China Balance of Trade  1983-2016 | Data | Chart | Calendar | Forecast

China reported a USD 52.05 billion trade surplus in August of 2016, compared to a USD 59.68 billion surplus a year earlier and below market estimates, as exports fell less than expected while imports rose for the first time in 22 months. In August, exports declined by 2.8 percent year-on-year, following a 4.4 percent drop in the preceding month and market consensus of a 4.0 percent drop. Imports unexpectedly increased by 1.5 percent, compared to a 12.5 percent decrease in July, while markets expected a 4.9 percent fall. In yuan-denominated terms, sales grew by 5.9 percent from a year ago, following a 2.9 percent rise in July while inbound shipments went up 10.8 percent, compared to a 5.7 percent decline in the preceding month. In July 2016, the country registered a USD 52.31 billion trade surplus. Balance of Trade in China averaged 86.25 USD HML from 1983 until 2016, reaching an all time high of 627.45 USD HML in January of 2016 and a record low of -319.71 USD HML in February of 2012. Balance of Trade in China is reported by the General Administration of Customs.

China Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
520.49 523.08 627.45 -319.71 1983 - 2016 USD HML Monthly
Current Prices, NSA
Since 1995, China has been recording consistent trade surpluses which from 2004 to 2009 has increased 10 times. In 2015 as a whole, China’s total trade dropped by 8 percent, as exports shrank 2.8 percent and imports fell sharply by 14.1 percent due to a weaker renminbi and falling commodity prices. In 2015, the biggest trade surpluses were recorded with Hong Kong, the US, the Netherlands, India, the UK, Vietnam, Singapore and Indonesia. China recorded trade deficits with Taiwan, South Korea, Australia, Germany, Brazil and South Africa. This page provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Balance of Trade - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-13 07:35 AM Jun $48.11B $49.98B $46.64B $50B
2016-08-08 03:00 AM Jul $52.31B $48.11B $47.6B $49B
2016-09-08 02:00 AM Aug $52.05B $52.31B $58B $48B
2016-10-10 02:00 AM Sep $52.05B $42B
2016-11-08 02:00 AM Oct $48.9B
2016-12-08 02:00 AM Nov $48.7B

China Trade Surplus Narrows in August


China reported a USD 52.05 billion trade surplus in August of 2016, compared to a USD 59.68 billion surplus a year earlier and below market estimates, as exports fell less than expected while imports rose for the first time in 22 months.

In August, exports declined by 2.8 percent year-on-year, following a 4.4 percent drop in the preceding month and market consensus of a 4.0 percent drop. 

Imports unexpectedly increased by 1.5 percent, compared to a 12.5 percent decrease in July while markets expected a 4.9 percent fall.

In yuan-denominated terms, sales grew by 5.9 percent from a year ago, following a 2.9 percent rise in July while inbound shipments went up 10.8 percent, compared to a 5.7 percent decline in the preceding month.

In June 2016, the country registered a USD 46.60 billion trade surplus.

Considering the first eight months of 2016, total trade in USD decreased by 7.9 percent from a year-earlier. Exports dropped by 7.1 percent.  Sales were down to Hong Kong (-7.3 percent), Japan (-5.2 percent), South Korea (-7.5 percent), Taiwan (-13.3 percent), ASEAN countries (-7.4 percent), Brazil (-30.5 percent), South Africa (-9.1 percent), the US (-7.8 percent), Australia (-7.4 percent), New Zealand (-4.3 percent) and the EU (-3.6 percent). In contrast, outbound shipments rose to India (+2.0 percent) and Russia (+8.7 percent). Imports slumped 9.0 percent, mainly due to lower commodity prices. In volume terms, inbound shipments declined for: fresh, dried fruits & nuts (-10.2 percent), cereal & cereal flour (-30.8 percent), edible oil (-18.9 percent), refined oil (-4.5 percent), mineral fertiliser (-25.4 percent) and plastics in primary forms (-4.7 percent). In contrast, purchases were higher for soy (+3.1 percent), iron ore & concentrates (+9.3 percent), copper ore & concentrates (+34.6 percent), coal & ignite (+12.4 percent), crude (+13.5 percent), natural gas (+17.0 percent), pharmaceuticals (+17.2 percent) and natural rubber (+29.5 percent).

General Administration of Customs l Rida Husna | rida@tradingeconomics.com
9/8/2016 1:02:18 PM

China Trade Last Previous Highest Lowest Unit
Balance of Trade 520.49 523.08 627.45 -319.71 USD HML [+]
Exports 1905.92 1847.33 2273.72 13.00 USD HML [+]
Imports 1385.43 1324.25 1830.94 16.60 USD HML [+]
Current Account 594.00 393.44 1330.85 -8.96 USD HML [+]
Current Account to GDP 2.70 2.10 10.10 -3.70 percent [+]
External Debt 14162.00 8955.00 14162.00 158.28 USD HML [+]
Terms of Trade 101.14 101.58 118.33 81.75 Index Points [+]
Foreign Direct Investment 858.80 771.30 1262.70 18.32 USD HML [+]
Capital Flows -594.00 -1.61 95.16 -1305.58 USD HML [+]
Tourist Arrivals 128.50 161.00 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1823.30 1797.46 1823.30 395.01 Tonnes [+]
Crude Oil Production 3973.00 4036.00 4408.00 1012.00 BBL/D/1K [+]
Terrorism Index 6.29 5.08 6.29 1.47 [+]
Weapons Sales 1966.00 1360.00 2606.00 3.00 USD Million [+]
Exports to India 5618919.00 5370997.00 5618919.00 2326991.00 USD THO [+]




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Australia -2410.00 Jul/16
Austria 130.00 Jun/16
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Belarus 32.40 Jul/16
Belgium 2544.10 Jul/16
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Brazil 4140.00 Aug/16
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Czech Republic 24445.00 Jul/16
Denmark 8796.60 Jul/16
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Dominican Republic -631.90 Mar/16
East Timor -39175.91 Jun/16
Ecuador 204425.00 Jul/16
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Equatorial Guinea 2723.70 Dec/10
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Finland -245.00 Jul/16
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Gabon 3711.95 Dec/13
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Germany 19500.00 Jul/16
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Hong Kong -32096.00 Aug/16
Hungary 208000.00 Jul/16
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India -7674.14 Aug/16
Indonesia 293.60 Aug/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 3526700.00 Jul/16
Israel -1899.30 Aug/16
Italy 7794.95 Jul/16
Ivory Coast 890.60 Dec/14
Jamaica -680800.00 Mar/16
Japan -18.71 Aug/16
Jordan -658173.00 Jun/16
Kazakhstan 1289.60 Jul/16
Kenya -79107.00 Jun/16
Kosovo -210544.00 Jul/16
Kuwait 402.00 Mar/16
Kyrgyzstan -291.40 Jun/16
Laos -594.89 Dec/15
Latvia -182.90 Jul/16
Lebanon -1258.95 Jun/16
Lesotho -3543.23 Mar/16
Liberia -99.90 May/16
Libya -17675.60 Dec/14
Liechtenstein 326579.00 Jun/16
Lithuania -178.60 Jul/16
Luxembourg -0.42 Jul/16
Macau -4867968.77 Jul/16
Macedonia -131493.00 Jul/16
Madagascar -306742.00 Jun/16
Malawi -31524.80 Sep/15
Malaysia 1907.37 Jul/16
Maldives -161.70 Jun/16
Mali -100.60 Mar/15
Malta -149432.00 Jul/16
Mauritania -79.64 Mar/16
Mauritius -8160.00 Jul/16
Mexico -1913.24 Aug/16
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Monaco -104.50 Jun/16
Mongolia 110.00 Aug/16
Montenegro -168082.00 Aug/16
Morocco -17306.00 Jul/16
Mozambique -1754.40 Dec/15
Myanmar -639.40 Dec/15
Namibia -6141.52 Mar/16
Nepal -77662.70 Mar/16
Netherlands 4821.00 Jul/16
New Caledonia -9890.65 Jun/16
New Zealand -1265.00 Aug/16
Nicaragua -223.90 Jun/16
Niger -286709.90 Mar/16
Nigeria -29398.00 Jun/16
North Korea -476.67 Dec/15
Norway 6763.00 Aug/16
Oman -45.20 Dec/15
Pakistan -279639.00 Aug/16
Palestine -310.20 Jul/16
Panama -918416.00 Jul/16
Papua New Guinea 3957.00 Dec/15
Paraguay -154825.00 Aug/17
Peru 484.00 Jul/16
Philippines -2053160.00 Jul/16
Poland -313.00 Jul/16
Portugal -557.44 Jul/16
Puerto Rico 2982.40 Jun/16
Qatar 6694.00 Jul/16
Republic of the Congo 4092.35 Dec/10
Romania -642.90 Jul/16
Russia 6490.00 Jul/16
Rwanda -142.60 May/16
Sao Tome and Principe -27.28 Jun/16
Saudi Arabia 16295.00 Mar/16
Senegal -159.34 Jul/16
Serbia -300.30 Jul/16
Seychelles -40.31 Jul/16
Sierra Leone -52.89 Jun/16
Singapore 5592.00 Aug/16
Slovakia 60.00 Jul/16
Slovenia 99.78 Jul/16
Somalia -1473.48 Dec/15
South Africa 5223.30 Jul/16
South Korea 5300.00 Aug/16
South Sudan -104.70 Dec/15
Spain -557800.00 Jul/16
Sri Lanka -542.00 Jul/16
Sudan -424613.00 Jun/16
Suriname 32.40 Jun/16
Swaziland 1217.38 Dec/15
Sweden -10300.00 Aug/16
Switzerland 3024.63 Aug/16
Syria 9394.50 Dec/10
Taiwan 3984.83 Aug/16
Tajikistan -142.90 Jul/16
Tanzania -207.80 Jun/16
Thailand 2130.00 Aug/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -1397.20 Aug/16
Turkey -4787.97 Jul/16
Turkmenistan 2181.97 Dec/15
Uganda -175.50 Jul/16
Ukraine -264.80 Aug/16
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Uruguay 207156.00 Jul/16
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Vietnam 573.00 Aug/16
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Zimbabwe -322.86 Mar/16