China's trade surplus was at USD 58.34 billion in August 2021, above market consensus of USD 51.05 billion and compared with a surplus of USD 57.14 billion in the same month a year earlier. It was the largest trade surplus since January, amid surging commodity prices, and as both exports and imports hit record values. Exports grew 25.6 percent from a year earlier to USD 294.32 billion, while imports jumped 33.1 percent to USD 235.98 billion. The trade surplus with the United States widened to USD 37.68 billion from USD 35.43 billion in July. Considering the first eight months of the year, the trade surplus widened to USD 370 billion from USD 342.52 billion in the same period of 2020, as exports surged 33.7 percent year-on-year to USD 2.10 trillion, while imports jumped 34.8 percent to USD 1.73 trillion. source: General Administration of Customs

Balance of Trade in China averaged 116.35 USD HML from 1981 until 2021, reaching an all time high of 759.61 USD HML in December of 2020 and a record low of -619.92 USD HML in February of 2020. This page provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Balance of Trade in China is expected to be 267.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Balance of Trade is projected to trend around 910.00 USD HML in 2022 and 950.00 USD HML in 2023, according to our econometric models.

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China Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
583.31 565.89 759.61 -619.92 1981 - 2021 USD HML Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-07 03:00 AM May $45.54B $42.86B $50.5B $55B
2021-07-13 03:00 AM Jun $51.53B $45.54B $44.2B $40B
2021-08-07 03:00 AM Jul $56.58B $51.53B $51.54B $52B
2021-09-07 03:00 AM Aug $58.34B $56.59B $51.05B $51B
2021-10-13 03:00 AM Sep $58.34B $ 26.7B
2021-11-07 03:00 AM Oct
2021-12-07 03:00 AM Nov


News Stream
China Trade Surplus Largest in 7 Months
China's trade surplus was at USD 58.34 billion in August 2021, above market consensus of USD 51.05 billion and compared with a surplus of USD 57.14 billion in the same month a year earlier. It was the largest trade surplus since January, amid surging commodity prices, and as both exports and imports hit record values. Exports grew 25.6 percent from a year earlier to USD 294.32 billion, while imports jumped 33.1 percent to USD 235.98 billion. The trade surplus with the United States widened to USD 37.68 billion from USD 35.43 billion in July. Considering the first eight months of the year, the trade surplus widened to USD 370 billion from USD 342.52 billion in the same period of 2020, as exports surged 33.7 percent year-on-year to USD 2.10 trillion, while imports jumped 34.8 percent to USD 1.73 trillion.
2021-09-07
China Trade Surplus Largest in 6 Months
China's trade surplus was at USD 56.58 billion in July 2021, above market consensus of USD 51.54 billion and compared with a surplus of USD 60.5 billion in the same month a year earlier. It was the largest trade surplus since January, amid surging commodity prices and despite softening global demand due to the rapid spread of a new strain of coronavirus and extreme weather. Exports grew 19.3 percent from a year earlier to USD 282.66 billion while imports rose 28.1 percent to 226.08 billion. The country's trade surplus with the US increased to USD 35.40 billion in July from USD 32.58 billion in June. Considering the first seven months of the year, the trade surplus widened sharply to USD 306.12 billion, from USD 285.27 billion in the same period of 2020, as exports surged 35.2 percent year-on-year to USD 1.80 trillion, while imports jumped 34.9 percent to USD 1.50 trillion. The trade surplus with the US widened to USD 200.32 billion from USD 164.92 in the first half of 2021.
2021-08-07
China Trade Surplus Largest in 5 Months
China's trade surplus was at USD 51.53 billion in June 2021, far above market consensus of USD 44.2 billion and compared with a surplus of USD 44.8 billion in the same month a year earlier. It was the largest trade surplus since January, amid further recovery in global demand and high commodity prices. Exports soared 32.2 percent from a year earlier to USD 281.42 billion while imports jumped 36.7 percent to 229.89 billion. The country's trade surplus with the US increased to USD 32.58 billion in June from USD 31.78 billion in May. Considering the first half of the year, the trade surplus widened sharply to USD 251.52 billion, from USD 164.33 billion in the same period of 2020, as exports surged 38.6 percent year-on-year to USD 1.52 trillion, while imports jumped 36 percent to USD 1.27 trillion. The trade surplus with the US widened to USD 164.92 billion.
2021-07-13
China Trade Surplus Smaller than Expected
China's trade surplus was at USD 45.5 billion in May 2021, below market consensus of USD 50.5 billion and compared with a surplus of USD 61.9 billion in the same month a year earlier, amid strengthening yuan, a further recovery global demand and higher commodity prices. Exports jumped 27.9 percent while imports soared at a faster 51.1 percent. The country's trade surplus with the US increased to USD 31.78 billion in May from USD 28.11 billion in April. For the first five months of the year, China’s trade surplus with the US widened to USD 132.46 billion from USD 100.68 billion in January – April. Considering the first five months of the year, the trade surplus widened sharply to USD 203.45 billion, from USD 119.54 billion in the same period of 2020, as exports jumped 40.2 percent year-on-year to USD 1.24 trillion, while imports soared 35.6 percent to USD 1.03 trillion.
2021-06-07

China Balance of Trade
Since 1995, China has been recording consistent trade surpluses which from 2004 to 2009 has increased 10 times. In 2019, China posted a trade surplus of USD 421.9 billion, the biggest since 2016, as exports increased 0.5 percent and imports fell 2.7 percent on weak domestic demand and trade tensions with the US. The biggest trade surpluses were recorded with the US, Hong Kong, the EU - in particular the Netherlands, the UK, Poland, Spain, Italy and Belgium - India, Vietnam, the Philippines, Singapore, the UAE, Pakistan, Turkey and Indonesia. The largest deficits were recorded with Taiwan, Australia, South Korea, Brazil, Saudi Arabia, Japan, Germany, Switzerland, Malaysia, Oman, Chile and Russia.