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

China recorded a trade surplus of 594.88 USD Hundred Million in May of 2015. Balance of Trade in China averaged 70.09 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
594.88 341.34 606.19 -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 Saturday, July 4, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 $59.488B $34.13B $44.95B $ 46.2B
2015-07-13 01:00 AM Jun $59.488B $ 68.7B
2015-08-08 03:00 AM Jul $ 70.4B
2015-09-08 03:00 AM Aug $ 71.4B


China Trade Surplus Widens More than Expected


China trade surplus increased to USD 59.49 billion in May of 2015 from USD 35.92 billion reported a year earlier. This is the third-biggest monthly surplus on record as imports declined more than exports.

In May, exports dropped 2.5 percent year-on-year to USD 190.75 billion, compared to a 6.4 percent decrease in the previous month. Imports fell by 17.6 percent year-on-year to USD 131.26 billion as a result of declining commodity prices and following a 16.2 percent drop in April. In the previous month, the country registered a USD 34.13 billion trade surplus.

Considering the first five months of 2015, exports rose a meager 0.7 percent, driven by rice (+19.6 percent); crude (+428.4 percent); mineral fertilizer (+72.8 percent); ceramic products (+34.2 percent); unwrought aluminium (+28.6 percent), handheld wireless(+18.2 percent); lamps, lighting fixtures (+23.4 percent) and toys (+11.9 percent). In contrast, sales declined for: coal and ignite (-43.0 percent); rare earths (-28.0 percent), refined oils (-34.2 percent), precious metals (-67.3 percent), automatic data processing (-13.0 percent) and LCD panel (-6.3 percent). Shipments increased to India (+11.7 percent), the ASEAN countries (+1.7 percent), the US (8.7 percent), South Africa (14.5 percent) and Australia (+5.5 percent) but were down to Hong Kong (-9.3 percent), Japan (-11.4 percent), Russia (-36.7 percent) and Brazil (-6.7 percent).  

Imports shrank 17.3 percent as purchases from all of the country's trading partners declined except Vietnam. Those from the US decreased by 10.3 percent, India (-27.4 percent), Japan (-11.3 percent), Hong Kong (-24.2 percent), South Korea (-7.9 percent), the EU countries (-14.2 percent), the ASEAN countries (-11.4 percent), Russia (-27.6 percent), South Africa (-43.1 percent), Brazil (-31.6 percent) and Australia (-29.5 percent). In contrast, imports from Vietnam rose by 17.3 percent.

General Administration of Customs l Rida Husna l rida@tradingeconomics.com
6/8/2015 10:04:26 AM


Recent Releases

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.
Published on 2015-05-08

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 Posts Highest Trade Surplus on Record in January
China reported a USD 60 billion trade surplus in January of 2015 compared with a USD 31.86 billion surplus a year earlier as imports fell at a faster pace than exports.
Published on 2015-02-08


China Trade Last Previous Highest Lowest Unit
Balance of Trade 594.88 341.34 606.19 -319.71 USD Hundred Million [+]
Exports 1907.52 1763.31 2275.14 13.00 USD Hundred Million [+]
Imports 1312.64 1421.96 1830.94 16.60 USD Hundred Million [+]
Current Account 789.00 670.21 1330.85 -8.96 USD Hundred Million [+]
Current Account to GDP 2.10 2.00 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 538.30 444.90 1195.62 18.32 USD Hundred Million [+]
Capital Flows -789.00 -304.95 1320.80 -789.00 USD HML [+]
Tourist Arrivals 180.80 185.60 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1054.09 1054.09 1054.09 395.01 Tonnes [+]
Crude Oil Production 4254.00 4218.00 4315.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -2974.00 Apr/15 -3853.00 8524.80 -3853.00 CAD Million [+]
China 594.88 May/15 341.34 606.19 -319.71 USD Hundred Million [+]
Euro Area 24941.50 Apr/15 22974.80 24941.50 -16748.10 EUR Million [+]
France -3008.00 Apr/15 -4410.00 2674.00 -7086.00 EUR Million [+]
Germany 22100.00 Apr/15 23100.00 23500.00 -535.91 EUR Million [+]
India -10406.20 May/15 -10990.00 258.90 -20210.90 USD Million [+]
Indonesia 955.00 May/15 477.40 4641.92 -2329.13 USD Million [+]
Italy 3736.00 Apr/15 4011.00 6923.00 -6389.30 EUR Million [+]
Japan -216.00 May/15 -53.44 1608.67 -2795.04 JPY Billion [+]
Mexico -1017.00 May/15 -85.30 1710.25 -3292.30 USD Million [+]
Netherlands 5017.00 Apr/15 5440.00 6329.20 -907.60 EUR Million [+]
Russia 17142.00 May/15 15037.00 20356.00 -185.00 USD Million [+]
South Korea 10243.00 Jun/15 6300.98 10243.00 -4043.45 USD Million [+]
Spain -2253100.00 Apr/15 -890600.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3433.00 May/15 2658.00 3894.91 -1478.68 CHF million [+]
Turkey -6753.00 May/15 -4966.00 24.51 -10453.06 USD Million [+]
United Kingdom -1202.00 Apr/15 -3093.00 2946.00 -5397.00 GBP Million [+]
United States -40879.00 Apr/15 -50566.00 1946.00 -67823.00 USD Million [+]