China’s commercial surplus in July 2025 increased year -on -year due to exports that overcome forecasts, as companies used the fragile customs ceasefire between Beijing and Washington to transport goods before they come into effect stricter US duties. TASR reports this based on Reuters and RTTNEWS reports.
According to the customs data, China’s business surplus increased to $ 98.24 billion (€ 84.66 billion) from $ 85.27 billion in the same month of the previous year in July 2025. However, it was less than $ 114.77 billion in June 2025 and lagged behind the estimates of the analysts who expected a surplus of $ 105 billion in July.
The increase in expectations
The customs data further showed that exports from China in July increased by 7.2 % to $ 321.8 billion year -on -year. This was a greater increase than 5.4 %, which were envisaged by analysts, as well as June 5.8 %. The July export growth was the fastest since April.
I imports increased in July by 4.1 % to a five -month maximum of $ 223.5 billion, while analysts expected it to fall by 1 % after an increase of 1.1 % in the previous month. July was in a row for the second month, when importing increased, which reflects Beijing’s efforts to support home demand.
The politically sensitive trade surplus of China with the US fell to $ 23.74 billion from $ 26.57 billion in June in July, and exports to the United States decreased by 21.7 % and imports by 18.9 %.
The US is approaching a business agreement
Trump said on Tuesday (5 August) that the US is close to trade agreement with China and that it will meet its Chinese counterparts Jin-pching before the end of the year if the two largest economies of the world agree.
However, analysts expect only a little alleviation of the commercial pressure on China. In the second half of the year, the growth of exports is likely to slow down sharply as it will be influenced by persistent high duties, renewed interventions of President Trump and deteriorating relations with the European Union (EU) for State Beijing support to Chinese producers who then flood markets abroad with cheap goods.