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CHN TA (WORLDBANK.ORG) Trade Summary

2021

CHN TA (WORLDBANK.ORG) exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR CHN TA (WORLDBANK.ORG) 2021

Overall Exports and Imports for CHN TA (WORLDBANK.ORG) 2021

Exports and imports of CHN TA (WORLDBANK.ORG) in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,362,302 million.
  • The total value of imports (CIF) was 2,684,363 million.
  • At the HS6 digit level, 4,398 products were exported to 214 countries and 4,391 products were imported from 215 countries.

CHN TA (WORLDBANK.ORG) top 5 Export and Import partners 2021

Top five countries to which CHN TA (WORLDBANK.ORG) exported in 2021 are below, along with the percent of total exports that went to that country:

  1. CHN TA (WORLDBANK.ORG) exports to United States worth US$ 577,125 million, with a partner share of 17.16 percent.
  2. CHN TA (WORLDBANK.ORG) exports to Hong Kong, China worth US$ 349,442 million, with a partner share of 10.39 percent.
  3. CHN TA (WORLDBANK.ORG) exports to Japan worth US$ 165,823 million, with a partner share of 4.93 percent.
  4. CHN TA (WORLDBANK.ORG) exports to Korea, Rep. worth US$ 148,847 million, with a partner share of 4.43 percent.
  5. CHN TA (WORLDBANK.ORG) exports to Vietnam worth US$ 137,905 million, with a partner share of 4.10 percent.

Top five countries from which CHN TA (WORLDBANK.ORG) imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. CHN TA (WORLDBANK.ORG) imports from Other Asia, nes worth US$ 249,877 million, with a partner share of 9.31 percent.
  2. CHN TA (WORLDBANK.ORG) imports from Korea, Rep. worth US$ 213,445 million, with a partner share of 7.95 percent.
  3. CHN TA (WORLDBANK.ORG) imports from Japan worth US$ 205,524 million, with a partner share of 7.66 percent.
  4. CHN TA (WORLDBANK.ORG) imports from United States worth US$ 180,972 million, with a partner share of 6.74 percent.
  5. CHN TA (WORLDBANK.ORG) imports from Australia worth US$ 163,730 million, with a partner share of 6.10 percent.

CHN TA (WORLDBANK.ORG) Top 5 Productsexports imports at HS 6 digit level 2021

The top five exported HS 6 digit level products to world by CHN TA (WORLDBANK.ORG) along with trade value are:

  1. CHN TA (WORLDBANK.ORG) exported Transmission apparatus, for radioteleph incorpo , worth 201,248,213.21 (US$ Thousands).
  2. CHN TA (WORLDBANK.ORG) exported Monolithic integrated circuits, digital , worth 155,167,533.56 (US$ Thousands).
  3. CHN TA (WORLDBANK.ORG) exported Storage units, whether or not presented with th , worth 138,993,507.94 (US$ Thousands).
  4. CHN TA (WORLDBANK.ORG) exported Parts and accessories of automatic data process , worth 85,923,089.36 (US$ Thousands).
  5. CHN TA (WORLDBANK.ORG) exported Parts of electrical apparatus for line telephon , worth 54,591,924.23 (US$ Thousands).

The top five imported HS 6 digit level products from world by CHN TA (WORLDBANK.ORG) along with trade value are

  1. CHN TA (WORLDBANK.ORG) imported Monolithic integrated circuits, digital , worth 432,886,761.57 (US$ Thousands).
  2. CHN TA (WORLDBANK.ORG) imported Petroleum oils and oils obtained from bituminou , worth 258,053,154.59 (US$ Thousands).
  3. CHN TA (WORLDBANK.ORG) imported Non-agglomerated iron ores and concentrates , worth 177,711,834.52 (US$ Thousands).
  4. CHN TA (WORLDBANK.ORG) imported Parts and accessories of automatic data process , worth 58,471,393.22 (US$ Thousands).
  5. CHN TA (WORLDBANK.ORG) imported Copper ores and concentrates , worth 56,805,657.63 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by CHN TA (WORLDBANK.ORG) in 2021 are below

  • The maximum rate of tariff in percentage on any product was 337.16 percent.
  • The simple average tariff across all products was 5.31 percent.
  • The trade weighted average tariff was 2.31 .
  • The total duty free imports in thousands of US dollars were 1,304,744,310.09 and duty free tariff line items share was 30.81 percent.

Development Indicators 2021

Key Development Indicators of CHN TA (WORLDBANK.ORG) in 2021 are below

  • CHN TA (WORLDBANK.ORG) GDP in current US dollar was 17,820,459 million.
  • GNI per capita, Atlas method (current US$) was 11,930.00 .
  • CHN TA (WORLDBANK.ORG) Trade balance: as % of GDP was 2.59.
  • Trade balance in current US$ was 460,829.00 million.
  • Trade as percentage of GDP was 37.30 .
  • Trade in services as percentage of GDP was 4.38 .

Trade Indicators 2021

Trade Indicators for CHN TA (WORLDBANK.ORG) in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 54.49.
  • World Growth in percentage was 12.59 and CHN TA (WORLDBANK.ORG) Country Growth was 12.13 .