China recorded a current account surplus of $193.7 billion in Q2 2026, revised down from the initial estimate of $195.1 billion but up from $184.3 billion in Q1. The surplus in goods and services widened to $223.4 billion from $187.9 billion. Credits rose to $1.2146 trillion from $1.061 trillion, as higher prices for major commodities exported by China boosted turnover, while the country’s slowing economy prompted manufacturers to continue relying on overseas clients for orders. Meanwhile, debits in the goods and services account increased to $991.2 billion from $873.1 billion. This came despite a surge in oil prices triggered by the war in Iran, a major supplier to Chinese refineries, as China largely halted energy imports and drew on existing inventories. Elsewhere, the secondary income account recorded a slightly higher surplus of $63 million, compared with $38 million previously, while the primary income deficit widened to $359 million from $74 million. source: State Administration of Foreign Exchange, China

China recorded a Current Account surplus of 1937 USD Hundred Million in the second quarter of 2026. Current Account in China averaged 538.39 USD Hundred Million from 1998 until 2026, reaching an all time high of 2438.21 USD Hundred Million in the fourth quarter of 2025 and a record low of -569.56 USD Hundred Million in the first quarter of 2020. This page provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

China recorded a Current Account surplus of 1937 USD Hundred Million in the second quarter of 2026. Current Account in China is expected to be 2200.00 USD Hundred Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Current Account is projected to trend around 1840.00 USD Hundred Million in 2027 and 1960.00 USD Hundred Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-14 09:00 AM
Current Account Prel
Q2 $195.1B $184.3B $150.0B
2026-09-29 09:00 AM
Current Account Final
Q2 $193.7B $184.3B $195.1B
2026-11-13 09:00 AM
Current Account Prel
Q3 $193.7B $200.5B



Components Last Previous Unit Reference
Current Account Goods 2789.00 2474.77 USD Hundred Million Jun 2026
Current Account Services -524.00 -595.55 USD Hundred Million Jun 2026

Related Last Previous Unit Reference
Balance of Trade 133.53 119.09 USD Billion Sep 2026
Capital Flows -195.10 -1881.08 USD Hundred Million Jun 2026
Current Account 1937.00 1843.00 USD Hundred Million Jun 2026
Current Account to GDP 3.70 2.20 percent of GDP Dec 2025
Direct Investment Liabilities 224.00 343.25 USD Hundred Million Jun 2026
Exports 447.18 401.44 USD Billion Sep 2026
External Debt 23288.00 24198.00 USD Hundred Million Dec 2025
Imports 313.65 282.36 USD Billion Sep 2026


China Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
1937.00 1843.00 2438.21 -569.56 1998 - 2026 USD Hundred Million Quarterly
Current Prices, NSA

News Stream
China Current Account Surplus Revised Slightly Lower in Q2
China recorded a current account surplus of $193.7 billion in Q2 2026, revised down from the initial estimate of $195.1 billion but up from $184.3 billion in Q1. The surplus in goods and services widened to $223.4 billion from $187.9 billion. Credits rose to $1.2146 trillion from $1.061 trillion, as higher prices for major commodities exported by China boosted turnover, while the country’s slowing economy prompted manufacturers to continue relying on overseas clients for orders. Meanwhile, debits in the goods and services account increased to $991.2 billion from $873.1 billion. This came despite a surge in oil prices triggered by the war in Iran, a major supplier to Chinese refineries, as China largely halted energy imports and drew on existing inventories. Elsewhere, the secondary income account recorded a slightly higher surplus of $63 million, compared with $38 million previously, while the primary income deficit widened to $359 million from $74 million.
2026-09-29
China Records Record Q2 Current Account Surplus
China's current account surplus widened to $195.1 billion in the second quarter of 2026 from $128.7 billion in the the previous year, the largest surplus on record for the second quarter. The goods surplus widened to $278.9 billion from $219.1 billion in the previous period. The credit compartment of the goods account rose by 26.2% to $1.1 trillion, as higher prices for major commodities that China exports lifted turnover while China's slowing economy drove manufacturers to continue relying on foreign clients for orders. In turn, goods debits rose 25.8% to $821.5 billion despite the surge in oil prices triggered by the war in Iran, a major supplier for Chinese refineries, as China largely halted energy imports and relied on inventory. The services account deficit widened slightly to $52.4 billion from $47.1 billion. Meanwhile, the primary income deficit narrowed to $37.6 billion from $47.4 billion and the secondary income surplus widened to $6.3 billion from $4.1 billion.
2026-08-14
China Current Account Surplus Widens to Q1 Record
China's current account surplus widened to $184.3 billion in the first quarter of 2026 from $163.6 billion in the corresponding period of the previous year, a record high for the period, and revised slightly higher from the preliminary estimate $184.1 billion. The goods account surplus widened to $187.9 billion from $178.2 amid a 14.6% jump in exports to $1.061 trillion in the period, as lingering weakness in the Chinese economy resulted in manufacturing capacity to continue outgrowing demand, driving producers to rely on foreign markets for sales. In turn, the services deficit was relatively unchanged at $59.6 billion (vs $59.3 billion in Q1 2025). Meanwhile, the primary income account deficit narrowed to $7.4 billion from $15.5 billion and the secondary income surplus inched higher to $3.8 billion from $2.8 billion.
2026-06-26