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

China recorded a trade surplus of 341.34 USD Hundred Million in April of 2015. Balance of Trade in China averaged 68.72 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.

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China Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
341.34 30.81 606.19 -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 Tuesday, May 26, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-08 02:38 AM Feb $ 60.6B $60.0B $ 10.8B $ 52.9B
2015-04-13 02:00 AM Mar $ 3.08B $ 60.6B $45.35B $ 20B
2015-05-08 02:30 AM Apr $34.13B $ 3.08B $39.45B $ 62.2B
2015-06-08 02:00 AM May $34.13B $ 66.2B
2015-07-10 03:00 AM Jun $ 68.7B
2015-08-08 03:00 AM Jul $ 70.4B


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.

In April, exports dropped 6.4 percent year-on-year to USD 176.33 billion, compared to a 15.0 percent decrease in the previous month. Imports fell by 16.2 percent year-on-year to USD 142.2 billion as a result of declining commodity prices and following a 12.7 percent drop in March. In March, the country registered a USD 3.08 billion trade surplus.

Considering the first four months of 2015, exports rose a meager 1.6 percent, driven by rice (+59.5 percent), mineral fertilzer (+58.3 percent), unwrought aluminium (+30.6 percent), handheld wireless (+20.8 percent), steel (+7.4 percent) and plastic products (+2.5 percent). In contrast, sales declined for: coal & ignite (-53.7 percent), refined oils (-32.5 percent), precious metals (-67.6 percent), automatic data processing (-13.1 percent) and clothing & accessories (-4.2 percent). Shipments increased to India (+15.4 percent), the ASEAN countries (+12.9 percent), the US (9.0 percent), South Africa (18.4 percent) and Australia (+5.9 percent) but were down to Hong Kong (-10 percent), Japan (-12.2 percent), the EU countries (-1.0 percent), Russia (-35.6 percent) and Brazil (-4.4 percent).  

Imports shrank 17.3 percent as purchases from all of the country's trading partners declined. Those from the US decreased by 11.7 percent, India (-27.4 percent), Japan (-10.2 percent), Hong Kong (-26.9 percent), South Korea (-7.7 percent), the ASEAN countries (-18.4 percent), the EU countries (-11.4 percent), Russia (-30.1 percent), South Africa (-46.0 percent), Brazil (-33.5 percent) and Australia (-28.4 percent).

General Administration of Customs l Rida Husna l rida@tradingeconomics.com
5/8/2015 12:57:08 PM


Recent Releases

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's Trade Surplus at New Record High in February
China reported a USD 60.6 billion trade surplus in February of 2015 compared with a USD 22.9 billion deficit a year earlier as exports surged while imports dropped. Published on 2015-03-08


China Trade Last Previous Highest Lowest Unit
Balance of Trade 341.34 30.81 606.19 -319.71 USD Hundred Million [+]
Exports 1763.31 1445.69 2275.14 13.00 USD Hundred Million [+]
Imports 1421.96 1414.87 1830.94 16.60 USD Hundred Million [+]
Current Account 789.00 670.21 1330.85 -8.96 USD Hundred Million [+]
Current Account to GDP 2.00 2.60 10.10 -3.70 percent [+]
External Debt 8955.00 8631.67 8955.00 158.28 USD Hundred Million [+]
Terms of Trade 111.40 106.62 118.33 81.75 Index Points [+]
Foreign Direct Investment 444.90 348.80 1195.62 18.32 USD Hundred Million [+]
Capital Flows -789.00 -304.95 1320.80 -789.00 USD HML [+]
Tourist Arrivals 185.60 172.00 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1054.09 1054.09 1054.09 395.01 Tonnes [+]
Crude Oil Production 4253.00 4315.00 4315.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1322.00 Mar/15 -1609.00 2254.00 -3877.00 AUD Million [+]
Brazil 491.00 Apr/15 458.00 5659.37 -4058.14 USD Million [+]
Canada -3019.00 Mar/15 -2215.00 8524.80 -3019.00 CAD Million [+]
China 341.34 Apr/15 30.81 606.19 -319.71 USD Hundred Million [+]
Euro Area 23372.90 Mar/15 20300.00 24009.80 -16638.00 EUR Million [+]
France -4575.00 Mar/15 -3623.00 2674.00 -7086.00 EUR Million [+]
Germany 23000.00 Mar/15 19515.32 23500.00 -535.91 EUR Million [+]
India -10990.00 Apr/15 -11790.00 258.90 -20210.90 USD Million [+]
Indonesia 454.40 Apr/15 1025.60 4641.92 -2329.13 USD Million [+]
Italy 4060.39 Mar/15 3537.91 6923.00 -6389.30 EUR Million [+]
Japan -53.44 Apr/15 227.43 1608.67 -2795.04 JPY Billion [+]
Mexico -85.30 Apr/15 479.80 1710.25 -3292.30 USD Million [+]
Netherlands 5401.00 Mar/15 6329.20 6329.20 -907.60 EUR Million [+]
Russia 14981.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8488.00 Apr/15 8380.51 8488.00 -4043.45 USD Million [+]
Spain -890600.00 Mar/15 -2037200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -6153.67 Mar/15 -4655.64 24.51 -10453.06 USD Million [+]
United Kingdom -2817.00 Mar/15 -3318.00 2946.00 -5397.00 GBP Million [+]
United States -51367.00 Mar/15 -35892.00 1946.00 -67823.00 USD Million [+]