Comprehensive analysis of China's trade performance in early 2025


Release time:

2025-03-12

China's Trade Situation in First Two Months of 2025: An Analysis of Performance, Challenges, and Opportunities
 

China's Trade Status in Early 2025: Record-Breaking Exports Amid Global Uncertainty

According to data released by China's General Administration of Customs on March 7, 2025, China's goods trade in the first two months of 2025 totaled 6.54 trillion yuan, a year-on-year decrease of 1.2%. However, exports reached 3.88 trillion yuan, setting a historical record for the same period, with a year-on-year increase of 3.4%. Meanwhile, imports amounted to 2.66 trillion yuan, showing a year-on-year decrease of 7.3%.
 

The Statistics and Analysis Department of China's Customs Administration noted that in the first two months, China's international trade maintained overall stability despite adverse external environments. Compared to last year, the first two months of this year had two fewer working days. After removing this non-comparable factor, imports and exports actually grew by 1.7%, fully demonstrating the resilience of China's international trade development.
 

U.S. Tariff Impact on China's Export Performance

On February 4, the United States imposed a 10% tariff on almost all Chinese imported goods, and earlier this week raised the tariff to 20%. Due to these increased U.S. tariffs and the possibility of additional tariffs in the future, Chinese exporters have expedited shipments, driving China's export volume to a record high so far this year.
 

Home Building Materials Industry Facing Challenges

Despite the overall strong performance of China's exports this year, the home building materials industry has experienced a general cooling. Furniture hardware parts, lighting fixture hardware parts, and ceramic products exports have all declined to varying degrees. Ceramic products experienced the most significant drop. Data shows that in January-February 2025, ceramic product export volume was 2.627 million tons, down 10.1% year-on-year, with an export value of 21.32 billion yuan, down 29.6% year-on-year. Furniture hardware parts exports totaled 71.78 billion yuan, down 14.5%, while lighting and lighting fixture hardware parts exports amounted to 40.09 billion yuan, down 20.8%.
 

ASEAN Maintains Position as China's Largest Trading Partner

ASEAN continues to maintain its position as China's largest trading partner. In the first two months, China's imports and exports to ASEAN totaled 1.03 trillion yuan, an increase of 4% year-on-year, accounting for 15.8% of China's total import and export value during the same period. This marks 12 consecutive months of growth. Additionally, China's exports to the European Union, the United States, and Japan increased by 1.8%, 3.4%, and 2% respectively, while exports to Belt and Road Initiative countries grew by 2.4%.
 

Global Market Opportunities in 2025

As the global economy continues to evolve in 2025, international trade markets are full of unlimited potential and opportunities. According to global economic development trends and market research analysis, Europe, North America, Southeast Asia, the Middle East, and Russia remain key markets for foreign trade growth in 2025. These markets harbor rapidly developing economies and increasingly sophisticated consumer demands, bringing rich "treasures" to many international trade enterprises.
 

Regional Cultural Differences and Market Demands

European Market: Europe is known for its rich cultural heritage and advanced design concepts. The office furniture market tends to pursue environmentally friendly, humanized design, emphasizing the balance between comfort and work efficiency. Markets in countries like France and Italy prefer artistic, high-end customized products, while Germany and Nordic countries focus more on practicality and cost-effectiveness.
 

North American Market: The North American market is characterized by an open, innovative cultural atmosphere, with office furniture demands trending toward flexibility and adaptability. The US market particularly emphasizes brand effects and technological innovation, showing strong interest in smart office furniture.
 

Asian Market: The Asian market is vast and diverse, including both developed countries like Japan and South Korea that demand high-quality, design-focused office furniture, as well as emerging markets like China and India with enormous demands for cost-effective, practical products. Asian markets generally value the integration of cultural elements, with styles such as Chinese classical and Japanese minimalist being highly favored.
 

Oceania and African Markets: The Oceania market is relatively small but has high consumption levels, with unique preferences for environmentally friendly, sustainable office furniture. The African market is in a stage of rapid development, with strong demand for basic office facilities and enormous potential for high-end customized products.
 

Style Preferences Across Markets

  1. European markets prefer simple modern, Nordic designs that emphasize environmental protection and functionality.
  2. American markets favor American country and vintage industrial styles, emphasizing solid wood materials and durability.
  3. Middle Eastern markets tend toward luxurious European and Chinese classical furniture, emphasizing carving craftsmanship and high-end materials.
  4. Southeast Asian markets have greater demand for multifunctional, space-saving furniture, suitable for foldable and modular products.
     

Functional Requirements

  1. Small apartment markets (such as Japan and Hong Kong) tend toward multifunctional, foldable, and expandable furniture.
  2. Aging societies (such as some European countries) have greater demand for barrier-free design and ergonomic furniture.
  3. The office furniture market (such as Southeast Asia and emerging economies) is growing rapidly, requiring products that meet modern office needs, such as modular office desks and chairs, ergonomic seating, etc.
     

Different Customer Group Requirements

Large Enterprises: Large enterprises pay more attention to brand image and consistency in the office environment, tending to choose suppliers with brand influence and having higher requirements for customized services.
 

Small and Medium Enterprises: SMEs have limited budgets and focus more on cost-effectiveness and flexibility, showing strong interest in office furniture that can quickly adapt to changes in company scale.
 

Startups and Freelancers: This customer group tends to prefer flexible, portable office furniture, such as modular furniture in shared office spaces, to meet their varied work needs.