China achieved a historic trade surplus of $990 billion in 2024, surpassing the surplus of the previous year. China’s exports reached $3.58 trillion, while imports stood at $2.59 trillion.

The significant increase in exports, particularly in December, contributed to a record monthly surplus of $104.8 billion.

Despite a slowdown in imports of manufactured goods, China continues to strengthen its domestic manufacturing policies through the “Made in China 2025” initiative, further solidifying its position as the world’s largest exporter.

However, with this growth, trade pressures from international partners are mounting, raising concerns about escalating trade disputes that could affect global economic stability.