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

China recorded a trade surplus of 544.74 USD Hundred Million in November of 2014. Balance of Trade in China averaged 65.40 USD Hundred Million from 1983 until 2014, reaching an all time high of 544.74 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
544.74 454.05 544.74 -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, December 19, 2014.


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.

Exports amounted to USD 211.66 billion, as compared to a USD 202.20 billion a year ago and a USD 206.86 billion in the previous month. Sales advanced to: Japan (+9.9 percent from 8.1 percent decline in October), the United States (+7.8 percent from +10.9 percent), ASEAN (+14.5 percent from +18 percent), South Korea (+ 10.3 percent from +13.8 percent), EU (+10.6 percent from +4.1 percent)). In contrast, exports declined to South Africa (-8.7 percent), India (-7.9 percent) and Brazil (-2 percent).

Imports amounted to USD 157.19 billion, as compared to  a USD 168.40 a year earlier and a USD 161.46 billion in the preceding month. Purchases from India in November fell the most by 28.3 percent year-on-year, followed by South Africa (-13.7 percent), Taiwan (-4.8 percent) and Canada (-1.3 percent). 

Rida l rida@tradingeconomics.com
12/8/2014 9:40:33 AM


Recent Releases

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

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. Published on 2014-10-13


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-13 03:00 AM
Balance of Trade  Sep
$31.0B $49.83B $ 41.0B $ 40.2B
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
2015-01-10 02:00 AM
Balance of Trade  Dec
2015-02-12 02:00 AM
Balance of Trade  Jan
2015-03-08 02:00 AM
Balance of Trade  Feb


China Trade Last Previous Highest Lowest Unit
Balance of Trade 544.74 454.05 544.74 -319.71 USD Hundred Million [+]
Exports 2116.60 2068.67 2136.87 13.00 USD Hundred Million [+]
Imports 1571.86 1614.61 1830.94 16.60 USD Hundred Million [+]
Current Account 815.00 734.41 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 104.62 103.13 118.33 81.75 Index Points [+]
Foreign Direct Investment 1062.40 958.80 1175.86 18.32 USD Hundred Million [+]
Capital Flows -816.00 -162.07 1320.80 -816.00 USD HML [+]
Tourist Arrivals 203.70 176.40 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1054.09 1054.09 1054.09 395.01 Tonnes [+]
Crude Oil Production 4118.00 4084.00 4281.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1323.00 Oct/14 -2235.00 2226.00 -3892.00 AUD Million [+]
Brazil -2350.52 Nov/14 -1177.00 5659.37 -4058.14 USD Million [+]
Canada 100.00 Oct/14 310.00 8524.80 -2902.90 CAD Million [+]
China 544.74 Nov/14 454.05 544.74 -319.71 USD Hundred Million [+]
Euro Area 24000.00 Oct/14 18100.00 24000.00 -16638.00 EUR Million [+]
France -4608.00 Oct/14 -4715.00 2674.00 -7086.00 EUR Million [+]
Germany 21900.00 Oct/14 22100.00 23400.00 -535.91 EUR Million [+]
India -16860.00 Nov/14 -13350.00 258.90 -20210.90 USD Million [+]
Indonesia 20.00 Oct/14 -270.30 4641.92 -2329.13 USD Million [+]
Italy 5397.00 Oct/14 2020.00 6923.00 -6389.30 EUR Million [+]
Japan -891.85 Nov/14 -709.99 1608.67 -2795.04 JPY Billion [+]
Mexico 143.00 Oct/14 590.00 1710.25 -3292.30 USD Million [+]
Netherlands 5195.00 Oct/14 4707.00 5195.00 -907.60 EUR Million [+]
Russia 13595.00 Oct/14 12953.00 20356.00 -185.00 USD Million [+]
South Korea 5606.00 Nov/14 7380.00 7380.00 -4043.45 USD Million [+]
Spain -2373700.00 Sep/14 -2771962.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3868.00 Nov/14 3226.00 3901.00 -1478.68 CHF million [+]
Turkey -6251.72 Oct/14 -6925.00 24.51 -10453.06 USD Million [+]
United Kingdom -2024.00 Oct/14 -2822.00 2946.00 -5397.00 GBP Million [+]
United States -43400.00 Oct/14 -43600.00 1946.00 -67823.00 USD Million [+]