Early data from this year suggests a continuation of the trend with Chinese exports surging almost 50% year-on-year to $710 billion in the first quarter, the UNCTAD data showed.
"Overall, China is likely to remain the world's leading exporter for the near future," the UNCTAD commentary said. "However, its exports dominance in the global economy may be approaching its peak."
China has seen a steady recovery since it was hard hit by the pandemic in the first quarter of 2020, when authorities imposed lockdowns and travel restrictions to contain the virus.