China’s exports jump in December

China’s exports jumped in December, beating expectations, as exporters continue to send shipments amid growing concerns about additional tariffs as Donald Trump takes office.

According to data released today, Chinese exports in US dollars rose 10.7% last month on an annual basis, compared to expectations of a 7.3% increase. Imports rose 1%, compared to expectations of a 1.5% decline, according to Reuters.

Chinese exports rose 6.7% in November, while imports fell 3.8% during the same period.

Chinese exports in yuan rose 7.1% last year, compared to a 0.6% increase in 2023. Imports rose 2.3% in 2024, after falling 0.3% in the previous year.

Chinese exports of electric vehicles and semiconductors rose 13.1% and 18.7%, respectively, last year.