What happened
Actual 31% came in above forecast 24.5%. Previous was 28.2%, now higher than that.
What it means
How much the country sold (export) and bought (import). This affects currency demand.
High impact · 🇨🇳 CNY · Latest releaseGuide
China Imports YoY
Released · Sep
Actual31%
Forecast24.5%
Previous28.2%
Next release
All times are shown in your own time zone.
What is this news
Trade Balance: the difference between how much a country sold (export) and bought (import). Released by General Administration of Customs. This comes every month.
How important it is
When exports are higher, foreigners need to buy that country's currency, so this is linked to currency demand. This is a High impact event on FxGram: CNY pairs often see sharp moves at this time.
What this data does
Generally, if the surplus increases or the deficit decreases, it is seen as a good sign for the currency; if the opposite, it signals weakness.
This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.
Previous releases
| Date | Actual | Forecast | Previous |
|---|---|---|---|
| Sep | 31% | 24.5% | 28.2% |
| Aug | 28.2% | 30% | 27.5% |
| Jul | 27.5% | 27.9% | 36% |
| Jun | 36% | 24% | 27.4% |
| May | 27.4% | 25% | 25.3% |
| Apr | 25.3% | 15.2% | 27.8% |
| Mar | 27.8% | 11.1% | 13.8% |
| Jan-Feb | 19.8% | 6.3% | 5.7% |
| Dec | 5.7% | 0.9% | 1.9% |
| Nov | 1.9% | 2.8% | 1% |
| Oct | 1% | 3.2% | 7.4% |
| Sep | 7.4% | 1.5% | 1.3% |
| Aug | 1.3% | 3% | 4.1% |
Data: General Administration of Customs, via TradingView economic calendar.
See full calendar