China Crude Oil Production  Forecast


Crude Oil Production in China is expected to be 3733.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in China to stand at 3860.41 in 12 months time. In the long-term, the China Crude Oil Production is projected to trend around 3576.00 BBL/D/1K in 2020, according to our econometric models.


China Crude Oil Production
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China Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 420 480 400 250 490 415
Exports 1992 1900 1890 1700 1750 2100
Imports 1572 1420 1490 1450 1260 1680
Current Account 529 294 250 316 400 347
Current Account to GDP 1.8 2.3 2.3 2.2 2.2 2
External Debt 14207 15317 15268 15526 15783 18276
Terms of Trade 97.44 98.86 98.7 98.67 98.67 98.67
Foreign Direct Investment 837 734 1250 649 667 1290
Capital Flows -529 150 470 320 -410 620
Tourist Arrivals 128 100 100 100 100 100
Gold Reserves 1843 1843 1844 1844 1844 1844
Crude Oil Production 3829 3733 3718 3859 3860 3576
Weapons Sales 2123 1923 1931 1876 1821 2023
Terrorism Index 6.11 5.93 5.79 5.73 5.67 5.73
Exports to India 6094426 5721218 5401520 5189446 5078280 4923106