China Exports Hit New Record High

China’s exports surged 19.4% year-on-year to a record high of USD 376.78 billion in May 2026, far exceeding forecasts of 15% and accelerating sharply from April’s 14.1% rise. It was the fastest increase since February, as companies continued to build inventories to pre-empt energy price pressures stemming from the ongoing war in the Middle East, while persistent demand for semiconductors and AI hardware also supported exports. For the first five months of the year, total exports still rose 15.5% year-on-year to USD 1.71 trillion. During the period, exports increased to ASEAN countries (20.3%), the EU (16.4%), Hong Kong (45.5%), South Korea (28.5%), and Japan (7.1%), but declined to the US (-2.7%). Increases in export volumes were recorded for rare earths (2.2%), pharmaceuticals (7.6%), fertilizer (11.9%), unwrought aluminum and aluminum products (10.4%), and integrated circuits (8.7%), while volumes declined for refined oil (-12.0%), shoes and boots (-5.7%), and steel (-8.1%).

Profit
Everyone's racing to cut costs. We're racing to create profit.
Start Selling through Service





