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

Macro

2026-06-27

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

China's trade surplus in goods and services for Q1 2026 recorded USD 187.922 billion. Although showing a seasonal quarter-on-quarter decline, it achieved a year-on-year increase of 5.5%. This data highlights that strong exports in goods trade continue to offset the expanding deficit in services trade. Looking ahead, the resilience of external demand and the diversification of emerging markets will continue to serve as important cornerstones for stabilizing the balance of payments.

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AI Data Insight

China's trade surplus in goods and services for Q1 2026 recorded USD 187.922 billion. Although showing a seasonal quarter-on-quarter decline, it achieved a year-on-year increase of 5.5%. This data highlights that strong exports in goods trade continue to offset the expanding deficit in services trade. Looking ahead, the resilience of external demand and the diversification of emerging markets will continue to serve as important cornerstones for stabilizing the balance of payments.

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Macro
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