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

China reported a USD 40.82 billion trade surplus in December of 2016, compared to a USD 59.63 billion surplus a year earlier and below market consensus of a USD 46.5 billion surplus. It was the smallest surplus since April, as exports fell while imports rose. Year-on-year, sales fell 6.1 percent to USD 209.42 billion, following a 1.6 percent drop in the prior month. Imports went up 3.1 percent to USD 168.60 billion, compared to a 4.7 percent increase in the prior month. In November 2016, trade surplus came in at USD 44.23 billion. Considering the full year of 2016, total trade in USD decreased by 6.8 percent from a year earlier. Exports dropped by 7.7 percent, the second straight year of fall; while imports declined by 5.5 percent. For the year, the trade surplus was recorded at USD 509.96 billion, lower than a surplus of USD 594.5 billion in 2015. For 2017, trade faces more challenges from rising protectionism and uncertainties in U.S. trade policy. Balance of Trade in China averaged 89.27 USD HML from 1983 until 2016, 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)
2016-11-08 02:00 AM Oct $49.06B $41.99B $51.7B $48.9B
2016-12-08 03:30 AM Nov $44.61B $49.06B $46.3B $48.7B
2017-01-13 02:00 AM Dec $40.82B $44.23B $46.5B $46B
2017-02-08 02:00 AM Jan $40.82B
2017-03-08 02:00 AM Feb
2017-04-13 02:00 AM Mar




China Trade Surplus Narrows to 8-Month Low in December


China reported a USD 40.82 billion trade surplus in December of 2016, compared to a USD 59.63 billion surplus a year earlier and below market consensus of a USD 46.5 billion surplus. It was the smallest surplus since April, as exports fell while imports rose.

In December, sales declined by 6.1 percent from a year earlier to USD 209.42 billion, following a 1.6 percent drop in the preceding month while markets expected a 3.5 percent fall. 

Imports went up 3.1 percent to USD 168.60 billion, compared to a 4.7 percent increase in November and above consensus of a 2.7 percent growth.

In yuan-denominated terms, exports rose 0.6 percent from a year ago, following a 5.9 percent rise in a month earlier. Inbound shipments jumped 10.0 percent, following a 13.0 percent rise in November.

In November 2016, trade surplus came in at USD 44.61 billion.

Considering the full year of 2016, exports dropped by 7.7 percent, the second straight year of fall and the worst since the depths of the global crisis in 2009. Sales were down to Hong Kong (-12.7 percent), Japan (-4.7 percent), South Korea (-7.7 percent), Taiwan (-10.1 percent), ASEAN countries (-7.8 percent), the EU countries (-4.7 percent), South Africa (-19.0 percent), Brazil (-19.9 percent), the US (-5.9 percent), Australia (-7.8 percent) and New Zealand (-3.3 percent). In contrast, outbound shipments rose to India (+0.2 percent) and Russia (+7.3 percent). 

Imports declined by 5.5 percent, mainly due to lower commodity prices. In volume terms, inbound shipments declined for: fresh, dried fruits & nuts (-7.6 percent), grain & cereal flour (-32.8 percent), edible oil (-18.3 percent), refined oil (-6.5 percent), primary shape plastics (-24.1 percent) and mineral fertiliser (-25.4 percent). In contrast, purchases were higher for soybeans (+2.7 percent), iron ore & concentrates (+7.5 percent), copper ore & concentrates (+28.2 percent), coal & ignite (+25.2 percent), crude (+13.6 percent), natural gas (+22.0 percent), pharmaceuticals (+16.9 percent) and natural rubber (+23.1 percent).

For the whole year of 2016, the trade surplus was recorded at USD 509.96 billion, lower than a surplus of USD 594.5 billion in 2015.

For 2017, trade faces more challenges from rising protectionism and uncertainties in U.S. trade policy.


General Administration of Customs l Rida Husna | rida@tradingeconomics.com
1/13/2017 12:24:13 PM



China Trade Last Previous Highest Lowest Unit
Balance of Trade 408.18 442.30 628.33 -319.71 USD HML [+]
Exports 2094.17 1935.46 2273.72 13.00 USD HML [+]
Imports 1685.99 1493.17 1830.94 16.60 USD HML [+]
Current Account 692.54 641.50 1330.85 -8.96 USD HML [+]
Current Account to GDP 2.70 2.10 10.10 -3.70 percent [+]
External Debt 14162.00 8955.00 14162.00 158.28 USD HML [+]
Terms of Trade 94.12 97.69 118.33 81.75 Index Points [+]
Foreign Direct Investment 1055.30 969.40 1262.70 18.32 USD HML [+]
Capital Flows -712.00 -142.94 95.16 -1305.58 USD HML [+]
Tourist Arrivals 128.50 161.00 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1838.51 1823.30 1838.51 395.01 Tonnes [+]
Crude Oil Production 3887.00 3874.00 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 5186019.00 5080360.00 5618919.00 2326991.00 USD THO [+]



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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
408.18 442.30 628.33 -319.71 1983 - 2016 USD HML Monthly
Current Prices, NSA



Last
Afghanistan -7159.00 Dec/15
Albania -33679.40 Dec/16
Algeria -1308.00 Dec/15
Angola 4470.03 Jun/16
Argentina 100.00 Nov/16
Armenia -173.30 Nov/16
Aruba -465.10 Sep/16
Australia 1243.00 Nov/16
Austria -465.00 Oct/16
Azerbaijan 981353.00 Sep/16
Bahamas -517.60 Sep/16
Bahrain 312.40 Dec/15
Bangladesh -89.57 Oct/16
Barbados -181864.00 Jun/16
Belarus -340.90 Nov/16
Belgium 2456.70 Nov/16
Belize -153.10 Nov/16
Benin -278.15 Sep/16
Bhutan -26021.60 Dec/15
Bolivia -116.89 Sep/16
Bosnia and Herzegovina -499648.55 Nov/16
Botswana -2508.80 Oct/16
Brazil 4415.00 Dec/16
Brunei 296.10 Nov/16
Bulgaria -241.80 Nov/16
Burkina Faso -86.40 Mar/16
Burundi -118434.20 Aug/16
Cambodia -554.50 Sep/16
Cameroon -1189.42 Dec/14
Canada 526.40 Nov/16
Cape Verde -5397.60 Oct/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 1226.87 Dec/16
China 408.18 Dec/16
Colombia -0.93 Oct/16
Comoros -73203.00 Dec/16
Congo 1001.80 Dec/14
Costa Rica -530.90 Dec/16
Croatia -3668.67 Nov/16
Cuba -9578.00 Dec/15
Cyprus -338508.00 Nov/16
Czech Republic 37502.29 Nov/16
Denmark 5123.30 Nov/16
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -39175.91 Jun/16
Ecuador -112866.00 Nov/16
Egypt -2392.00 Nov/16
El Salvador -435.57 Nov/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -112.57 Nov/16
Ethiopia -3254.50 Jun/16
Euro Area 25941.20 Nov/16
European Union 6900.10 Nov/16
Fiji -204403.00 Sep/16
Finland -150.00 Nov/16
France -4377.00 Nov/16
Gabon 3711.95 Dec/13
Gambia -2344.80 Jun/16
Georgia -766.50 Dec/16
Germany 22618.00 Nov/16
Ghana -452.40 Sep/16
Greece -1554.80 Nov/16
Guatemala -691.30 Nov/16
Guinea 32.97 Sep/16
Guinea Bissau 8.20 Dec/15
Guyana -133.90 Sep/16
Haiti -236.40 Sep/16
Honduras -556.90 Sep/16
Hong Kong -34053.00 Nov/16
Hungary 280000.00 Nov/16
Iceland -4400.00 Dec/16
India -10369.40 Dec/16
Indonesia 992.10 Dec/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 4044600.00 Nov/16
Israel -1442.80 Dec/16
Italy 4202.85 Nov/16
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 153.00 Nov/16
Jordan -746551.00 Oct/16
Kazakhstan 1297.60 Nov/16
Kenya -73063.30 Oct/16
Kosovo -202700.00 Nov/16
Kuwait 1422.20 Sep/16
Kyrgyzstan -208.00 Nov/16
Laos -339.15 Jun/16
Latvia -122.10 Nov/16
Lebanon -1222.52 Oct/16
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 327117.00 Sep/16
Lithuania -26.10 Nov/16
Luxembourg -0.80 Oct/16
Macau -6026970.00 Nov/16
Macedonia -186849.00 Nov/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
Malaysia 9030.00 Nov/16
Maldives -157.50 Sep/16
Mali -226.10 Sep/15
Malta -102800.00 Nov/16
Mauritania -79.64 Mar/16
Mauritius -8944.00 Nov/16
Mexico 200.00 Nov/16
Moldova -135.80 Nov/16
Monaco -104.50 Jun/16
Mongolia 362.30 Dec/16
Montenegro -132470.00 Nov/16
Morocco -13866.00 Nov/16
Mozambique -434.30 Sep/16
Myanmar -181.40 Apr/16
Namibia -6654.37 Sep/16
Nepal -80884.00 Jun/16
Netherlands 5544.00 Nov/16
New Caledonia -7307.00 Oct/16
New Zealand -704.62 Nov/16
Nicaragua -212.90 Sep/16
Niger -108402.00 Sep/16
Nigeria -27238.30 Sep/16
North Korea -476.67 Dec/15
Norway 23279.00 Dec/16
Oman 119.20 Jul/16
Pakistan -289139.00 Dec/16
Palestine -387.80 Nov/16
Panama -961388.00 Nov/16
Papua New Guinea 3223.00 Jun/16
Paraguay -453352.00 Dec/16
Peru 279.00 Nov/16
Philippines -2566000.00 Nov/16
Poland 102.00 Nov/16
Portugal -790.68 Nov/16
Puerto Rico 2801.60 Oct/16
Qatar 9630.00 Nov/16
Republic of the Congo 4092.35 Dec/10
Romania -865.50 Nov/16
Russia 9137.00 Nov/16
Rwanda -116.57 Nov/16
Sao Tome and Principe -29.78 Sep/16
Saudi Arabia 73133.00 Sep/16
Senegal -201.40 Nov/16
Serbia -320.40 Nov/16
Seychelles -44.02 Nov/16
Sierra Leone -52.89 Jun/16
Singapore 6120.70 Dec/16
Slovakia 287.00 Nov/16
Slovenia -15.23 Nov/16
Somalia -1473.48 Dec/15
South Africa -1091.85 Nov/16
South Korea 7000.00 Dec/16
South Sudan -104.70 Dec/15
Spain -1246304.00 Nov/16
Sri Lanka -922.00 Nov/16
Sudan -338394.00 Sep/16
Suriname 42.20 Sep/16
Swaziland 1037.15 Mar/16
Sweden -1100.00 Nov/16
Switzerland 3636.00 Nov/16
Syria 9394.50 Dec/10
Taiwan 4864.00 Dec/16
Tajikistan -188.00 Nov/16
Tanzania -88.90 Oct/16
Thailand 1540.00 Nov/16
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia -992.50 Dec/16
Turkey -4113.35 Nov/16
Turkmenistan 2181.97 Dec/15
Uganda -131.90 Nov/16
Ukraine -235.50 Nov/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -4167.00 Nov/16
United States -45240.00 Nov/16
Uruguay -140377.00 Nov/17
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -494.00 Dec/16
Yemen -2914.30 Dec/13
Zambia -998.80 Sep/16
Zimbabwe -241.27 Aug/16