Business · Trade · 3 hrs ago
China's October goods trade rose 31.2% year on year
China's goods trade reached 4.87 trillion yuan in October, up 31.2% from the same month a year earlier.
Exports rose 28.7% to 2.79 trillion yuan, while imports increased 34.7% to 2.08 trillion yuan.
In the first 10 months of 2026, trade totalled 44.81 trillion yuan, 20% higher than a year earlier.
Over that period, trade with the Association of Southeast Asian Nations grew 24.2%, while trade with the European Union and the United States rose 8.5% and 6.3%.
Private firms handled 25.46 trillion yuan in trade, and exports of machinery and electrical products rose 25.2%.
Imports of crude oil fell 15.1% by volume, even as imports of machinery and electrical products grew 35%.
China’s goods trade totaled 4.87 trillion yuan in October, up 31.2% year on year.
Exports were 2.79 trillion yuan, up 28.7%, while imports were 2.08 trillion yuan, up 34.7%.
In the first 10 months of the year, goods trade reached 44.81 trillion yuan, up 20%.
The figures were released by China’s General Administration of Customs on November 10.
- Who
- China’s General Administration of Customs released the figures.
- What
- China’s October goods trade totaled 4.87 trillion yuan, up 31.2% year on year.
- When
- October 2026; the figures were announced on November 10.
- Where
- China.
- Why
- Not stated.
This story does not have two clearly opposing sides.
China’s goods trade totaled 4.87 trillion yuan, up 31.2% year on year.
China’s General Administration of Customs released the trade figures.
- October goods trade
- 4.87 trillion yuan
- Year-on-year growth
- 31.2%
- October exports
- 2.79 trillion yuan; up 28.7%
- October imports
- 2.08 trillion yuan; up 34.7%
- First 10 months’ goods trade
- 44.81 trillion yuan; up 20%