China sees trade surplus as more partners shift from US

November’s trade data for China had already surpassed the full-year trade surpluses in previous year. December was simply the icing on the cake.

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December posted a $114.1 billion surplus, marking the seventh consecutive month with surplus exceeding $100 billion. This brought China’s full-year 2025 surplus to $1.19 trillion, up 20% from 2024. The total value of exports rose 5.5% to $3.77 trillion.

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Greg Wittbecker

Veteran aluminum executive Greg brings over 40 years of leadership experience from Alcoa, Cargill, and CRU. He offers rare depth in commercial strategy, policy analysis, and industry evolution, with expertise spanning the trading floor to the boardroom. You can reach Greg at Greg.Wittbecker@crugroup.com or 865-621-4564.