reinforces the view that China’s manufacturing sector remains resilient, supported by its dominance in AI supply chains and green technology.
The beat suggests that export-led growth continues to be a key pillar of the Chinese economy, even as domestic consumption faces headwinds.