Balance of trade · China

China Balance of Trade Yuan

The China Balance of Trade Yuan 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 CNY905.97B.

PublicadoParaRealConsensoAnterior
14 Oct 2026SEPCNY905.97BCNY805BCNY809.3B
8 Sep 2026AUGCNY809.3BCNY795BCNY767.07B
7 Aug 2026JULCNY767.07BCNY740BCNY859.05B
14 Jul 2026JUNCNY859.05BCNY820BCNY723.98B
9 Jun 2026MAYCNY723.98BCNY637BCNY585.6B ®
9 May 2026APRCNY585.69B–CNY354.75B
14 Apr 2026MARCNY354.75B–CNY637.55B
10 Mar 2026JAN-FEBCNY1503.49BCNY950BCNY808.8B
14 Jan 2026DECCNY808.8BCNY820BCNY792.58B

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 Yuan?

The China Balance of Trade Yuan 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 Yuan?

CNY905.97B for SEP, published on 14 October 2026 (consensus CNY805B, previous CNY809.3B).

When is the next China Balance of Trade Yuan?

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.