China’s Surplus Tops $1 Trillion As November Exports Rebound

Benzinga

China’s exports jumped 5.9% in November, pushing its 2025 trade surplus above $1 trillion for the first time. Shipments to the U.S. plunged, but strong demand from other regions kept exports resilient as China targets 5% growth and expands advanced manufacturing.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:03China's exports rose 5.9% in November after a contraction in October,

00:08lifting its $2,025-denominated trade surplus past $1 trillion for the first time, according to AP.

00:15Exports rose 5.9% in November, while imports increased just under 2%.

00:20Shipments to the U.S. fell nearly 29%, but China is expanding exports across Southeast Asia,

00:26Africa, Europe, and Latin America.

00:28The nearly $1.08 trillion surplus for the first 11 months surpassed the full-year 2024 total.

00:36Economists said November's figures may not yet reflect tariff cuts from the recent U.S.-China truce.

00:42China is expected to meet its target of roughly 5% annual growth as exports remain strong.

00:48Leaders have also set a five-year agenda centered on expanding advanced manufacturing.

00:52For all things money, visit Benzinga.com.

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