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China Trade Summary

2007

China 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 CHINA 2007

Overall Exports and Imports for China 2007

Exports and imports of China in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,220,060 million.
  • The total value of imports (CIF) was 956,115 million.
  • At the HS6 digit level, 4,492 products were exported to 213 countries and 4,515 products were imported from 206 countries.

China top 5 Export and Import partners 2007

Top five countries to which China exported in 2007 are below, along with the percent of total exports that went to that country:

  1. China exports to United States worth US$ 233,169 million, with a partner share of 19.11 percent.
  2. China exports to Hong Kong, China worth US$ 184,438 million, with a partner share of 15.12 percent.
  3. China exports to Japan worth US$ 102,062 million, with a partner share of 8.37 percent.
  4. China exports to Korea, Rep. worth US$ 56,432 million, with a partner share of 4.63 percent.
  5. China exports to Germany worth US$ 48,744 million, with a partner share of 4.00 percent.

Top five countries from which China imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. China imports from Japan worth US$ 133,951 million, with a partner share of 14.01 percent.
  2. China imports from Korea, Rep. worth US$ 103,752 million, with a partner share of 10.85 percent.
  3. China imports from Other Asia, nes worth US$ 101,028 million, with a partner share of 10.57 percent.
  4. China imports from China worth US$ 85,773 million, with a partner share of 8.97 percent.
  5. China imports from United States worth US$ 69,548 million, with a partner share of 7.27 percent.

China Top 5 Productsexports imports at HS 6 digit level 2007

The top five exported HS 6 digit level products to world by China along with trade value are:

  1. China exported Digital auto data process mach cntg in the same , worth US$ 66,678,372.72 million.
  2. China exported Transmission apparatus, for radioteleph incorpo , worth US$ 36,117,130.10 million.
  3. China exported Parts and accessories of automatic data process , worth US$ 32,330,271.57 million.
  4. China exported Input or output units, whether or not presented , worth US$ 21,587,571.89 million.
  5. China exported Monolithic integrated circuits, digital , worth US$ 21,350,259.25 million.

The top five imported HS 6 digit level products from world by China along with trade value are

  1. China imported Monolithic integrated circuits, digital , worth US$ 108,435,375.39 million.
  2. China imported Petroleum oils and oils obtained from bituminou , worth US$ 79,858,328.66 million.
  3. China imported Optical devices, appliances and instruments, ne , worth US$ 41,947,659.46 million.
  4. China imported Non-agglomerated iron ores and concentrates , worth US$ 30,937,515.23 million.
  5. China imported Monolithic integrated circuits, nes , worth US$ 19,465,806.91 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by China in 2007 are below

  • The maximum rate of tariff in percentage on any product was 2,490.48 percent.
  • The simple average tariff across all products was 8.93 percent.
  • The trade weighted average tariff was 5.07 .
  • The total duty free imports in thousands of US dollars were 418,952,309.62 and duty free tariff line items share was 14.34 percent.

Development Indicators 2007

Key Development Indicators of China in 2007 are below

  • China GDP in current US dollar was 3,550,342 million.
  • GNI per capita, Atlas method (current US$) was 2,510.00 .
  • China Trade balance: as % of GDP was 8.68.
  • Trade balance in current US$ was 308,036.00 million.
  • Trade as percentage of GDP was 62.19 .
  • Trade in services as percentage of GDP was 7.17 .

Trade Indicators 2007

Trade Indicators for China in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 51.01.
  • World Growth in percentage was 7.16 and China Country Growth was 9.91 .