China Trade Data 2026: Exports, Imports & Surplus

Monthly exports, imports, and trade balance — based on GACC customs statistics. Source: China General Administration of Customs.

Quick answer
China's trade surplus widened to $105.4B in May 2026

Exports reached $376.8B, imports held at $271.4B, and Jan-May 2026 trade climbed to $2.98T (+19.2% YoY), based on official GACC customs data.

Latest month
2026-05
Exports
$376.8B
Imports
$271.4B
Source
GACC · Updated Jun 22

Monthly Trade Summary (2026)

Month Exports ($B) Imports ($B) Surplus ($B) Total Trade YoY
January 357 234 122 +15.7%
February 300 209 91 +27.7%
March 321 270 51 +12.7%
April 359 275 85 +18.7%
May 377 271 105 +22.6%

📊 May 2026: Exports Hit $376.8B, Surplus Widens Above $100B

China's total goods trade reached $648.1 billion in May 2026, the highest monthly reading so far this year. Exports rose to $376.8 billion while imports eased slightly to $271.4 billion, widening the monthly trade surplus to $105.4 billion. Versus April, total trade increased 2.2% and exports rose 4.8%, while imports slipped 1.2%.

The bigger story is cumulative: Jan-May trade reached $2.98 trillion (+19.2% YoY), with exports at $1.71T (+15.5%) and imports at $1.26T (+24.5%). That mix suggests May's stronger surplus came from export acceleration rather than a collapse in import demand. For the full series, see the China monthly trade dataset and the country trade hub.

Read Full May 2026 Analysis →

📊 April 2026 Archive: Surplus Rebounded to $84.8B

China's trade surplus rebounded sharply to $84.8 billion in April 2026, as exports climbed to $359B (+14.1% YoY) while imports held at $275B (+25.3% YoY). The export surge was driven by strong ASEAN demand and continued semiconductor front-loading ahead of anticipated US export controls.

On a year-to-date basis, China's total trade reached $2.32 trillion through April 2026 (+18.2% YoY), with exports at $1.34T and imports at $0.99T.

Read Full April 2026 Analysis →

📊 March 2026 Archive: Tariff Shockwaves Bite

China's trade surplus narrowed 44% to $51 billion in March 2026, as the front-loading effect that inflated Q1 exports began to reverse. Exports remained strong at $321B, but imports surged to $270B as tariff deadlines approached.

Key developments: 90% collapse in China-Iran trade, 50% surge in China-Japan trade, and a record semiconductor import wave.

Read Full March 2026 Analysis →

🔗 Related Resources

Data source: China General Administration of Customs (GACC) Monthly Statistics Bulletin.

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