# China’s monthly imports grow at fastest pace in five years as surplus crosses $1 trillion in 2026

- URL: https://talkfuse.com/story/chinas-monthly-imports-grow-at-fastest-pace-in-five-years-as-surplus-crosses-1-trillion-in-2026/
- Published: 2026-11-10T05:03:55+00:00
- Updated: 2026-11-10T05:23:02+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/10/china-trade-october-exports-imports-surplus-.html
- Topics: Asia, Business, Elections, Politics, World

## Key points

- October imports grew at their fastest pace in five years.
- China’s year-to-date trade surplus reached $1.04 trillion.
- Strong exports contrast with weak household consumption.

## Summary

China’s imports grew at their fastest pace in five years in October, while its trade surplus passed $1 trillion for the year. The figures highlight strong demand for technology and energy imports, but also an imbalance: exports remain robust as household spending at home stays weak.

Imports of high-tech products rose 72% by value year on year; crude oil, liquefied natural gas and coal imports increased by about 41%, 50% and 60%. October’s surplus was $105.3 billion, the lowest since April, while the year-to-date surplus reached $1.04 trillion, against a record $1.2 trillion for all of 2025. Exports to the US rose 32.9% in value, partly reflecting a low comparison base after tariff hikes last year; leaders Xi Jinping and Donald Trump are expected to meet at next week’s APEC summit.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.