china import export


China, officially the People’s Republic of China, is a country in East Asia and the world’s most populous country, with a population of around 1.404 billion in 2017.

In 2018, China exported $2.59T and imported $1.61T, resulting in a positive trade balance of $977B. Japan also imports textiles ($24.7 billion) and metals ($9.58 billion)Over the last five years, exports from China have increased 11.8% annually.In 2014, China imported $1.53 trillion worth of goods, placing China as the second largest importer in the world. Source quality products Made in China.

Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.
This section shows exports and imports data at subnational level for China.

The China Import and Export Fair started in 1957.

The second and third largest export products, after machines and electronics, going to Hong Kong are precious metals ($17.8 billion) and textiles ($16.5 billion). Importers note that their domestic competitors often fail to pay taxes. China’s top three export partners are the United States ($432 billion, or 18%), Hong Kong ($258 billion, or 11%), and Japan ($166 billion, or 7%).

It was the fastest growth rate in exports since December last year, as global demand improves with more countries lifting COVID-19 related restrictions. Click any of the Subnational Level in the geomap to visit the specific subnational profile.The highest complexity exports of China according to the product complexity index (PCI) are The top export opportunities for China according to the relatedness index, are N/A.

This article takes a look at some of its major exports and imports.In 2014, China exported $2.37 trillion worth of goods. For example, the US is the top importer of computers (29%) and broadcasting equipment (26%).
Relatedness measures the distance between a country's current exports and each product. This partnership can be seen in the top five export products as well. China has a socialist market economy, dominated by government-owned industry in an open market. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of China over time.This section shows the differences between China's total subnational aggregate trade throughout time.

The following is a list of the exports of China.. Data is for 2012, in billions of United States dollars, as reported by The Observatory of Economic Complexity.Currently the top thirty exports are listed. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. China's exports rose at the fastest pace in seven months in July, while imports declined, painting a mixed picture for the economy as it recovers from … Economists polled by Reuters had expected exports to have fallen 15.7% in April from a year earlier while imports were expected to have fallen 11.2% from a year earlier..

After mineral products, machines and transportation are its next largest import categories, representing $383 billion and $117 billion respectively.China’s top three import partners are South Korea ($142 billion, or 9.3%), the US ($134 billion, or 8.8%), and Other Asia ($131 billion, or 8.6%). Relatedness is a predictive of the probability that a country increases its exports in a product. During the last five reported years the exports of China have changed by $313B from $2.27T in 2013 to $2.59T in 2018.In 2018 China imported $1.61T, making it the number 2 trade destination in the world. Its largest import category is mineral products which represent $403 billion of total imports, a little less than one-third. CHINA IMPORT EXPORT TRADE DATA. Imported ores, slag and ash posted the sole increase in cost among China’s top 10 import categories, up 20.4% from 2018 to 2019.

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china import export