China - Balance of Goods

China: Balance of Goods

Mnemonic TRBG.ICHN
Unit Ths. USD, SAAR
Adjustments Seasonally Adjusted at Annual Rate
Monthly 16.91 %
Data Aug 2022 897,732,590
Jul 2022 1,080,455,990

Series Information

Source General Administration of Customs of the PRC
Release Trade
Frequency Monthly
Start Date 1/31/1981
End Date 8/31/2022

China: Trade

Reference Last Previous Units Frequency
Balance of Goods Aug 2022 897,732,590 1,080,455,990 Ths. USD, SAAR Monthly
Exports of Goods Aug 2022 3,622,299,392 3,790,107,502 Ths. USD, SAAR Monthly
Imports of Goods Aug 2022 2,724,566,801 2,709,651,512 Ths. USD, SAAR Monthly
Current Account Balance 2022 Q1 88,874,857,506 118,366,605,287 USD, NSA Quarterly
Exports of Goods and Services 2017 16,341,757,817,300 14,617,684,515,100 NCU Annual
Imports of Goods and Services 2017 14,926,254,322,100 12,920,124,576,200 NCU Annual
Net Exports 2015 2,400 1,615 Bil. CNY Annual
Real Exports of Goods and Services 2014 13,639,593,766,837 13,119,532,600,800 NCU Annual
Real Imports of Goods and Services 2014 11,797,706,804,538 11,320,283,768,100 NCU Annual

Release Information

In China, the monthly Foreign Trade Statistics is published by the General Administration of Customs of China (China Customs). The trade data is also available in trade by principal commodity as well as by the top trading partners of China.

  • Framework: UN International Merchandise Trade Statistics, Rev. 2 (IMTS)
  • Measurements:
    • Thousands of U.S. dollars (Ths. USD)
    • Percent change month-over-month (% M/M)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: Uniformly 2018m1
  • Geo coverage:
    • Province (31, ICHN_^^)
    • Top-level cities (28, ICHN_^^^)

The statistical territory of merchandise trade statistics coincides with the customs territory of the People's Republic of China (PR China), excluding the separate customs territories of Hong Kong, Macao and Taiwan Province.

The trade balance figure is calculated based on the difference between export and import.

Since 1980, the compilation of Customs statistics follows the concepts and definitions recommended by the United Nations for use in international trade statistics, that is International Merchandise Trade Statistics: Concepts and Definitions, Rev. 2, New York, UN, 1998 (IMTS). The disseminated data include value of total imports and exports in yuans and US dollars with (in US dollars) breakdown by two main categories each of primary and manufactured goods, as well as information by detailed categories, by destination country, foreign enterprises, domestic region, etc.

Customs statistics cover all merchandise which enter or leave the customs territory of PR China and add to or subtract the stock of material sources of China, excluding the following types of goods: temporary imports or exports, goods on lease for less than one year, personal effects of travelers, goods consigned to diplomatic missions, goods for repair and goods in transit.

Imports are recorded on the date when goods are released from Customs. Exports are recorded on the date when goods are cleared from Customs.

The source publishes only current-month and year-ago numbers; hence, only some data are revised.

Jan-Feb release

The source combines January and February data to minimise seasonal effects of Lunar New Year. We follow the same and not publish the monthly figures for January. Cumulated data will not be affected by this.