Exports in the first two months of 2026 show strong growth, with a year-on-year increase of 21.8% exceeding expectations

WealthCoffee · 2026-03-10T05:53:29+00:00

China's exports started strong in 2026, with a 21.8% year-on-year increase in the first two months, exceeding expectations; imports also grew by 19.8%, and the trade surplus increased by 26.2%. This trend benefits from the global manufacturing recovery and adjustments to export tax rebate policies.

WealthCoffee

2026-03-10 05:53:29

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Caixin or benefiting from the improvement in global manufacturing prosperity, China’s export tax rebate policy adjustments, and the “export rush” effect, China’s exports started 2026 strongly, with a significant year-on-year increase of 21.8% in the first two months, far exceeding market expectations.

According to data released by the General Administration of Customs on March 10, in USD terms, China’s exports for January-February 2026 totaled $656.58 billion, a year-on-year increase of 21.8%, with the growth rate significantly higher by 11.8 percentage points compared to the entire previous year; imports during the same period reached $442.96 billion, up 19.8% year-on-year, while total imports for the previous year showed zero growth; during the same period, the trade surplus was $213.62 billion, a year-on-year increase of 26.2%.

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