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

China recorded a trade surplus of 600.33 USD Hundred Million in January of 2015. 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
600.30 496.13 544.76 -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 GermanyThis 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, March 4, 2015.


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.

In January, imports dropped by 19.9 percent to CNY 860 billion year-on-year (approximately USD 140 billion) as a result of falling commodity prices. Purchases of ore declined by 50.3 percent, crude oil by 41.8 percent and coal by 61.8 percent in value terms. Inbound shipments from the country's main trading partners were down except from Taiwan. Imports from India decreased by 36.2 percent, followed by Japan (-13.6 percent), South Korea (-9.8 percent), the US (-9.3 percent), the EU countries (-6.9 percent), New Zealand (-38.3 percent), Australia (-35.2 percent), South Africa (-42.0 percent), Russia (-28.7 percent) and Brazil (-39.8 percent). Imports rose slightly only from Taiwan (+0.7 percent).

Exports unexpectedly declined by 3.3 percent to CNY 1.23 trillion (approximately USD 200 billion). Sales fell to: Russia (-42.1 percent), Japan (-20.4 percent), Australia (-22 percent), Brazil (-17.8 percent), Hong Kong (-10.9 percent), South Korea (-9.7 percent), the EU countries (-4.4 percent) and South Africa (-2.6 percent). In contrast, outbond shipments increased to: the ASEAN countries (+15.6 percent), Taiwan (+8.6 percent), India (+5.1 percent), New Zealand (+6.1 percent), the US (+4.9 percent) and Canada (+2.0 percent).

Since the Lunar New Year typically falls in January or February, the country's trade figure in early year often considered as volatile, due to companies rushing to fill orders ahead of holidays.

General Administration of Customs l Rida Husna l rida@tradingeconomics.com
2/8/2015 11:51:03 AM


Recent Releases

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. Published on 2015-01-13

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
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 02:40 AM
Balance of Trade  Jan
$60.0B $49.6B $ 48.9B $ 53.7B
2015-03-08 01:00 AM
Balance of Trade  Feb
$60.0B $ 52.9B
2015-04-10 03:00 AM
Balance of Trade  Mar
$ 57.7B
2015-05-08 03:00 AM
Balance of Trade  Apr
$ 62.2B


China Trade Last Previous Highest Lowest Unit
Balance of Trade 600.30 496.13 544.76 -319.71 USD Hundred Million [+]
Exports 1963.62 2275.14 2275.14 13.00 USD Hundred Million [+]
Imports 1376.12 1779.01 1830.94 16.60 USD Hundred Million [+]
Current Account 611.00 721.76 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 110.60 104.19 118.33 81.75 Index Points [+]
Foreign Direct Investment 1392.00 1195.60 1392.00 18.32 USD Hundred Million [+]
Capital Flows -912.00 -90.31 1320.80 -912.00 USD HML [+]
Tourist Arrivals 186.90 176.40 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1054.09 1054.09 1054.09 395.01 Tonnes [+]
Crude Oil Production 4225.00 4175.00 4281.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -436.00 Dec/14 -1016.00 2219.00 -3897.00 AUD Million [+]
Brazil -2842.00 Feb/15 -3173.95 5659.37 -4058.14 USD Million [+]
Canada -650.00 Dec/14 -340.00 8524.80 -2902.90 CAD Million [+]
China 600.30 Jan/15 496.13 544.76 -319.71 USD Hundred Million [+]
Euro Area 24300.00 Dec/14 21200.00 24300.00 -16638.00 EUR Million [+]
France -3446.00 Dec/14 -3093.00 2674.00 -7086.00 EUR Million [+]
Germany 19000.00 Dec/14 17900.00 23400.00 -535.91 EUR Million [+]
India -8320.00 Jan/15 -9430.00 258.90 -20210.90 USD Million [+]
Indonesia 709.40 Jan/15 186.80 4641.92 -2329.13 USD Million [+]
Italy 5756.00 Dec/14 3541.23 6923.00 -6389.30 EUR Million [+]
Japan -1177.50 Jan/15 -660.70 1608.67 -2795.04 JPY Billion [+]
Mexico -3248.00 Jan/15 254.00 1710.25 -3292.30 USD Million [+]
Netherlands 4891.20 Dec/14 5110.00 5110.00 -907.60 EUR Million [+]
Russia 12927.00 Dec/14 13359.00 20356.00 -185.00 USD Million [+]
South Korea 5530.00 Jan/15 5750.00 7380.00 -4043.45 USD Million [+]
Spain -1821800.00 Dec/14 -1555245.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3432.72 Jan/15 1514.42 3901.00 -1478.68 CHF million [+]
Turkey -4305.31 Jan/15 -8505.55 24.51 -10453.06 USD Million [+]
United Kingdom -2895.00 Dec/14 -1841.00 2946.00 -5397.00 GBP Million [+]
United States -46560.00 Dec/14 -39750.00 1946.00 -67823.00 USD Million [+]