📈 China’s Trade Surplus Climbs to Record $1.14 Trillion in June 2025 (LTM)

China’s goods trade surplus surged 32.7% year-over-year, reaching an all-time high of $1.14 trillion in the twelve months ending June 2025. Since the start of the U.S.-China trade war in 2018, the surplus has more than tripled—underscoring the sustained strength of China’s export sector despite ongoing global trade tensions.