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

China recorded a trade surplus of 430.25 USD Hundred Million in July of 2015. Balance of Trade in China averaged 72.04 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.

China Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
430.25 465.36 606.19 -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 Saturday, September 5, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 $43.03B $46.54B $53.25B $ 49B
2015-09-08 03:00 AM Aug $43.03B $48.2B $40B
2015-10-13 03:00 AM Sep 400.23
2015-11-08 02:00 AM Oct 402.95


China Trade Surplus Narrows in July


China trade surplus decreased to USD 43.03 billion in July of 2015 from USD 47.30 billion reported a year earlier and below market consensus, as both exports and imports fell.

In July, exports slumped 8.3 percent year-on-year to USD 195.10 billion, compared to a 2.8 percent increase in the previous month. Imports fell by 8.1 percent year-on-year to USD 152.08 billion as a result of declining commodity prices and following a 6.1 percent drop in June. In the previous month, the country registered a USD 46.54 billion trade surplus.

Considering the first seven months of 2015, exports slightly dropped by 0.8 percent, driven by coal & ignite (-34.9 percent); coke & semi coke (-2.9 percent); refined oil (-30.6 percent); clothing accessories (-6.2 percent); precious metals (-63.5 percent); steel (-2.5 percent); LCD panel (-6.6 percent) and furniture & parts (-7.2 percent). In contrast, outbond shipments increased for: rice (+11.9 percent); crude (+531.6 percent); mineral fertilizer (+62.9 percent); ceramic products (+26.8 percent); handheld wireless (+14.5 percent) and lamps, lighting fixtures and parts (+20.6 percent).

Sales increased to India (+9.8 percent), Taiwan (+0.9 percent), the ASEAN countries (+8.0 percent), the US (7.3 percent), South Africa (+9.6 percent), Australia (+4.2 percent) and New Zealand (+11.5 percent). In contrast, exports  were down to Hong Kong (-10.1 percent), Japan (-11.0 percent), South Korea (-0.8 percent), the EU countries (-4.3 percent), Russia (-36.1 percent), Brazil (-9.6 percent).  

Imports shrank 14.6 percent as purchases from all of the country's trading partners declined except Vietnam. Those from the US decreased by 7.4 percent, India (-23.0 percent), Japan (-11.1 percent), Hong Kong (-13.4 percent), the ASEAN countries (-7.1 percent), South Korea (-7.2 percent), the EU countries (-12.3 percent), Russia (-20.7 percent), South Africa (-40.2 percent), Australia (-25.7 percent) and New Zealand (-37.2 percent). In contrast, imports from Vietnam rose by 22.4 percent.

General Administration of Customs l Rida Husna l rida@tradingeconomics.com
8/8/2015 4:18:44 AM


Recent Releases

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.
Published on 2015-07-13

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 Trade Last Previous Highest Lowest Unit
Balance of Trade 430.25 465.36 606.19 -319.71 USD Hundred Million [+]
Exports 1950.97 1920.11 2275.13 13.00 USD Hundred Million [+]
Imports 1520.72 1454.76 1830.94 16.60 USD Hundred Million [+]
Current Account 766.00 1522.00 1522.00 -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 111.95 110.80 118.33 81.75 Index Points [+]
Foreign Direct Investment 766.00 684.11 1195.62 18.32 USD Hundred Million [+]
Capital Flows -766.00 -945.00 1320.80 -945.00 USD HML [+]
Tourist Arrivals 161.50 162.50 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1677.00 1658.10 1677.00 395.01 Tonnes [+]
Crude Oil Production 4271.00 4258.00 4315.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2460.00 Jul/15 -3050.00 2229.00 -3912.00 AUD Million [+]
Brazil 2689.00 Aug/15 2379.00 5659.37 -4058.14 USD Million [+]
Canada -593.00 Jul/15 -811.00 8524.80 -3853.00 CAD Million [+]
China 430.25 Jul/15 465.36 606.19 -319.71 USD Hundred Million [+]
Euro Area 26368.70 Jun/15 18800.00 26368.70 -16748.10 EUR Million [+]
France -2658.00 Jun/15 -3999.00 2674.00 -7086.00 EUR Million [+]
Germany 24038.00 Jun/15 19522.00 24038.00 -535.91 EUR Million [+]
India -12812.46 Jul/15 -10830.00 258.90 -20210.90 USD Million [+]
Indonesia 1330.00 Jul/15 528.00 4641.92 -2329.13 USD Million [+]
Italy 2808.95 Jun/15 4140.00 6923.00 -6389.30 EUR Million [+]
Japan -268.06 Jul/15 -69.00 1608.67 -2795.04 JPY Billion [+]
Mexico -2267.00 Jul/15 -749.00 1710.25 -3292.30 USD Million [+]
Netherlands 4760.00 Jun/15 3280.00 6211.40 -907.60 EUR Million [+]
Russia 11228.00 Jul/15 13775.00 20356.00 -185.00 USD Million [+]
South Korea 4350.00 Aug/15 7723.00 9980.00 -4043.45 USD Million [+]
Spain -2046007.00 Jun/15 -1657308.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3741.00 Jul/15 3509.00 3894.91 -1478.68 CHF million [+]
Turkey -7027.59 Jul/15 -6205.89 24.51 -10453.06 USD Million [+]
United Kingdom -1601.00 Jun/15 -885.00 2946.00 -5397.00 GBP Million [+]
United States -41860.00 Jul/15 -45210.00 1946.00 -67823.00 USD Million [+]