China ended 2025 with a record

China ended 2025 with a record trade surplus of $1.2 trillion, considered a historical high for any country in the world. According to Bloomberg, exports grew by 5.5% over the year, and by 6.6% in December, significantly exceeding economists' forecasts. Shipments to the US declined by 20%, and over 30% in December, but Chinese manufacturers diversified their markets, increasing exports to Africa (+26%), ASEAN (+13%), the EU (+8%), and Latin America (+7%). Particular attention was drawn to the growth in exports of high-tech products, including semiconductors, electric vehicles, and ships—up more than 20%. Imports in December increased by only 5.7%. A senior official from the Customs Service noted that "the external environment remains challenging, but thanks to partner diversification, the foundation of our trade remains strong." These figures demonstrate that China maintains its status as the "world's factory" even amid external economic pressures.

Context

Since 2019, China has gradually diversified its export markets, reducing dependence on the US.