China Posts Record $1.2 Trillion 2025 Trade Surplus, Customs Data Show

Overview

• Total goods trade reached $6.4 trillion in 2025, with exports up 5.5% to $3.8 trillion and imports flat at $2.6 trillion.
• ASEAN emerged as China’s largest trading partner at $1.1 trillion, followed by the European Union at $828 billion, with the United States ranking third.
• U.S.–China trade fell 18.7% to $559.7 billion, as Chinese exports to the U.S. dropped 20% and imports declined 14.6%.
• China–Taiwan commerce grew 7.3% to $314 billion, with Chinese shipments to Taiwan up 11.2% and purchases from the island up 6%, leaving Taiwan a $147 billion surplus.
• Trade with Japan increased in 2025 to $322 billion, including growth in December.