ECONOMY

China’s Exports Bounce Back, Beating Expectations

Published: Dec. 8, 2025 7:29 p.m. GMT+8

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Yantai Port in Shandong province. Photo: VCG

China’s exports returned to growth in November, beating market expectations as a low comparison base and fading holiday effects helped lift shipments after a decline in the previous month.

The General Administration of Customs said Monday that exports rose 5.9% year-on-year in dollar terms, up 7 percentage points from October. Imports grew 1.9%, up 0.9 percentage points from October.

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China’s exports rose 5.9% year-on-year in November, surpassing forecasts; imports increased by 1.9%.
The trade surplus widened to $111.7 billion, the highest in H2 2023.
Exports to the U.S. fell 28.8%, while shipments to the EU rose 14.3% and to Africa grew 28.2%.

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