China`s trade surplus surged to a record of almost USD 1.2 trillion in 2025, the government said on Wednesday, as exports picked up in December. Customs data showed that China`s global surplus rose 20 per cent from the previous year, with exports at USD 3.77 trillion and imports at USD 2.58 trillion. The 2024 trade surplus was USD 992 billion.

China`s exports for December were up 6.6 per cent from the previous year, better than economists` estimates and higher than November`s 5.9 per cent year-on-year increase. Imports in December were up 5.7 per cent year-on-year, compared to November`s 1.9 per cent.