China's exports surge as trade surplus heads for record

Summarised from 2 outlets · Updated 14 Oct, 06:32 · Archive

China's exports rose 36.3 per cent in September, putting it on track to exceed 2025's record trade surplus.

China's exports surged 36.3 per cent in September compared with a year earlier, accelerating from 25 per cent growth in August, according to the country's customs agency. The rise was driven by high-tech goods such as semiconductors and autos. China's imports also climbed 31 per cent year-on-year in September, up from 28.2 per cent in August, resulting in a $US133.5 billion trade surplus for the month, widening from $US119.1 billion in August.

For the first nine months of the year, China's trade surplus reached $US938 billion, with expectations that it could surpass 2025's full-year record of $US1.2 trillion. Strong exports have helped drive China's overall economic growth at a time when domestic consumption and investment have remained sluggish, weighed down by a years-long real estate sector downturn.

China's trading partners are pushing to rebalance their deficits. The European Union faces a trade deficit with China exceeding $US1.1 billion daily. Ecaterina Bigos, a senior market strategist at BNP Paribas Asset Management, said the EU's rebalancing efforts 'directly target high-value exports'. The United States has launched a probe into excess industrial capacity among China and other trading partners, though Washington and Beijing reached an agreement in September to extend their trade truce and cut tariffs on $US60 billion worth of goods.

How it is being reported

• China exports surge amid pressure to rebalance tradeChina is on track to beat 2025's record trade surplus thanks to booming exports but faces challenges from partners trying to shrink their deficits with Beijing.Perth Now · 14 Oct, 06:19
• China exports surge amid pressure to rebalance tradeChina is on track to beat 2025's record trade surplus thanks to booming exports but faces challenges from partners trying to shrink their deficits with Beijing.The West Australian · 14 Oct, 06:19

In this story: China · European Union · United States · BNP Paribas Asset Management

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem