In 2025, China’s trade surplus hit a record high of nearly $1.2 trillion, fueled by a 5.5% increase in exports, totaling $3.77 trillion, and flat imports. Despite a 20% drop in exports to the U.S. due to tariffs, China’s manufacturers expanded into other global markets, especially Africa, Southeast Asia, and Europe. Strong demand for items like computer chips and cars, with auto exports surging 21%, bolstered these exports. Economists anticipate exports will continue to drive growth in 2026, though internal factors like decreased domestic demand may slow future growth.
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China trade surplus tops $1 trillion for first time on non-US growth, and it’s a milestone that really makes you stop and think. How is this even possible, especially considering the economic climate and the geopolitical maneuvering that’s been going on? It’s almost mind-boggling how the market seemingly sails along, detached from the realities on the ground, or maybe it’s just a sign of how deeply interconnected the global economy has become.
China trade surplus tops $1 trillion for the first time, and it’s largely driven by trade with countries *other than* the United States. This is a pretty significant shift, isn’t it?… Continue reading
China has achieved a record-breaking trade surplus, reaching US$1.076 trillion in the first eleven months of the year, exceeding the previous record. This growth was fueled by efforts to diversify export markets despite ongoing trade uncertainties. November saw a rebound in exports, increasing by 5.9% year-on-year to US$330.35 billion, contributing to an overall trade surplus for the month. While exports showed strength, sluggish import growth reflected weaker domestic demand, a key challenge for China’s economy.
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John Q. Hosedrinker 
Matt Underwood