China: Net Exports

Macro

2026-06-17

Description

China's net exports source are compiled and published by the National Bureau of Statistics of China (NBS of China). This indicator measures the value difference between a country's exports and imports. It is an important gauge for assessing a country's trade balance, economic health, and its contribution to GDP. Positive net exports indicate a trade surplus, while negative net exports signify a trade deficit.

Net exports are calculated by subtracting the total value of imports from the total value of exports. The data encompasses all goods and services traded internationally.

This data is updated annually.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update

AI Data Insight

According to the latest data, China's net exports for Q4 2025 reported -38,414.0 billion RMB, significantly widening the deficit compared to the previous observation in Q4 2023. Although this authoritative data presents a massive trade deficit, the external market consensus shows that China hit a record high surplus of 1.19 trillion USD last year, highlighting a stark contrast between the data and macro reality. Looking ahead, potential US tariff sanctions and weak domestic demand in China will continue to affect its foreign trade landscape.

AI Data Insight

According to the latest data, China's net exports for Q4 2025 reported -38,414.0 billion RMB, significantly widening the deficit compared to the previous observation in Q4 2023. Although this authoritative data presents a massive trade deficit, the external market consensus shows that China hit a record high surplus of 1.19 trillion USD last year, highlighting a stark contrast between the data and macro reality. Looking ahead, potential US tariff sanctions and weak domestic demand in China will continue to affect its foreign trade landscape.

Description

China's net exports source are compiled and published by the National Bureau of Statistics of China (NBS of China). This indicator measures the value difference between a country's exports and imports. It is an important gauge for assessing a country's trade balance, economic health, and its contribution to GDP. Positive net exports indicate a trade surplus, while negative net exports signify a trade deficit.

Net exports are calculated by subtracting the total value of imports from the total value of exports. The data encompasses all goods and services traded internationally.

This data is updated annually.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update