China’s surplus has also been driven by a host of small-ticket items including a surge in low-value packages — the business model employed by online retailers such as Shein and Temu, which have come under fire in the US and EU for taking advantage of duty-free loopholes.

President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.

China’s exports returned to growth in November following an unexpected contraction the month before, although shipments to the United States dropped nearly 29% from a year earlier in an eighth straight month of double-digit declines.

The historic milestone comes as China adds high-end manufacturing strength to its established dominance in lower-end goods.

China’s exports beat forecasts in November amid a rebound of exports to the EU, while imports remained sluggish.

The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and inve

Vietnam’s trade surplus with the US, its biggest export market, is on track to surpass last year’s level even as negotiators push to finalize a tariff deal meant to rein in the gap.

China's exports to the U.S. have dropped sharply this year, in the face of President Trump's tariffs — but the country is still finding plenty of customers elsewhere around the world.

Canada posted a small monthly international trade surplus in September, reversing a trend of seven consecutive months of deficits, data showed on Thursday. It registered a marginal trade surplus of C$153 million ($110.

China's premier says higher tariffs have dealt a "severe blow" to the world economy, even as China's own trade surplus has surged past $1 trillion.