China - External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in China was 2,526,690,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,526,690,000,000 in 2020 and a minimum value of -94,587,170,000 in 1993.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 -180,000,000
1961 470,000,000
1962 1,330,000,000
1963 1,430,000,000
1964 1,330,000,000
1965 780,000,000
1966 490,000,000
1967 540,000,000
1968 670,000,000
1969 1,260,000,000
1970 70,000,000
1971 1,610,000,000
1972 1,890,000,000
1973 1,330,000,000
1974 -1,340,000,000
1975 -440,000,000
1976 550,000,000
1977 690,000,000
1978 -1,980,000,000
1979 -3,120,000,000
1980 -2,760,000,000
1981 -10,000,000
1982 12,607,440,000
1983 6,710,310,000
1984 151,200,000
1985 -36,752,940,000
1986 -25,495,500,000
1987 1,297,860,000
1988 -19,736,460,000
1989 -24,344,320,000
1990 55,793,640,000
1991 66,589,740,000
1992 31,837,260,000
1993 -94,587,170,000
1994 63,407,780,000
1995 99,857,670,000
1996 145,914,000,000
1997 354,996,000,000
1998 362,928,000,000
1999 253,655,000,000
2000 238,301,000,000
2001 232,472,000,000
2002 309,416,000,000
2003 296,491,000,000
2004 423,560,000,000
2005 1,021,230,000,000
2006 1,665,790,000,000
2007 2,343,380,000,000
2008 2,423,930,000,000
2009 1,503,800,000,000
2010 1,505,710,000,000
2011 1,168,850,000,000
2012 1,463,600,000,000
2013 1,455,210,000,000
2014 1,361,080,000,000
2015 2,234,650,000,000
2016 1,697,560,000,000
2017 1,457,840,000,000
2018 605,276,000,000
2019 917,349,000,000
2020 2,526,690,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts