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BuzzChina
Home›Buzz›China’s exports jump 12.4% in March as bigger US tariff hikes loom
The Buzz

China’s exports jump 12.4% in March as bigger US tariff hikes loom

By -
Tuesday, April 15, 2025
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China’s exports jumped 12.4% in March from a year earlier in a last-minute flurry of activity as companies rushed to beat increases in U.S. tariffs imposed by U.S. President Donald Trump, and analysts forecast sharp setbacks ahead.

Imports fell 4.3% to $211.3 billion in March, the customs administration reported, far exceeded by exports worth $313.9 billion, leaving a trade surplus of $102.6 billion.

“But shipments are set to drop back over the coming months and quarters,” Julian Evans-Pritchard of Capital Economics said in a report. “We think it could be years before Chinese exports regain current levels.”

China’s trade surplus surged to a record $992.2 billion in 2024 and its exports climbed 5.4%, helping to make up for sluggish growth at home as the country slowly recovers from a crisis in its property market and lingering impacts of the COVID-19 pandemic.

China’s trade surplus with the United States was $27.6 billion in March as its exports rose 4.5%. It logged a surplus of $76.6 billion with the U.S. in January-March even though exports were up only 2.3% the first two months of the year.

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