China’s Trade Surplus Tops USD 1 Trillion as High-Tech Exports Surge
China's goods trade surplus reached USD 1.04 trillion in the first ten months of 2026
China's goods trade surplus reached USD 1.04 trillion in the first ten months of 2026
Merchandise exports reached USD 2.38 trillion in 2025, outpacing USD 2.10 trillion in imports
China’s exports to Africa grew 26% in 2025, led by machinery, vehicles and light manufacturing, while imports expanded only modestly.
China’s surplus accumulation since 2018 has re-anchored toward Asia and Europe, while the North American balance has weakened.