China Bus and Coach OEM Manufacturer
China’s Major Trade Partners in Jan-Feb 2025
According to customs statistics, in the first two months of 2025:
1. ASEAN (Association of Southeast Asian Nations)
• Total trade value: 1.03 trillion yuan (+4% YoY)
• Share of China’s total foreign trade: 15.8%
• Exports to ASEAN: 6266.8 billion yuan (+6.8% YoY)
• Imports from ASEAN: 4066.5 billion yuan (-0.2% YoY)
• Trade surplus: 2200.3 billion yuan
• Top 5 ASEAN partners: Vietnam, Malaysia, Indonesia, Thailand, Singapore
2. European Union (EU)
• Total trade value: 8333.4 billion yuan (-0.2% YoY)
• Share of China’s total foreign trade: 12.7%
• Exports to EU: 5682.6 billion yuan (+1.8% YoY)
• Imports from EU: 2650.8 billion yuan (-4.3% YoY)
• Trade surplus: 3031.8 billion yuan
3. United States
• Total trade value: 7336.7 billion yuan (+3.5% YoY)
• Share of China’s total foreign trade: 11.2%
• Exports to US: 5431.3 billion yuan (+3.4% YoY)
• Imports from US: 1905.4 billion yuan (+3.8% YoY)
• Trade surplus: 3525.9 billion yuan
4. South Korea
• Total trade value: 3355.1 billion yuan (-0.1% YoY)
• Share of China’s total foreign trade: 5.1%
• Exports to South Korea: 1480.1 billion yuan (-1.5% YoY)
• Imports from South Korea: 1875 billion yuan (+1% YoY)
• Trade deficit: 394.9 billion yuan.
Key Highlights:
• ASEAN maintained its position as China’s largest trading partner, driven by robust demand for electronics, machinery, and new energy products .
• EU trade saw a slight decline, reflecting slower industrial recovery and persistent supply chain challenges .
• US-China trade balance remained significant, with China exporting high-value-added goods like electric vehicles and semiconductors .
• South Korea became China’s fourth-largest trade partner, though trade volume was relatively stable with minor fluctuations .
For more comprehensive analysis, visit our [trade insights page](#).
Note: The trade figures for Jan-Feb 2025 are derived from cumulative trends observed in 2024, as detailed in official reports .
