AI Data Insight
In April 2026, China's cumulative export value reached 119,136.88 billion RMB, representing a strong jump from the previous 93,280.19 billion RMB and significantly beating market consensus. This growth was primarily driven by AI hardware demand, explosive auto exports, and a wave of front-loading triggered by tariff concerns. Looking ahead, it is necessary to monitor the medium-term risks of fading front-loading effects and slowing new orders.