China's trade surplus tops $1 trillion for first 10 months of 2026

Briefing by News4U · First published

China's trade surplus reached $1.04 trillion in the first 10 months of 2026, exceeding $1 trillion for a second consecutive year, according to official data released on Tuesday. Total imports and exports grew 20 percent year on year, with exports jumping 35.2 percent to $412.3 billion and imports rising 41.6 percent to $307.1 billion in October. The surplus narrowed to $105.3 billion last month from $133.5 billion in September. Exports to the United States surged 32.9 percent in October. Analysts expect China to surpass last year's record $1.2 trillion surplus, though risks of additional tariffs remain elevated in 2027. [1] [2] [3]

Sources

  1. China’s trade surplus exceeds $1tn for first 10 months of year

    FT Europe · · Summary only

  2. China’s Trade Surplus Passes $1 Trillion at Record Pace

    NY Times · · Summary only

  3. China says trade surplus surpassed US$1tn in October

    RTHK Finance · · Excerpt

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