China Exports

Exports in China increased to 1701.10 USD Hundred Million in March of 2014 from 1140.94 USD Hundred Million in February of 2014. Exports in China is reported by the General Administration of Customs. Exports in China averaged 469.17 USD Hundred Million from 1983 until 2014, reaching an all time high of 2077.42 USD Hundred Million in December of 2013 and a record low of 13 USD Hundred Million in January of 1984. Export growth has been a major component supporting China's rapid economic expansion. Exports of goods and services constitute 30% of GDP. China major exports are: electromechanical products (57 percent of total exports) and labor-intensive products like clothing, textiles, footwear, furniture, plastic products, bags and toys (20 percent). In recent years, the exports of high tech products have been also growing and in 2012 accounted for 29 percent of total exports. China’s main export partners are the United States (17 percent), European Union (16 percent), ASEAN (10 percent), Japan (7 percent) and South Korea. This page provides - China Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1701.10 1140.94 2077.42 13.00 1730.06 | 2014/04 1983 - 2014 USD Hundred Million Monthly


China Exports

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-09-08 03:00 AM China
Exports YoY
Aug 2013 7.2% 5.1% 6%
2014-02-12 02:00 AM China
Exports YoY
Jan 2014 10.6% 4.4% 1.0%
2014-03-08 02:00 AM China
Exports YoY
Feb 2014 -18.1% 10.6% 6.8%
2014-04-10 03:00 AM China
Exports YoY
Mar 2014 -6.6% -18.1% 4.0%

Trade Last Previous Highest Lowest Forecast Unit
Current Account 439.91 2013-11-15 403.77 1330.85 -8.96 355.45 2014-03-31 USD Hundred Million [+]
Capital Flows 1270.42 2013-11-15 805.05 1320.80 -517.00 1063.42 2014-03-31 USD HML [+]
Crude Oil Production 4255.00 2013-10-15 4107.00 4281.00 1012.00 4145.59 2013-11-30 Thousands Barrels per Day [+]
External Debt 8631.67 2013-12-31 7369.86 8631.67 158.28 9094.36 2014-06-30 USD HML [+]
Foreign Direct Investment 315.50 2014-03-31 193.00 1175.86 18.32 398.15 2014-04-30 USD Hundred Million [+]
Terms Of Trade 101.52 2013-12-15 99.09 118.33 81.75 102.30 2014-01-31 Index Points [+]
Tourist Arrivals 139.20 2014-02-15 147.40 216.60 21.70 175.58 2014-03-31 Tens of Thousands [+]
Current Account to GDP 2.00 2013-12-31 2.60 10.10 -3.70 1.99 2014-12-31 Percent [+]
Balance of Trade 77.06 2014-03-15 -229.89 404.00 -319.71 -13.84 2014-04-30 USD Hundred Million [+]
Exports 1701.10 2014-03-15 1140.94 2077.42 13.00 1730.06 2014-04-30 USD Hundred Million [+]
Imports 1624.05 2014-03-15 1370.82 1830.13 16.60 1734.23 2014-04-30 USD Hundred Million [+]

Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Chinese GDP Growth Slows in Q1  
China’s economy advanced 7.4 percent in the first quarter of 2014, slowing from a 7.7 percent expansion in the previous period, but beating market forecasts. It is the lowest growth since the third quarter of 2012, as exports and imports contracted and growth in fixed asset investment eased.
China Inflation Rate Accelerates in March  
Higher fresh food prices boosted Chinese annual consumer prices up to 2.4 percent in March of 2014, after slowing to 2 percent in the previous month. On a monthly basis, prices fell 0.5 percent.
China Reports Trade Surplus in March  
China's exports declined 6.6 percent in March of 2014 from a year earlier, while imports dropped 11.3 percent, leaving the country with a trade surplus of USD 7.7 billion. Although the trade balance rebounded from its USD 23 billion deficit in February, it was the second consecutive month exports contracted.
PBOC Widens Yuan’s Daily Trading Band  
People’s Bank of China decided on March 15th, 2014 to widen the trading band, allowing the Yuan to fluctuate by 2 percent from the parity daily, up from the previous 1 percent target. The decision, effective from March 17th aims to enable the market to play its roles and make the Yuan a freer currency.
China Inflation Decelerates in February  
Chinese annual inflation rate slowed to 2 percent in February after growing 2.5 percent in each of previous two months. It was the lowest rate in thirteen months.
China Posts Trade Deficit in February  
Chinese trade balance turned into a USD 22.9 billion deficit in February of 2014, the highest in two years, as exports tumbled 18 percent over a year earlier on Lunar Year distortions.
People’s Bank of China Drains Funds to Curb Lending Surge  
On February 18th, 2014, People’s Bank of China drained CNY 48 billion (USD 7.9 billion) from money markets to absorb liquidity, as bank lending jumped more than expected in January.
China Annual Inflation Rate Rises 2.5% in January  
China's consumer prices rate held steady at 2.5 percent in January, while producer prices fell 1.6 percent, official data from the National Bureau of Statistics showed.
China's Trade Surplus Widens in January  
China's exports beat expectations, rising 10.6 percent from a year earlier in January, while imports jumped 10 percent, leaving the country with a trade surplus of $31.9 billion.


Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.

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