In the first two months of 2026, the dividends from China's industrial upgrading in the mechanical and electrical sector continued to materialize, sustaining the momentum of export growth. According to statistics from the General Administration of Customs, China exported 2.89 trillion yuan of mechanical and electrical products in the first two months (same currency unit hereinafter), a record high for the same period in history, representing a year-on-year increase of 24.3% — 5.1 percentage points higher than the overall export growth of all commodities.
The trade surplus reached 1.68 trillion yuan, up 26.6% year on year, which was 175.86 billion yuan higher than the total trade surplus of all commodities.
During the period, exports of major mechanical and electrical product categories maintained a sound growth trend, with most registering double-digit year-on-year growth. These included integrated circuits, computers, complete automobiles, auto parts, household appliances, general machinery, ships, audio and video equipment, lighting products, and liquid crystal display modules.
Among them, the global expansion of the AI industry and the construction of overseas data centers boosted demand for semiconductors. Rising prices of memory chips drove the expohttps://www.haigongtruck.com/rt volume and value of integrated circuits up by 13.7% and 68.9% year on year respectively.
Driven by strong overseas demand for new energy vehicles, Chinese automakers have stepped up efforts to explore international markets, with their products boasting prominent cost-performance advantages. Exports of complete automobiles reached 1.532 million units, surging 57.9% year on year, and maintaining double-digit growth for 11 consecutive months.
