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China’s 2025 trade surge defies economic headwinds and US tensions

A historic trade boom masks deeper cracks in China’s economy. Can the US truce hold—or will tensions derail progress by 2026?

The image shows a graph depicting the foreign exchange rate of China from 1985 to 2015. The graph...
The image shows a graph depicting the foreign exchange rate of China from 1985 to 2015. The graph is accompanied by text that provides further information about the rate.

Vice-Minister: China's Trade Volume Hits 'New Historical High' by 2025 - China’s 2025 trade surge defies economic headwinds and US tensions

China’s trade activity hit a record high in 2025, despite ongoing economic challenges. The total value of imports and exports climbed to 45.47 trillion yuan (€5.6 trillion), marking a 3.8% increase from the previous year. This growth came amid persistent trade tensions with the United States, which had earlier disrupted export performance.

The trade dispute with the US weighed on China’s exports throughout much of 2025. However, by late October, both nations agreed to a temporary easing of restrictions, giving negotiators until the end of 2026 to finalise a long-term solution.

For the first time, China’s combined imports and exports surpassed the 45 trillion yuan mark. Exports, a long-standing pillar of the economy, helped push the overall trade volume to a historic peak. Yet the broader economic picture remains strained, with issues like weak domestic spending, high youth unemployment, an ageing workforce, and a lingering real estate debt crisis still unresolved.

The 2025 trade figures reflect China’s ability to sustain growth in exports, even under pressure. With the temporary US agreement in place, attention now shifts to whether a permanent resolution can be reached by the 2026 deadline. Meanwhile, the country’s economic challenges persist beyond the trade sector.

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