China’s trade surplus widened to USD 112.5 billion in July 2026, up from USD 97.70 billion a year earlier and exceeding forecasts of USD 107 billion, as exports grew more than expected. Exports jumped 23.9% yoy to USD 397.85 billion, driven by strong demand for AI-related technology products and a rush by manufacturers to ship goods to the US ahead of potential new tariffs. The US applied a new 12.5% levy on Chinese products in late July, replacing a temporary 10% levy that had lapsed. Exports of semiconductors almost doubled in value terms from last year, and overall high-tech product exports soared 40.7%. Meanwhile, imports rose 27.7% yoy to USD 285.35 billion, easing from a 36% jump in June. China’s trade surplus with the US declined to USD 28.03 billion in July from USD 28.9 billion in June. In the first seven months of 2026, China’s trade surplus reached USD 687.37 billion, up from USD 683.5 billion a year earlier, with exports and imports rising 18.5% and 26.7%, respectively. source: General Administration of Customs

China recorded a trade surplus of 112.50 USD Billion in July of 2026. Balance of Trade in China averaged 19.21 USD Billion from 1981 until 2026, reaching an all time high of 137.91 USD Billion in January of 2025 and a record low of -61.99 USD Billion in February of 2020. This page provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

China recorded a trade surplus of 112.50 USD Billion in July of 2026. Balance of Trade in China is expected to be 79.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Balance of Trade is projected to trend around 95.00 USD Billion in 2027 and 100.00 USD Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-14 03:00 AM
Balance of Trade
Jun $125.62B $105.43B $121B $ 110B
2026-08-07 03:00 AM
Balance of Trade
Jul $112.5B $125.62B $107.0B $105.0B
2026-09-08 03:00 AM
Balance of Trade
Aug $112.5B


Related Last Previous Unit Reference
Passanger Car Exports 935648.00 857377.00 Jun 2026
Balance of Trade 112.50 125.62 USD Billion Jul 2026
China Trade Balance – Yuan Terms 767.07 859.05 CNY Billion Jul 2026
Electric Car Exports 315590.00 278688.00 Units Jun 2026
Exports 397.85 412.39 USD Billion Jul 2026
Exports YoY 23.90 27.00 percent Jul 2026
Exports – Yuan Terms 2712.51 2820.67 CNY Billion Jul 2026
Imports 285.35 286.76 USD Billion Jul 2026
Imports YoY 27.50 36.00 percent Jul 2026
Imports – Yuan Terms 1945.44 1961.62 CNY Billion Jul 2026
Terms of Trade 86.90 87.60 points Jun 2026


China Balance of Trade
Since 1995, China has been recording consistent trade surpluses. Exports are dominated by machinery and transport equipment—especially electrical machinery, telecommunications devices, office machines, and industrial machinery—alongside manufactured goods, textiles, chemicals, and food products. The European Union and the United States are the largest destinations, supported by regional markets including Hong Kong, Japan, South Korea, Vietnam, Germany, India, and the Netherlands. Imports are driven by machinery, energy products, industrial raw materials, and chemicals, sourced mainly from the EU, South Korea, Taiwan, Japan, the US, and Australia. This mix of high-value exports and essential imports generally results in a persistent trade surplus, highlighting China’s role as a global manufacturing hub and a major consumer of raw materials.
Actual Previous Highest Lowest Dates Unit Frequency
112.50 125.62 137.91 -61.99 1981 - 2026 USD Billion Monthly
Current Prices, NSA

News Stream
China Trade Surplus Exceeds Forecasts
China’s trade surplus widened to USD 112.5 billion in July 2026, up from USD 97.70 billion a year earlier and exceeding forecasts of USD 107 billion, as exports grew more than expected. Exports jumped 23.9% yoy to USD 397.85 billion, driven by strong demand for AI-related technology products and a rush by manufacturers to ship goods to the US ahead of potential new tariffs. The US applied a new 12.5% levy on Chinese products in late July, replacing a temporary 10% levy that had lapsed. Exports of semiconductors almost doubled in value terms from last year, and overall high-tech product exports soared 40.7%. Meanwhile, imports rose 27.7% yoy to USD 285.35 billion, easing from a 36% jump in June. China’s trade surplus with the US declined to USD 28.03 billion in July from USD 28.9 billion in June. In the first seven months of 2026, China’s trade surplus reached USD 687.37 billion, up from USD 683.5 billion a year earlier, with exports and imports rising 18.5% and 26.7%, respectively.
2026-08-07
China Escalates Trade Tensions With New Measures Against U.S.
China unveiled new countermeasures against the U.S., tightening export controls on drones bound for the U.S. and banning transactions with six American firms. The move, framed as retaliation for fresh U.S. restrictions, comes ahead of a planned September meeting between Presidents Xi Jinping and Donald Trump, despite recent signs of thaw following May talks in Beijing. The measures respond to the U.S. Federal Communications Commission's ban on imports of Chinese drones and the Department of Homeland Security's addition of 43 Chinese firms to the Uyghur Forced Labor Prevention Act entity list. The Commerce Ministry accused Washington of “seriously violating consensus” reached by the two leaders and “severely damaging China’s legitimate rights. It urged the U.S. to reverse course and warned further measures could trigger additional sanctions.
2026-08-07
China Posts Second-Largest Trade Surplus on Record
China’s trade surplus widened to $125.62 billion in June 2026, up from $113.84 billion a year earlier and exceeding forecasts of $121 billion. This marked the second-largest monthly surplus on record, as both exports and imports grew more than expected, fueled by soaring chip prices and global demand for AI data center hardware. Exports surged 27% to a record $412.39 billion, while imports jumped 36%, the fastest increase in five years, to an all-time high of $286.76 billion. China’s trade surplus with the US rose to $28.9 billion in June from $26.02 billion in May. The surplus with Germany more than doubled year-on-year, and with the EU, it widened by 27% to a record $32.9 billion. In the first half of 2026, China’s trade surplus reached $575.98 billion, down from $586 billion a year earlier, as exports rose 17.6% while imports grew at a faster pace of 26.6%.
2026-07-14