China: Balance of Payments (USD, Quarterly) - Goods and Services Balance

Macro

2026-01-01

Description

Annual dollar-denominated data on goods and services in China's current account are compiled and released by the State Administration of Foreign Exchange (SAFE). This indicator measures the trade balance of goods and services and reflects the difference between exports and imports. A positive number indicates a surplus, and a negative number indicates a deficit. This is an important indicator for assessing China's economic health, especially in terms of foreign trade and international economic status.

Published by
State AdministRation of Foreign Exchange of China (Choice)
Frequency
Quarterly
Next Update
Hashtags
China BoP Current_Account

AI Data Insight

According to the latest data, China's goods and services surplus reached $261.75 billion in the fourth quarter of 2025, a significant jump from $220.12 billion in the previous quarter, setting a new historical record. This expansion is primarily due to exports showing strong resilience under tariff pressures, while weak domestic demand suppressed import growth, driving the overall current account surplus to simultaneously rewrite an all-time record.

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AI Data Insight

According to the latest data, China's goods and services surplus reached $261.75 billion in the fourth quarter of 2025, a significant jump from $220.12 billion in the previous quarter, setting a new historical record. This expansion is primarily due to exports showing strong resilience under tariff pressures, while weak domestic demand suppressed import growth, driving the overall current account surplus to simultaneously rewrite an all-time record.

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Description

Annual dollar-denominated data on goods and services in China's current account are compiled and released by the State Administration of Foreign Exchange (SAFE). This indicator measures the trade balance of goods and services and reflects the difference between exports and imports. A positive number indicates a surplus, and a negative number indicates a deficit. This is an important indicator for assessing China's economic health, especially in terms of foreign trade and international economic status.

Published by
State AdministRation of Foreign Exchange of China (Choice)
Frequency
Quarterly
Next Update
Hashtags
China BoP Current_Account