China's Goods Trade Grows 3.6% in First 11 Months

According to customs statistics, China's total goods trade value reached 41.21 trillion yuan in the first 11 months of 2025, marking a 3.6% year-on-year increase. Exports amounted to 24.46 trillion yuan, up 6.2%, while imports totaled 16.75 trillion yuan, rising 0.2%. In November, China's goods trade growth rebounded, with total imports and exports reaching 3.9 trillion yuan, up 4.1%. Exports amounted to 2.35 trillion yuan, rising 5.7%, while imports totaled 1.55 trillion yuan, increasing 1.7%.

Key features of China's imports and exports in the first 11 months:

1.Growth in general trade and processing trade imports and exports

In the first 11 months, China's general trade imports and exports reached 26.04 trillion yuan, up 2.1%, accounting for 63.2% of total foreign trade. Processing trade imports and exports amounted to 7.74 trillion yuan, up 7.3%, accounting for 18.8%. Bonded logistics imports and exports totaled 5.92 trillion yuan, up 5.5%, accounting for 14.4%.

2.Growth in Trade with ASEAN and the EU

In the first 11 months, ASEAN remained China's largest trading partner, with bilateral trade totaling 6.82 trillion yuan, up 8.5%, accounting for 16.6% of China's total foreign trade value. The EU was China's second-largest trading partner, with bilateral trade reaching 5.37 trillion yuan, up 5.4%, accounting for 13% of China's total foreign trade value. The United States ranked as China's third-largest trading partner, with bilateral trade totaling 3.69 trillion yuan, down 16.9% year-on-year, accounting for 8.9% of China's total foreign trade. During the same period, China's total imports and exports with countries participating in the Belt and Road Initiative reached 21.33 trillion yuan, up 6%.

3.Growth in Imports and Exports by Private Enterprises and Foreign-Invested Enterprises

In the first 11 months, private enterprises recorded imports and exports totaling 23.52 trillion yuan, up 7.1%, accounting for 57.1% of China's total foreign trade value, an increase of 1.8 percentage points over the same period last year. Foreign-invested enterprises recorded imports and exports of 12.07 trillion yuan, up 3.5%, accounting for 29.3% of China's total foreign trade value. State-owned enterprises recorded imports and exports of 5.53 trillion yuan, down 8.6%, accounting for 13.4% of China's total foreign trade value.

4.Machinery and Electrical Products Account for Over 60% of Exports; Integrated Circuits and Automobiles Show Significant Growth

In the first 11 months, China's exports of mechanical and electrical products reached 14.89 trillion yuan, up 8.8%, accounting for 60.9% of total exports. Among these, exports of automatic data processing equipment and their components amounted to 1.31 trillion yuan, down 1.3%; integrated circuits reached 1.29 trillion yuan, up 25.6%; and automobiles totaled 896.91 billion yuan, up 17.6%.