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China's trade surplus exceeded USD 1 trillion for a second straight year, according to official data released Tuesday, as pressure mounts for greater balance in trade with Beijing. Exports in October surged 35.2 per cent from a year earlier, the customs agency said. Exports have grown rapidly this year supported by high-tech goods like semiconductors and autos. Imports rose 41.6 per cent year-on-year. Between January and October, China logged a USD 1.04 trillion trade surplus, even as the trade surplus narrowed last month to USD 105.3 billion from USD 133.5bn in September as imports picked up pace. That puts China on track for surpassing last year's record USD 1.2 trillion trade surplus. "We expect Chinese exports to stay strong for the rest of this year, led by electronics and autos," said Dave Chia, an economist at Moody's Analytics. Overcapacity in many industries, excess domestic savings and weakened domestic demand are still forcing China to ship its goods abroad as some ...
China's exports surged 36.3% in September from a year earlier, its customs agency said Wednesday, as pressure ramped up from its trading partners including the European Union to rebalance trade. The exports data, which was better than what economists had expected, accelerated from the 25% growth in August. High-tech goods such as semiconductors and autos have helped fuel its rising shipments overseas. Imports climbed 31% in September year-on-year, also accelerating from August's 28.2% rise. That resulted in a $133.5 billion trade surplus for China last month, widening from $119.1 billion in August.
China's exports accelerated in August, jumping 25% from a year earlier on strong demand for autos and high-tech goods, its customs agency said Tuesday. The data came ahead of U.S. President Donald Trump's planned meeting with Chinese leader Xi Jinping, set for late September, though Beijing has not yet confirmed the exact date for the visit. Exports grew 23.9% year-on-year in July. Imports climbed 28.2% in August from a year earlier, up from July's 27.5% rise. That led to a $119.1 billion trade surplus for China, widening from $112.5 billion in July.
China's exports slowed slightly in July from the month before despite robust demand for high-tech electronics and vehicles. Customs data released Friday showed China's trade surplus narrowed to USD 112.5 billion from USD 125.6 billion in June. Exports rose nearly 24 per cent in July from a year earlier, compared with a 27 per cent increase in June. Imports climbed 27.5 per cent year-on-year, but that was lower than June's jump of 36 per cent. Disruptions to port operations due to typhoons helped to slow trade, analysts said. "The boom in Chinese trade slowed a touch in July but the big picture is that export and import values remain elevated, helped by soaring global demand for electronics and green tech products," Julian Evans-Pritchard of Capital Economics said in a report. The Iran war interfered with shipments of aluminum from the Middle East, leading to an increase in Chinese exports of the metal, he noted. Trade data show China has fully transitioned from providing mostly l
China's exports accelerated in June, jumping 27 per cent from a year earlier, its customs agency said Tuesday, driven by strong demand due to the boom in artificial intelligence. The increase in exports in June was much better than economists had expected. Exports rose 19.4 per cent year-on-year in May. Imports in June surged 36 per cent, stronger than May's 27.4 per cent year-on-year growth. China's exports of vehicles, especially EVs, and other tech-related products have boomed as rapid expansion of use of AI increases demand for semiconductors and other electronic equipment. The strength in export manufacturing has helped to offset weakness in domestic demand.
China's exports rose 14.1% in April from a year earlier, the government said Saturday, despite the Iran war and lingering impacts from higher US tariffs. The data were released just days ahead of a planned meeting next week between US President Donald Trump and Chinese leader Xi Jinping in Beijing. That beat analysts' estimates and was a significant improvement from March's 2.5% year-on-year expansion. Imports climbed 25.3%, slower than the 27.8% growth in March but still robust. The Trump-Xi summit comes at a time when relations are beset by multiple issues, with efforts to end the war in Iran eclipsing the usual sources of friction. "We're expecting that overall external demand will remain a solid driver of growth this year," said Lynn Song, chief economist for Greater China at Dutch bank ING, likely led by China's exports of semiconductors and autos. In March, Chinese leaders set an annual economic growth target of 4.5% to 5%, slightly lower than last year's 5% expansion and t
China's exports grew 2.5 per cent in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand. The March export data released by China's customs agency Tuesday missed analysts' estimates and was sharply down from the 21.8 per cent export growth recorded for January and February. Imports last month surged 27.8 per cent, up from the 19.8 per cent year-on-year increase in the first two months of this year. Technology-related exports including a jump in shipments of semiconductors from China on the global artificial intelligence boom have powered its robust exports in early 2026, but economists say impacts from the prolonged Iran war could affect overall global demand for Chinese exports this year.