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China Hits Record $1.2 Trillion Trade Surplus Despite Trump Tariffs

China compensates for a 33% drop in US exports by increasing shipments to the EU, Africa, Southeast Asia, and India, pushing its trade surplus toward a record $1.2 trillion in 2025.

  • China is the largest buyer of Indonesia's non-oil exports at 22.64% and the largest source of non-oil imports at 40.35% from January to July 2025.
  • Despite a $23.65 billion trade surplus overall, Indonesia recorded a bilateral deficit of approximately $13.21 billion with China.
  • Indonesia's total non-oil exports increased 9.55% to $152.20 billion, while oil and gas exports fell 14.56%.
  • China's demand influences Indonesia's trade balance significantly, highlighting economic interdependence between the two countries.
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The OECD published this morning its interim economic outlook report of September 2025, in which it estimates that the world economy will grow at a rate of 3.2% this year, slightly less than 3.3% in 2024, although three tenths more than in its report last June. By 2026 the estimate of an expansion of 2.9% was maintainedThe agency said that world growth proved to be more resilient than expected in the first half of 2025, especially in many emergin…

·Chile
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Council on Foreign Relations broke the news in on Wednesday, May 14, 2025.
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