China's trade surplus widened to USD 44.74 billion in November of 2018 from USD 38.43 billion in the same month a year earlier and easily beating market consensus of USD 34 billion. It was the largest trade surplus since December 2017, as exports rose at a faster 5.4 percent year-on-year while imports increased by 3.0 percent. The trade surplus with the US, China's largest export market, widened to a fresh record high of USD 35.55 billion in October from USD 31.78 billion in September. Balance of Trade in China averaged 94.88 USD HML from 1981 until 2018, reaching an all time high of 612.86 USD HML in October of 2015 and a record low of -320.02 USD HML in February of 2012.

Balance of Trade in China is expected to be 560.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in China to stand at 190.00 in 12 months time. In the long-term, the China Balance of Trade is projected to trend around 350.00 USD HML in 2020, according to our econometric models.

China Balance of Trade
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-08 04:00 AM Balance of Trade $27.91B $28.05B $39.33B $31B
2018-10-12 02:30 AM Balance of Trade $31.69B $27.89B $19.4B $ 27B
2018-11-08 03:00 AM Balance of Trade $34.01B $31.7B $35B $29B
2018-12-08 03:00 AM Balance of Trade $44.74B $34.01B $34.0B $32B
2019-01-08 03:00 AM Balance of Trade $44.74B $ 56B
2019-02-08 03:00 AM Balance of Trade
2019-03-08 03:00 AM Balance of Trade


China Trade Last Previous Highest Lowest Unit
Balance of Trade 447.40 340.16 612.86 -320.02 USD HML [+]
Exports 2274.15 2172.83 2315.23 12.50 USD HML [+]
Imports 1826.67 1832.67 1949.84 13.88 USD HML [+]
Current Account 160.00 53.29 1330.85 -341.00 USD HML [+]
Current Account to GDP 1.30 1.80 10.10 -3.70 percent [+]
External Debt 17106.00 14206.57 17799.32 158.28 USD HML [+]
Terms of Trade 96.48 98.39 118.33 81.75 Index Points [+]
Foreign Direct Investment 1076.60 917.70 1310.35 18.32 USD HML [+]
Capital Flows -160.00 60.00 725.40 -1305.58 USD HML [+]
Tourist Arrivals 2917.00 2815.12 2917.00 22.96 Tens of Thousands [+]
Gold Reserves 1842.60 1842.60 1842.60 395.01 Tonnes [+]
Crude Oil Production 3768.00 3732.00 4408.00 1012.00 BBL/D/1K [+]
Terrorism Index 5.54 6.11 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 Balance of Trade

Since 1995, China has been recording consistent trade surpluses which from 2004 to 2009 has increased 10 times. In 2017, China’s total trade incensed by 14.2 percent as exports grew 10.8 percent and imports rose 18.7 percent. 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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
447.40 340.16 612.86 -320.02 1981 - 2018 USD HML Monthly
Current Prices, NSA




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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