中国7月出口增速从6月的27%放缓至24%[1],尽管增速有所回落,但仍超出市场预期[1]。高科技电子产品和电动汽车的强劲需求继续支撑中国的出口表现[1]。其中,高科技商品出口在今年前七个月同比增长41%[1],车辆出口(包括电动汽车)同比增长55%[1]。
贸易顺差方面,7月贸易顺差从6月的1256亿美元下降至1125亿美元[1]。进口增速则从6月的36%降至27.5%[1]。其中原油进口量下跌13.2%,天然气进口量下滑3%[1]。从地区看,中国对欧盟的出口在今年前七个月增长17%[1],对东南亚的出口增长25%[1];中美贸易方面,中国出口到美国增速仅为2.6%[1],自美进口增速为1.4%[1]。
China's export growth decelerated to 24% year-over-year in July, down from 27% in June, though the pace remained stronger than anticipated [1]. The moderation was partially offset by continued strength in high-technology goods, which saw cumulative growth of 41% during the first seven months of the year [1]. Vehicle exports, including electric vehicles, surged 55% year-over-year during the same period [1].
The country's trade surplus contracted to $112.5 billion in July from $125.6 billion in June [1]. Import growth also cooled, rising 27.5% year-over-year compared to 36% in the previous month [1]. Energy imports weakened notably, with crude oil imports declining 13.2% and natural gas imports falling 3% [1]. Despite the monthly slowdown, China's trade surplus reached approximately $1.2 trillion in 2025, marking a historical high [1].
Regional trade patterns showed varied momentum during the first seven months of the year, with exports to the European Union increasing 17% while Southeast Asian shipments rose 25% [1]. Trade with the United States remained subdued, as Chinese exports to America grew just 2.6% year-over-year, while imports from the United States increased 1.4% [1].