Physix Frontier · News Briefing Card (TMTPost · Oct 25, 2026)

AI Products Drive China's Jan-Sep Trade Up Over 20%

KEY FACTS

In the first nine months of 2026, China's exports grew 21.3% year over year and imports rose 27.5%.
Exports of automatic data processing equipment jumped 54.6%, while integrated circuit exports surged 108.1%.
Over the same period, imports of these two product categories grew even faster, for a combined net increase of $281.284 billion.
The WTO raised its forecast for global merchandise trade growth in 2026 from 1.9% to 3.9%.
China's export growth to RCEP partners was about 2.7 times faster than its export growth to the United States.

KEY DATA

21.3%China Jan-Sep exports YoY

27.5%China Jan-Sep imports YoY

$133.53 billionSeptember trade surplus

3.9%WTO 2026 global merchandise trade growth forecast

PHYSIX OBSERVATION

The main engine of this trade expansion is the AI supply chain, not traditional export categories. Notably, China's AI-related imports are growing faster than its exports, which shows that domestic AI investment is expanding as well - the so-called overcapacity narrative does not hold up. The global trade landscape is being re-stratified around AI, and Asia-Pacific's supply position is being further strengthened.

Source: TMTPost report