CH Trade Balance
It’s a leading indicator of consumer demand – a rising surplus indicates that foreigners are buying more of the country's resources;
Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released. A positive number indicates that more goods were exported than imported. Source first reported this Yuan-denominated data in Feb 2015;
- CH Trade Balance Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jun 6, 2024 | 586B | 523B | 513B |
May 8, 2024 | 513B | 510B | 416B |
Apr 12, 2024 | 416B | 508B | 891B |
Mar 6, 2024 | 891B | 620B | 541B |
Jan 11, 2024 | 541B | 520B | 491B |
Dec 6, 2023 | 491B | 392B | 405B |
Nov 6, 2023 | 405B | 596B | 559B |
Oct 12, 2023 | 559B | 510B | 488B |
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- CH Trade Balance News
- From apnews.com|Jun 8, 2024
China’s exports in May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations, according to customs data released Friday. Exports jumped 7.6% in May from the same month last year to $302.35 billion, rising at the fastest pace since April 2023. Imports rose by 1.8% to $219.73 billion, missing estimates of about 4% growth. The uptick in exports is also partly due to a lower base in the same period last year, when exports declined 7.5%. In comparison, exports grew by 1.5% ...
- From fxstreet.com|Jun 6, 2024
China's Trade Balance for May, in Chinese Yuan terms, came in at CNY586.40 billion, widening from the previous figure of CNY513.45 billion. Exports jumped by 11.2% YoY in May vs. 5.1% seen in April. The country’s imports rose 5.2% YoY in the same period vs. 12.2% recorded previously. In US Dollar terms, China’s trade surplus shrank in May. Trade Balance came in at +82.62B versus +73B expected and +72.35B previous. • Exports (YoY): 7.6% vs. 6.0% expected and 1.5% previous. • Imports (YoY): 1.8% vs. 4.2% expected and 8.4% last. ...
- From finance.yahoo.com|May 8, 2024
China's export returned to growth in April after contracting sharply in March, customs data showed on Thursday, suggesting some improvement in overseas demand that policymakers will hope extends through the rest of this year. Shipments from China grew 1.5% year-on-year last month, in line with the increase forecast in a Reuters poll of economists. They fell 7.5% in March, which marked the first contraction since November. Imports for April increased 8.4%, beating an expected 4.8% rise. China's economy grew faster than expected in the ...
- From bnnbloomberg.ca|Mar 7, 2024
China’s exports grew much faster than expected in the first two months of 2024 in an early, encouraging sign for demand as the world’s second-largest economy tries to find its footing. Overseas shipments in US dollar terms rose 7.1% in the January-February period from a year earlier, well above the 1.9% forecast by economists in a Bloomberg survey, official data showed Thursday. The uptick was also much better than December’s gain of 2.3%. Imports grew 3.5%. The trade surplus was $125 billion, a record. “We are witnessing an uptick ...
- From fxstreet.com|Mar 6, 2024
China's Trade Balance for February, in Chinese Yuan terms, came in at CNY 890.8 billion, widening from the previous figure of CNY540.90 billion. Exports rose sharply by 7.1%% YoY during the reported month vs. 2.3% seen in January and 1.9% expected. The country’s imports, meanwhile, climbed 3.5% YoY in February vs. 0.2% booked previously. In US Dollar terms, China’s trade surplus rose to $125.16 billion in February versus the +103.7 billion expected and +75.34 billion previous. FX implications The AUD/USD pair reacts little to the ...
- From forexlive.com|Jan 11, 2024
China's December Trade Balance (in yuan terms CNChina's December Trade Balance (in yuan terms CNY) is a surplus of 540.9bn. • Prior surplus, in November, was 490.8bn. • Exports +3.8% y/y in December, prior +1.7%. • Imports +1.6% y/y in December, prior +0.6%. In US dollar terms, the trade balance is a surplus of 75.34bn. • Expected 74.75bn, prior 68.39bn. • Exports +2.3% y/y (expected +1.7%, prior +0.5%). • Imports +0.2% y/y (expected +0.3%, prior -0.6%). *** China's customs agency says out of major exporters it surveyed, 75% expect ...
- From investing.com|Dec 6, 2023
China’s trade balance grew more than expected in November, aided by a surprise rise in exports as they snapped a six-month losing streak, although an unexpected drop in imports still indicated continued weakness in local demand. The country’s trade surplus grew to $68.39 billion in November from $56.53 billion in the prior month, data from the Customs Administration showed on Thursday. The reading was more than expectations for a surplus of $58 billion. The trade balance also improved from its worst level in over a year. Exports grew ...
- From business.nab.com.au|Nov 15, 2023
There was little in this month’s data to change our overall view of China’s economy. Rapid expansion in government bond issuance in recent months should ensure that China meets (and likely exceeds) its growth target for the year, but not address fundamental constraints around household consumption and the real estate sector. Our forecasts for China’s economic growth are unchanged – with 2023 growth at 5.2%, 2024 at 4.5% and 2025 and 4.8%. Growth in China’s industrial production edged up in October, increasing by 4.6% yoy, compared ...
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Released on May 8, 2024 |
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Released on Mar 6, 2024 |
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Released on Jan 11, 2024 |
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Released on Dec 6, 2023 |
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Released on Nov 6, 2023 |
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