China Balance of Trade 1983-2015 | Data | Chart | Calendar | Forecast

China recorded a trade surplus of 465.36 USD Hundred Million in June of 2015. Balance of Trade in China averaged 71.10 USD Hundred Million from 1983 until 2015, reaching an all time high of 606.19 USD Hundred Million in February of 2015 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
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Actual Previous Highest Lowest Dates Unit Frequency
465.36 588.67 606.19 -319.71 1983 - 2015 USD Hundred Million Monthly
Since 1995, China has been recording consistent trade surpluses which from 2004 to 2009 has increased 10 times. In 2014 as a whole, China’s trade growth reached only 3.4 percent, below the 7.5 percent target, as exports rose at a slower pace and imports almost remained unchanged. In 2014, the biggest trade surpluses were recorded with Hong Kong, the United States, Netherlands, Vietnam and the United Kingdom. China recorded trade deficits with Taiwan, South Korea, Australia and Germany. This page provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - China Balance of Trade - was last refreshed on Wednesday, July 29, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-08 02:30 AM Apr $34.13B $ 3.08B $39.45B $ 62.2B
2015-06-08 02:00 AM May $59.488B $34.13B $44.95B $ 46.2B
2015-07-13 01:00 AM Jun $46.54B $59.488B $55.7B $ 68.7B
2015-08-08 03:00 AM Jul $46.54B $ 70.4B
2015-09-08 03:00 AM Aug $ 71.4B
2015-10-13 03:00 AM Sep $ 69.8B


China Trade Surplus Widens in June


China trade surplus increased to USD 46.54 billion in June of 2015 from USD 31.8 billion reported a year earlier but below market forecasts, as exports unexpectedly grew while imports declined at a slower pace.

In June, exports picked up 2.8 percent year-on-year to USD 192.01 billion, compared to a 2.5 percent drop in the previous month. Imports fell by 6.1 percent year-on-year to USD 145.48 billion as a result of declining commodity prices and following a 17.6 percent decline in May. In the previous month, the country registered a downwardly revised USD 58.86 billion trade surplus.

Considering the first six months of 2015, exports grew 1.0 percent, driven by rice (+35 percent); crude (+436.2 percent); mineral fertilizer (+68.9 percent); ceramic products (+34.2 percent); steel (+0.1 percent), unwrought aluminium & aluminium (31.6 percent); IC (+4.2 percent); lamps, lighting fixtures (+24.3 percent); ceramic products (34.3 percent) and furniture & parts (+11.0 percent). In contrast, sales declined for: coal and ignite (-38.3 percent); rare earths (-15.9 percent), refined oils (-31.6 percent) and LCD panel (-5.7 percent). Shipments increased to India (+10.8 percent), South Korea (+0.6 percent), Taiwan (+3.8 percent), the US (9.3 percent), South Africa (11.4 percent) and Australia (+5.3 percent) but were down to Japan (-10.5 percent), Hong Kong (-8.3 percent), Russia (-36.2 percent), Brazil (-8.0 percent).  

Imports shrank 15.5 percent as purchases from all of the country's trading partners declined except Vietnam. Those from the US decreased by 7.7 percent, India (-24.7 percent), Japan (-10.6 percent), Hong Kong (-18.9 percent), the ASEAN countries (-8.3 percent), South Korea (-7.1 percent), the EU countries (-12.9 percent), Russia (-23.9 percent), South Africa (-41.6 percent), Australia (-29.0 percent) and New Zealand (-39.2 percent). In contrast, imports from Vietnam rose by 22.2 percent.

General Administration of Customs l Rida Husna l rida@tradingeconomics.com
7/13/2015 8:55:06 AM


Recent Releases

China Trade Surplus Widens More than Expected
China trade surplus increased to USD 59.49 billion in May of 2015 from USD 35.92 billion reported a year earlier. This is the third-biggest monthly surplus on record as imports declined more than exports.
Published on 2015-06-08

China Trade Surplus Rises More Than Expected
China trade surplus widened to USD 34.13 billion in April of 2015 from USD 18.43 billion reported a year earlier, as exports unexpectedly declined and imports fell further.
Published on 2015-05-08

China Trade Surplus Narrows on Falling Exports
China reported a USD 3.08 billion trade surplus in March of 2015, down from a USD 7.70 billion surplus a year earlier and well below market expectations. While exports fell the most in a year, imports posted the biggest drop since May of 2009.
Published on 2015-04-13

China's Trade Surplus at New Record High in February
China reported a USD 60.6 billion trade surplus in February of 2015 compared with a USD 22.9 billion deficit a year earlier as exports surged while imports dropped.
Published on 2015-03-08


China Trade Last Previous Highest Lowest Unit
Balance of Trade 465.36 588.67 606.19 -319.71 USD Hundred Million [+]
Exports 1920.11 1900.58 2275.13 13.00 USD Hundred Million [+]
Imports 1454.76 1311.90 1830.94 16.60 USD Hundred Million [+]
Current Account 789.00 670.21 1330.85 -8.96 USD Hundred Million [+]
Current Account to GDP 2.10 2.00 10.10 -3.70 percent [+]
External Debt 8955.00 8631.67 8955.00 158.28 USD Hundred Million [+]
Terms of Trade 112.04 112.96 118.33 81.75 Index Points [+]
Foreign Direct Investment 684.10 538.30 1195.62 18.32 USD Hundred Million [+]
Capital Flows -789.00 -304.95 1320.80 -789.00 USD HML [+]
Tourist Arrivals 162.50 180.80 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1658.10 1054.09 1658.10 395.01 Tonnes [+]
Crude Oil Production 4254.00 4218.00 4315.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -3339.60 May/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 465.36 Jun/15 588.67 606.19 -319.71 USD Hundred Million [+]
Euro Area 18800.00 May/15 24941.50 24941.50 -16748.10 EUR Million [+]
France -4020.00 May/15 -3310.00 2674.00 -7086.00 EUR Million [+]
Germany 19600.00 May/15 21900.00 23468.80 -535.91 EUR Million [+]
India -10830.00 Jun/15 -10406.20 258.90 -20210.90 USD Million [+]
Indonesia 477.00 Jun/15 1076.60 4641.92 -2329.13 USD Million [+]
Italy 4184.00 May/15 3728.00 6923.00 -6389.30 EUR Million [+]
Japan -69.00 Jun/15 -217.18 1608.67 -2795.04 JPY Billion [+]
Mexico -749.00 Jun/15 -1017.00 1710.25 -3292.30 USD Million [+]
Netherlands 3191.00 May/15 5434.70 6211.40 -907.60 EUR Million [+]
Russia 15309.00 May/15 15037.00 20356.00 -185.00 USD Million [+]
South Korea 10243.00 Jun/15 6300.98 10243.00 -4043.45 USD Million [+]
Spain -1657308.00 May/15 -2253100.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3578.49 Jun/15 3408.61 3894.91 -1478.68 CHF million [+]
Turkey -6753.00 May/15 -4966.00 24.51 -10453.06 USD Million [+]
United Kingdom -393.00 May/15 -1834.00 2946.00 -5397.00 GBP Million [+]
United States -41871.00 May/15 -40698.00 1946.00 -67823.00 USD Million [+]