AI Data Insight
The latest data shows that the monthly value of China's ordinary trade surplus in Q3 2026 recorded RMB 596.75 billion, a decline of about 14.3% compared to RMB 696.35 billion in the previous Q2. Although the surplus narrowed month-on-month, benefiting from strong demand for AI chips and the "advance shipping" effect to evade US and European tariffs, overall exports still bucked the trend to grow 23.9% year-on-year. In the coming months, close attention must be paid to the potential impact of rising US and European trade barriers on external demand momentum.