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China reported strong trade figures for 2025 on Wednesday, as its trade surplus soared to a record $1.2 trillion, even amid falling exports to the United States.
Exports to the US dropped 20% year-on-year, while imports from the country fell 14.6%, reflecting the lingering effects of last year’s trade war, which saw reciprocal tariffs in the triple digits.
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Despite the decline in US trade, China’s overall exports grew 5.5%, buoyed by stronger demand from other markets. Shipments to ASEAN countries rose 13.4%, exports to Africa jumped 25.8%, and sales to the European Union increased 8.4%, although imports from the bloc declined.
Tensions between China and the EU appeared to ease on Monday, when Brussels allowed Chinese electric vehicle makers to set minimum price guarantees for exports, replacing tariffs — a move welcomed by Beijing.
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Vice Customs Minister Wang Jun highlighted China’s trade resilience:
“China’s trade in 2025 surpassed ¥45 trillion ($6.4 trillion) for the first time, setting a new historical high.”
Wang also noted that some countries continue to politicize trade issues, restricting high-tech exports to China, implying that without such restrictions, imports would have been even higher.
