China's foreign trade recorded steady expansion in the first eleven months of 2025, according to the General Administration of Customs. Total goods trade reached RMB 41.21 trillion (approx. USD 5.89 trillion), up 3.6% year-on-year. Exports increased 6.2% to RMB 24.46 trillion (USD 3.49 trillion), while imports edged up 0.2% to RMB 16.75 trillion (USD 2.39 trillion).
In November alone, China's trade performance accelerated. Total imports and exports rose 4.1% to RMB 3.9 trillion (USD 557 billion). Exports grew 5.7% to RMB 2.35 trillion (USD 336 billion), and imports increased 1.7% to RMB 1.55 trillion (USD 221 billion).
| Indicator | RMB (Trillion) | USD (Trillion) | YoY Change |
| Total Trade | 41.21 | 5.89 | +3.6% |
| Exports | 24.46 | 3.49 | +6.2% |
| Imports | 16.75 | 2.39 | +0.2% |
| November Trade | 3.9 | 0.56 | +4.1% |
Key Trade Highlights
1. General and Processing Trade Maintain Growth
General trade rose 2.1% to RMB 26.04 trillion (USD 3.72 trillion), accounting for 63.2% of total trade.
Processing trade expanded 7.3% to RMB 7.74 trillion (USD 1.11 trillion).
Bonded logistics increased 5.5% to RMB 5.92 trillion (USD 846 billion).
2. Stronger Trade Ties with ASEAN and the EU
ASEAN remained China's largest trading partner, with trade up 8.5% to RMB 6.82 trillion (USD 974 billion).
The EU followed with RMB 5.37 trillion (USD 767 billion), up 5.4%.
Trade with the United States decreased 16.9% to RMB 3.69 trillion (USD 527 billion).
Trade with Belt and Road partner countries grew 6% to RMB 21.33 trillion (USD 3.05 trillion).
3. Private Enterprises Lead Growth
Private companies drove China's trade performance, expanding 7.1% to RMB 23.52 trillion (USD 3.36 trillion).
Foreign-invested enterprises grew 3.5% to RMB 12.07 trillion (USD 1.72 trillion).
State-owned enterprises posted RMB 5.53 trillion (USD 790 billion), down 8.6%.
| Business Type | RMB (Trillion) | USD (Trillion) | YoY |
| Private Enterprises | 23.52 | 3.36 | +7.1% |
| Foreign-Invested Firms | 12.07 | 1.72 | +3.5% |
| State-Owned Enterprises | 5.53 | 0.79 | –8.6% |
4. Tech and Automotive Exports Outperform
Exports of mechanical and electrical products reached RMB 14.89 trillion (USD 2.13 trillion), up 8.8%, accounting for more than 60% of total exports.
Key items:
Integrated circuits: RMB 1.29 trillion (USD 184 billion), +25.6%
Automobiles: RMB 896.9 billion (USD 128 billion), +17.6%
ADP equipment & parts: RMB 1.31 trillion (USD 187 billion), –1.3%
Labor-intensive product exports totaled RMB 3.7 trillion (USD 529 billion), down 3.5%.
Apparel & accessories: RMB 987.26 billion (USD 141 billion), –3.7%
Textiles: RMB 931.33 billion (USD 133 billion), +1.7%
5. Commodity Prices Decline While Tech Imports Rise
Prices of major imported commodities fell significantly:
Crude oil: –12.1%
Iron ore: –9.4%
Coal: –23.9%
Natural gas: –9.4%
Soybeans: –10.7%
Meanwhile, imports of mechanical and electrical products increased 5.5% to RMB 6.69 trillion (USD 956 billion).
Industry Outlook: Implications for China's Apparel and Textile Sector
The latest trade data presents a mixed but largely stabilizing outlook for the apparel and textile industry—highly relevant to T&B Fashion Group:
Apparel & Accessories: RMB 987.3B (≈ USD 141B) · -3.7%
Textiles: RMB 931.3B (≈ USD 133B) · +1.7%
Textiles growth indicates ongoing upstream demand — a positive sign for fabric-integrated suppliers and companies with strong material capabilities.
·Private enterprises account for 57.1% of trade and grew +7.1% (RMB 23.52T).
·Mechanical & Electrical exports remain large (RMB 14.89T, +8.8%).
·Commodity import prices softened—benefiting some input cost structures.
What This Means for T&B Fashion Group
Focus on fabric innovation, flexible MOQ, and market diversification to ASEAN & BRI regions to capture near-term growth.
1. Accelerate fabric-to-garment integration to capture textile demand.
2. Prioritize product differentiation: functional fabrics, athleisure, and sustainable ranges.
3. Expand sales channels into ASEAN and Belt & Road markets with value-led propositions.
4. Maintain agile development cycles and small-batch capabilities for global buyers.
Published by T&B Fashion Group · Data source: General Administration of Customs (Jan–Nov 2025)
Notes: USD amounts are for reference using an exchange rate of 1 USD = RMB 7. Replace chart placeholders in /wp-content/uploads/ with your production images.
