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China Trade Summary

2008

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 2008

Overall Exports and Imports for China 2008

Exports and imports of China in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,430,693 million.
  • The total value of imports (CIF) was 1,132,562 million.
  • At the HS6 digit level, 4,453 products were exported to 212 countries and 4,502 products were imported from 203 countries.

China top 5 Export and Import partners 2008

Top five countries to which China exported in 2008 are below, along with the percent of total exports that went to that country:

  1. China exports to United States worth US$ 252,844 million, with a partner share of 17.67 percent.
  2. China exports to Hong Kong, China worth US$ 190,729 million, with a partner share of 13.33 percent.
  3. China exports to Japan worth US$ 116,132 million, with a partner share of 8.12 percent.
  4. China exports to Korea, Rep. worth US$ 73,932 million, with a partner share of 5.17 percent.
  5. China exports to Germany worth US$ 59,209 million, with a partner share of 4.14 percent.

Top five countries from which China imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. China imports from Japan worth US$ 150,600 million, with a partner share of 13.30 percent.
  2. China imports from Korea, Rep. worth US$ 112,138 million, with a partner share of 9.90 percent.
  3. China imports from Other Asia, nes worth US$ 103,338 million, with a partner share of 9.12 percent.
  4. China imports from China worth US$ 92,461 million, with a partner share of 8.16 percent.
  5. China imports from United States worth US$ 81,586 million, with a partner share of 7.20 percent.

China Top 5 Productsexports imports at HS 6 digit level 2008

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 75,028,157.16 (US$ Thousands).
  2. China exported Transmission apparatus, for radioteleph incorpo , worth 38,932,742.40 (US$ Thousands).
  3. China exported Parts and accessories of automatic data process , worth 31,455,750.99 (US$ Thousands).
  4. China exported Parts of electrical apparatus for line telephon , worth 24,565,852.76 (US$ Thousands).
  5. China exported Optical devices, appliances and instruments, ne , worth 22,656,243.74 (US$ Thousands).

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

  1. China imported Petroleum oils and oils obtained from bituminou , worth 129,330,933.23 (US$ Thousands).
  2. China imported Monolithic integrated circuits, digital , worth 107,404,988.23 (US$ Thousands).
  3. China imported Non-agglomerated iron ores and concentrates , worth 57,069,519.72 (US$ Thousands).
  4. China imported Optical devices, appliances and instruments, ne , worth 45,041,488.19 (US$ Thousands).
  5. China imported Petroleum oils, etc, (excl. crude); preparation , worth 30,174,147.59 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by China in 2008 are below

  • The maximum rate of tariff in percentage on any product was 2,500.25 percent.
  • The simple average tariff across all products was 8.70 percent.
  • The trade weighted average tariff was 4.47 .
  • The total duty free imports in thousands of US dollars were 542,299,112.03 and duty free tariff line items share was 15.30 percent.

Development Indicators 2008

Key Development Indicators of China in 2008 are below

  • China GDP in current US dollar was 4,594,337 million.
  • GNI per capita, Atlas method (current US$) was 3,100.00 .
  • China Trade balance: as % of GDP was 7.59.
  • Trade balance in current US$ was 348,835.00 million.
  • Trade as percentage of GDP was 57.61 .
  • Trade in services as percentage of GDP was 7.01 .

Trade Indicators 2008

Trade Indicators for China in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 51.27.
  • World Growth in percentage was -59.29 and China Country Growth was -57.91 .