China Balance of Trade

China recorded a trade surplus of 315.64 USD Hundred Million in June of 2014. Balance of Trade in China averaged 59.55 USD Hundred Million from 1983 until 2014, reaching an all time high of 404 USD Hundred Million in November of 2008 and a record low of -319.71 USD Hundred Million in February of 2012. Balance of Trade in China is reported by the General Administration of Customs.

   
 
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China Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
315.64 359.22 404.00 -319.71 1983 - 2014 USD Hundred Million Monthly
Since 1995 China has been recording consistent trade surpluses. From 2004 to 2009 China’s annual trade surplus has increased 10 times. Yet, as the global demand is slowing down and import of commodities for vast infrastructure projects and consumer goods is growing, there has been a significant decline in trade surplus. In the last few years, the biggest trade surpluses were recorded with the United States, Netherlands, United Kingdom, Vietnam and Singapore. The biggest trade deficits were recorded with Taiwan, South Korea, Australia, Germany, South Africa, Japan and Brazil. This page provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.


China Trade Surplus Narrows in June


Chinese trade surplus decreased to USD 31.6 billion in June of 2014 from USD 35.9 billion in May. While imports rebounded from last month's fall, exports rose less than expected.

Exports rose 7.2 percent year-on-year to USD 186.8 billion in June, following a 7 percent increase in the previous month. Sales to the United States increased 7.5 percent, accelerating from a 6.3 percent increase in May. Shipments to the ASEAN countries increased 9.7 percent and those to Japan contracted 0.6 percent. Meanwhile, exports to the European Union slowed slightly (+ 13.1 percent).

Imports grew 5.5 percent year-on-year to USD 155.2 billion, rebounding from a 1.6 percent fall in May, mainly driven by purchases from the ASEAN countries (+12.5 percent), Japan (+6.6 percent), Taiwan (+14.9 percent) and Australia (+4.8 percent).

rida@tradingeconomics.com
7/10/2014 10:26:51 AM


Recent Releases

China Trade Surplus At 5-Year High
Chinese trade surplus nearly doubled to USD 35.9 billion in May of 2014 from USD 18.5 billion in the previous month. While exports posted strong growth, imports declined 1.6 percent year-on-year. Published on 2014-06-08

China Trade Surplus Widens in April
Chinese trade surplus increased to USD 18.5 billion in April of 2014, more than double the USD 7.7 billion surplus in March, as exports and imports returned to growth. Published on 2014-05-08


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-10 03:00 AM China
Balance of Trade
Mar 2014 $7.7B $ -22.9B $0.9B $ 1.68B
2014-05-08 03:00 AM China
Balance of Trade
Apr 2014 $ 18.45B $ 7.7B $ 11B $ 10B
2014-06-08 03:00 AM China
Balance of Trade
May 2014 $35.92B $ 18.45B $ 123.95B $ 25B
2014-07-10 03:00 AM China
Balance of Trade
Jun 2014 $31.6B $35.92B $34.99B $ 20.7B
2014-08-10 03:00 AM China
Balance of Trade
Jul 2014 $31.6B $ 26.7B


Trade Last Previous Highest Lowest Unit
Balance of Trade 315.64 359.22 404.00 -319.71 USD Hundred Million [+]
Exports 1867.89 1954.73 2077.42 13.00 USD Hundred Million [+]
Imports 1552.24 1595.51 1830.94 16.60 USD Hundred Million [+]
Current Account 70.39 439.91 1330.85 -8.96 USD Hundred Million [+]
Current Account to GDP 2.00 2.60 10.10 -3.70 Percent [+]
External Debt 8631.67 7369.86 8631.67 158.28 USD HML [+]
Terms Of Trade 97.53 97.28 118.33 81.75 Index Points [+]
Foreign Direct Investment 633.30 489.10 1175.86 18.32 USD Hundred Million [+]
Capital Flows 939.72 1270.42 1320.80 -517.00 USD HML [+]
Tourist Arrivals 171.60 179.30 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1054.09 1054.09 1054.09 395.01 Tonnes [+]
Crude Oil Production 4154.00 4201.00 4281.00 1012.00 BBL/D/1K [+]





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