China's trade surplus jumped to USD 78.76 billion in May 2022 from USD 43.28 billion in the same month a year earlier, exceeding market forecasts of a surplus of USD 58.0 billion. This was the largest figure since the start of the year, as authorities relaxed COVID-19 control measures in Shanghai and Beijing. Exports grew 16.9% yoy, the most in four months, on the back of a resume of factory production and an easing of logistic issue; while imports rose by 4.1 percent, picking up from a stagnation in April, as domestic demand recovered. Considering the first five months of the year, the trade surplus was at USD 290.46 billion, with exports rising 13,5% while imports gained 6.6%. The trade surplus with the US widened to $153 billion. source: General Administration of Customs

Balance of Trade in China averaged 12.64 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 July of 2022.

Balance of Trade in China is expected to be 66.00 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.

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China Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-05-09 04:00 AM Apr $51.12B $47.38B $50.65B $53B
2022-06-09 03:00 AM May $78.76B $51.12B $58B $50B
2022-07-13 03:00 AM Jun $78.76B $ 66B


Related Last Previous Unit Reference
Balance of Trade 78.76 51.12 USD Billion May 2022
Exports 308.25 273.62 USD Billion May 2022
Imports 229.49 222.50 USD Billion May 2022
Terms of Trade 97.25 93.02 points May 2022

China Balance of Trade
Since 1995, China has been recording consistent trade surpluses. In 2021, the surplus hit $676.43 billion, the highest since records started in 1950, up from $523.99 bln in 2020 as exports increased more than 20% boosted by the post-covid economic recovery.
Actual Previous Highest Lowest Dates Unit Frequency
78.76 51.12 94.38 -61.99 1981 - 2022 USD Billion Monthly
Current Prices, NSA

News Stream
China Trade Surplus Larger than Expected
China's trade surplus jumped to USD 78.76 billion in May 2022 from USD 43.28 billion in the same month a year earlier, exceeding market forecasts of a surplus of USD 58.0 billion. This was the largest figure since the start of the year, as authorities relaxed COVID-19 control measures in Shanghai and Beijing. Exports grew 16.9% yoy, the most in four months, on the back of a resume of factory production and an easing of logistic issue; while imports rose by 4.1 percent, picking up from a stagnation in April, as domestic demand recovered. Considering the first five months of the year, the trade surplus was at USD 290.46 billion, with exports rising 13,5% while imports gained 6.6%. The trade surplus with the US widened to $153 billion.
2022-06-09
China Trade Surplus Largest in 3 Months
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.
2022-05-09
China Trade Surplus Larger than Estimated
China’s trade surplus jumped to USD 47.38 billion in March 2022 from USD 11.83 billion in the same month a year earlier, easily beating market forecasts of USD 22.4 billion. Export extended their double-digit growth, increasing by 14.7 percent yoy; while imports fell 0.1 percent, the first drop since August 2020. China's trade surplus with the US rose by 50% yoy to USD 32.09 billion. Meantime, total trade with Russia grew 27.8% to USD 38.18 billion in Q1, while those with Ukraine increased 10.6%. Considering the first three months of the year, the goods posted a surplus of USD 162.9 billion.
2022-04-13