Loading...
Market
Percentage Growth of China's Total Trade in 2025 Compared to 2024?
3
Resolution / Starting Odds
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
Official trade data from China's General Administration of Customs
Story
China's Trade Surplus Hits Record $1 Trillion with Exports Surging 10.7% Ahead of Trump's Return
Jan 13, 2025, 07:31 AM
China's trade surplus soared to a record of nearly $1 trillion in 2024, driven by record exports totaling $3.6 trillion as companies rushed to ship goods ahead of U.S. President-elect Donald Trump's return to the White House and potential new tariffs. Exports grew 10.7% year-on-year in December to $336 billion, beating estimates and marking an acceleration from previous months. The surge was propelled by strong demand for vehicles, with vehicle exports rising 22.8% in 2024 to 6.41 million units. Production and sales of new energy vehicles (NEVs) both exceeded 12 million units, accounting for over 40% of total vehicle sales and maintaining the world's leading position for the tenth consecutive year. China's total trade reached $6.2 trillion in 2024. Imports remained weak due to cautious spending by businesses and households, contributing to the record surplus. Analysts warn that the unprecedented surplus could heighten trade tensions with the U.S. as Trump's promised tariffs threaten to dampen export growth.
View original story
Similar markets
2.1-4% • 25%
0-2% • 25%
Above 6% • 25%
4.1-6% • 25%
More than 30% • 25%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
Lower than 2023 • 25%
Same as 2023 • 25%
Higher than 2023 • 25%
Significantly lower (by more than 5%) • 25%
3% to 5% • 25%
Less than 3% • 25%
More than 7% • 25%
5% to 7% • 25%
More than 6% • 25%
Less than 5% • 25%
5% to 5.5% • 25%
5.5% to 6% • 25%
4% to 4.9% • 25%
6% or above • 25%
Below 4% • 25%
Above 6% • 25%
5% to 6% • 25%
4% to 5% • 25%
5% to 5.9% • 25%
Below 4.5% • 25%
Above 4.5% • 25%
Exactly 4.5% • 25%
4.0% or lower • 25%
