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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ChinaChina Imports YoY climbed to 27.4% in May 2026
FMPMonthlyReleased June 2026
China Imports YoY climbed to 27.4% in May 2026, released June 2026, up 2.1% from April's 25.3% reading. The print exceeded the 25.0% consensus by 2.4%. The print is running well above the 12-month average of 14.68%. Over the past 3 months, Imports YoY averaged 26.55%, vs 16.07% in the prior 3-month window. The reading is in the 95th percentile of the trailing 24-month range.
Latest Release
27.4
Actual
25
Consensus
25.3
Previous
Median Absolute Error
±3.6 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 25
Actual: 27.4
Error: -2.4
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| Hang Seng | ▲ Direct | +0.74 | INDEX | Bullish Hang Seng | → View |
| USD/CNY | ▼ Inverse | −0.69 | FOREX | Bearish USD | → View |
| Nikkei 225 | ▲ Direct | +0.68 | INDEX | Bullish Nikkei 225 | → View |
| AUD/USD | ▲ Direct | +0.61 | FOREX | Bullish AUD | → View |
| USD/CNH | ▼ Inverse | −0.58 | FOREX | Bearish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Imports YoY (China) was reported at 27.4% in June 2026. This beat the market consensus of 25% by 2.4%. The reading rose from the previous value of 25.3%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 9.17%, ranging from 1.1% to 27.4% across 9 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 20.33%, up from the prior three at 5%. Volatility over the past year (σ 8.74%) is higher than the prior year (σ 3.78%). In June readings over the past 3 years, Imports YoY has averaged 8.6%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with Hang Seng (Bullish Hang Seng). A secondary relationship exists with USD/CNY, negatively correlated (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 3.6%.
WHAT TO WATCH NEXT
The next release is scheduled for July 14, 2026. Same-country events in the next 14 days include Loan Prime Rate 5Y (Jun 22) and Loan Prime Rate 1Y (Jun 22).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Imports YoY - CN
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About Imports YoY — China
DEFINITION
Imports YoY is a financial indicator that measures the year-over-year change in the total value of goods and services imported into a country. It provides valuable insights into a country's economic health and its trade relationships with other nations. A positive Imports YoY indicates an increase in imports, which can stimulate economic growth and consumer demand. On the other hand, a negative Imports YoY may suggest a decline in economic activity and potential trade imbalances. This indicator is closely monitored by investors, policymakers, and businesses to make informed decisions and assess the overall health of a country's economy.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 27.4 %, consensus 25 %. Prior reading (Apr 2026): 25.3 %. Before that (Mar 2026): 27.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Hang Seng (Bullish Hang Seng, r=0.74) — a useful reference for index-focused traders.