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

China's trade surplus narrowed to USD 40.21 billion in November 2017 from USD 44.24 billion in the same month a year earlier but above market consensus of USD 35.0 billion. Exports rose 12.3 percent year-on-year to USD 217.37 billion, beating estimates of a 5.0 percent gain and after a 6.9 percent growth in October. It was the fastest increase in outbound shipments since March, due to robust global demand. Meantime, imports jumped 17.7 percent to USD 177.11 billion, faster than a 17.2 percent rise in a month earlier and above market expectations of a 11.3 percent growth. It marked the 13th straight month of annual growth in inbound shipments and the strongest since September, supported by higher demand on commodities. Considering January to November 2017, the trade surplus stood at USD 380.24 billion, down from a USD 471.67 billion surplus in the same period the preceding year. Balance of Trade in China averaged 96.08 USD HML from 1983 until 2017, 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
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China Trade Surplus Beats Estimates in November


China's trade surplus narrowed to USD 40.21 billion in November 2017 from USD 44.24 billion in the same month a year earlier but above market consensus of USD 35.0 billion. Exports rose 12.3 percent year-on-year to USD 217.37 billion, the most since March; while imports jumped 17.7 percent to USD 177.11 billion.

In November, exports rose 12.3 percent from the previous year to USD 217.37 billion, beating market estimates of a 5.0 percent gain and following a 6.9 percent growth in the previous month. It was the fastest increase in outbound shipments in eight months, due to robust global demand.

Imports jumped 17.7 percent year-on-year to USD 177.11 billion, faster than a 17.2 percent rise in a month earlier and above market expectations of a 11.3 percent growth. It marked the 13th straight month of annual growth in inbound shipments and the strongest since September, supported by higher demand on commodities. In order to boost puchases as the country turns to a more consumption-driven basis, policymakers announced tariff cuts recently. Meantime, state energy companies also increased purchases months ahead of the heating season that started mid-November. Crude oil imports rose to 37.04 million tonnes in November, or 9.01 million barrels per day, the second-largest in history. Also, imports of natural gas shipments jumped to a record high as purchases went up up in all areas.

Considering January to November 2017, the trade surplus came in at USD 380.24 billion, down from a USD 471.67 billion surplus in the same period the preceding year.

In yuan-denominated terms, exports increased by 10.3 percent from a year earlier in November, following a 6.1 percent rise in Octoberber. Purchases rose 15.6 percent, after a 15.9 percent in the prior month.




Rida Husna |
12/8/2017 8:09:28 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-10-13 02:30 AM Balance of Trade $28.47B $41.99B $39.5B $40B
2017-11-08 03:00 AM Balance of Trade $38.2B $28.61B $39.50B $39B
2017-12-08 03:00 AM Balance of Trade $40.21B $38.19B $35.00B $40B
2018-01-13 02:00 AM Balance of Trade $40.21B
2018-02-10 02:00 AM Balance of Trade
2018-03-08 06:30 AM Balance of Trade


China Trade Last Previous Highest Lowest Unit
Balance of Trade 402.10 381.74 628.33 -319.71 USD HML [+]
Exports 2173.69 1889.80 2273.72 13.00 USD HML [+]
Imports 1771.11 1508.06 1830.94 16.60 USD HML [+]
Current Account 371.00 508.87 1330.85 -8.96 USD HML [+]
Current Account to GDP 1.80 2.70 10.10 -3.70 percent [+]
External Debt 14207.00 14162.00 14207.00 158.28 USD HML [+]
Terms of Trade 95.98 94.25 118.33 81.75 Index Points [+]
Foreign Direct Investment 1215.85 1021.58 1262.67 18.32 USD HML [+]
Capital Flows -371.00 -4.49 464.08 -1305.58 USD HML [+]
Tourist Arrivals 128.50 161.00 216.60 21.70 Tens of Thousands [+]
Gold Reserves 1842.56 1842.56 1842.56 395.01 Tonnes [+]
Crude Oil Production 3758.00 3827.00 4408.00 1012.00 BBL/D/1K [+]
Terrorism Index 5.54 6.11 6.29 1.47 [+]
Weapons Sales 2123.00 1764.00 2606.00 3.00 USD Million [+]
Exports to India 6202592.00 5096382.00 6202592.00 2326991.00 USD THO [+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category



China Balance of Trade

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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
402.10 381.74 628.33 -319.71 1983 - 2017 USD HML Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia 105.00 Oct/17
Brazil 3545.75 Nov/17
Canada -1474.50 Oct/17
China 402.10 Nov/17
Euro Area 18923.20 Oct/17
France -4956.00 Oct/17
Germany 18900.00 Oct/17
India -13829.20 Nov/17
Indonesia 127.20 Nov/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -2066.00 Oct/17
Netherlands 5157.00 Oct/17
Russia 9832.00 Oct/17
South Korea 7800.00 Nov/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -7324.23 Oct/17
United Kingdom -1405.00 Oct/17
United States -48731.00 Oct/17