JAKARTA – China’s trade balance recorded a surplus of CN¥1.96 trillion, or approximately USD 268.59 billion, in the first quarter (Q1) of 2025.

The surplus in Q1 2025 reflects a 1.3% year-on-year (yoy) increase compared to the same period last year, according to data from China’s Customs Authority as quoted by Xinhua, the state-run media outlet.

This surplus was driven by China’s export realisation of CN¥6.13 trillion (around USD 840.2 billion), while imports stood at only CN¥4.17 trillion (around USD 571.9 billion).

Chinese exports in Q1 2025 rose by 6.9%, while total imports increased by 6%.

Tensions between China and the United States have continued to escalate since early April 2025, after US President Donald Trump imposed reciprocal tariffs on all goods imported from China. The US has raised tariffs on Chinese goods to as high as 125%, while China has retaliated with counter-tariffs on US imports. (KR/ZH)