2025年6月进出口数据点评:出口再抢跑

招商证券股份有...
Jul 15, 2025

事件:根据中国海关总署2025 年7 月14 日公布的数据,按美元计价,6 月出口3251.8 亿美元,同比增长5.8%;进口2104.1 亿美元,同比增加1.1%。贸易逆差为1147.7 亿美元,同比增长16%。整体上看:进出口增速双反弹,顺差创新高。6 月出口增速收录5.8%(前值4.8%),高于我们预期。从外部环境和高频数据看,增速回升主要的核心驱动力是美国关税豁免期结束前,企业加速对美出口...

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