China's current account surplus narrowed sharply to USD 54.6 billion in the fourth quarter of 2018 from USD 62.3 billion in the same period of 2017, a preliminary estimate showed. The goods trade surplus was recorded at USD 139.1 billion and the secondary income surplus at USD 2.5 billion, while the service deficit came in at USD 64.1 billion and the primary income deficit at USD 22.8 billion. In 2018, China's current account surplus decreased to USD 49.1 billion from USD 164.9 billion in 2017. Current Account in China averaged 394.42 USD HML from 1998 until 2018, reaching an all time high of 1330.85 USD HML in the fourth quarter of 2008 and a record low of -341 USD HML in the first quarter of 2018.

Current Account in China is expected to be -138.47 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in China to stand at 120.76 in 12 months time. In the long-term, the China Current Account is projected to trend around 67.52 USD HML in 2020, according to our econometric models.

China Current Account
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China Trade Last Previous Highest Lowest Unit
Balance of Trade 391.60 570.60 612.86 -320.02 USD HML [+]
Current Account 546.00 233.00 1330.85 -341.00 USD HML [+]
Current Account to GDP 1.30 1.80 10.10 -3.70 percent [+]
Imports 1784.11 1641.94 1949.90 13.88 USD HML [+]
Exports 2175.72 2212.49 2315.23 12.50 USD HML [+]
External Debt 17106.00 14206.57 17799.32 158.28 USD HML [+]
Terms of Trade 93.52 96.59 118.33 81.75 Index Points [+]
Capital Flows -546.00 168.00 725.40 -1305.58 USD HML [+]
Foreign Direct Investment 124.10 1349.70 1349.70 18.32 USD HML [+]
Tourist Arrivals 2917.00 2815.12 2917.00 22.96 Tens of Thousands [+]
Gold Reserves 1852.50 1852.50 1852.50 395.01 Tonnes [+]
Crude Oil Production 3789.00 3690.00 4408.00 1012.00 BBL/D/1K [+]
Tourism Revenues 5.97 5.40 5.97 4.13 CNY Trillion [+]
Terrorism Index 5.11 5.54 6.29 1.47 [+]
Weapons Sales 1131.00 2192.00 2606.00 3.00 USD Million [+]

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



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). This page provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
546.00 233.00 1330.85 -341.00 1998 - 2018 USD HML Quarterly
Current Prices, NSA




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -815.00 Dec/18
Canada -10343.00 Sep/18
China 546.00 Dec/18
Euro Area 32.99 Dec/18
France -1117.00 Dec/18
Germany 21000.00 Dec/18
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 4211.00 Dec/18
Japan 452.80 Dec/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -176577.00 Sep/18
South Korea 4819.30 Dec/18
Spain 1770.00 Nov/18
Switzerland 14596.00 Sep/18
Turkey -1437.00 Dec/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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