World trade China's exports fall by 1.1 percent

SDA

7.11.2025 - 05:14

The Chinese export engine is stuttering: Exports fell surprisingly in October. (symbolic image)
The Chinese export engine is stuttering: Exports fell surprisingly in October. (symbolic image)
Keystone

China's exports fell unexpectedly in October. According to the Beijing customs authority, exports fell by 1.1 percent year-on-year.

Keystone-SDA

Imports, on the other hand, increased slightly by one percent. Analysts had expected only slight growth in exports, but not a decline.

So far this year, China's exports have proven to be robust despite the trade dispute with the USA. Business with other regions in particular has supported exports. Experts now attribute the latest decline partly to a base effect, as exports had risen particularly strongly in October last year. Some economists also point out that companies may have brought forward deliveries in the previous months in order to avoid possible new tariffs.

Easing the trade dispute

Last week, US President Donald Trump and Chinese President Xi Jinping met and agreed on a slight easing of the trade dispute. The impact of this on trade is likely to become clear in the coming months. The US agreed to reduce its tariffs on Chinese goods by ten percent, while China held out the prospect of importing larger quantities of US soybeans, among other things.