China's trade surplus passed $1 trillion for the first time in the first 11 months of 2025. In 2024, China had a surplus of approximately $992 billion, according to data from FactSet. As China diversifies its export markets from the US, the country looks to Southeast Asia, Africa, Europe, and Latin America. China's exports climbed 5.9% from the previous year in November, while imports rose just under 2%. The customs data also showed that shipments to the US dropped nearly 29% year-over-year.
China's trade surplus passed $1 trillion for the first time in the first 11 months of 2025. In 2024, China had a surplus of approximately $992 billion, according to data from FactSet. As China diversifies its export markets from the US, the country looks to Southeast Asia, Africa, Europe, and Latin America. China's exports climbed 5.9% from the previous year in November, while imports rose just under 2%. The customs data also showed that shipments to the US dropped nearly 29% year-over-year. ♬ puzzle pieces - choppy.wav
