China Exports Rise More Than Expected

2026-11-10 02:39 By Judith Sib-at 1 min. read

China’s exports increased 35.2% year-on-year to $412.33 billion in October 2026, surpassing market forecasts of 33.5% growth but slightly lower than September's 36.3% surge.

The country's exports continued to benefit from strong demand for chips and AI-related hardware, with exports of integrated circuits soaring 137.1%.

Improved US-China relations also provided support after both sides agreed in September to extend the broader trade truce through January, alongside several other trade measures.

Exports to the US rose 32.9%, while shipments to the EU increased 24.4%.

Exports to ASEAN countries, China’s biggest trading partner by bloc, surged 46.3%.

Meanwhile, the EU and China reached a deal last month to cut Chinese hybrid vehicle exports to the bloc by more than half over the coming years, with the restrictions set to take effect on December 1.

President Xi Jinping and President Donald Trump are expected to hold their third meeting of the year next week at the APEC summit in Shenzhen.



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China Exports Rise More Than Expected
China’s exports increased 35.2% year-on-year to $412.33 billion in October 2026, surpassing market forecasts of 33.5% growth but slightly lower than September's 36.3% surge. The country's exports continued to benefit from strong demand for chips and AI-related hardware, with exports of integrated circuits soaring 137.1%. Improved US-China relations also provided support after both sides agreed in September to extend the broader trade truce through January, alongside several other trade measures. Exports to the US rose 32.9%, while shipments to the EU increased 24.4%. Exports to ASEAN countries, China’s biggest trading partner by bloc, surged 46.3%. Meanwhile, the EU and China reached a deal last month to cut Chinese hybrid vehicle exports to the bloc by more than half over the coming years, with the restrictions set to take effect on December 1. President Xi Jinping and President Donald Trump are expected to hold their third meeting of the year next week at the APEC summit in Shenzhen.
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