Continuous Yuan Appreciation Significantly Hurt China Export Value in August

Published: Sep 8, 2017 11:50

Save

China’s yuan-based import and export value both rose in August.

SHANGHAI, Sept. 8 (SMM) - China’s yuan-based import and export value both rose in August. But export value reported narrower gains compared to July due to yuan’s continuous appreciation.

Offshore Yuan Refreshes Nearly 18-Month High against US Dollar

Import value increased 6.9% YoY, compared to 8.7% estimated and 11.2% growth in July.

China Trade Surplus Shrinks in August

Export value rose 14.4% YoY, versus estimation of 11.7% and a 14.7% rise in July.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

import and export value

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

13 hours ago

Macro Pressure Combined with Supply-Demand Divergence, BC Copper Fluctuated Intraday and Closed Down 2.35% [SMM BC Copper Commentary]

13 hours ago

Major Import and Export Countries for China’s Copper Foil

[Copper Foil Customs Data] According to data from the General Administration of Customs, the main countries and regions from which China imported copper foil in January and February 2026 were Taiwan, China, Malaysia, and Luxembourg, with imports of 8,347.43 mt, 2,009.42 mt, and 997.76 mt, respectively. In January and February 2026, the main countries and regions to which China exported copper foil were Thailand, South Korea, and Vietnam, with exports of 2,713.31 mt, 1,474.16 mt, and 792.21 mt, respectively.

13 hours ago

16 hours ago

Data: SHFE, DCE market movement (Mar 23)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 23 Mar , 2026

16 hours ago