China’s export sector delivered a stellar performance in March 2025, growing by 12.5% year-on-year, as global markets snapped up Chinese goods. Key drivers included high-tech products, renewable energy equipment, and consumer electronics. However, imports extended their decline, dropping 1.9%, signaling that domestic demand remains fragile amid economic headwinds.
The widening trade surplus ($58 billion) underscores China’s export resilience but also highlights an uneven recovery. While factories hum with overseas orders, local businesses and households remain cautious, with weak retail sales and a sluggish property market weighing on growth. Analysts suggest that Beijing may need additional fiscal measures to stimulate domestic consumption.
