Record-Breaking $1.19 Trillion. China 2025 Trade Surplus Record Defies US Export Slump
China's 2025 trade surplus record reaches a historic $1.19 trillion as manufacturers diversify into ASEAN and Africa, offsetting declining US exports.
A staggering $1.19 trillion surplus has redefined global trade dynamics.China's exports performed better than expected in 2025, as manufacturers pivoted to markets in ASEAN and Africa to offset a sharp decline in shipments to the United States. This strategic shift has cemented Beijing's position despite mounting trade headwinds.
China 2025 Trade Surplus Record Hits $1.19 Trillion Amid Global Shifts
According to customs data released on January 14, 2026, China's annual exports grew by 5.5% year-on-year to reach $3.77 trillion. This figure surpassed the 5% growth projected by financial data provider Wind. Meanwhile, imports remained flat at $2.58 trillion, resulting in a historic trade imbalance that highlights China's manufacturing dominance.
| Indicator | 2025 Actual | Wind Forecast |
|---|---|---|
| Export Growth | 5.5% | 5.0% |
| Total Imports | $2.58T | $2.57T (-0.09% forecast) |
| Annual Surplus | $1.19T | ~$1.1T |
Strategic Pivot to the Global South
The US market, once the primary engine for Chinese goods, saw a significant cooling. However, shipments to emerging economies surged. Wang Jun, vice-minister of the General Administration of Customs, attributed this robustness to supportive domestic policies and the sheer depth of China’s industrial ecosystem.
December's performance was particularly strong, with outbound shipments rising 6.6%, outperforming November's 5.9% growth. As Beijing looks toward 2026, leaders are expected to double down on diversification and boosting local demand to navigate ongoing geopolitical friction.
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