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China Trade Summary

2016

China exports, imports, tariff by year.
China monthly trade data
China quarterly trade data

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 2016

Overall Exports and Imports for China 2016

Exports and imports of China in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,097,637 million.
  • The total value of imports (CIF) was 1,587,921 million.
  • At the HS6 digit level, 4,417 products were exported to 213 countries and 4,456 products were imported from 212 countries.

China top 5 Export and Import partners 2016

Top five countries to which China exported in 2016 are below, along with the percent of total exports that went to that country:

  1. China exports to United States worth US$ 385,678 million, with a partner share of 18.39 percent.
  2. China exports to Hong Kong, China worth US$ 287,252 million, with a partner share of 13.69 percent.
  3. China exports to Japan worth US$ 129,268 million, with a partner share of 6.16 percent.
  4. China exports to Korea, Rep. worth US$ 93,707 million, with a partner share of 4.47 percent.
  5. China exports to Germany worth US$ 65,214 million, with a partner share of 3.11 percent.

Top five countries from which China imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. China imports from Korea, Rep. worth US$ 158,975 million, with a partner share of 10.01 percent.
  2. China imports from Japan worth US$ 145,671 million, with a partner share of 9.17 percent.
  3. China imports from Other Asia, nes worth US$ 138,847 million, with a partner share of 8.74 percent.
  4. China imports from United States worth US$ 135,120 million, with a partner share of 8.51 percent.
  5. China imports from Unspecified worth US$ 129,088 million, with a partner share of 8.13 percent.

China Top 5 Productsexports imports at HS 6 digit level 2016

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$ 116,102,550.13 million.
  2. China exported Digital auto data process mach cntg in the same , worth US$ 81,582,535.60 million.
  3. China exported Monolithic integrated circuits, nes , worth US$ 60,884,154.52 million.
  4. China exported Parts of electrical apparatus for line telephon , worth US$ 48,320,066.13 million.
  5. China exported Telegraphic apparatus, nes , worth US$ 32,626,852.41 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, nes , worth US$ 226,928,832.56 million.
  2. China imported Petroleum oils and oils obtained from bituminou , worth US$ 116,660,748.44 million.
  3. China imported Gold in unwrought forms non-monetary , worth US$ 60,601,570.31 million.
  4. China imported Non-agglomerated iron ores and concentrates , worth US$ 56,865,611.55 million.
  5. China imported Parts of electrical apparatus for line telephon , worth US$ 38,202,550.45 million.

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by China in 2016 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 7.88 percent.
  • The trade weighted average tariff was 3.54 .
  • The total duty free imports in thousands of US dollars were 835,910,293.59 and duty free tariff line items share was 25.51 percent.

Development Indicators 2016

Key Development Indicators of China in 2016 are below

  • China GDP in current US dollar was 11,190,993 million.
  • GNI per capita, Atlas method (current US$) was 8,250.00 .
  • China Trade balance: as % of GDP was 2.28.
  • Trade balance in current US$ was 255,483.00 million.
  • Trade as percentage of GDP was 37.03 .
  • Trade in services as percentage of GDP was 5.81 .

Trade Indicators 2016

Trade Indicators for China in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 50.89.
  • World Growth in percentage was -1.59 and China Country Growth was -4.44 .