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China Balance of Trade

Last Release
Feb 2020
Actual
-35.48 USD HML
Forecast
25000000000 USD HML
Previous
-35.48 USD HML
Frequency
Monthly
Units In
USD HML
Next Release
Apr 14, 2020
Time to Release
7 Days 14 Hours
Highest
Lowest
Average
Date Range
Source
612.86 USD HML
Oct 2015
-320.02 USD HML
Feb 2012
101.47 USD HML1981 - 2020General Administration of Customs
Since 1995, China has been recording consistent trade surpluses which from 2004 to 2009 has increased 10 times. In 2019, China posted a trade surplus of USD 421.9 billion, the biggest since 2016, as exports increased 0.5 percent and imports fell 2.7 percent on weak domestic demand and trade tensions with the US. The biggest trade surpluses were recorded with the US, Hong Kong, the EU - in particular the Netherlands, the UK, Poland, Spain, Italy and Belgium - India, Vietnam, the Philippines, Singapore, the UAE, Pakistan, Turkey and Indonesia. The largest deficits were recorded with Taiwan, Australia, South Korea, Brazil, Saudi Arabia, Japan, Germany, Switzerland, Malaysia, Oman, Chile and Russia.

Latest Updates

China unexpectedly posted a trade deficit of USD 7.09 billion in January-February 2020 combined, missing market expectations of a surplus of USD 24.6 billion and swinging from a surplus of USD 47.21 billion in the previous period. This was the first trade gap since March 2018, reflecting the severe impact of the rapid spread of COVID-19 outbreak on the country's economy.

China Balance of Trade History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Mar 7, 202005:55China Posts First Trade Gap Since March 2018
Feb 7, 202008:35China January Trade Surplus Above Expectations
Jan 14, 202010:23China December Trade Surplus Smaller than Forecast
Jan 1, 202012:05US-China Trade War Enters 3rd Year
Dec 9, 201911:02China November Trade Surplus Below Estimates
Nov 8, 201910:10China Posts Largest Trade Surplus in 3 Months
Oct 14, 201909:50China September Trade Surplus Beats Expectations
DATETIMEEVENTActual
Nov 8, 201903:00Balance of Trade42.81 B
Oct 14, 201902:30Balance of Trade39.65 B
Sep 8, 201904:00Balance of Trade34.83 B
Aug 8, 201903:00Balance of Trade45.05 B
Jul 12, 201907:50Balance of Trade50.98 B
Jun 10, 201903:00Balance of Trade41.66 B
May 8, 201903:00Balance of Trade13.84 B

A Look at the Markets

Educational Pieces on Marco Indicators

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China trade Indicators

All China indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Balance of Trade
-35.48
Feb 2020
-35.48
Feb 2020
-320.02
Feb 2012
612.86
Oct 2015
USD HMLMonthly1981 - 2020
Capital Flows
-401
Dec 2019
-97.6
Sep 2019
-1,305.58
Dec 2008
725.4
Mar 2018
USD HMLQuarterly1998 - 2019
Crude Oil Production
3,782
Dec 2019
3,820
Nov 2019
1,012
Apr 1973
4,408
Jun 2015
BBL/D/1KMonthly1973 - 2019
Current Account
401
Dec 2019
491.89
Sep 2019
-341
Mar 2018
1,330.85
Dec 2008
USD HMLQuarterly1998 - 2019
Current Account to GDP
1
Dec 2019
0.4
Dec 2018
-3.7
Dec 1985
10.1
Dec 2007
%Yearly1980 - 2019
Exports
1,462.25
Feb 2020
1,462.25
Feb 2020
12.5
Feb 1983
2,382.68
Dec 2019
USD HMLMonthly1981 - 2020

Balance of Trade across Asia

Balance of Trade global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Afghanistan
-5,131.3
Dec 2018
-6,254.3
Dec 2017
-8,517.9
Dec 2012
-1,660.9
Dec 2005
USD MillionYearly2003 - 2018
Azerbaijan
1,636,262.1
Dec 2019
2,008,164.7
Sep 2019
-306,551
Dec 1998
8,201,764
Jun 2008
USD ThousandQuarterly1998 - 2019
Bangladesh
-135.7
Jan 2020
-143.8
Dec 2019
-209.8
May 2018
0
Aug 1992
BDT BillionMonthly1976 - 2020
Bhutan
-8,927.7
Jun 2019
-8,958
Mar 2019
-12,698.1
Dec 2015
3,469.8
Dec 2007
BTN MillionQuarterly1991 - 2019
Brunei
210.3
Dec 2019
140.7
Nov 2019
34.1
Jul 2015
2,971.45
Sep 2008
BND MillionMonthly2005 - 2019
Cambodia
-1,422.4
Sep 2019
-621.1
Aug 2019
-3,753
Dec 2013
363.2
Aug 2017
KHR BillionMonthly2009 - 2019

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