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.

Важность
Medium
Опубликовано
Monthly
Следующая публикация
Валюта
CNH · Chinese yuan (renminbi)
Центральный банк
The People's Bank of China
Влияет на
GAUCNH · USDCNH · XAUCNH

Последние данные

Последняя публикация, за SEP, вышла 2026-10-14; значение: $133.53B.

ОпубликованоДляФактКонсенсусПредыдущее
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

Посмотреть в экономическом календаре →

Почему это важно

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.

Как считается

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

Что означают изменения

  • 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).

Выше ожиданий: A larger surplus (or smaller deficit) than expected tends to support the Chinese yuan (renminbi).

Ниже ожиданий: A smaller surplus (or larger deficit) than expected tends to weigh on the Chinese yuan (renminbi).

Краткая история

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.

Вопросы

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.

Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.