China's exports grow 21.8% in first two months of 2026

China's trade performance exceeded expectations at the beginning of 2026, with exports rising sharply. The growth rate reached 21.8% year-on-year for January and February, compared to 5.5% in the previous year. This surge was propelled by key sectors amid global demand.

China's exports expanded by 21.8% year-on-year during the first two months of 2026, marking a significant acceleration from the 5.5% growth recorded in 2025. This figure surpassed market forecasts, signaling a robust start to the year for the country's trade sector.

The increase was primarily driven by shipments in ships, chips, and automobiles, which continued to fuel export strength. Global demand played a crucial role in countering the negative effects of US tariffs on Chinese goods.

Alongside the export boom, imports also showed strong growth, which could reassure trading partners. This development aligns with China's efforts to achieve a more balanced trade profile.

Lynn Song, Chief Economist for Greater China at ING, highlighted these trends in an analysis published on March 10, 2026. The data underscores the resilience of China's export engines despite external pressures.

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