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China's trade surplus reaches $938 billion as September exports surge 36.3%

China's customs agency reported September imports rose 31% and the monthly surplus widened to $133.5 billion.

The short version

  • China's customs agency said September exports rose 36.3% from a year earlier.[Associated Press · ABC News]
  • The January-September trade surplus reached $938 billion, with expectations it could surpass last year's $1.2 trillion record.[Associated Press · ABC News]
  • September imports rose 31%, and the monthly trade surplus widened to $133.5 billion.[Associated Press · ABC News]
  • The IMF cut its 2026 China growth forecast to 4.5%, saying exports cannot fully offset domestic weaknesses.[Associated Press · ABC News]

Key facts

What remains uncertain

  • Whether the surplus will surpass last year's $1.2 trillion record is only an expectation that reporting describes as growing, not a confirmed outcome.[Associated Press · ABC News]
  • China's denial of currency-driven competitiveness is its own position, and the reporting does not independently test it.[Associated Press · ABC News]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.