FX.co ★ China’s Import Growth Accelerates to 41.6% YoY in October, Marking Sharp Pickup From September

China’s imports surged in October 2026, with year-over-year growth accelerating to 41.6%, up from 31.0% in September, according to data updated on 10 November 2026. The figures reflect a strong pickup in external demand or domestic restocking, as the metrics compare each month’s performance to the same month a year earlier.

The 31.0% increase recorded in September 2026 was already robust on a year-over-year basis, but October’s 41.6% reading signals an even more pronounced expansion in inbound shipments. Both indicators are based on a year-over-year comparison: the September figure measures growth versus September of the previous year, while the October figure is measured against October a year earlier.

The latest data suggest that China’s import momentum strengthened notably as the fourth quarter began, with October’s result indicating a significant acceleration in the pace of annual growth compared with the prior month.