China's trade surplus hits new heights in 2025 despite US tariff war
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China's trade surplus hits new heights in 2025 despite US tariff war
"Customs data released on Wednesday showed that Chinese exports rose by 5.5 percent last year to total $3.77 trillion. The data shows that increased trade with other countries across the globe made up for reduced trade with the US. list of 4 itemsend of list Imports remained steady at $2.58 trillion, creating a trade surplus of $1.19 trillion. The gap stood at $992bn in 2024, before President Donald Trump launched his erratic trade policy actions."
"Facing aggressive tariffs in the US market, Chinese firms pivoted to customers in Southeast Asia, Africa, Latin America and Europe. However, trade with Russia dropped for the first time in five years, pulling back from a record level in 2024 on a slide in Russian demand for Chinese cars and a drop in the value of Chinese imports of Russian crude oil."
"The momentum for global trade growth looks to be insufficient, and the external environment for China's foreign trade development remains severe and complex, Wang Jun, a vice minister at China's customs administration, said at a news briefing on Wednesday. But with more diversified trading partners, (China's) ability to withstand risks has been significantly enhanced, Wang said, adding that the fundamentals for China's foreign trade remained solid."
Chinese exports rose 5.5% in 2025 to $3.77 trillion while imports held at $2.58 trillion, producing a $1.19 trillion trade surplus. The surplus widened from $992 billion in 2024 after US tariff actions prompted exporters to pivot toward Southeast Asia, Africa, Latin America and Europe. Trade with Russia fell for the first time in five years due to weaker Russian demand for Chinese cars and lower-value crude imports. Authorities said the external environment remains severe and complex but that diversified trading partners have strengthened risk resilience and fundamentals for foreign trade remain solid.
Read at www.aljazeera.com
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