China Balance of Trade  1983-2017 | Data | Chart | Calendar | Forecast

China reported a trade surplus of USD 23.9 billion in March of 2017, compared to a USD 25.2 billion surplus a year earlier and above market expectations of a USD 10 billion surplus. Exports increased by 16.4 percent year-on-year, following a 1.3 percent fall in February while markets expected a 3.2 percent growth. Imports rose 20.3 percent, after jumping 38.1 percent in the prior month and above consensus of an 18 percent rise. In February 2017, China posted a trade deficit of USD 9.15 billion. Balance of Trade in China averaged 90.24 USD HML from 1983 until 2017, reaching an all time high of 628.33 USD HML in February of 2015 and a record low of -319.71 USD HML in February of 2012.

China Balance of Trade
Receive the next reported value for China Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-10 02:00 AM Jan $51.35B $40.71B $47.9B $46B
2017-03-08 06:30 AM Feb $-9.15B $51.35B $25.75B $30B
2017-04-13 02:00 AM Mar $23.93B $-9.15B $10B $9B
2017-05-08 02:00 AM Apr $23.93B
2017-06-08 02:00 AM May
2017-07-13 02:00 AM Jun




China Trade Surplus Narrows In March


China reported trade surplus a USD 23.9 billion in March of 2017, compared to a USD 25.2 billion surplus a year earlier and above market expectations of a USD 10 billion surplus. However, it is the lowest trade surplus in a year.

In March exports increased by 16.4 percent year-on-year to USD 180.6 billion, following a 1.3 percent fall in February while markets expected a 3.2 percent growth.

Imports rose 20.3 percent to USD 156.7 billion, after jumping 38.1 percent in the prior month and above consensus of an 18 percent rise.

In yuan-denominated terms, exports went up 22.3 percent and imports rose 26.3 percent.

In February 2017, China posted a trade deficit of USD 9.15 billlion, the first gap in three years.

Considering the first three months of 2017, exports went up 8.2 percent from the same period a year earlier, boosted by higher shipments of electronics (8.6 percent), high-tech products (8 percent), handheld radiotelephones and parts (13.8 percent) and automatica data processing equipment and components (8.4 percent). In contrast, sales fell for clothing and accessories (-0.1 percent), chinese herbal medicine and Chinese medice (-3.2 percent), mineral fertilizer and fertilizer (-21.6 percent), and  precious metal or precious metal jewelry (-0.1 percent).
 
Exports were higher to Hong Kong (0.9 percent), India (14.2 percent), Japan (4.8 percent), South Korea (17.4 percent), Taiwan (10 percent), ASEAN countries (11.4 percent), the EU countries (7.4 percent), South Africa (16.5 percent), Brazil (35.8 percent), Russia (22.4 percent), Australia (8.7 percent) and New Zealand (6.5 percent). The US were the main export partner, with sales rising 10 percent. 
 
Imports jumped 24 percent, mainly due to higher purchases of electronics (11.3 percent), high-tech products (11.7 percent), integrated circuits (11.8 percent), crude (79 percent), agricultural products (19.4 percent) and iron ore and concentrates (91.3 percent). The European Union was the main import partner (imports rose 15.5 percent), followed by the ASEAN countries (27.1 percent), South Korea (13.2 percent), the US (25.9 percent), Japan (20 percent), Taiwan (16.3 percent) and Australia (74.2 percent).

General Administration of Customs of China | Chusnul Ch Manan | chusnul@tradingeconomics.com
4/13/2017 8:29:40 AM



China Trade Last Previous Highest Lowest Unit
Balance of Trade 239.20 -91.48 628.33 -319.71 USD HML [+]
Exports 1806.09 1200.79 2273.72 13.00 USD HML [+]
Imports 1566.84 1292.27 1830.94 16.60 USD HML [+]
Current Account 118.00 692.54 1330.85 -8.96 USD HML [+]
Current Account to GDP 1.80 2.70 10.10 -3.70 percent [+]
External Debt 14207.00 14162.00 14207.00 158.28 USD HML [+]
Terms of Trade 93.67 92.28 118.33 81.75 Index Points [+]
Foreign Direct Investment 329.10 201.00 1262.67 18.32 USD HML [+]
Capital Flows -376.00 -712.00 95.16 -1305.58 USD HML [+]
Tourist Arrivals 128.50 161.00 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1842.56 1838.51 1842.56 395.01 Tonnes [+]
Crude Oil Production 3949.00 3780.00 4408.00 1012.00 BBL/D/1K [+]
Terrorism Index 6.11 6.29 6.29 1.47 [+]
Weapons Sales 1966.00 1360.00 2606.00 3.00 USD Million [+]
Exports to India 5780536.00 3655027.00 5780536.00 2326991.00 USD THO [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



China Balance of Trade Notes

Since 1995, China has been recording consistent trade surpluses which from 2004 to 2009 has increased 10 times. In 2015 as a whole, China’s total trade dropped by 8 percent, as exports shrank 2.8 percent and imports fell sharply by 14.1 percent due to a weaker renminbi and falling commodity prices. In 2015, the biggest trade surpluses were recorded with Hong Kong, the US, the Netherlands, India, the UK, Vietnam, Singapore and Indonesia. China recorded trade deficits with Taiwan, South Korea, Australia, Germany, Brazil and South Africa. This page provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
239.20 -91.48 628.33 -319.71 1983 - 2017 USD HML Monthly
Current Prices, NSA



Last
Afghanistan -7151.00 Dec/16
Albania -31106.20 Mar/17
Algeria -1308.00 Dec/15
Angola 4470.03 Jun/16
Argentina -122.00 Feb/17
Armenia -141.60 Mar/17
Aruba -465.10 Sep/16
Australia 3574.00 Feb/17
Austria -159.00 Jan/17
Azerbaijan 1291382.00 Dec/16
Bahamas -557.30 Dec/16
Bahrain 312.40 Dec/15
Bangladesh -113.50 Jan/17
Barbados -213020.00 Nov/16
Belarus -154.80 Feb/17
Belgium 2241.40 Feb/17
Belize -106.50 Jan/17
Benin -379.80 Dec/16
Bhutan -35828.70 Dec/16
Bolivia -265.44 Dec/16
Bosnia and Herzegovina -631299.06 Feb/17
Botswana -24.00 Dec/16
Brazil 7145.00 Mar/17
Brunei 376.90 Feb/17
Bulgaria -157.40 Feb/17
Burkina Faso -86.40 Mar/16
Burundi -80703.95 Jan/17
Cambodia -994.90 Nov/16
Cameroon -1189.42 Dec/14
Canada -972.10 Feb/17
Cape Verde -6589.70 Feb/17
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 290.30 Mar/17
China 239.20 Mar/17
Colombia -0.99 Feb/17
Comoros -73203.00 Dec/16
Congo -289.80 Dec/15
Costa Rica -385.90 Mar/17
Croatia -3822.78 Feb/17
Cuba -9578.00 Dec/15
Cyprus -273026.00 Feb/17
Czech Republic 38954.00 Feb/17
Denmark 4108.40 Feb/17
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -9404.27 Dec/16
Ecuador 283225.00 Feb/17
Egypt -2084.00 Feb/17
El Salvador -314.09 Feb/17
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -96.63 Feb/17
Ethiopia -3565.10 Sep/16
Euro Area 17800.00 Feb/17
European Union 1699.20 Feb/17
Fiji -255170.00 Nov/16
Finland -280.00 Feb/17
France -6568.00 Feb/17
Gabon 3711.95 Dec/13
Gambia -2344.80 Jun/16
Georgia -397.10 Mar/17
Germany 19881.00 Feb/17
Ghana 46.90 Dec/16
Greece -1977.80 Feb/17
Guatemala -541.00 Jan/17
Guinea 32.97 Sep/16
Guinea Bissau 8.20 Dec/15
Guyana -133.90 Sep/16
Haiti -236.40 Sep/16
Honduras -452.80 Dec/16
Hong Kong -42268.00 Mar/17
Hungary 281000.00 Feb/17
Iceland -16200.00 Mar/17
India -10437.20 Mar/17
Indonesia 1234.00 Mar/17
Iran 4127.00 Sep/16
Iraq 4397.00 Dec/15
Ireland 4735800.00 Feb/17
Israel -702.90 Feb/17
Italy 1884.00 Feb/17
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 614.72 Mar/17
Jordan -709700.00 Jan/17
Kazakhstan 1577.20 Feb/17
Kenya -76470.00 Dec/16
Kosovo -233399.00 Mar/17
Kuwait 1693.00 Dec/16
Kyrgyzstan -111.20 Feb/17
Laos -339.15 Jun/16
Latvia -151.80 Feb/17
Lebanon -1421.92 Feb/17
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 343493.00 Dec/16
Lithuania -250.20 Feb/17
Luxembourg -0.63 Feb/17
Macau -4279600.00 Feb/17
Macedonia -142509.00 Feb/17
Madagascar 20810.00 Dec/16
Malawi -52012.50 Sep/16
Malaysia 8708.72 Feb/17
Maldives -171.90 Nov/16
Mali -226.10 Sep/15
Malta -127663.00 Feb/17
Mauritania -79.64 Mar/16
Mauritius -5647.00 Feb/17
Mexico 684.00 Feb/17
Moldova -156.10 Feb/17
Monaco -119.40 Dec/16
Mongolia 189.40 Mar/17
Montenegro -165285.00 Mar/17
Morocco -11927.00 Feb/17
Mozambique 18.20 Dec/16
Myanmar -332.60 Jul/16
Namibia -10235.56 Dec/16
Nepal -65907.40 Sep/16
Netherlands 5585.00 Feb/17
New Caledonia -10978.00 Dec/16
New Zealand -18.29 Feb/17
Nicaragua -268.30 Dec/16
Niger -108402.00 Sep/16
Nigeria 227044.30 Dec/16
North Korea -476.67 Dec/15
Norway 22719.43 Mar/17
Oman 205.90 Nov/16
Pakistan -336061.00 Mar/17
Palestine -334.00 Feb/17
Panama -698306.16 Feb/17
Papua New Guinea 4593.00 Sep/16
Paraguay 118135.00 Mar/17
Peru 741.00 Feb/17
Philippines -1728241.69 Feb/17
Poland -537.00 Feb/17
Portugal -746.19 Feb/17
Puerto Rico 2830.80 Dec/16
Qatar 12321.00 Feb/17
Republic of the Congo 4092.35 Dec/10
Romania -651.60 Feb/17
Russia 10171.00 Feb/17
Rwanda -116.57 Nov/16
Sao Tome and Principe -27.04 Dec/16
Saudi Arabia 88253.00 Dec/16
Senegal -149.50 Jan/17
Serbia -365.80 Feb/17
Seychelles -23.40 Feb/17
Sierra Leone -52.89 Jun/16
Singapore 6098.90 Mar/17
Slovakia 344.00 Feb/17
Slovenia 15.03 Feb/17
Somalia -1473.48 Dec/15
South Africa 5216.14 Feb/17
South Korea 6550.00 Mar/17
South Sudan -104.70 Dec/15
Spain -2606000.00 Feb/17
Sri Lanka -773.00 Feb/17
Sudan -477522.00 Dec/16
Suriname 154.40 Dec/16
Swaziland 608.24 Sep/16
Sweden 0.00 Feb/17
Switzerland 3105.00 Feb/17
Syria 9394.50 Dec/10
Taiwan 3933.06 Mar/17
Tajikistan -117.70 Jan/17
Tanzania 150.30 Jan/17
Thailand 1616.92 Mar/17
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia -1368.30 Mar/17
Turkey -3690.00 Feb/17
Turkmenistan 2181.97 Dec/15
Uganda -181.00 Feb/17
Ukraine -336.20 Feb/17
United Arab Emirates 250900.00 Dec/16
United Kingdom -3663.00 Feb/17
United States -43557.00 Feb/17
Uruguay -63419.00 Feb/17
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -1100.00 Mar/17
Yemen -2914.30 Dec/13
Zambia -998.80 Sep/16
Zimbabwe -197.50 Dec/16