The latest statistics on goods trade released by the General Administration of Customs show that in the first 11 months of 2025, China's total import and export value reached 5.75 trillion US dollars, with an export value of 3.41 trillion US dollars and an import value of 2.34 trillion US dollars, resulting in a trade surplus of 1.076 trillion US dollars. This figure not only surpassed the 1 trillion US dollar mark for the first time during this statistical period but also set a new record for the trade surplus in 2024, reaching a new high for the same period in history. In terms of RMB, the total import and export value in the first 11 months was 41.21 trillion yuan, increasing by 3.6% year-on-year, with an export value of 24.46 trillion yuan, growing by 6.2% year-on-year, maintaining a stable growth trend.
The performance of trade in a single month was particularly outstanding. In November 2025, the export volume measured in US dollars reached 330.35 billion US dollars, increasing by 5.9% year-on-year. It rebounded by 7 percentage points compared to October and successfully reversed the negative growth situation in the previous month. It was significantly higher than the growth rate range of 3.4%-4% previously predicted by international institutions such as The Wall Street Journal and Reuters, fully demonstrating the strong recovery momentum of China's export trade.