FX.co ★ China Exports Hit New Record High

China’s exports soared 19.4% year-on-year to a record USD 376.78 billion in May 2026, far surpassing market expectations of a 15% increase and accelerating from April’s 14.1% growth. This marked the fastest expansion since February, driven by firms stepping up inventory building to hedge against potential energy price pressures arising from the ongoing war in the Middle East. Over the first five months of the year, total exports climbed 15.5% year-on-year to USD 1.71 trillion.