China's trade balance measures the difference between its exports and imports of goods and services over a given period. A positive balance (surplus) means exports exceed imports; a deficit is the reverse.
Why FX traders watch it
Trade surpluses require foreign buyers to acquire cny to pay for China exports, creating structural demand for the currency. Large and persistent deficits can create sustained downward pressure on the cny.
How to interpret the data
A widening trade surplus or a narrowing deficit is broadly cny-positive. A deteriorating trade balance—especially driven by weaker export volumes—may signal slowing global demand and can weigh on the cny.
Historical تراز تجاری (CNY)
Source: NBS/PBoC
· Monthly
· USD bn
Chart data not available. Access the full historical series via the API endpoint above.
Optional upper bound. Defaults to the current date.
api_key
CONDITIONAL
string
Required for non-USD announcement requests. USD announcement requests are public without an API key.
Example Usage
To retrieve تراز تجاری data for CNY from 2023:
GET https://fxmacrodata.com/api/v1/announcements/cny/trade_balance?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY
Frequently Asked Questions
How does a trade surplus affect the cny?
Export revenues generate demand for the domestic currency as foreign buyers convert their currency to pay China exporters. Persistent surpluses create structural buying pressure.