China's trade surplus surged to USD 90.2 billion in April 2023 from USD 49.5 billion in the same period a year earlier, easily beating market forecasts of USD 71.6 billion. Exports rose by 8.5% yoy, the second straight month of increase, above market consensus of an 8% growth, while imports unexpectedly fell by 7.9% amid weakening domestic demand and lower commodity prices. Meanwhile, the politically sensitive trade surplus with the United States widened to USD 29.7 billion in April from USD 27.6 billion in March. source: General Administration of Customs

Balance of Trade in China averaged 14.09 USD Billion from 1981 until 2023, reaching an all time high of 102.65 USD Billion in July of 2022 and a record low of -61.99 USD Billion 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 June of 2023.

Balance of Trade in China is expected to be 89.00 USD Billion 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 76.00 USD Billion in 2024 and 83.00 USD Billion in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
China Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2023-04-13 03:00 AM Mar $88.19B $116.88B $39.2B $ 52.0B
2023-05-09 03:00 AM Apr $90.21B $88.19B $71.6B $76.0B
2023-06-07 03:00 AM May $90.21B $91.0B


Related Last Previous Unit Reference
Balance of Trade 90.21 88.19 USD Billion Apr 2023
Imports 205.21 227.40 USD Billion Apr 2023
Exports 295.42 315.59 USD Billion Apr 2023
Terms of Trade 110.85 107.43 points Apr 2023

China Balance of Trade
Since 1995, China has been recording consistent trade surpluses. In 2022, the trade surplus surged 31% to USD 876.91 billion, the highest since records started in 1950, with exports rising 7% and imports up 1%.
Actual Previous Highest Lowest Dates Unit Frequency
90.21 88.19 102.65 -61.99 1981 - 2023 USD Billion Monthly
Current Prices, NSA

News Stream
China Trade Surplus Widens in April
China's trade surplus surged to USD 90.2 billion in April 2023 from USD 49.5 billion in the same period a year earlier, easily beating market forecasts of USD 71.6 billion. Exports rose by 8.5% yoy, the second straight month of increase, above market consensus of an 8% growth, while imports unexpectedly fell by 7.9% amid weakening domestic demand and lower commodity prices. Meanwhile, the politically sensitive trade surplus with the United States widened to USD 29.7 billion in April from USD 27.6 billion in March.
2023-05-09
China Trade Surplus Larger than Expected
China's trade surplus widened to USD 88.19 billion in March 2023 from USD 44.35 billion in the same period a year earlier, easily beating market forecasts of USD 39.2 billion. Exports jumped unexpectedly by 14.8% yoy, the first increase in six months and the fastest pace since last July, while imports dropped less-than-anticipated by 1.4% amid weakening domestic demand. At the same time, the politically sensitive trade surplus with the United States narrowed to USD 27.6 billion in March from USD 41.3 billion in February. A spokesperson of the customs agency Lv Daliang said on Thursday that falling external demand and geopolitical factors would challenge China's trade development.
2023-04-13
China Trade Surplus Hits Record High
China's trade surplus increased to an all-time high of USD 116.88 billion in January-February 2023 from USD 109.54 billion in the same period a year earlier, easily beating market forecasts of USD 81.8 billion. Exports fell by 6.8% yoy while imports dropped at a faster 10.2% amid a slowdown in the global economy and low domestic demand. Meanwhile, the politically sensitive trade surplus with the United States narrowed by 30.9% to USD 41.3 billion. For the entire 2022, the country's trade surplus surged 31% to USD 876.91 billion, the highest since records started in 1950, with exports rising 7% and imports - 1%. Commerce Minister Wang Wentao warned that downward pressure on China's imports and exports would increase significantly in 2023 as the risk of a global recession and weakening external demand is growing.
2023-03-07