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China’s trade surplus surges to new highs on strong end to 2025
China’s exports grew by 6.6% year on year in December, up from 5.9% in November, beating our and market expectations for a moderation. On the year, exports rose 5.5% YoY, just a bit lower than 2024’s 5.9% growth rate. This strong export performance came despite a clear drop-off of exports to the US, which fell -20.0% YoY for the full year. Exports to South Korea (-1.1%) and Japan (3.5%) were also relatively soft on the year. Exports to other regions were enough to offset this drag in 2025, with the top export destinations of ASEAN (13.4%) and EU (8.4%) all well above the overall export growth. We also saw strong ... (full story)
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From cnbc.com | Jan 13, 2026
Chinas exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, even as imports rose at their fastest pace in three months. Exports surged 6.6% in U.S. dollar terms last month from a year earlier, Chinese customs data showed Wednesday, topping analysts median estimate for a 3% growth and accelerating ...
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