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3h ago

China Posts Record $1.2 Trillion 2025 Trade Surplus Despite U.S. Tariffs

Beijing offset a steep drop in U.S.-bound sales by redirecting exports to Africa, Southeast Asia, the European Union and Latin America.

Un buque portacontenedores espera para atracar en el puerto de Qingdao, en la provincia oriental china de Shandong, el 4 de agosto de 2025
Ni los aranceles de Trump frenan a China: el superávit comercial sube a casi 1.2 billones de dólares en 2025 gracias al auge de exportaciones a África, Europa y América Latina. | Crédito: AP
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Overview

  • Official customs data show exports rose 5.5% to $3.77 trillion while imports were roughly flat at $2.58 trillion, lifting the annual surplus to about $1.19–$1.2 trillion.
  • December capped the year with exports up 6.6% year over year and imports up 5.7%, reinforcing the full‑year record.
  • Exports to the United States fell about 20% in 2025, offset by increases to Africa (+26%), Southeast Asia (+13%), the EU (+8%) and Latin America (+7%).
  • Electronics and electrical equipment led gains (+8.4%), and vehicle exports jumped 21% to more than 7 million units, driven by electric and plug‑in hybrid models.
  • An October Trump–Xi meeting produced a truce that reduced new U.S. tariffs to about 20% after earlier spikes reportedly as high as 145%, while the IMF urges China to curb imbalances as weak consumption and a prolonged property slump persist.