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China Trade Summary

2014

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 2014

Overall Exports and Imports for China 2014

Exports and imports of China in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,342,293 million.
  • The total value of imports (CIF) was 1,959,235 million.
  • At the HS6 digit level, 4,427 products were exported to 213 countries and 4,453 products were imported from 212 countries.

China top 5 Export and Import partners 2014

Top five countries to which China exported in 2014 are below, along with the percent of total exports that went to that country:

  1. China exports to United States worth US$ 397,099 million, with a partner share of 16.95 percent.
  2. China exports to Hong Kong, China worth US$ 363,077 million, with a partner share of 15.50 percent.
  3. China exports to Japan worth US$ 149,391 million, with a partner share of 6.38 percent.
  4. China exports to Korea, Rep. worth US$ 100,333 million, with a partner share of 4.28 percent.
  5. China exports to Germany worth US$ 72,703 million, with a partner share of 3.10 percent.

Top five countries from which China imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. China imports from Korea, Rep. worth US$ 190,109 million, with a partner share of 9.70 percent.
  2. China imports from Japan worth US$ 162,921 million, with a partner share of 8.32 percent.
  3. China imports from United States worth US$ 160,065 million, with a partner share of 8.17 percent.
  4. China imports from Other Asia, nes worth US$ 152,007 million, with a partner share of 7.76 percent.
  5. China imports from China worth US$ 144,880 million, with a partner share of 7.39 percent.

China Top 5 Productsexports imports at HS 6 digit level 2014

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

  1. China exported Transmission apparatus, for radioteleph incorpo , worth US$ 115,926,906.09 million.
  2. China exported Digital auto data process mach cntg in the same , worth US$ 112,587,712.76 million.
  3. China exported Monolithic integrated circuits, nes , worth US$ 60,865,584.64 million.
  4. China exported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 47,589,876.93 million.
  5. China exported Parts of electrical apparatus for line telephon , worth US$ 45,105,066.47 million.

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 US$ 228,288,472.08 million.
  2. China imported Monolithic integrated circuits, nes , worth US$ 217,611,798.21 million.
  3. China imported Non-agglomerated iron ores and concentrates , worth US$ 90,751,175.97 million.
  4. China imported Automobiles with reciprocating piston engine di , worth US$ 48,735,349.21 million.
  5. China imported Optical devices, appliances and instruments, ne , worth US$ 44,173,506.77 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by China in 2014 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 7.74 percent.
  • The trade weighted average tariff was 4.74 .
  • The total duty free imports in thousands of US dollars were 1,016,208,099.55 and duty free tariff line items share was 24.80 percent.

Development Indicators 2014

Key Development Indicators of China in 2014 are below

  • China GDP in current US dollar was 10,438,529 million.
  • GNI per capita, Atlas method (current US$) was 7,500.00 .
  • China Trade balance: as % of GDP was 2.12.
  • Trade balance in current US$ was 221,551.00 million.
  • Trade as percentage of GDP was 45.07 .
  • Trade in services as percentage of GDP was 6.25 .

Trade Indicators 2014

Trade Indicators for China in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 53.80.
  • World Growth in percentage was 0.12 and China Country Growth was 2.70 .