China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
2 days ago · China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports.
China’s trade surplus in 2024 reached almost US$1 trillion
China’s trade last year hit a record-breaking surplus of US$992.1 billion, according to government data cited by multiple media outlets. Year-on-year, the figure represents an increase of 21 percent, and was the result of strong export numbers and weak domestic demand.
China trade surplus near $1 tn: takeaways from export surge ...
1 day ago · China’s exports gained momentum in December, and grew 5.9% year-on-year in 2024 to $3.58 trillion, according to customs data released by Beijing on Monday. Imports too showed some recovery, but grew much slower at 1.1% to $2.59 trillion – leading to a record trade surplus of $992.2 billion for the year.
China posts record trade surplus as export wave finds shores ...
2 days ago · Imports for the same period – with a year-on-year rise of 1.1 per cent to US$2.59 trillion – were not enough to narrow the gap, leading to a trade surplus of US$992.2 billion.
China’s trade surplus hits annual record of almost $1tn
2 days ago · China’s trade surplus with the rest of the world reached a record of almost $1tn in 2024, official data showed on Monday, just a week before Donald Trump is set to take office with a vow to ...
China posts record $992 bil. trade surplus in 2024 | NHK ...
1 day ago · China's trade surplus hit a record high in 2024 with exports leading the country's economy. Customs authorities say the surplus came to 992.1 billion dollars. Exports grew 5.9 percent from the ...
China Balance of Trade - TRADING ECONOMICS
China's trade surplus soared to USD 104.84 billion in December 2024, up from USD 75.31 billion in the same period a year earlier, surpassing expectations of USD 99.80 billion. It was the largest trade surplus since February, driven by a surge in exports.