公布了！中国贸易顺差1.19万亿美元，对美国出口4200亿美元

Core Insights - The overall performance of China's foreign trade in 2025 is impressive, with significant growth in both exports and imports, leading to a record trade surplus [1][4][10]. Trade Data Summary - In December 2025, China's exports increased by 5.2% year-on-year in RMB terms and 6.6% in USD terms, while imports grew by 4.4% and 5.7% respectively, resulting in a trade surplus of over 800 billion RMB and 114.1 billion USD [1][3]. - For the entire year of 2025, China's total foreign trade exceeded 45 trillion RMB, a 3.8% increase year-on-year, with exports reaching 27 trillion RMB (up 6%) and imports at 18.5 trillion RMB (up 0.5%), resulting in a trade surplus of 8.5 trillion RMB [4][6]. - In USD terms, the total trade volume reached 6.35 trillion USD, a 3.2% increase, with exports at 3.77 trillion USD (up 5.5%) and imports at 2.58 trillion USD (flat) [6][10]. Trade Relationships - China remains the world's largest exporter and the second-largest importer, with a record trade surplus of 1.19 trillion USD, the highest ever recorded for any country [6][10]. - The trade volume between China and the US in 2025 was 559.7 billion USD, a decline of 18% year-on-year, with exports to the US dropping by 20% and imports decreasing by 14% [8][11]. - In contrast, trade with ASEAN reached 1.05 trillion USD (up 7.4%), with exports to ASEAN at 665.2 billion USD (up 13.4%), making it China's largest export market, followed by the EU [8][10]. Market Dynamics - Despite a significant drop in exports to the US, China's overall exports still grew by over 5%, primarily due to strong performance in non-US markets such as ASEAN and the EU, which together accounted for 1.22 trillion USD, three times the exports to the US [10][11]. - The growth in exports to other regions, including Latin America and Africa, was notable, with exports to Africa increasing by 25.6% [10].