<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 20: China’s trade surplus is growing</label>
    <description><![CDATA[Nominal trade balance of goods and services as a share of GDP, quarterly data

Sources: China’s State Administration of Foreign Exchange and National Bureau of Statistics via Haver Analytics and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=250907</link>
</groupDetail>
<seriesDetail>
<series id="MPR_2026M01_CHINA_TRADE_BALANCE_S1">
<label>Trade balance as a share of GDP</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2015-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.7</v></o>
<o d="2015-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.8</v></o>
<o d="2015-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.2</v></o>
<o d="2015-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.2</v></o>
<o d="2016-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.0</v></o>
<o d="2016-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.4</v></o>
<o d="2016-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.4</v></o>
<o d="2016-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.1</v></o>
<o d="2017-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.8</v></o>
<o d="2017-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.9</v></o>
<o d="2017-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.5</v></o>
<o d="2017-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.7</v></o>
<o d="2018-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">0.3</v></o>
<o d="2018-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">0.7</v></o>
<o d="2018-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">0.3</v></o>
<o d="2018-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.1</v></o>
<o d="2019-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.1</v></o>
<o d="2019-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">0.8</v></o>
<o d="2019-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.0</v></o>
<o d="2019-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">0.7</v></o>
<o d="2020-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">-0.1</v></o>
<o d="2020-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.4</v></o>
<o d="2020-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.8</v></o>
<o d="2020-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.1</v></o>
<o d="2021-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.9</v></o>
<o d="2021-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.0</v></o>
<o d="2021-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.3</v></o>
<o d="2021-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.1</v></o>
<o d="2022-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.2</v></o>
<o d="2022-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.4</v></o>
<o d="2022-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.4</v></o>
<o d="2022-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.5</v></o>
<o d="2023-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.3</v></o>
<o d="2023-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.6</v></o>
<o d="2023-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.8</v></o>
<o d="2023-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.7</v></o>
<o d="2024-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">1.9</v></o>
<o d="2024-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">2.4</v></o>
<o d="2024-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.3</v></o>
<o d="2024-10-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.9</v></o>
<o d="2025-01-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">4.2</v></o>
<o d="2025-04-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">3.7</v></o>
<o d="2025-07-01"><v s="MPR_2026M01_CHINA_TRADE_BALANCE_S1">4.1</v></o>
</observations>
</data>