China’s current account surplus widened to $184.1 billion in Q1 2026, up from $163.6 billion in the same period last year, according to preliminary estimates. The goods surplus remained nearly flat at $247.4 billion, as exports rose 12.2% while imports surged 17.2%. The secondary income surplus increased to $3.9 billion from $2.9 billion. Meanwhile, the services deficit narrowed to $59.6 billion from $71.6 billion, and the primary income deficit shrank to $7.5 billion from $14.8 billion. source: State Administration of Foreign Exchange, China

China recorded a Current Account surplus of 1841 USD Hundred Million in the first quarter of 2026. Current Account in China averaged 526.00 USD Hundred Million from 1998 until 2026, reaching an all time high of 2438.21 USD Hundred Million in the fourth quarter of 2025 and a record low of -569.56 USD Hundred Million in the first quarter of 2020. This page provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

China recorded a Current Account surplus of 1841 USD Hundred Million in the first quarter of 2026. Current Account in China is expected to be 960.00 USD Hundred Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Current Account is projected to trend around 940.00 USD Hundred Million in 2027 and 960.00 USD Hundred Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-27 09:00 AM
Current Account Final
Q4 $243.8B $202.5B $242.1B
2026-05-15 09:10 AM
Current Account Prel
Q1 $184.1B $243.8B $215.0B
2026-06-26 09:00 AM
Current Account Final
Q1 $243.8B $184.1B



Components Last Previous Unit Reference
Current Account Goods 2474.00 3102.75 USD Hundred Million Mar 2026
Current Account Services -596.00 -485.21 USD Hundred Million Mar 2026

Related Last Previous Unit Reference
Balance of Trade 84.82 51.13 USD Billion Apr 2026
Capital Flows -1841.00 -2348.12 USD Hundred Million Mar 2026
Current Account 1841.00 2438.21 USD Hundred Million Mar 2026
Current Account to GDP 3.70 2.20 percent of GDP Dec 2025
Direct Investment Liabilities 343.00 463.54 USD Hundred Million Mar 2026
Exports 359.44 321.03 USD Billion Apr 2026
External Debt 23288.00 24198.00 USD Hundred Million Dec 2025
Imports 274.62 269.90 USD Billion Apr 2026


China Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
1841.00 2438.21 2438.21 -569.56 1998 - 2026 USD Hundred Million Quarterly
Current Prices, NSA

News Stream
China Current Account Surplus Widens in Q1 2026
China’s current account surplus widened to $184.1 billion in Q1 2026, up from $163.6 billion in the same period last year, according to preliminary estimates. The goods surplus remained nearly flat at $247.4 billion, as exports rose 12.2% while imports surged 17.2%. The secondary income surplus increased to $3.9 billion from $2.9 billion. Meanwhile, the services deficit narrowed to $59.6 billion from $71.6 billion, and the primary income deficit shrank to $7.5 billion from $14.8 billion.
2026-05-15
China’s 2025 Current Account Surplus Hits Record Highs
China’s current account surplus surged to an unprecedented $243.8 billion in Q4 2025, up from $173.1 billion a year earlier and above the preliminary estimate of $242.1 billion. The goods surplus reached a historic $310.3 billion, driven by a 6.5% rise in exports to $1.03 trillion, defying US tariffs, while imports grew just 1.9% to $718.2 billion. The secondary income surplus also increased to $6.9 billion from $4.9 billion in Q4 2024. Meanwhile, the services deficit narrowed to $48.5 billion (from $56.1 billion), and the primary income deficit shrank to $24.9 billion (from $36.6 billion). For the full year, the surplus soared to a record $735.0 billion, up from $462.3 billion in 2024.
2026-03-27
China Posts Record Current Account Surplus in Q4 2025
China’s current account surplus widened to an unprecedented $242.1 billion in the fourth quarter of 2025, sharply higher than the $163.8 billion recorded a year earlier. The goods surplus widened to a record $297.3 billion, as exports climbed 6.4% year-on-year to an all-time high of $996.3 billion, proving resilient despite US tariffs on Chinese shipments, while imports rose at a more modest pace of 1.8% to $699.0 billion. The secondary income surplus also edged up to $6.9 billion from $4.7 billion in the same quarter of 2024. At the same time, China’s services deficit narrowed to $40.2 billion from $47.4 billion a year earlier, while the primary income deficit shrank markedly to $22.0 billion from $43.3 billion. For the full year 2025, China’s current account surplus surged to a record $735.0 billion, up from $423.9 billion in 2024, underscoring the strength of its external position.
2026-02-13