China Current Account

Last Release

Mar 31, 2025

Actual

1,656

Units In

USD HML

1,807

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
1,807 Dec 2024	-404.54 Mar 2020	481.5 USD HML	1998-2025	N/A

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).

Latest Updates

China’s current account surplus surged to a record USD 165.6 billion in the first quarter of 2025, up sharply from USD 47.2 billion in the same period last year, according to preliminary estimates. The goods trade surplus rose significantly to USD 237.6 billion from USD 125.1 billion, driven by a 9.4% increase in exports to USD 825.9 billion and a 6.6% decline in imports to USD 588.3 billion. Meanwhile, the services deficit narrowed slightly to USD 59.3 billion from USD 61.3 billion, and the primary income deficit decreased to USD 15.4 billion from USD 20.1 billion. The secondary income surplus remained relatively stable at USD 2.7 billion, compared with USD 3.5 billion a year earlier.