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

China recorded a trade surplus of 309.43 USD Hundred Million in September 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
309.43 498.30 498.30 -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 Tuesday, October 21, 2014.


China Trade Surplus Widens in September


China trade surplus increased to USD 31.0 billion in September of 2014 from USD 15.2 billion a year earlier, as exports grew more than expected while imports rebounded.

Year-on-year, exports rose 15.3 percent in September of 2014 to USD 213.6 billion, accelerating from a 9.3 percent increase in the previous month. Sales to the United States rose 10.8 percent, slowing for the second consecutive month. Shipments to the European Union increased at a faster 14.9 percent and those to the ASEAN countries advanced 13.8 percent. In contrast, sales to Japan fell for the second straight time by 5.3 percent.

Imports rose 7.0 percent year-on-year to USD 182.7 billion in September, recovering from a 2.4 percent fall in August. Purchases from the United States rose 12.6 percent, following a 3.1 percent drop in August. Imports from the European Union rose 9.1 percent, those from the ASEAN countries and South Korea jumped 26.2 percent and 27.8 percent, respectively while purchases from Japan increased 4.4 percent.

From January to September of 2014, China registered a total trade surplus of USD 231.6 billion, up 37.8 percent year-on-year. Imports of iron ore rose 16.5 percent, copper purchases increased 10.5 percent and crude oil imports increased 8.3 percent. Soybean imports rose 15.3 percent.

General Administration of Customs l Rida l rida@tradingeconomics.com
10/13/2014 11:42:53 AM


Recent Releases

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. Published on 2014-09-08

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


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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
2014-10-13 03:00 AM China
Balance of Trade
Sep 2014 $31.0B $49.83B $ 41.0B $ 40.2B
2014-11-10 03:00 AM China
Balance of Trade
Oct 2014 $31.0B $ 40.1B


China Trade Last Previous Highest Lowest Unit
Balance of Trade 309.43 498.30 498.30 -319.71 USD Hundred Million [+]
Exports 2136.87 2084.65 2128.91 13.00 USD Hundred Million [+]
Imports 1827.45 1586.29 1830.94 16.60 USD Hundred Million [+]
Current Account 734.41 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 873.60 783.40 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 [+]