Balance of trade · China

China Balance of Trade

The China Balance of Trade shows the difference between the value of goods (and sometimes services) that China sells abroad and what it buys from abroad, or the growth of exports and imports.

Importancia
Medium
Publicado
Monthly
Próxima publicación
Divisa
CNH · Chinese yuan (renminbi)
Banco central
The People's Bank of China
Mueve
GAUCNH · USDCNH · XAUCNH

Últimas cifras

El último dato, de SEP, se publicó el 2026-10-14 y fue $133.53B.

PublicadoParaRealConsensoAnterior
14 Oct 2026SEP$133.53B$118.1B$119.09B ®
8 Sep 2026AUG$119.1B$119.1B$112.5B
7 Aug 2026JUL$112.5B$107.0B$125.62B
14 Jul 2026JUN$125.62B$121B$105.43B
9 Jun 2026MAY$105.43B$92.1B$84.8B ®
9 May 2026APR$84.82B$83.3B$51.13B
14 Apr 2026MAR$51.13B$112B$90.98B
10 Mar 2026JAN-FEB$213.62B$179.6B$114.11B ®
14 Jan 2026DEC$114.1B$113.6B$111.68B
8 Dec 2025NOV$111.68B$100.2B$90.07B
7 Nov 2025OCT$90.07B$95.6B$90.45B
13 Oct 2025SEP$90.45B$98.96B$102.33B

Verlo en el calendario económico →

Por qué importa

Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the Chinese yuan (renminbi); strong imports signal domestic demand. China's figures are read as a gauge of world demand.

Cómo se calcula

Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.

Trade balance = exports − imports

Qué significan los cambios

  • Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
  • Exchange-rate moves take months to affect trade volumes (the J-curve).

Mayor de lo esperado: A larger surplus (or smaller deficit) than expected tends to support the Chinese yuan (renminbi).

Menor de lo esperado: A smaller surplus (or larger deficit) than expected tends to weigh on the Chinese yuan (renminbi).

Una breve historia

Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.

Preguntas

What is the China Balance of Trade?

The China Balance of Trade shows the difference between the value of goods (and sometimes services) that China sells abroad and what it buys from abroad, or the growth of exports and imports.

What was the latest China Balance of Trade?

$133.53B for SEP, published on 14 October 2026 (consensus $118.1B, previous $119.09B).

When is the next China Balance of Trade?

On Tuesday 10 November 2026 at 03:00 UTC.

Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.