China’s July Export Growth Slows to 17.8% YoY in CNY Terms

BitcoinWorld China’s July Export Growth Slows to 17.8% YoY in CNY Terms China’s exports, measured in yuan (CNY), grew 17.8% year-on-year in July, down from 20.8% in June, according to official customs data released on August 7, 2026.

The slowdown signals a cooling in external demand as global economic headwinds intensify. What the July Trade Data Shows The year-on-year growth rate for exports in CNY terms has now moderated for the second consecutive month, following a peak in May.

While still robust by historical standards, the deceleration points to shifting dynamics in global trade, including softer consumer demand in major markets like the United States and Europe.

Imports also showed a mixed picture, though the headline export figure remains the key focus for analysts. The trade surplus, while still substantial, may narrow if export momentum continues to fade in the coming months.