China posts $184.3 bn current account surplus in Q1 2026

China has recorded a current account surplus of $184.3 billion between January and March 2026 (Q1), according to a data released by the State Administration of Foreign Exchange (SAFE).Trade in goods remained the main contributor to the surplus, posting a 1.722 trillion yuan (~$247.3 billion) surplus in the first quarter. In contrast, trade in services registered a 413.6-billion-yuan deficit.

China has recorded a current account surplus of $184.3 billion in Q1 2026, driven by a 1.722 trillion yuan (~$247.3 billion) surplus in goods trade.
Services trade posted a deficit of 413.6 billion yuan (~$59.4 billion) in the first quarter.
The capital and financial accounts recorded a deficit of 1.3102 trillion yuan (~$188.1 billion).

Meanwhile, China’s capital and financial accounts recorded a 1.3102 trillion yuan deficit during the quarter, equivalent to $188.1 billion in dollar terms, reflecting net capital outflows over the period, the data revealed.

The latest figures highlighted the continued strength of China’s merchandise trade balance, while the services deficit and capital account outflows partially offset the overall external position.

Fibre2Fashion News Desk (JP)