China’s Trade Surplus Reached a Record High in 2025, Led by Asia and Europe
China’s surplus accumulation since 2018 has re-anchored toward Asia and Europe, while the North American balance has weakened.
China’s surplus accumulation since 2018 has re-anchored toward Asia and Europe, while the North American balance has weakened.
Global trade is a mirror reflection of trade surplus economies supplying raw materials and goods, and trade deficit economies absorbing them to drive growth and consumption.
The global trade environment is evolving at an unprecedented pace. Astute export managers must identify and manage a host of new opportunities.
The new tariffs will hit these top 50 traded products hardest, and both countries must rapidly develop contingency trade plans.
Trump’s tariffs are injecting uncertainty into global trade patterns, which could become more complex, fragmented and regionalised in 2025.
Global exports are concentrated in a few major economies but developing countries have made great strides in their export performance. This creates opportunities for astute global supply chain managers.