Imports also shrank more than forecast, indicating the impact of measures to stimulate growth in the world’s second-largest economy may be fading, after encouraging import readings in May.
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China’s exports denominated in yuan rose 1.3 percent in June from the same period a year earlier, the General Administration of Customs said on Wednesday. Elsewhere imports of iron ore, copper and coal grew by 9.1%, 22% and 8.2% respectively.
Exports climbed 1.3 percent year-on-year in yuan terms, the General Administration of Customs said.
Still, the June figure for exports was better than a median forecast for a 5.0% decline by 15 economists polled by The Wall Street Journal.
Customs said there were “obvious obstacles” blocking China’s foreign trade development, particularly the decline in business in both directions with major trading partners such as the U.S. and ASEAN.
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Meanwhile, imports decreased 2.3% versus an expected fall of 1.2%.
