On November 10, the General Administration of Customs (GAC) reported that China's total goods trade reached RMB 44.81 trillion in the first 10 months of 2026, up 20% year-over-year. Exports were RMB 25.99 trillion, up 17.6%, including electromechanical products at RMB 16.81 trillion, up 25.2% and 64.7% of total exports, 3.9 points higher than a year earlier.
Integrated circuit and storage component exports rose 101.9% and 132.5% respectively; 3D printers, digital cameras, and industrial robots rose 104.8%, 41.4%, and 17.8%; "new three" products, electric motorcycles and bicycles, and wind turbine generators and parts rose 46.5%, 33.3%, and 19.7%.
Imports were RMB 18.82 trillion, up 23.6%, 6 points faster than exports; electromechanical imports were RMB 8.17 trillion, up 35%. A GAC statistics official said that despite shocks and challenges this year, China's economy has pressed forward toward new and better growth, with market expectations and business confidence improving and strong foreign trade growth.
ICgoodFind Summary: IC exports up 101.9% and storage components up 132.5% clearly lead the 25.2% overall electromechanical export growth. Storage components outpacing ICs echoes the global memory price upcycle and shows China's export scale in storage modules and components is expanding rapidly.
