China Posts Second-Largest Trade Surplus on Record
2026-07-14 02:43
By
Chusnul Chotimah
1 min. read
China’s trade surplus widened to USD 125.62 billion in June 2026 from USD 113.89 billion in the same period of 2025, surpassing expectations of USD 121 billion and marking the second-largest monthly trade surplus on record.
Export growth accelerated to 27.0% year-on-year, reaching a record high of USD 412.39 billion, up from May’s 19.4% growth and above forecasts of 18.2%, driven by strong demand for AI-related technology products and a rush by manufacturers to ship goods to the US ahead of potential new tariffs.
Meanwhile, imports surged 36.0% yoy to a record high of USD 286.76 billion, exceeding expectations of 24.0%, and accelerating from a 27.4% jump in May, marking the fastest pace since June 2021.
China’s trade surplus with the US rose to USD 28.9 billion in June from USD 26.02 billion in May.
For H1 of 2026, China’s trade surplus reached USD 575.98 billion, down from USD 586 billion in the same period of 2025, as exports rose 17.6% while imports grew at a faster pace of 26.6%.