FX.co ★ China Exports Rise More Than Expected

China’s exports rose 35.2% year-on-year to $412.33 billion in October 2026, exceeding market expectations of 33.5% growth, though easing slightly from the 36.3% surge recorded in September. Export performance remained underpinned by robust global demand for AI-related products.

At the same time, the EU and China reached an agreement last month to cap Chinese hybrid vehicle exports to the bloc over the coming years. As the measures have not yet come into force, some exporters may be front-loading shipments ahead of their implementation, which could provide additional support to export figures in the near term.