China has reported a record $1.2 trillion trade surplus in 2025, the largest ever recorded globally, underscoring Beijing’s continued export strength despite geopolitical and economic headwinds.
Wang Jun, Deputy Director of China’s General Administration of Customs, described the results as “extraordinary and hard-won” amid profound shifts in global trade.
Key developments:
• The surplus surpassed $1tn for the first time, exceeding 2024’s $993bn.
• Monthly surpluses exceeded $100bn on seven occasions.
• Exports to South-East Asia, Africa and Latin America offset weaker trade with the United States.
• Growth was driven by green technology, artificial intelligence and robotics.
• Imports rose just 0.5%, reflecting weak domestic demand linked to the property crisis and rising debt.
Trade analyst Deborah Elms of the Hinrich Foundation called the surplus a “mixed blessing”, warning of rising foreign scrutiny and trade barriers as China’s global market share expands.
ℹ️ BBC News
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