China's current account surplus was confirmed at USD 54.6 billion in the fourth quarter of 2018, smaller than last year's surplus of USD 62.3 billion. The goods trade surplus was recorded at USD 139.1 billion and the secondary income surplus at USD 2.5 billion, while the service deficit came in at USD 64.1 billion and the primary income deficit at USD 22.8 billion. In 2018, China's current account surplus decreased to USD 49.1 billion, or 0.4 percent of GDP, from 2017's USD 164.9 billion, or 1.3 percent of GDP. Current Account in China averaged 394.41 USD HML from 1998 until 2018, reaching an all time high of 1330.85 USD HML in the fourth quarter of 2008 and a record low of -341 USD HML in the first quarter of 2018.

Current Account in China is expected to be -138.47 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in China to stand at 120.76 in 12 months time. In the long-term, the China Current Account is projected to trend around 67.52 USD HML in 2020, according to our econometric models.

China Current Account
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China Trade Last Previous Highest Lowest Unit
Balance of Trade 326.47 40.10 612.86 -320.02 USD HML [+]
Current Account 545.99 232.63 1330.85 -341.00 USD HML [+]
Current Account to GDP 0.40 1.30 10.10 -3.70 percent [+]
Imports 1660.25 1311.50 1951.23 13.88 USD HML [+]
Exports 1986.72 1351.70 2315.23 12.50 USD HML [+]
External Debt 19652.14 17106.00 19652.14 158.28 USD HML [+]
Terms of Trade 104.38 99.42 118.33 81.75 Index Points [+]
Capital Flows -546.00 168.00 725.40 -1305.58 USD HML [+]
Foreign Direct Investment 36.19 216.90 1349.70 18.32 USD HML [+]
Tourist Arrivals 3054.00 2917.00 3054.00 22.96 Tens of Thousands [+]
Gold Reserves 1864.30 1852.50 1864.30 395.01 Tonnes [+]
Crude Oil Production 3845.00 3779.00 4408.00 1012.00 BBL/D/1K [+]
Tourism Revenues 5.97 5.40 5.97 4.13 CNY Trillion [+]
Terrorism Index 5.11 5.54 6.29 1.47 [+]
Weapons Sales 1131.00 2192.00 2606.00 3.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



China Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
545.99 232.63 1330.85 -341.00 1998 - 2018 USD HML Quarterly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -1134.00 Feb/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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