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

China recorded a trade surplus of 496.13 USD Hundred Million in December of 2014. Balance of Trade in China averaged 65.27 USD Hundred Million from 1983 until 2014, reaching an all time high of 544.76 USD Hundred Million in November 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.

      Forecast    
China Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
496.13 544.76 544.76 -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 Friday, January 30, 2015.


China Reports USD 49.6 B Trade Surplus in December


China reported a USD 49.6 billion trade surplus in December of 2014, up from a USD 25.6 billion surplus a year earlier. It is the third highest surplus on record, as exports beat market expectations and surged 9.7 percent year-on-year.

Year-on-year, exports rose 9.7 percent to USD 227.5 billion in December. Sales advanced to: South Korea (31 percent), the ASEAN countries (18.7 percent), Taiwan (13.8 percent), the United States (9.9 percent), Australia (9.9 percent) and the EU (4.9 percent). In contrast, shipments fell to Japan (-7.2 percent). 

Imports decreased by 2.4 percent to USD 177.9 billion. Purchases from the ASEAN countries fell 5.8 percent and those from Japan shrank 0.1 percent. Meanwhile, imports rose from: the EU countries (15.4 percent), Taiwan (13.6 percent), Australia (3 percent), the US (3.0 percent) and South Korea (1.3 percent).

In November 2014 China posted a record high trade surplus of a USD 54.5 billion.

For 2014, the country's total exports rose 6.1 percent, slowing from a 7.9 percent increase in 2013. Meanwhile, total imports increased by 0.4 percent, slowing sharply from a 7.3 percent rise a year before. That brought a USD 382.46 billion trade surplus in 2014, compared to a USD 259.75 billion  surplus in 2013. 


General Administration of Customs l Rida Husna l rida@tradingeconomics.com
1/13/2015 10:02:19 AM


Recent Releases

China Trade Surplus Jumps to Record High in November
China trade surplus widened to USD 54.5 billion in November of 2014 from a USD 33.80 billion a year earlier, touching a new record high, as exports grew by 4.7 percent while imports unexpectedly declined by 6.7 percent. Published on 2014-12-08

China Trade Surplus Widens 46.5%
Chinese trade surplus increased to USD 45.4 billion in October of 2014 from a USD 31 billion surplus a year earlier. Exports rose more than expected driven by sales to the United States and Asia while imports slowed. Published on 2014-11-08


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-08 02:00 AM
Balance of Trade  Oct
$45.41B $31.0B $42B $ 40.1B
2014-12-08 02:00 AM
Balance of Trade  Nov
$54.5B $45.41B $ 43.5B $ 44.6B
2015-01-13 02:00 AM
Balance of Trade  Dec
$49.6B $54.5B $49.85B $ 49.5B
2015-02-08 01:00 AM
Balance of Trade  Jan
$49.6B $ 53.7B
2015-03-08 02:00 AM
Balance of Trade  Feb
$ 49.6B
2015-04-10 03:00 AM
Balance of Trade  Mar
$ 53.7B


China Trade Last Previous Highest Lowest Unit
Balance of Trade 496.13 544.76 544.76 -319.71 USD Hundred Million [+]
Exports 2275.14 2116.63 2275.14 13.00 USD Hundred Million [+]
Imports 1779.01 1571.86 1830.94 16.60 USD Hundred Million [+]
Current Account 721.76 734.41 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 104.19 104.62 118.33 81.75 Index Points [+]
Foreign Direct Investment 1195.60 1062.41 1195.60 18.32 USD Hundred Million [+]
Capital Flows -90.31 -162.07 1320.80 -579.06 USD HML [+]
Tourist Arrivals 176.40 203.70 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1054.09 1054.09 1054.09 395.01 Tonnes [+]
Crude Oil Production 4175.00 4118.00 4281.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -925.00 Nov/14 -877.00 2219.00 -3897.00 AUD Million [+]
Brazil 293.00 Dec/14 -2350.52 5659.37 -4058.14 USD Million [+]
Canada -644.30 Nov/14 -327.00 8524.80 -2902.90 CAD Million [+]
China 496.13 Dec/14 544.76 544.76 -319.71 USD Hundred Million [+]
Euro Area 19954.00 Nov/14 23646.00 23646.00 -16638.00 EUR Million [+]
France -3236.00 Nov/14 -4270.00 2674.00 -7086.00 EUR Million [+]
Germany 17883.46 Nov/14 22100.00 23400.00 -535.91 EUR Million [+]
India -9430.00 Dec/14 -16861.10 258.90 -20210.90 USD Million [+]
Indonesia -425.70 Nov/14 20.00 4641.92 -2329.13 USD Million [+]
Italy 3541.23 Nov/14 5396.00 6923.00 -6389.30 EUR Million [+]
Japan -660.70 Dec/14 -893.52 1608.67 -2795.04 JPY Billion [+]
Mexico 254.00 Dec/14 -1076.36 1710.25 -3292.30 USD Million [+]
Netherlands 4531.00 Nov/14 4849.00 4948.70 -907.60 EUR Million [+]
Russia 13359.00 Nov/14 14222.00 20356.00 -185.00 USD Million [+]
South Korea 5780.00 Dec/14 5510.00 7380.00 -4043.45 USD Million [+]
Spain -1555245.00 Nov/14 -2240060.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3868.33 Nov/14 3226.00 3901.00 -1478.68 CHF million [+]
Turkey -8316.49 Nov/14 -6273.41 24.51 -10453.06 USD Million [+]
United Kingdom -1406.00 Nov/14 -2246.00 2946.00 -5397.00 GBP Million [+]
United States -39001.00 Nov/14 -42249.00 1946.00 -67823.00 USD Million [+]