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China recorded a trade surplus of 103.22 USD Billion in May of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Key information about China's Trade Balance
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<ul style='margin-top:20px;'>
<li>China trade balance for 2022 was <strong>577.85 billion US dollars</strong>, a <strong>25.39% increase</strong> from 2021.</li>
<li>China trade balance for 2021 was <strong>460.83 billion US dollars</strong>, a <strong>29.76% increase</strong> from 2020.</li>
<li>China trade balance for 2020 was <strong>355.15 billion US dollars</strong>, a <strong>167.45% increase</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
In 2024, China's service trade deficit (also called invisible trade deficit) reached around 164.7 billion U.S. dollars. The invisible trade balance includes sales and purchases of services such as transportation services, insurance services, consulting services, and tourism. A negative trade balance value indicates that imports exceeded exports that year.
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Central Bank Balance Sheet in China decreased to 450997.98 CNY Hundred Million in May from 455203.33 CNY Hundred Million in April of 2025. This dataset provides - China Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Key information about China Current Account Balance
In 2024, China's balance of trade in agricultural products indicated a trade deficit of approximately 112.15 billion U.S. dollars. The trade deficit has increased considerably over the last two decades.
In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.
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Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for China (XTNTVA01CNM667S) from Jan 1992 to Apr 2025 about China, trade, Net, and goods.
In May 2025, the trade surplus in China amounted to approximately ***** billion U.S. dollars. A positive value implies a trade surplus, a negative trade balance implies a trade deficit. International trade in China China surpassed the United States as the worlds’ largest goods trading economy in 2013. Despite the impacts of the global coronavirus pandemic, the total value of China’s imports and exports amounted to more than *** trillion U.S. dollars in 2024.China has become a vital trade partner for many economies. In 2024, over *** billion U.S. dollars worth of the United States’ imports originated in China, making China its second-largest import partner. A trade surplus occurs when exports of a country exceed its imports. It leads to a net inflow of domestic currency from foreign countries. The trade balance is a major growth factor for an economy. Because of running a large trade surplus, China holds a vast amount of foreign exchange reserves. Foreign exchange reserves may be viewed as a sign of national strength, but also represent a form of forced savings on the people. China was the country with the highest trade surplus of approximately ****** billion U.S. dollars as of 2023.
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Current account balance (BoP, current US$) in China was reported at 252987271345 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Current account balance (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
The current account balance in China was estimated at approximately ************** U.S. dollars in 2024. Between 1997 and 2024, the account balance rose by around ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The account balance is forecast to decline by about ************* U.S. dollars from 2024 to 2030, fluctuating as it trends downward.This indicator describes the current account balance. Regarding the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items.
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Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for China (XTNTVA01CNQ664S) from Q1 1992 to Q1 2025 about China, trade, Net, and goods.
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China Balance of Payment: Current Account Balance: as % of GDP data was reported at 3.168 % in 2026. This records an increase from the previous number of 2.922 % for 2025. China Balance of Payment: Current Account Balance: as % of GDP data is updated yearly, averaging 1.903 % from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 9.949 % in 2007 and a record low of -2.937 % in 1985. China Balance of Payment: Current Account Balance: as % of GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Balance of Payments: Current Account: Forecast: Non OECD Member: Annual. CBGDPR-Current account balance, as a percentage of GDP
This statistic shows the United States goods trade deficit with China from 2014 to 2024. In 2024, the value of U.S. imports from China exceeded the exports to China by around ***** billion U.S. dollars.
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Graph and download economic data for Balance of Payments: Total Net Current Account for China, P.R.: Mainland (CHNBCAGDPBP6PT) from 1997 to 2029 about current account, BOP, China, and Net.
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China BoP: Financial Account (FA) data was reported at -180.700 USD bn in Dec 2024. This records a decrease from the previous number of -146.900 USD bn for Sep 2024. China BoP: Financial Account (FA) data is updated quarterly, averaging -26.792 USD bn from Mar 1998 (Median) to Dec 2024, with 108 observations. The data reached an all-time high of 76.130 USD bn in Mar 2018 and a record low of -180.700 USD bn in Dec 2024. China BoP: Financial Account (FA) data remains active status in CEIC and is reported by State Administration of Foreign Exchange. The data is categorized under Global Database’s China – Table CN.JF: Balance of Payments (BPM6): Quarterly.
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China recorded a Current Account surplus of 1654 USD Hundred Million in the first quarter of 2025. This dataset provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for China (CHNB6BLTT02STSAQ) from Q1 1998 to Q4 2024 about current account, BOP, and GDP.
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China Balance of Payment: USD: Current Account data was reported at 640.502 USD bn in 2026. This records an increase from the previous number of 559.068 USD bn for 2025. China Balance of Payment: USD: Current Account data is updated yearly, averaging 43.052 USD bn from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 640.502 USD bn in 2026 and a record low of -9.003 USD bn in 1985. China Balance of Payment: USD: Current Account data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Balance of Payments: Current Account: USD: Forecast: Non OECD Member: Annual. CBD-Current account balance, value in USD - According to the IMF's Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6).
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China recorded a trade surplus of 103.22 USD Billion in May of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.