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 |
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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 youtube.com/cmegroup|May 9, 2024
Copper futures rally on improved Chinese data and USD weakness. Bob Iaccino explains.
- 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|Apr 12, 2024|2 comments
China’s exports slumped in March, dealing a blow to hopes that booming sales abroad will offset weak demand at home and drive growth in the world’s second-largest economy. Exports shrank 7.5% in dollar terms in March from a year earlier, while imports fell 1.9%, the customs administration said Friday. Both numbers came in well below economist forecasts. The trade surplus for the month was almost $59 billion. Bright spots in earlier March data, especially from trade and industry, had offered encouragement that China’s goal this year ...
- From think.ing.com|Apr 4, 2024
Next week in Asia features several inflation reports from the region plus three central bank policy meetings. China inflation likely to moderate China will publish its CPI inflation data next week, and a decline in food prices post-Chinese New Year will likely lead to inflation pulling back to around 0.4% year-on-year. Trade data will also be released on Friday. Positive momentum from the first few months, typical seasonality, and a recovery of export orders in the March PMI will likely lead to sequential solid growth – but YoY ...
- 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 ...
Released on Jun 6, 2024 |
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Released on May 8, 2024 |
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Released on Apr 12, 2024 |
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Released on Mar 6, 2024 |
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