China’s September Exports Beat Forecasts, Imports Hit 17-Month High

Beijing – China’s exports grew faster than expected in September, while imports rose at the quickest pace since April 2024, showing signs of recovery in trade momentum despite growing tensions with the United States.

Official customs data released on Monday showed that exports increased 8.3% year-on-year in U.S. dollar terms, stronger than the 7.1% growth predicted by analysts. The performance marked a clear rebound from August, when exports slowed to a six-month low.

Imports also jumped 7.4% from a year earlier, far exceeding expectations of a 1.5% rise. It was the strongest import growth in more than a year, reflecting stronger domestic demand and higher purchases of key industrial goods.

The data comes as Beijing and Washington remain at odds over new tariffs and export restrictions. U.S. President Donald Trump recently announced plans for an additional 100% levy on Chinese exports and tighter controls on advanced technology exports. China responded by expanding its own restrictions on rare earth materials and adding U.S. chip consulting firm TechInsights to its “unreliable entities” list.

Both countries are also set to impose port fees on each other’s cargo ships starting October 14, with both sides charging 400 yuan ($56) per ton. The standoff adds to uncertainty in global trade at a time when China’s manufacturing sector is seeking to maintain stability.

At a press briefing, China Customs spokesperson Lyu Daliang said that raising tariffs and port fees would hurt businesses and global growth. “China hopes the U.S. will return to dialogue and cooperation,” he said.

The Commerce Ministry also urged the U.S. to cancel its tariff threats and resume talks, stating that using pressure tactics “is not the right way to deal with China.”

Despite the improved trade numbers, Customs Vice Minister Wang Jun cautioned that the outlook for the final quarter remains uncertain because of weak global demand and last year’s high base.

China remains the world’s leading exporter, and its strong performance in September may help support broader economic growth. However, economists warn that ongoing trade frictions and slowing overseas demand could limit gains in the months ahead.