Data released by the General Administration of Customs on March 10 showed that in the first two months of 2026, China's total goods trade value reached 7.73 trillion yuan, with year-on-year growth returning to double digits at 18.3%. Exports amounted to 4.62 trillion yuan, up 19.2% year-on-year, while imports reached 3.11 trillion yuan, rising 17.1% year-on-year.

By trade mode, general trade imports and exports reached 4.78 trillion yuan in the first two months, up 13.5%; processing trade imports and exports totaled 1.43 trillion yuan, rising 19.3%; and bonded logistics imports and exports amounted to 1.24 trillion yuan, surging 36.9%.

By trading partner, China's trade with ASEAN reached 1.24 trillion yuan in the first two months, growing 20.3%; China's trade with the EU totaled 998.94 billion yuan, up 19.9%; China's trade with the United States totaled 609.71 billion yuan, down 16.9%. During the same period, China's total imports and exports with countries participating in the Belt and Road Initiative reached 4.02 trillion yuan, up 20%.

By trading entities, private enterprises recorded imports and exports of 4.51 trillion yuan in the first two months, up 22.8%; foreign-invested enterprises reached 2.2 trillion yuan, up 15.3%; and state-owned enterprises totaled 1 trillion yuan, up 7.4%.

By key commodities, on the export side, China shipped 2.89 trillion yuan worth of machinery and electrical products in the first two months, up 24.3%; labor-intensive products reached 702.67 billion yuan, up 15.6%; and agricultural products totaled 120.01 billion yuan, rising 9.7%. On the import side, China imported 1.21 trillion yuan worth of machinery and electrical products, up 21.3%; 210 million tons of iron ore, increasing by 10%; and 96.934 million tons of crude oil, up 15.8%.