China's exports surge 36.3% y/y in September, imports up 31%
Robust demand for semiconductors and autos helped push the monthly trade surplus to $133.5 billion, while policymakers weighed weaker domestic demand.
- China's exports soared 36.3% in September from a year earlier, exceeding expectations and outstripping August's 25.0% rise, according to customs data released Wednesday.
- High-Tech goods including semiconductors and autos fueled this rising shipment volume, as global demand for infrastructure construction remains robust and shows little sign of slowing.
- That surge resulted in a $133.5 billion trade surplus for China last month, widening from $119.1 billion in August and bringing the nine-month total to $938.11 billion.
- President Jinping's September summit with President Donald Trump in Washington secured an extension to their tariff truce, including an agreement to cut tariffs on $30 billion worth of goods.
- Despite a recent European Union deal limiting hybrid vehicle exports announced earlier this month, policymakers remain on course for China's 4.5% to 5% annual GDP growth target given strong export momentum.
77 Articles
77 Articles
China heads for record trade surplus as exports surge
The world's second-largest economy recorded a $133.5-billion trade surplus in September, the most since January 2025, driven by exports surging 36.3 percent year-on-year, according to China's customs administration. Imports also grew 31 percent, but China's cumulative trade gap through the end of September still reached $938.1 billion, putting it on course to break the record $1.2-trillion total recorded last year. The data came days after the E…
According to data released today October 14 by the General Administration of Chinese Customs, export growth exceeded the expectations of economists and accelerated against the 25% recorded in August.
Exports to US, EU push China towards record trade surplus
China's exports soared in September, official data showed todayy, putting the country on course for a record annual trade surplus that is likely to increase calls for rebalancing trade from major partners, including the European Union and the US.
Good morning, Chinese exports grew by no less than 36.3 percent last month compared to a year earlier, strongly boosted by the AI boom.
Many US and European officials blame Beijing for unfairly favouring its industrialists, at the expense of international competition. China disputes this view and argues for the innovation and increase in the range of its companies. The second world economy recorded last month a trade surplus of $133.5 billion (€119 billion), announced the Chinese Customs. This is the highest monthly level since January 2025. In total, China's cumulative trade su…
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