China’s exports reached a record 447.18 billion dollars in September 2026, marking a 36.3% year-over-year surge that far exceeded analysts’ forecasts of 25.5%. This exceptional growth was driven by global demand for AI-related components, particularly integrated circuits and semiconductors, with exports increasing by over 100% year-over-year. The monthly trade surplus stood at 133.53 billion dollars, while cumulative surplus over the first nine months of 2026 totaled 938.51 billion dollars, pointing to an annual surplus likely surpassing one trillion dollars. The strongest destination markets were South Korea (+39.1%), Taiwan (+37.3%) and ASEAN nations (+28.7%).
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