China's trade surplus in goods reached 1.076 trillion dollars in 2025, despite the trade war with the USA, with significant increases in exports.

In 2025, China recorded a trade surplus of goods of 1.076 trillion dollars, marking a historic first. Exports increased by 5.9% in November, while imports rose by 1.9%, generating a monthly surplus of 112 billion dollars. Although exports to the USA decreased by 29%, deliveries to Southeast Asia increased by 8%, suggesting a redirection of trade. President Xi Jinping emphasized the importance of domestic consumption but also mentioned the need to develop industries that support exports, such as electric vehicles.

Exports to the EU increased by 14.8% in November, and the depreciation of the renminbi enhanced competitiveness. French President Macron threatened with tariffs if the trade surplus with the EU does not decrease. Analysts estimate that China will increase its share of global exports to 16.5% by 2030.