26.10.2026 Analytics #China #Russia #World #Import #Export #Statistics

China's Jan–Sep 2026 trade tops $5.8 trillion, Russia turnover up 30.6%

China's foreign trade turnover for January–September 2026 reached USD 5,803.3 billion, up 23.8% year on year. The figure comes from preliminary data of the General Administration of Customs of China (GACC) for September 2026 (table 1). Trade with Russia over the same period totalled USD 214.3 billion (+30.6%) (table 4). All figures below are preliminary.

Nine-month totals and the September picture

Chinese exports came to USD 3,370.7 billion (+21.3%) and imports to USD 2,432.6 billion (+27.5%), leaving a surplus of USD 938.1 billion (table 1).

September turnover was USD 760.8 billion: 11.2% above August and 34.1% above September 2025. Exports stood at USD 447.2 billion (m/m +11.4%, y/y +36.3%) and imports at USD 313.7 billion (m/m +11.0%, y/y +31.0%) (table 1).

Russia compared with other partners

In January–September, Chinese exports to Russia were USD 98.1 billion (+33.1%) and imports from Russia USD 116.2 billion (+28.6%) (table 4). Based on these figures, China runs a deficit with Russia: 116,246.7 − 98,059.3 = 18,187.4 million, or about USD 18.2 billion. September turnover was USD 29.1 billion (exports 13.4 billion, imports 15.7 billion) (table 4).

For comparison, nine-month turnover growth (table 4):

• ASEAN: USD 994.3 billion, +27.9%;
• EU: USD 693.6 billion, +12.9%;
• US: USD 462.5 billion, +8.6%;
• Hong Kong: USD 405.5 billion, +55.6%;
• Republic of Korea: USD 385.8 billion, +59.3%.

September turnover was USD 85.5 billion with the EU, USD 61.7 billion with the US, USD 61.0 billion with Hong Kong and USD 55.2 billion with Korea (table 4). The table gives no year-on-year growth by country for September.

Key product groups in exports and imports

Exports (table 5):

• motor vehicles, including chassis fitted with engines: 8.628 million units (+51.9%), value USD 149.9 billion (+54.3%);
• electronic integrated circuits: USD 301.6 billion, +108.1% in value with quantity up 3.8%;
• automatic data processing machines and parts: USD 231.6 billion, +54.6%.

Imports (table 6):

• crude petroleum: volume −15.3%, value USD 221.8 billion (+0.3%);
• copper ores and concentrates: volume −2.9%, value USD 81.1 billion (+31.2%);
• soya beans: volume −0.1%, value USD 41.2 billion (+7.6%).

What this means for importers

Over nine months, the value of Chinese exports rose by 54.3% for motor vehicles, 108.1% for integrated circuits and 54.6% for automatic data processing machines (table 5). In China's crude oil imports, physical volume fell while value stayed at last year's level. For businesses trading between China and Russia, GACC data show bilateral turnover growth over nine months (+30.6%, table 4). The tables contain no information on duty rates or customs regimes.

Primary sources

• GACC: China's Total Export & Import Values, Sep 2026 (table 1)
• GACC: China's Total Export & Import Values by Country/Region, Sep 2026 (table 4)
• GACC: China's Major Exports by Quantity and Value, Sep 2026 (table 5)
• GACC: China's Major Imports by Quantity and Value, Sep 2026 (table 6)

This material is for information only and does not constitute legal advice or customs consulting. Verify changes against the primary sources before acting.