China’s trade surplus surged to USD 51.12 billion in April 2022, up from USD 40.89 billion in the same month a year earlier, beating market forecasts of USD 50.65 billion. It was the largest trade surplus since January, as exports rose while imports were unchanged. Export increased by 3.9 percent yoy; the first single-digit growth in 18 months, and the slowest increase in nearly two years; while imports were flat, amid ongoing COVID-19 curbs in some key cities. China's trade surplus with the US increased by 14.7% yoy to USD 32.2 billion, up from USD 32.09 billion in March. Considering the first four months of the year, the goods account posted a surplus of USD 214 billion. China’s overall foreign trade increased by 10.1 percent in January-April, reaching USD 1.98 trillion. Russia-China trade rose 25.9 percent to USD 51.09 billion. source: General Administration of Customs
Balance of Trade in China averaged 12.51 USD Billion from 1981 until 2022, reaching an all time high of 94.38 USD Billion in December of 2021 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 May of 2022.
Balance of Trade in China is expected to be 70.00 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 95.00 USD Billion in 2023, according to our econometric models.