China recorded a trade surplus of 271.24 USD Hundred Million in June of 2013. Balance of Trade in China is reported by the General Administration of Customs. China Balance of Trade averaged 54.27 USD Hundred Million from 1983 until 2013, reaching an all time high of 404 USD Hundred Million in November of 2008 and a record low of -319.81 USD Hundred Million in February of 2012. Since 1995 China has been recording consistent trade surpluses. From 2004 to 2009 China’s annual trade surplus has increased 10 times. Yet, as the global demand is slowing down and import of commodities for vast infrastructure projects and consumer goods is growing, there has been a significant decline in trade surplus. In the last few years, the biggest trade surpluses were recorded with the United States, Netherlands, United Kingdom, Vietnam and Singapore. The biggest trade deficits were recorded with Taiwan, South Korea, Australia, Germany, South Africa, Japan and Brazil.

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