China exports, imports soar past expectations in October — surplus narrows sharply
Exports rose 35.2% and imports climbed 41.6% in October, customs data showed, as AI-related shipments helped drive the surplus past $1 trillion.
- China's General Administration of Customs reported on Tuesday that exports and imports surged more than expected in October, though the trade surplus shrank sharply and undershot analyst forecasts.
- Goods exports soared 35.2% from a year earlier, extending a boom in AI-related shipments that drove growth beyond the 33.5% forecast by Reuters-polled economists and the prior month's 36.3% surge.
- Imports spiked 41.6% last month, significantly outpacing the 32% rise predicted by Reuters-polled economists and accelerating sharply from 31% growth in September, according to Customs data.
- China's trade surplus narrowed sharply, undershooting expectations, though the total still reached over $1 trillion for the second consecutive year despite the import surge.
- Investors assess the 'outlook for factory activity, domestic demand and exports' as China navigates persistent economic pressure, with the latest official manufacturing index set for release soon.
239 Articles
239 Articles
China's trade surplus has broken the threshold of one trillion US dollars for the second year in a row, according to the Chinese Customs Authority. A trade surplus is mentioned when the value of a state's exports of goods is higher than the value of imports in a period of time.
China has crossed a $1 trillion trade milestone for the second year in a row —and it did it fater this time. Beijing says its trade surplus hit $1.04 trillion in the first 10 months of the year, one month earlier than last year, as exports of green tech...
China's trade surplus surpasses US$1 trillion for a 2nd straight year, as exports surge 35%
Exports in October surged 35.2% from a year earlier, the customs agency said. Exports have grown rapidly this year, supported by high-tech goods like semiconductors and autos.
China's trade surplus exceeded the piscological threshold (and not only) of the thousand billion dollars already in the first ten months of 2026, reaching 1,043 billion. (ANSA)
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