China's current account surplus widened to $195.1 billion in the second quarter of 2026 from $128.7 billion in the the previous year, the largest surplus on record for the second quarter. The goods surplus widened to $278.9 billion from $219.1 billion in the previous period. The credit compartment of the goods account rose by 26.2% to $1.1 trillion, as higher prices for major commodities that China exports lifted turnover while China's slowing economy drove manufacturers to continue relying on foreign clients for orders. In turn, goods debits rose 25.8% to $821.5 billion despite the surge in oil prices triggered by the war in Iran, a major supplier for Chinese refineries, as China largely halted energy imports and relied on inventory. The services account deficit widened slightly to $52.4 billion from $47.1 billion. Meanwhile, the primary income deficit narrowed to $37.6 billion from $47.4 billion and the secondary income surplus widened to $6.3 billion from $4.1 billion. source: State Administration of Foreign Exchange, China

China recorded a Current Account surplus of 1951 USD Hundred Million in the second quarter of 2026. Current Account in China averaged 538.51 USD Hundred Million from 1998 until 2026, reaching an all time high of 2438.21 USD Hundred Million in the fourth quarter of 2025 and a record low of -569.56 USD Hundred Million in the first quarter of 2020. This page provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

China recorded a Current Account surplus of 1951 USD Hundred Million in the second quarter of 2026. Current Account in China is expected to be 1375.00 USD Hundred Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Current Account is projected to trend around 1840.00 USD Hundred Million in 2027 and 1960.00 USD Hundred Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-26 09:00 AM
Current Account Final
Q1 $184.3B $243.8B $184.1B
2026-08-14 09:00 AM
Current Account Prel
Q2 $195.1B $184.3B $150.0B
2026-09-29 09:00 AM
Current Account Final
Q2 $184.3B $195.1B



Components Last Previous Unit Reference
Current Account Goods 2789.00 2474.77 USD Hundred Million Jun 2026
Current Account Services -524.00 -595.55 USD Hundred Million Jun 2026

Related Last Previous Unit Reference
Balance of Trade 112.50 125.62 USD Billion Jul 2026
Capital Flows -195.10 -1881.08 USD Hundred Million Jun 2026
Current Account 1951.00 1843.00 USD Hundred Million Jun 2026
Current Account to GDP 3.70 2.20 percent of GDP Dec 2025
Direct Investment Liabilities 224.00 343.25 USD Hundred Million Jun 2026
Exports 397.85 412.39 USD Billion Jul 2026
External Debt 23288.00 24198.00 USD Hundred Million Dec 2025
Imports 285.35 286.76 USD Billion Jul 2026


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).
Actual Previous Highest Lowest Dates Unit Frequency
1951.00 1843.00 2438.21 -569.56 1998 - 2026 USD Hundred Million Quarterly
Current Prices, NSA

News Stream
China Records Record Q2 Current Account Surplus
China's current account surplus widened to $195.1 billion in the second quarter of 2026 from $128.7 billion in the the previous year, the largest surplus on record for the second quarter. The goods surplus widened to $278.9 billion from $219.1 billion in the previous period. The credit compartment of the goods account rose by 26.2% to $1.1 trillion, as higher prices for major commodities that China exports lifted turnover while China's slowing economy drove manufacturers to continue relying on foreign clients for orders. In turn, goods debits rose 25.8% to $821.5 billion despite the surge in oil prices triggered by the war in Iran, a major supplier for Chinese refineries, as China largely halted energy imports and relied on inventory. The services account deficit widened slightly to $52.4 billion from $47.1 billion. Meanwhile, the primary income deficit narrowed to $37.6 billion from $47.4 billion and the secondary income surplus widened to $6.3 billion from $4.1 billion.
2026-08-14
China Current Account Surplus Widens to Q1 Record
China's current account surplus widened to $184.3 billion in the first quarter of 2026 from $163.6 billion in the corresponding period of the previous year, a record high for the period, and revised slightly higher from the preliminary estimate $184.1 billion. The goods account surplus widened to $187.9 billion from $178.2 amid a 14.6% jump in exports to $1.061 trillion in the period, as lingering weakness in the Chinese economy resulted in manufacturing capacity to continue outgrowing demand, driving producers to rely on foreign markets for sales. In turn, the services deficit was relatively unchanged at $59.6 billion (vs $59.3 billion in Q1 2025). Meanwhile, the primary income account deficit narrowed to $7.4 billion from $15.5 billion and the secondary income surplus inched higher to $3.8 billion from $2.8 billion.
2026-06-26
China Current Account Surplus Widens in Q1 2026
China’s current account surplus widened to $184.1 billion in Q1 2026, up from $163.6 billion in the same period last year, according to preliminary estimates. The goods surplus remained nearly flat at $247.4 billion, as exports rose 12.2% while imports surged 17.2%. The secondary income surplus increased to $3.9 billion from $2.9 billion. Meanwhile, the services deficit narrowed to $59.6 billion from $71.6 billion, and the primary income deficit shrank to $7.5 billion from $14.8 billion.
2026-05-15