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.

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.

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.

This data package includes the underlying data files to replicate the data and charts presented in Economic implications of revoking China's permanent normal trade relations (PNTR) status by Megan Hogan, Warwick J. McKibbin, and Marcus Noland, PIIE Policy Brief 24-9.

If you use the data, please cite as: Hogan, Megan, Warwick J. McKibbin, and Marcus Noland. 2024. Economic implications of revoking China's permanent normal trade relations (PNTR) status, PIIE Policy Brief 24-9. Washington, DC: Peterson Institute for International Economics.

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.

China Export: Asia: Lebanon data was reported at 237.624 USD mn in Mar 2025. This records an increase from the previous number of 101.916 USD mn for Feb 2025. China Export: Asia: Lebanon data is updated monthly, averaging 119.197 USD mn from Jan 2001 (Median) to Mar 2025, with 291 observations. The data reached an all-time high of 315.588 USD mn in Jan 2014 and a record low of 10.539 USD mn in Aug 2006. China Export: Asia: Lebanon 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: USD: Trade by Country.

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 Export: Oceanian and Pacific Island data was reported at 57.099 USD bn in 2018. This records an increase from the previous number of 51.264 USD bn for 2017. China Export: Oceanian and Pacific Island data is updated yearly, averaging 4.073 USD bn from Dec 1984 (Median) to 2018, with 35 observations. The data reached an all-time high of 57.099 USD bn in 2018 and a record low of 233.260 USD mn in 1985. China Export: Oceanian and Pacific Island data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under Global Database’s China – Table CN.JA: Trade: Annual.

Graph and download economic data for International Trade: Ratio: Exports to Imports: Total for China (XTEITT01CNM156N) from Jan 1992 to Oct 2023 about ratio, imports, China, exports, and trade.

China Exports to Thailand was US$86.03 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to Thailand - data, historical chart and statistics - was last updated on July of 2025.

Lithuania Exports to China was US$224 Million during 2024, according to the United Nations COMTRADE database on international trade. Lithuania Exports to China - data, historical chart and statistics - was last updated on July of 2025.

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.

China Exports to Brazil was US$59.11 Billion during 2023, according to the United Nations COMTRADE database on international trade. China Exports to Brazil - data, historical chart and statistics - was last updated on June of 2025.

Laos Exports to China was US$2.31 Billion during 2023, according to the United Nations COMTRADE database on international trade. Laos Exports to China - data, historical chart and statistics - was last updated on July of 2025.

China Exports to Cuba was US$644.63 Million during 2024, according to the United Nations COMTRADE database on international trade. China Exports to Cuba - data, historical chart and statistics - was last updated on July of 2025.