China Balance of Trade 1983-2014 | Data | Chart | Calendar | Forecast

China recorded a trade surplus of 498.30 USD Hundred Million in August of 2014. Balance of Trade in China averaged 61.14 USD Hundred Million from 1983 until 2014, reaching an all time high of 498.30 USD Hundred Million in August of 2014 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


Actual Previous Highest Lowest Dates Unit Frequency
498.30 473.01 498.30 -319.71 1983 - 2014 USD Hundred Million Monthly
Since 1995 China has been recording consistent trade surpluses. From 2004 to 2009 China’s annual trade surplus has increased 10 times. Yet, as the global demand is slowing down and import of commodities for vast infrastructure projects and consumer goods is growing, there has been a significant decline in trade surplus. In the last few years, the biggest trade surpluses were recorded with the United States, Netherlands, United Kingdom, Vietnam and Singapore. The biggest trade deficits were recorded with Taiwan, South Korea, Australia, Germany, South Africa, Japan and Brazil. 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 Thursday, October 2, 2014.


China Trade Surplus Hits New Record High in August


China trade surplus widened to USD 49.83 billion in August of 2014 from USD 28.5 billion a year earlier, beating market forecasts. The surplus hit a record high for the second straight month in August, as exports grew robustly while imports fell.

Exports rose 9.4 percent year-on-year to USD 208.5 billion in August, lower than a 14.5 percent increase in July, but better than market expectations. Sales to the United States rose 11.4 percent, those to the European Union increased 12.1 percent and shipments to the ASEAN countries advanced 13 percent. In contrast, sales to Japan fell1.7 percent and exports to South Korea decreased 12.6 percent.

Imports dropped 2.4 percent year-on-year to USD 158.6 billion in August after falling 1.5 percent in the previous month. Purchases from the United States, Japan, South Korea fell by 3.1 percent; 5.3 percent; 4 percent, respectively. Meanwhile, imports from the EU rose 4.5 percent.

rida@tradingeconomics.com
9/8/2014 10:43:05 AM


Recent Releases

China Trade Surplus Hits Record High
China trade surplus increased to USD 47.3 billion in July of 2014 from USD 31.6 billion in the previous month, beating market forecasts, as exports jumped while imports fell. Published on 2014-08-08

China Trade Surplus Narrows in June
Chinese trade surplus decreased to USD 31.6 billion in June of 2014 from USD 35.9 billion in May. While imports rebounded from last month's fall, exports rose less than expected. Published on 2014-07-10


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-06-08 03:00 AM China
Balance of Trade
May 2014 $35.92B $ 18.45B $ 123.95B $ 25B
2014-07-10 03:00 AM China
Balance of Trade
Jun 2014 $31.6B $35.92B $34.99B $ 20.7B
2014-08-08 03:00 AM China
Balance of Trade
Jul 2014 $47.3B $31.6B $27.0B $ 26.7B
2014-09-08 03:00 AM China
Balance of Trade
Aug 2014 $49.83B $47.3B $40.0B $ 32.2B
2014-10-10 03:00 AM China
Balance of Trade
Sep 2014 $49.83B $ 60.2B


Trade Last Previous Highest Lowest Unit
Balance of Trade 498.30 473.01 498.30 -319.71 USD Hundred Million [+]
Exports 2084.65 2128.91 2128.91 13.00 USD Hundred Million [+]
Imports 1586.29 1655.91 1830.94 16.60 USD Hundred Million [+]
Current Account 722.00 70.39 1330.85 -8.96 USD Hundred Million [+]
Current Account to GDP 2.00 2.60 10.10 -3.70 Percent [+]
External Debt 8631.67 7369.86 8631.67 158.28 USD Hundred Million [+]
Terms of Trade 97.53 97.28 118.33 81.75 Index Points [+]
Foreign Direct Investment 783.40 711.40 1175.86 18.32 USD Hundred Million [+]
Capital Flows -369.00 939.72 1320.80 -517.00 USD HML [+]
Tourist Arrivals 167.60 171.60 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1054.09 1054.09 1054.09 395.01 Tonnes [+]
Crude Oil Production 4259.00 4181.00 4281.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1359.00 Jul/14 -1564.00 2225.00 -3907.00 AUD Million [+]
Brazil -939.00 Sep/14 1168.00 5659.37 -4058.14 USD Million [+]
Canada 2580.00 Jul/14 1830.00 8524.80 -2902.90 CAD Million [+]
China 498.30 Aug/14 473.01 498.30 -319.71 USD Hundred Million [+]
Euro Area 21200.00 Jul/14 16700.00 21780.80 -16638.00 EUR Million [+]
France -5539.00 Jul/14 -5576.00 2674.00 -7086.00 EUR Million [+]
Germany 23400.00 Jul/14 16600.00 23400.00 -535.91 EUR Million [+]
India -10838.56 Aug/14 -12228.60 258.90 -20210.90 USD Million [+]
Indonesia -318.00 Aug/14 42.40 4641.92 -2329.13 USD Million [+]
Italy 6857.00 Jul/14 3236.30 6857.00 -6389.30 EUR Million [+]
Japan -948.50 Aug/14 -962.13 1608.67 -2795.04 JPY Billion [+]
Mexico -1123.00 Aug/14 -979.88 1710.25 -3292.30 USD Million [+]
Netherlands 2724.00 Jul/14 4455.40 4948.70 -907.60 EUR Million [+]
Russia 17068.00 Jul/14 13957.00 20356.00 -185.00 USD Million [+]
South Korea 3361.00 Sep/14 3370.00 6794.27 -4043.45 USD Million [+]
Spain -1826700.00 Jul/14 -1477012.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 1386.00 Aug/14 3901.00 3983.49 -1478.68 CHF million [+]
Turkey -8040.00 Aug/14 -6460.00 24.51 -10453.06 USD Million [+]
United Kingdom -3348.00 Jul/14 -2459.00 2946.00 -5269.00 GBP Million [+]
United States -40546.00 Jul/14 -40810.00 1946.00 -67823.00 USD Million [+]





Overview    |     Worldbank    |     Calendar    |     Countries    |     Indicators    |     News