China records US$1.19 trillion trade surplus in 2025

China's exports rose 5.5 percent in 2025 to US$3.77 trillion, while imports stayed flat at US$2.58 trillion, yielding a record trade surplus of US$1.19 trillion. The performance beat forecasts despite trade headwinds, fueled by diversification into markets like Asean and Africa. Officials attribute the strong results to supportive policies and the country's industrial depth.

China's exports outperformed expectations in 2025, defying a year of trade tensions as manufacturers diversified markets to offset a sharp drop in shipments to the United States, securing a record annual surplus of US$1.19 trillion.

Customs data released on Wednesday showed exports grew 5.5 per cent year on year to US$3.77 trillion, surpassing the 5 per cent increase projected by financial data provider Wind. Imports for the period held steady at US$2.58 trillion, beating Wind's estimate of a 0.09 per cent decline.

In December alone, outbound shipments increased 6.6 per cent, topping Wind's 2.2 per cent forecast and exceeding November's 5.9 per cent rise. Monthly imports climbed 5.7 per cent year on year, better than the anticipated 0.3 per cent dip and up from November's 1.9 per cent growth.

Wang Jun, vice-minister of the General Administration of Customs, credited the robust export performance amid trade headwinds to supportive policies and China's industrial depth. He noted these elements bolstered resilience through a turbulent period.

The surplus was driven by surging shipments to Asean and Africa, which compensated for losses in the US market. Chinese leaders are emphasizing efforts to stimulate domestic demand to underpin growth prospects into 2026.

Liittyvät artikkelit

Illustration of China's record Q1 foreign trade growth, depicting a busy port with ships, cranes, and surging trade graphs.
AI:n luoma kuva

China's Q1 foreign trade up 15%, fastest in five years

Raportoinut AI AI:n luoma kuva

China's foreign trade reached 11.84 trillion yuan ($1.63 trillion) in the first quarter of 2026, up 15% year on year, the fastest quarterly growth in nearly five years, officials from the General Administration of Customs announced on Tuesday. Exports totaled 6.85 trillion yuan, up 11.9%, while imports rose 19.6% to 4.99 trillion yuan. The figure marks the first time first-quarter trade has exceeded 11 trillion yuan.

China's foreign trade rose 18.3 percent year-on-year to 7.73 trillion yuan in the first two months of 2026, economists say this will underpin the country's growth target and provide stability for the global economy. Exports increased 19.2 percent, while imports grew 17.1 percent, reflecting improved global demand and domestic industrial strengths.

Raportoinut AI

China-Russia bilateral trade surpassed $200 billion for the third consecutive year in 2025, reaching $227.9 billion, according to a Chinese commerce ministry official.

Building on its top position in US imports through February, Mexico posted a record $70.7 billion in total exports for March 2026, up 27.7% year-over-year, with a $5.9 billion trade surplus. Non-automotive manufactures drove the surge amid US supply chain shifts, while deseasonalized figures rose 8.5% from February.

Raportoinut AI

South Korea's exports exceeded $85.89 billion in April, topping $80 billion for the second consecutive month. The figure jumped 48 percent from a year earlier, driven by robust semiconductor shipments. The trade surplus reached $23.77 billion, marking the second straight month above $20 billion.

Tämä verkkosivusto käyttää evästeitä

Käytämme evästeitä analyysiä varten parantaaksemme sivustoamme. Lue tietosuojakäytäntömme tietosuojakäytäntö lisätietoja varten.
Hylkää