China’s trade balance surplus declined significantly in February 2026, dropping to 637.55 billion from 808.55 billion recorded in December 2025, according to data updated on 10 March 2026. The latest figures point to a notable narrowing of the country’s external surplus over the first part of the year.
The retreat from December’s level suggests a moderation in net exports, which have been a key pillar supporting China’s growth. While detailed drivers behind the shift are not provided, the data underline a softer trade position compared with late 2025 and may raise fresh questions among investors and policymakers about the resilience of global demand for Chinese goods as 2026 progresses.
