The Zhitong Finance App learned that on November 13, the State Administration of Foreign Exchange released preliminary data on China's balance of payments for the third quarter and the first three quarters of 2026. In the third quarter of 2026, China had a current account surplus of 1872.2 billion yuan, including a surplus of trade in goods of 2374.3 billion yuan, a deficit of 433.1 billion yuan in trade in services, an initial revenue deficit of 114.3 billion yuan, and a secondary revenue surplus of 45.3 billion yuan. Capital and financial accounts (including net errors and omissions for the quarter) had a deficit of $1872.2 billion.
In the first three quarters of 2026, China had a current account surplus of 448.1 billion yuan, including a surplus of 602.3 billion yuan in trade in goods, 1225.6 billion yuan in trade in services, an initial revenue deficit of 411.3 billion yuan, and a secondary revenue surplus of 114.7 billion yuan. Capital and financial accounts (including net errors and omissions for the third quarter) had a deficit of 4257.4 billion yuan.
In US dollars, in the third quarter of 2026, China had a current account surplus of 276.1 billion US dollars, including a surplus of 35.1 billion US dollars in trade in goods, a deficit of 63.9 billion US dollars in trade in services, an initial revenue deficit of 16.8 billion US dollars, and a secondary revenue surplus of 6.7 billion US dollars. Capital and financial accounts (including quarterly net errors and omissions) had a deficit of $276.1 billion.
In US dollars, in the first three quarters of 2026, China had a current account surplus of 654.1 billion US dollars, of which the surplus in trade in goods was 876.4 billion US dollars, the trade in services deficit was 178.8 billion US dollars, the initial revenue deficit was 60.2 billion US dollars, and the secondary revenue surplus was 16.8 billion US dollars. Capital and financial accounts (including net errors and omissions for the third quarter) had a deficit of US$621.3 billion.
In terms of SDR, in the third quarter of 2026, China had a current account surplus of 2023 billion SDR, of which the goods trade surplus was 256.6 billion SDR, the services trade deficit was 46.8 billion SDR, the initial revenue deficit was 12.3 billion SDR, and the secondary revenue surplus was 4.9 billion SDR. Capital and financial accounts (including net errors and omissions for the quarter) had a deficit of 2023 billion SDR.
In terms of SDR, in the first three quarters of 2026, China had a current account surplus of 478.6 billion SDR, including goods trade surplus of 641.2 billion SDR, trade in services deficit of 13.8 billion SDR, initial revenue deficit of 44.1 billion SDR, and secondary revenue surplus of 12.3 billion SDR. Capital and financial accounts (including net errors and omissions for the third quarter) had a deficit of 454.5 billion SDR.
This article was selected from the “State Administration of Foreign Exchange”; Zhitong Finance Editor: Huang Xiaodong.