ALBAWABA - Recent data shows Chinese trade surplus passing $1 trillion in October, crossing the milestone even earlier than it did last year during a record-breaking surge in overseas shipments.
China, the world’s second-largest economy, had its exports surge in recent months in correlation with global increased demand for AI-related products including computer chips, data center servers and networking equipment.
The trade boom has proven to be a critical lifeline for the Chinese economy which has been wracked with economic woes in its once booming realty and property sector.
🚨 BREAKING 🇨🇳
China reports a massive $105.3 BILLION trade surplus in October!
Exports surged 35.2% year-on-year, while imports jumped 41.6%.
China's trade surplus has now crossed $1 TRILLION in the first 10 months of 2026. 📈
Chinese exports rose 35.2 percent year-on-year to $412.3 billion last month while imports expanded 41.6 percent to $307.1 billion, according to the Chinese General Administration of Customs (GAC).
The difference brought China's total trade surplus during the first 10 months to a towering $1.04 trillion, according to the GAC, and putting it well on the way to surpass the record $1.2 trillion surplus achieved last year in November.
The figures come ahead of a meeting between President Xi Jinping and U.S. President Donald Trump at the Asia-Pacific Economic Cooperation (APEC) summit in China next week.
Pshemaf Choiaqo is a digital marketer with a passion for media, style, and presentation.
He enjoys researching unorthodox and nonconventional subjects almost as much as he enjoys writing about them.
Subscribe to our newsletter for exclusive updates and enhanced content
