China Trade Surplus Largest in 4 Months
2026-06-09 02:47
By
Chusnul Chotimah
1 min. read
China’s trade surplus widened to USD 105.43 billion in May 2026 from USD 102.72 billion in the same period of 2025, surpassing expectations of USD 92.1 billion and marking the largest trade surplus since January.
Export growth accelerated to 19.4% year-on-year, reaching a record high of USD 376.78 billion, up from April’s 14.1% increase and above forecasts of 15% as companies continued to build inventories to pre-empt energy price pressures stemming from the ongoing war in the Middle East.
Meanwhile, imports jumped 27.4% yoy to USD 271.35 billion, above expectations of 25%, and accelerated from 25.3% growth in April amid the government's efforts to boost domestic consumption.
China’s trade surplus with the US climbed to USD 26.02 billion in May from USD 23.07 billion in April.
For the first five months of 2026, China’s trade surplus reached USD 451.71 billion, down from USD 471.9 billion in the same period of 2025, as exports grew 15.5% while imports rose at a faster pace of 24.5%.