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.

China trade to gdp ratio for 2023 was 37.32%, a 1.03% decline from 2022.

<ul style='margin-top:20px;'>

<li>China trade to gdp ratio for 2022 was <strong>38.35%</strong>, a <strong>1.05% increase</strong> from 2021.</li>
<li>China trade to gdp ratio for 2021 was <strong>37.30%</strong>, a <strong>2.55% increase</strong> from 2020.</li>
<li>China trade to gdp ratio for 2020 was <strong>34.75%</strong>, a <strong>1.14% decline</strong> from 2019.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

In 2024, the total value of the U.S. trade in goods with China amounted to around *** billion U.S. dollars composed of a ****** billion U.S. dollars export value and a ****** billion U.S. dollars import value. This represented a negative trade balance of ***** billion U.S. dollars.

China trade balance for 2023 was 386.04 billion US dollars, a 33.19% decline from 2022.

<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.

China Exports to Russia was US$115.28 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to Russia - data, historical chart and statistics - was last updated on June of 2025.

In 2024, the European Union exported goods worth approximately 213.3 billion euros to China, around 10 billion euros less than in the previous year. That year, the EU recorded a trade deficit of more than 304 billion euros with China.

Graph and download economic data for International Merchandise Trade Statistics: Imports: Commodities for China (CHNXTIMVA01NCMLM) from Jan 1992 to Apr 2025 about imports, China, and trade.

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.

Trade in services (% of GDP) in China was reported at 4.9 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Trade in services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

China Exports: fob: Local Currency: % Change over Previous Period data was reported at -15.869 % in Mar 2018. This records a decrease from the previous number of 5.831 % for Dec 2017. China Exports: fob: Local Currency: % Change over Previous Period data is updated quarterly, averaging 8.164 % from Jun 1981 (Median) to Mar 2018, with 148 observations. The data reached an all-time high of 52.981 % in Jun 1994 and a record low of -40.715 % in Mar 1993. China Exports: fob: Local Currency: % Change over Previous Period data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.IFS: Trade Statistics: Quarterly.

China Trade Balance: Advanced Economies: Sweden data was reported at -697.196 USD mn in Mar 2018. This records a decrease from the previous number of -268.506 USD mn for Dec 2017. China Trade Balance: Advanced Economies: Sweden data is updated quarterly, averaging -61.841 USD mn from Mar 1981 (Median) to Mar 2018, with 149 observations. The data reached an all-time high of 291.644 USD mn in Sep 2007 and a record low of -697.196 USD mn in Mar 2018. China Trade Balance: Advanced Economies: Sweden data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.DOT: Trade Balance: by Country: Quarterly.

In 2024, the trade value between China and all countries participating in the Belt and Road Initiative (BRI) reached ***** trillion yuan. The trade volume increased by *** percent compared to the previous year. Figures for years before 2023 were calculated according to a different methodology, which used a less broad definition of BRI countries (see details section).

China Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Oman data was reported at -3.114 USD bn in Mar 2018. This records a decrease from the previous number of -2.561 USD bn for Dec 2017. China Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Oman data is updated quarterly, averaging -280.560 USD mn from Mar 1981 (Median) to Mar 2018, with 149 observations. The data reached an all-time high of 4.800 USD mn in Sep 1986 and a record low of -6.393 USD bn in Jun 2014. China Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: Oman data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.DOT: Trade Balance: by Country: Quarterly.

Graph and download economic data for External Trade: Volume of Imports of Goods and Services for China, P.R.: Hong Kong (HKGTMRPCPPPT) from 2016 to 2024 about Hong Kong, imports, China, trade, goods, services, and rate.

Graph and download economic data for Current Account Debit: Trade: Total Imports of Goods for China (DISCONTINUED) (BPDBTD01CNQ637S) from Q1 1998 to Q4 2012 about debit, current account, BOP, imports, China, trade, and goods.

Graph and download economic data for Sales: Retail Trade: Total Retail Trade: Value for China (CHNSLRTTO02MLSAM) from Jan 1993 to Dec 2018 about China, trade, retail trade, sales, and retail.

As of April 2023, the sum of exports and imports between Africa and China was measured at roughly **** million U.S. dollars. Chinese exports to the African continent totaled approximately **** million U.S. dollars that same month, while items imported from Africa to the Asian country reached around *** million U.S. dollars.

CN: Totaled Supervised Entries & Exits: Inward/Outward Ships data was reported at 34,619.000 Ship in Mar 2025. This records a decrease from the previous number of 36,393.000 Ship for Dec 2024. CN: Totaled Supervised Entries & Exits: Inward/Outward Ships data is updated monthly, averaging 38,765.000 Ship from Jan 2011 (Median) to Mar 2025, with 161 observations. The data reached an all-time high of 45,550.000 Ship in May 2012 and a record low of 17,403.000 Ship in Feb 2021. CN: Totaled Supervised Entries & Exits: Inward/Outward Ships data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JA: Trade: Freight Supervision.

The China trade finance market is experiencing robust growth, driven by the country's expanding international trade activities and the increasing reliance on financial instruments to mitigate risks associated with global commerce. With a market size exceeding [Estimate based on available data; for example, let's assume a 2025 market size of $500 million], and a Compound Annual Growth Rate (CAGR) of over 4%, the market is projected to reach [Estimate based on CAGR; for example, $700 million by 2026, $900 million by 2027 and so on] by 2033. This growth is fueled by several key factors: the rising number of Chinese exporters and importers engaging in cross-border transactions, the increasing complexity of global supply chains necessitating sophisticated trade finance solutions, and the supportive government policies aimed at promoting international trade. Key players in this market include major Chinese banks like China Merchants Bank, China CITIC Bank, and Ping An Bank, along with specialized trade finance companies and insurance providers. These institutions offer a range of services including letters of credit, guarantees, factoring, and forfaiting, catering to the diverse needs of businesses involved in international trade. However, the market's expansion is not without challenges. Potential restraints include geopolitical uncertainties impacting global trade flows, evolving regulatory landscapes requiring adaptation, and competition from non-bank financial institutions offering alternative trade finance solutions. Market segmentation reveals a significant contribution from both service providers (banks holding the largest share) and end-users, with exporters and importers forming the core client base. The ongoing digitalization of trade finance processes presents both an opportunity and a challenge, demanding investment in technological upgrades and cybersecurity measures to ensure secure and efficient transactions. Future growth will likely be driven by innovation in fintech solutions, tailored services for Small and Medium-sized Enterprises (SMEs), and a focus on sustainability in trade finance practices. This comprehensive report provides an in-depth analysis of the China trade finance market, encompassing its current state, future trends, and key players. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report offers invaluable insights for businesses operating within or seeking entry into this dynamic sector. The market size is projected to reach significant figures in the coming years, presenting substantial opportunities and challenges. This report helps you navigate the complexities of this market, providing a clear understanding of its growth drivers and potential risks. The analysis includes data from the historical period (2019-2024) and delves into crucial aspects including market segmentation, competitive landscape, and regulatory impact. Recent developments include: March 2023: Ascenda, a global rewards infrastructure company, and China CITIC Bank Credit Card Center launched the next generation of the China CITIC Bank Point Program. It is to accelerate premium customer acquisition and its new retail development strategy., February 2023: Ping An Insurance Company of China, Ltd. announced that the Hong Kong Insurance Authority granted Ping An Bank Hong Kong Branch an insurance agency license. It will help the bank to better cater to their customer.. Notable trends are: Digitization Transformation is Driving the Market.

Graph and download economic data for Current Account Balance: Total Trade of Goods for China (DISCONTINUED) (BPBLTD01CNQ637S) from Q1 1998 to Q2 2013 about current account, BOP, China, trade, and goods.