Despite US tariffs, China’s trade surplus exceeds 1 trillion dollars

Though Chinese exports to the US have declined almost 19% since the start of Trump’s tariff war in April, it has been able to diversify both its export destinations as well as the basket of goods to counter the effects.

by Abdul Rahman

Part 1

China’s yearly trade surplus crossed the one trillion USD mark for the first time ever in November, as per customs data released on Monday, December 8. The figure is seen as a sign of Chinese resilience in the face of the tariff war waged by the US.

As per the official data, Chinese exports registered a growth in November, reversing the 1.1% contraction the previous month due to its rising demands in various regions outside the US.

Chinese exports climbed 5.9% in November in comparison to the same month last year while imports grew by 1.9%. China exported goods and services worth over 330 billion US dollars in the month. The total value of imports in the same month stood at nearly 219 billion US dollars, generating a surplus of over 111 billion.

In the first 11 months of 2025, China registered a total trade of over USD 5.71 trillion, up 3.6% year on year with the November figures, taking China’s total trade surplus to USD 1.08 trillion for the first time ever.

Last year China had a total trade surplus of USD 992 billion.

Source, links:

https://peoplesdispatch.org/2025/12/10/despite-us-tariffs-chinas-trade-surplus-exceeds-1-trillion-dollars/

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