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

China recorded a trade surplus of 30.81 USD Hundred Million in March of 2015. Balance of Trade in China averaged 68 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.

     Forecast  
China Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
30.81 606.19 606.19 -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 Monday, April 27, 2015.


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.

In March, exports declined 15.0 percent year-on-year to USD 145 billion, compared to a 48 percent increase in the previous month. Sales were down to all main export partners: the United States (-8 percent), the EU countries (-19.1 percent), the ASEAN countries (-9.3 percent), Japan (-24.8 percent), South Korea (-1 percent), Taiwan (-4.8 percent) and Australia (-17.2 percent).

Imports fell by 12.7 percent year-on-year to USD 141.5 billion as a result of falling commodity prices and following a 20.5 percent drop in February. Purchases from Australia contracted the most (-24.3 percent), followed by the EU countries (-7.9 percent) and the ASEAN countries (-7.2 percent).

In Yuan terms, exports plunged 14.6 percent year-on-year and imports were down 12.3 percent in March.

Considering the first quarter of 2015, total trade shrank 6.3 percent over a year earlier as exports rose at a slower 4.7 percent while imports were down 17.3 percent. 

Shipments decreased to Hong Kong (-10.3 percent), Japan (-11.8 percent) and Russia (-34.5 percent). In contrast, sales rose to India (+23 percent), the ASEAN countries (+5.9 percent), the EU countries (+2.5 percent), the US (+11.3 percent), South Africa (+20.1 percent), Australia (+7.1 percent), New Zealand (+25 percent), Taiwan (+5.9 percent) and South Korea (+2.5 percent).

Imports from India declined by 23.6 percent; Hong Kong (-29.2 percent), the ASEAN countries (-14.5 percent), the US (-12.9 percent), Japan (-11 percent), the EU countries (-10 percent), South Korea (-8.0 percent), New Zealand (-43.1 percent), Australia (-27.1 percent), South Africa (-48.3 percent), Russia (-32.6 percent) and Brazil (-37.5 percent). Imports rose only from Vietnam (+17.3 percent).
 

General Administration of Customs | Rida Husna l rida@tradingeconomics.com
4/13/2015 10:13:18 AM


Recent Releases

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-08 02:40 AM
Balance of Trade  Jan
$60.0B $49.6B $ 48.9B $ 53.7B
2015-03-08 02:38 AM
Balance of Trade  Feb
$ 60.6B $60.0B $ 10.8B $ 52.9B
2015-04-13 02:00 AM
Balance of Trade  Mar
$ 3.08B $ 60.6B $45.35B $ 20B
2015-05-08 03:00 AM
Balance of Trade  Apr
$ 3.08B $ 62.2B
2015-06-08 03:00 AM
Balance of Trade  May
$ 66.2B
2015-07-10 03:00 AM
Balance of Trade  Jun
$ 68.7B


China Trade Last Previous Highest Lowest Unit
Balance of Trade 30.81 606.19 606.19 -319.71 USD Hundred Million [+]
Exports 1445.69 1691.91 2275.14 13.00 USD Hundred Million [+]
Imports 1414.87 1085.72 1830.94 16.60 USD Hundred Million [+]
Current Account 670.21 721.76 1330.85 -8.96 USD Hundred Million [+]
Current Account to GDP 2.00 2.60 10.10 -3.70 percent [+]
External Debt 8955.00 8631.67 8955.00 158.28 USD Hundred Million [+]
Terms of Trade 106.62 111.06 118.33 81.75 Index Points [+]
Foreign Direct Investment 348.80 224.84 1195.62 18.32 USD Hundred Million [+]
Capital Flows -304.95 -90.31 1320.80 -579.06 USD HML [+]
Tourist Arrivals 108.40 161.00 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1054.09 1054.09 1054.09 395.01 Tonnes [+]
Crude Oil Production 4315.00 4290.00 4315.00 1012.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1256.00 Feb/15 -1003.00 2251.00 -3884.00 AUD Million [+]
Brazil 458.00 Mar/15 -2841.76 5659.37 -4058.14 USD Million [+]
Canada -984.00 Feb/15 -1475.00 8524.80 -2902.90 CAD Million [+]
China 30.81 Mar/15 606.19 606.19 -319.71 USD Hundred Million [+]
Euro Area 20300.00 Feb/15 7600.00 24009.80 -16638.00 EUR Million [+]
France -3449.00 Feb/15 -3710.00 2674.00 -7086.00 EUR Million [+]
Germany 19515.32 Feb/15 15900.00 23500.00 -535.91 EUR Million [+]
India -11790.00 Mar/15 -6847.00 258.90 -20210.90 USD Million [+]
Indonesia 1131.60 Mar/15 662.70 4641.92 -2329.13 USD Million [+]
Italy 3537.91 Feb/15 232.00 6923.00 -6389.30 EUR Million [+]
Japan 229.26 Mar/15 -425.00 1608.67 -2795.04 JPY Billion [+]
Mexico 558.30 Feb/15 -3248.00 1710.25 -3292.30 USD Million [+]
Netherlands 6009.00 Feb/15 4657.10 6009.00 -907.60 EUR Million [+]
Russia 13600.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8380.51 Mar/15 7706.30 8380.51 -4043.45 USD Million [+]
Spain -2037200.00 Feb/15 -2596200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -4655.64 Feb/15 -4320.27 24.51 -10453.06 USD Million [+]
United Kingdom -2859.00 Feb/15 -1536.00 2946.00 -5397.00 GBP Million [+]
United States -35444.00 Feb/15 -42676.00 1946.00 -67823.00 USD Million [+]