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Last month, China's exports to the United States rose 35.4% year-on-year, continuing a rebound after a decline in 2025 due to tariffs. On June 9, China's General Administration of Customs said total exports in May rose 19.4%, while imports were up more than 27% year-on-year. Both figures were higher than April and stronger than economists' forecasts in Reuters. The May trade surplus thus rose to $105.4 billion. Specifically for the U.S. market, exports rose 35.4% year-on-year. This was the fastest pace since March 2021, according to Wind Information. U.S.-China trade remains on a recovery path, after double-digit declines for most of last year due to import tariff pressures. On China Daily, experts say that cooling of trade tensions after U.S. President Donald Trump’s visit to China in mid-May could reduce uncertainties for Beijing's exports, as well as for U.S. businesses. "Cooperation with the United States helps reduce external uncertainties for China, thereby contributing significantly to maintaining economic stability, and vice versa," said Zhu Min, former deputy managing director of the IMF. U.S. import duties on Chinese goods are currently around 10%, after the Supreme Court rejected tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA) in late February. However, tariffs under other statutes for sectors such as aluminum, steel, and cars remain at 10-50%. In May, China's exports were driven by global demand for high-tech products. This demand is expected to remain strong in the second half of the year, providing essential support for the country's economic growth. Robin Xing, Morgan Stanley's chief China economist, said China's exports show remarkable resilience, aided by a wave of global investment in artificial intelligence (AI) and the sustained growth cycle of the energy sector. Xing noted Chinese firms have built core competitive strengths in printed circuit boards (PCBs), optical components, and memory chips, allowing them to benefit from the AI hardware growth. According to the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, in the first four months of the year, the volume of integrated circuit (IC) exports rose 10.6%, while export value rose 78.3%. In the energy sector, Xing said large-scale AI data centers require enormous amounts of electricity. China currently holds a leading position in the global energy transition, from wind turbine components and solar cells to grid equipment and energy storage devices. According to the General Administration of Customs of China, in the first four months of the year, exports of electric vehicles rose 68.1% year-on-year. Exports of lithium batteries rose 43.2%, wind turbine equipment rose 40.7%. Hà Thu (according to Reuters, China Daily).
