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

China recorded a trade surplus of 473 USD Hundred Million in July of 2014. Balance of Trade in China averaged 61.07 USD Hundred Million from 1983 until 2014, reaching an all time high of 473 USD Hundred Million in July 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.

   
 
 
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China Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
473.01 315.65 473.00 -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 Wednesday, September 3, 2014.


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.

Exports accelerated 14.5 percent year-on-year to USD 212.9 billion. Shipments to US increased by 12.3 percent, to European Union by 17 percent, to Japan by 2.9 percent, to South Korea by 32.1 percent, to Taiwan by 48 percent and to Australia by 2.6 percent.

Imports declined 1.6 percent to USD165.6 billion after gaining 5.5 percent in the previous month.
 
China's trade surplus with the European Union, its biggest trading partner, surged by 37 percent yoy to $13.7 billion. While with the United States widened by 17 percent to $22.3 billion. In the same month last year, China recorded  trade surplus USD17.8 billion.
 

rida@tradingeconomics.com
8/8/2014 9:46:21 AM


Recent Releases

China Trade Surplus Narrows in June
Chinese trade surplus decreased to USD 31.6 billion in June of 2014 from USD 35.9 billion in May. While imports rebounded from last month's fall, exports rose less than expected. Published on 2014-07-10

China Trade Surplus At 5-Year High
Chinese trade surplus nearly doubled to USD 35.9 billion in May of 2014 from USD 18.5 billion in the previous month. While exports posted strong growth, imports declined 1.6 percent year-on-year. Published on 2014-06-08


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-08 03:00 AM China
Balance of Trade
Apr 2014 $ 18.45B $ 7.7B $ 11B $ 10B
2014-06-08 03:00 AM China
Balance of Trade
May 2014 $35.92B $ 18.45B $ 123.95B $ 25B
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 $47.3B $48.7B $ 32.2B


Trade Last Previous Highest Lowest Unit
Balance of Trade 473.01 315.65 473.00 -319.71 USD Hundred Million [+]
Exports 2128.91 1867.89 2128.91 13.00 USD Hundred Million [+]
Imports 1655.91 1552.24 1830.94 16.60 USD Hundred Million [+]
Current Account 722.00 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 HML [+]
Terms of Trade 97.53 97.28 118.33 81.75 Index Points [+]
Foreign Direct Investment 711.40 633.30 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 4132.00 4154.00 4281.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1683.00 Jun/14 -2043.00 2225.00 -3907.00 AUD Million [+]
Brazil 1168.00 Aug/14 1573.96 5659.37 -4058.14 USD Million [+]
Canada 1859.60 Jun/14 576.00 8524.80 -2902.90 CAD Million [+]
China 473.01 Jul/14 315.65 473.00 -319.71 USD Hundred Million [+]
Euro Area 16808.50 Jun/14 15400.00 21780.80 -16638.00 EUR Million [+]
France -5380.00 Jun/14 -5129.00 2674.00 -7004.00 EUR Million [+]
Germany 16405.95 Jun/14 18172.20 21410.60 -535.91 EUR Million [+]
India -12228.60 Jul/14 -11763.20 258.90 -20210.90 USD Million [+]
Indonesia 130.00 Jul/14 -288.00 4641.92 -2329.13 USD Million [+]
Italy 3675.63 May/14 3517.00 6382.91 -6389.31 EUR Million [+]
Japan -963.99 Jul/14 -823.20 1608.67 -2795.04 JPY Billion [+]
Mexico -979.88 Jul/14 423.73 1710.25 -3292.30 USD Million [+]
Netherlands 4773.00 Jun/14 3337.10 4948.70 -907.60 EUR Million [+]
Russia 13957.00 Jun/14 18280.00 20356.00 -185.00 USD Million [+]
South Korea 3400.00 Aug/14 2398.95 6794.27 -4043.45 USD Million [+]
Spain -1477012.00 Jun/14 -1756166.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3983.49 Jul/14 1412.00 3983.49 -1478.68 CHF million [+]
Turkey -6460.00 Jul/14 -7853.06 24.51 -10453.06 USD Million [+]
United Kingdom -2459.00 Jun/14 -2364.00 2946.00 -5269.00 GBP Million [+]
United States -41538.00 Jun/14 -44392.00 1946.00 -67823.00 USD Million [+]





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