China Balance of Trade

Last Release

Oct 31, 2025

Actual

90.07

Units In

USD HML

90.53

Frequency

Monthly

Next Release

Dec 08, 2025

Time to Release

13 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
170.52 Feb 2025	-61.99 Feb 2020	18.33 USD HML	1981-2025	General 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

Premier Li Qiang stressed the need to "cautiously manage" exports of minerals vital for military use, framing China’s sweeping curbs as a balance between security and cooperation. In a speech on Sunday during the Group of 20 summit in Johannesburg, South Africa, he pledged to promote mutually beneficial cooperation and the peaceful use of key minerals, while safeguarding the interests of developing countries and prudently addressing military and other uses. Hours later, Beijing unveiled a green mining initiative in partnership with 19 nations, including Cambodia, Nigeria, Myanmar, and Zimbabwe, in collaboration with the UN Industrial Development Organization. Though lacking financial commitments, the plan seeks to build an inclusive network, ensuring the "fair and reasonable, stable and smooth" mining of critical minerals.