Balance of trade · China

China Imports YoY

The China Imports YoY 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.

重要性
Medium
发布时间
Monthly
下次发布
货币
CNH · Chinese yuan (renminbi)
中央银行
The People's Bank of China
影响
GAUCNH · USDCNH · XAUCNH

最新数据

最新一期(SEP)于 2026-10-14 公布,数值为 31%。 高于 24.5% 的市场预期。 高于上次的 28.2%。

最近 12 次公布中介于 1% 至 36%,平均 20%。 已连续三次公布上升。

Oct 2025: 7.4%Nov 2025: 1%Dec 2025: 1.9%Jan 2026: 5.7%Mar 2026: 19.8%Apr 2026: 27.8%May 2026: 25.3%Jun 2026: 27.4%Jul 2026: 36%Aug 2026: 27.5%Sep 2026: 28.2%Oct 2026: 31% Oct 2025Oct 2026
实际结果;柱上的短线标示市场预期。
发布时间期限实际值预期值前值
14 Oct 2026SEP31%24.5%28.2%
8 Sep 2026AUG28.2%30%27.5%
7 Aug 2026JUL27.5%27.9%36%
14 Jul 2026JUN36%24%27.4%
9 Jun 2026MAY27.4%25%25.3%
9 May 2026APR25.3%15.2%27.8%
14 Apr 2026MAR27.8%11.1%13.8% ®
10 Mar 2026JAN-FEB19.8%6.3%5.7%
14 Jan 2026DEC5.7%0.9%1.9%
8 Dec 2025NOV1.9%2.8%1%
7 Nov 2025OCT1%3.2%7.4%
13 Oct 2025SEP7.4%1.5%1.3%

在财经日历中查看 →

为何重要

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.

计算方法

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

变化意味着什么

  • 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).

高于预期:A larger surplus (or smaller deficit) than expected tends to support the Chinese yuan (renminbi).

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

简史

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.

问题

What is the China Imports YoY?

The China Imports YoY 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 Imports YoY?

31% for SEP, published on 14 October 2026 (consensus 24.5%, previous 28.2%).

When is the next China Imports YoY?

On Tuesday 10 November 2026 at 03:00 UTC.

仅供学习参考,不构成投资建议。数据为我们日历记录的已发布结果;所述市场反应为典型情况,并无保证。