China Balance of Trade  1983-2017 | Data | Chart | Calendar | Forecast

China reported a USD 51.35 billion trade surplus in January of 2017, lower than a USD 56.67 billion surplus a year earlier but above market consensus of a USD 47.90 billion surplus. It was the largest trade surplus since January 2016, mainly driven by a 7.9 percent rise in exports while imports surged 16.9 percent. The trends in January and February can be distorted by the week-long Lunar New Year holidays, with business slowing down weeks ahead of time and companies scaling back operations. This year, the holiday was on January 28th. Balance of Trade in China averaged 90.32 USD HML from 1983 until 2017, reaching an all time high of 628.33 USD HML in February of 2015 and a record low of -319.71 USD HML in February of 2012.

China Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-08 03:30 AM Nov $44.61B $49.06B $46.3B $48.7B
2017-01-13 02:00 AM Dec $40.82B $44.23B $46.5B $46B
2017-02-10 02:00 AM Jan $51.35B $40.71B $47.9B $46B
2017-03-08 02:00 AM Feb $51.35B
2017-04-13 02:00 AM Mar
2017-05-08 02:00 AM Apr




China Trade Surplus Largest In A year


China reported a USD 51.35 billion trade surplus in January of 2017, lower than a USD 56.67 billion surplus a year earlier but above market consensus of a USD 47.90 billion surplus. It was the largest trade surplus since January 2016, mainly driven by a 7.9 percent rise in exports while imports surged 16.7 percent.

In January, exports rose 7.9 percent year-on-year to USD 182.81 billion, due to stronger global demand, following a 6.2 percent drop in the prior month and beating expectations of a 3.3 percent rise. Sales to the U.S. went up 9 percent, which could add concerns by the Trump administration about bilateral trade.

Imports increased by 16.7 percent to USD 131.43 billion, compared to a 3.1 percent growth in a month earlier while. Figure came in higher than market estimates of a 10.0 percent increase, mainly due to rising demand for coal, crude oil and iron core.

In yuan-denominated terms, exports jumped 15.9 percent from a year earlier, compared to a 0.6 percent rise in a month earlier. Inbound shipments surged 25.2 percent, following a 10.0 percent rise in December.

In December 2016, the country reported a marginally revised USD 40.71 billion surplus.

Trade in January and February can be distorted by the week-long Lunar New Year holidays, with business slowing down weeks ahead of time and companies scaling back operations. This year, the holiday fell on January 28th.



General Administration of Customs | Rida Husna | rida@tradingeconomics.com
2/10/2017 11:17:42 AM



China Trade Last Previous Highest Lowest Unit
Balance of Trade 513.50 407.10 628.33 -319.71 USD HML [+]
Exports 1828.07 2094.17 2273.72 13.00 USD HML [+]
Imports 1314.23 1685.99 1830.94 16.60 USD HML [+]
Current Account 376.00 692.54 1330.85 -8.96 USD HML [+]
Current Account to GDP 1.90 2.70 10.10 -3.70 percent [+]
External Debt 14162.00 8955.00 14162.00 158.28 USD HML [+]
Terms of Trade 94.48 94.12 118.33 81.75 Index Points [+]
Foreign Direct Investment 116.80 1260.01 1262.67 18.32 USD HML [+]
Capital Flows -376.00 -712.00 95.16 -1305.58 USD HML [+]
Tourist Arrivals 128.50 161.00 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1838.51 1823.30 1838.51 395.01 Tonnes [+]
Crude Oil Production 3780.00 3780.00 4408.00 1012.00 BBL/D/1K [+]
Terrorism Index 6.11 6.29 6.29 1.47 [+]
Weapons Sales 1966.00 1360.00 2606.00 3.00 USD Million [+]
Exports to India 5491765.00 5186019.00 5618919.00 2326991.00 USD THO [+]



China Balance of Trade Notes

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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
513.50 407.10 628.33 -319.71 1983 - 2017 USD HML Monthly
Current Prices, NSA



Last
Afghanistan -7159.00 Dec/15
Albania -15870.70 Jan/17
Algeria -1308.00 Dec/15
Angola 4470.03 Jun/16
Argentina -106.00 Jan/17
Armenia -115.70 Jan/17
Aruba -465.10 Sep/16
Australia 3511.00 Dec/16
Austria -284.00 Nov/16
Azerbaijan 981353.00 Sep/16
Bahamas -517.60 Sep/16
Bahrain 312.40 Dec/15
Bangladesh -113.51 Nov/16
Barbados -213020.00 Nov/16
Belarus -493.30 Dec/16
Belgium 1837.10 Dec/16
Belize -156.00 Dec/16
Benin -278.15 Sep/16
Bhutan -35828.70 Dec/16
Bolivia -116.89 Sep/16
Bosnia and Herzegovina -609171.99 Dec/16
Botswana 1541.10 Nov/16
Brazil 2724.00 Jan/17
Brunei 203.30 Dec/16
Bulgaria -408.10 Dec/16
Burkina Faso -86.40 Mar/16
Burundi -118434.20 Aug/16
Cambodia -554.50 Sep/16
Cameroon -1189.42 Dec/14
Canada 922.80 Dec/16
Cape Verde -5560.90 Nov/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 719.92 Jan/17
China 513.50 Jan/17
Colombia -0.67 Dec/16
Comoros -73203.00 Dec/16
Congo 1001.80 Dec/14
Costa Rica -539.10 Jan/17
Croatia -4663.06 Dec/16
Cuba -9578.00 Dec/15
Cyprus -407621.00 Dec/16
Czech Republic 21481.00 Dec/16
Denmark 3788.10 Dec/16
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -9404.27 Dec/16
Ecuador 15100.00 Dec/16
Egypt -2379.00 Dec/16
El Salvador -424.16 Dec/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -170.31 Dec/16
Ethiopia -3565.10 Sep/16
Euro Area 28142.20 Dec/16
European Union 20885.30 Dec/16
Fiji -204403.00 Sep/16
Finland -530.00 Dec/16
France -3421.00 Dec/16
Gabon 3711.95 Dec/13
Gambia -2344.80 Jun/16
Georgia -297.60 Jan/17
Germany 18700.00 Dec/16
Ghana -452.40 Sep/16
Greece -1566.60 Dec/16
Guatemala -488.00 Dec/16
Guinea 32.97 Sep/16
Guinea Bissau 8.20 Dec/15
Guyana -133.90 Sep/16
Haiti -236.40 Sep/16
Honduras -490.00 Nov/16
Hong Kong -12345.00 Jan/17
Hungary 173000.00 Dec/16
Iceland -6700.00 Jan/17
India -9840.90 Jan/17
Indonesia 1395.80 Jan/17
Iran 4127.00 Sep/16
Iraq 4397.00 Dec/15
Ireland 4017900.00 Dec/16
Israel -705.40 Jan/17
Italy 5797.75 Dec/16
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan -1086.90 Jan/17
Jordan -721456.00 Dec/16
Kazakhstan 1443.10 Dec/16
Kenya -76470.00 Dec/16
Kosovo -247031.00 Dec/16
Kuwait 1385.00 Sep/16
Kyrgyzstan -114.40 Dec/16
Laos -339.15 Jun/16
Latvia -240.10 Dec/16
Lebanon -1292.24 Dec/16
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 343493.00 Dec/16
Lithuania -238.00 Dec/16
Luxembourg -0.37 Dec/16
Macau -6002747.00 Dec/16
Macedonia -201662.00 Dec/16
Madagascar 20810.00 Dec/16
Malawi -53950.00 Mar/16
Malaysia 8720.00 Dec/16
Maldives -171.90 Nov/16
Mali -226.10 Sep/15
Malta -151832.00 Dec/16
Mauritania -79.64 Mar/16
Mauritius -7927.00 Dec/16
Mexico -3294.00 Jan/17
Moldova -197.50 Dec/16
Monaco -104.50 Jun/16
Mongolia 151.40 Jan/17
Montenegro -70238.00 Jan/17
Morocco -16689.00 Dec/16
Mozambique -434.30 Sep/16
Myanmar -303.20 May/16
Namibia -6654.37 Sep/16
Nepal -80884.00 Jun/16
Netherlands 5494.00 Dec/16
New Caledonia -7307.00 Oct/16
New Zealand -285.00 Jan/17
Nicaragua -294.50 Nov/16
Niger -108402.00 Sep/16
Nigeria -27238.30 Sep/16
North Korea -476.67 Dec/15
Norway 25045.75 Jan/17
Oman 90.00 Sep/16
Pakistan -309673.00 Jan/17
Palestine -372.00 Dec/16
Panama -1009640.52 Dec/16
Papua New Guinea 3223.00 Jun/16
Paraguay -209595.00 Jan/17
Peru 1023.00 Dec/16
Philippines -2564000.00 Dec/16
Poland -151.00 Dec/16
Portugal -1373.50 Dec/16
Puerto Rico 2204.40 Nov/16
Qatar 10981.00 Jan/17
Republic of the Congo 4092.35 Dec/10
Romania -1185.40 Dec/16
Russia 11834.00 Dec/16
Rwanda -116.57 Nov/16
Sao Tome and Principe -27.04 Dec/16
Saudi Arabia 73133.00 Sep/16
Senegal -96.90 Dec/16
Serbia -514.40 Dec/16
Seychelles -38.40 Dec/16
Sierra Leone -52.89 Jun/16
Singapore 3287.37 Jan/17
Slovakia -120.00 Dec/16
Slovenia 18.80 Dec/16
Somalia -1473.48 Dec/15
South Africa 12036.48 Dec/16
South Korea 3200.00 Jan/17
South Sudan -104.70 Dec/15
Spain -2447000.00 Dec/16
Sri Lanka -957.00 Dec/16
Sudan -477522.00 Dec/16
Suriname 42.20 Sep/16
Swaziland -320.72 Jun/16
Sweden 1000.00 Dec/16
Switzerland 4733.00 Jan/17
Syria 9394.50 Dec/10
Taiwan 3494.92 Jan/17
Tajikistan -196.00 Dec/16
Tanzania -26.00 Nov/16
Thailand 826.00 Jan/17
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia -1221.80 Jan/17
Turkey -5598.00 Dec/16
Turkmenistan 2181.97 Dec/15
Uganda -143.40 Dec/16
Ukraine -561.70 Dec/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -3304.00 Dec/16
United States -44262.00 Dec/16
Uruguay -127557.00 Dec/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam 1150.00 Jan/17
Yemen -2914.30 Dec/13
Zambia -998.80 Sep/16
Zimbabwe -241.27 Aug/16