China Balance of Trade

China reported a trade surplus equivalent to 18.4 Billion USD in April of 2012. Historically, from 1986 until 2012, China Balance of Trade averaged 5.9 Billion USD reaching an all time high of 40.1 Billion USD in November of 2008 and a record low of -66.0 Billion USD in December of 1989. Export growth has continued to be a major component supporting China's rapid economic growth. Exports of goods and services constitute 39.7% of GDP. China major exports are: office machines & data processing equipment, telecommunications equipment, electrical machinery and apparel & clothing. China imports mainly commodities: iron and steel, oil and mineral fuels; machinery and equipment, plastics, optical and medical equipment and organic chemicals. Its main trading partners are: European Union, The United States, Japan, Hong Kong and South Korea. This page includes a chart with historical data for China Balance of Trade.

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China Trade Surplus Widens in April
Published on 5/10/2012 11:44:27 AM | By TradingEconomics.com, General Administration of Customs

China recorded a better-than-expected surplus of $18.42 billion in April. However, export and import growth slowed notably in April, as the European debt woes and slowing growth in emerging economies hampered demand.

Data from the General Administration of Customs showed that China's exports grew 4.9 percent year-on-year in April and fell 1.5 from the previous month.

Meanwhile, imports rose a mere 0.3 percent from last year, and 5.3 percent from last month.

Balance of Trade
The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and consists of exporting more than is imported; a negative balance of trade is known as a trade deficit or, informally, a trade gap. The balance of trade forms part of the current account, which also includes other transactions such as income from the international investment position as well as international aid. If the current account is in surplus, the country's net international asset position increases correspondingly. Equally, a deficit decreases the net international asset position. The Balance of Trade is identical to the difference between a country's output and its domestic demand - the difference between what goods a country produces and how many goods it buys from abroad; this does not include money respent on foreign stocks, nor does it factor the concept of importing goods to produce for the domestic market.

CHINA NEWS

China's Inflation Rate Down to 3.4% in April
Published: 5/11/2012 11:31:49 AM By: TradingEconomics.com, National Bureau of Statistics of China
In April, the consumer price index (CPI) went up by 3.4 percent year-on-year. The prices grew by 3.4 percent in cities and 3.3 percent in rural areas.

China Trade Surplus Widens in April
Published: 5/10/2012 11:44:27 AM By: TradingEconomics.com, General Administration of Customs
China recorded a better-than-expected surplus of $18.42 billion in April. However, export and import growth slowed notably in April, as the European debt woes and slowing growth in emerging economies hampered demand.

China's GDP at 3 Year Low in Q1
Published: 4/13/2012 10:27:32 AM By: TradingEconomics.com, National Bureau of Statistics of China
China's GDP in the first quarter of 2012 was 10,799.5 billion yuan, a year-on-year increase of 8.1 percent. The value added of the primary industry was 692.2 billion yuan, up by 3.8 percent; that of the secondary industry was 5,145.1 billion yuan, up by 9.1 percent; and that of the tertiary industry was 4,962.2 billion yuan, up by 7.5 percent. In the first quarter of 2012, the gross domestic product went up by 1.8 percent on quarterly bases.

China's Inflation Rate Up to 3.6% in March
Published: 4/10/2012 11:47:42 AM By: TradingEconomics.com, National Bureau of Statistics of China
In March, the consumer price index (CPI) went up by 3.6 percent year-on-year. The food prices went up by 7.5 percent, while the non-food prices increased by 1.8 percent. The prices of consumer goods went up by 4.4 percent and the prices of services grew by 1.5 percent.

China Posts Unexpected Trade Surplus in March
Published: 4/10/2012 11:42:24 AM By: TradingEconomics.com
China returned to an export-led trade surplus of $5.35 billion in March, heralding the prospect that a rebound in the global economy is lifting overseas orders just in time to compensate for a slowdown in domestic demand.

China's Inflation Rate Down to 3.2% in February
Published: 3/9/2012 11:08:08 AM By: TradingEconomics.com, National Bureau of Statistics of China
In February, the consumer price index (CPI) went up by 3.2 percent year-on-year. The food prices went up by 6.2 percent while the non-food prices increased by 1.7 percent. The prices of consumer goods went up by 3.9 percent and the prices of services grew by 1.5 percent.

China's Economy Expands 8.9% in Q4
Published: 1/17/2012 12:17:38 PM By: TradingEconomics.com, Reuters
China's economy expanded at its weakest pace in 2-1/2 years in the fourth quarter, with the sagging real estate and export sectors heralding a sharper slowdown in coming months and fresh pro-growth measures from the government.

China's Trade Surplus Narrows in November
Published: 12/10/2011 1:08:15 PM By: TradingEconomics.com, General Administration of Customs
China's trade surplus narrowed in November, but was higher than expected, indicating the euro-zone crisis is having a real but still limited impact on Chinese exports.

China Inflation Rate Falls to 4.2 percent in November
Published: 12/9/2011 12:03:00 PM By: TradingEconomics.com, National Bureau of Statistics China
Inflation Rate in China eased to 4.2 percent in November from 5.5 percent in October, the National Bureau of Statistics said. The rate cooled for a fourth consecutive month, after peaking at 6.5 percent in July.

China's Trade Surplus Widens in October
Published: 11/10/2011 10:54:04 AM By: TradingEconomics.com, General Administration of Customs
China recorded a trade surplus of $17.03 billion in October, as exports rose 15.9 percent year-on-year to $157.49 billion, while imports increased 28.7 percent to 140.56 billion, according to the General Administration of Customs. The trade surplus was $14.51 billion in September.

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