China’s exports rose 36.3% in September to $447.18bn, the biggest monthly gain since 2021. Tech-related shipments and AI-linked demand helped drive the increase despite weaker domestic growth.
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01Summary
- 01Exports rose 36.3% year-on-year in September to $447.18bn, up from 25% growth in August.
- 02The increase was the biggest monthly rise in China’s exports since 2021, when pandemic effects distorted trade figures.
- 03Semiconductor exports surged more than 108% and shipments of automatic data processing machines jumped nearly 55%.
- 04Imports rose 31% in September, while China’s trade surplus for the first nine months of the year reached $938.1bn.
- 05China’s exports to ASEAN rose more than 52% to $81.7bn, to the EU by 25.3% to $60.15bn, and to the US by 39.6% to $47.88bn.
02Why it matters
The figures suggest export strength is helping offset China’s softer domestic economy and slowing growth. They also show how demand linked to artificial intelligence is feeding into global trade flows.
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