CH Trade Balance

China’s export growth topped forecasts in June as strong demand for semiconductors and a rush by manufacturers to ship goods to the U.S. ahead of potential new tariffs countered broader concerns about the Iran war and weakening global demand. The stronger-than-expected trade performance suggests Chinese ​manufacturers continued to sustain sales despite slowing growth in major economies and uncertainty ​over trade relations with Washington. Strong demand for AI-related technology products, front-loading ⁠of U.S.-bound shipments and ...

China’s trade growth held up better than expected in May, as surging AI-related exports helped buffer the economy against disruption from the Iran war. Exports rose 19.4% from a year earlier in U.S. dollar value terms, customs data showed Tuesday, accelerating from the 14.1% gain in April. Economists polled by Reuters had pegged growth at 15%. Imports growth momentum continued to build, expanding 27.4% in May, the outpacing from 25.3% in April, beating economists’ forecast for a 25% growth. The import surge has largely been driven by ...

China's exports grew by 21.8% year-on-year in the first two months of 2026, up from 5.5% in 2025, well above market expectations. This marked the highest monthly YoY growth level since January 2022. As the data combines the first two months of the year, the strength can’t be attributed to the Lunar New Year effect. Many of last year's prevalent themes carried forward into 2026. By export destination, the US continued to see a sharp YoY decline, down -11.0%. The tariff impact remains in play, given the current higher tariff rates and ...

China’s exports jumped nearly 22% in the first two months of the year from a year earlier, powered by a surge in shipments of computer chips, autos and electronics. The export figures released by China’s customs agency on Tuesday were much better than economists had forecast. They far exceeded the 6.6% annual pace of growth recorded in December. Shipments to the U.S. fell 11% in January and February, narrowing from a 30% drop in December. Exports to the European Union increased almost 28% while those to Latin America climbed 16%. ...

China’s exports ended last year with a growth spurt and sent its trade surplus to a record $1.2 trillion in 2025, extending a boom that’s seen factories escape Donald Trump’s tariffs by making deeper inroads into markets beyond the US. The resilience was the biggest surprise for an ailing Chinese economy last year and could cushion it in the months to come. Defying expectations for a slowdown, exports picked up last month — a feat given a high base of comparison from a year ago, when Trump’s re-election to the presidency sparked ...

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 ...