FX.co ★ China’s Export Growth Cools to 23.9% in July, Easing From June Surge

China’s export growth eased in July 2026, with overseas shipments rising 23.9% year-over-year, down from a 27.0% increase recorded in June 2026. The latest figures, updated on 7 August 2026, indicate that while external demand for Chinese goods remains strong, the pace of expansion is moderating from the previous month’s surge.

Both June and July readings compare export performance to the same months a year earlier, underscoring that China is still posting robust double-digit export gains despite the slowdown. The deceleration from June’s 27.0% to July’s 23.9% suggests that some of the earlier momentum may be normalizing after a period of unusually rapid growth.