Trade Balance USD

The Trade Balance released by the General Administration of Customs of the People’s Republic of China is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the CNY. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market. In general, a high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.

Most recent - Friday 12 April 2024 07:00

Previous
$125.16B
Revised
-
Forecast
$70.2B
Actual
$58.55B

Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.

Next event - Tuesday 7 May 2024 03:00

Previous
$58.55B
Forecast
-
Actual
-

The typical/expected impact on CNY pairs is medium.

There is no forecast value for Trade Balance USD yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Trade Balance USD was $58.55B against a forecast of $70.2B.

Past events

Date
Forecast
Actual
Friday 12 April 2024 07:00
$70.2B
$58.55B
Thursday 7 March 2024 03:00
$103.7B
$125.16B
Friday 12 January 2024 02:30
$74.75B
$75.34B
Thursday 7 December 2023 03:00
$58.1B
$68.39B
Tuesday 7 November 2023 03:00
$81.95B
$56.53B
Friday 13 October 2023 03:09
$70B
$77.71B
Thursday 7 September 2023 03:00
$73.9B
$68.36B
Tuesday 8 August 2023 03:00
$70.6B
$80.6B
Thursday 13 July 2023 03:00
$74.8B
$70.62B
Wednesday 7 June 2023 03:00
$92B
$65.81B
Tuesday 9 May 2023 03:00
$71.6B
$90.21B
Thursday 13 April 2023 03:00
$39.2B
$88.19B
Tuesday 7 March 2023 04:20
$81.8B
$116.8B
Friday 13 January 2023 03:00
$76.2B
$78B
Wednesday 7 December 2022 03:00
$78.1B
$69.84B
Monday 7 November 2022 03:00
$95.95B
$85.15B
Monday 24 October 2022 03:00
$81B
$84.74B
Wednesday 7 September 2022 03:00
$92.7B
$79.39B
Sunday 7 August 2022 03:00
$90B
$101.26B
Wednesday 13 July 2022 06:35
$75.7B
$97.94B
Thursday 9 June 2022 03:00
$58B
$78.76B
Monday 9 May 2022 02:00
$50.65B
$51.12B
Wednesday 13 April 2022 02:00
$22.4B
$47.38B
Monday 7 March 2022 03:00
$99.5B
$115.95B
Monday 7 March 2022 03:00
-
$85.37B
Friday 14 January 2022 02:00
$74.5B
$94.46B
Tuesday 7 December 2021 02:00
$82.75B
$71.72B
Sunday 7 November 2021 02:00
$39.89B
$84.54B
Wednesday 13 October 2021 03:00
$47.6B
$66.76B
Tuesday 7 September 2021 03:04
$51.05B
$58.34B
Saturday 7 August 2021 01:59
$51.54B
$56.59B
Tuesday 13 July 2021 03:00
$44.2B
$51.5B
Monday 7 June 2021 03:00
$50.5B
$45.53B
Friday 7 May 2021 03:00
$28.1B
$42.85B

Economic context

Recent economic data has been moderately bearish for CNY. Other recent announcements which may affect the market's interpretation of the next Trade Balance USD result:

PreviousLatest
Gross Domestic Product (QoQ)Bullish change1.2%1.6%
Gross Domestic Product (YoY)Bullish change5.2%5.3%
Industrial Production (YoY)Bearish change7%4.5%
Retail Sales (YoY)Bearish change5.5%3.1%
Exports (YoY)Bearish change7.1%-7.5%
Exports (YoY) CNYBearish change10.6%-3.8%
Imports (YoY)Bearish change3.5%-1.9%
Imports (YoY) CNYBearish change6.7%2%
Trade Balance CNYBullish change281.97B415.86B

About Trade Balance USD

Country:China
Currency:CNY
Source:National Bureau of Statistics of China
Category:Capital Flows
Frequency:Monthly

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