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China Trade Summary

2018

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 2018

Overall Exports and Imports for China 2018

Exports and imports of China in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,486,440 million.
  • The total value of imports (CIF) was 2,133,605 million.
  • At the HS6 digit level, 4,418 products were exported to 214 countries and 4,429 products were imported from 215 countries.

China top 5 Export and Import partners 2018

Top five countries to which China exported in 2018 are below, along with the percent of total exports that went to that country:

  1. China exports to United States worth US$ 479,279 million, with a partner share of 19.28 percent.
  2. China exports to Hong Kong, China worth US$ 301,702 million, with a partner share of 12.13 percent.
  3. China exports to Japan worth US$ 147,049 million, with a partner share of 5.91 percent.
  4. China exports to Korea, Rep. worth US$ 108,756 million, with a partner share of 4.37 percent.
  5. China exports to Vietnam worth US$ 83,877 million, with a partner share of 3.37 percent.

Top five countries from which China imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. China imports from Korea, Rep. worth US$ 204,643 million, with a partner share of 9.59 percent.
  2. China imports from Japan worth US$ 180,661 million, with a partner share of 8.47 percent.
  3. China imports from Other Asia, nes worth US$ 177,615 million, with a partner share of 8.32 percent.
  4. China imports from United States worth US$ 156,016 million, with a partner share of 7.31 percent.
  5. China imports from China worth US$ 146,222 million, with a partner share of 6.85 percent.

China Top 5 Productsexports imports at HS 6 digit level 2018

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 186,152,516.37 (US$ Thousands).
  2. China exported Storage units, whether or not presented with th , worth 95,867,833.31 (US$ Thousands).
  3. China exported Parts and accessories of automatic data process , worth 86,286,169.03 (US$ Thousands).
  4. China exported Monolithic integrated circuits, digital , worth 85,939,624.26 (US$ Thousands).
  5. China exported Parts of electrical apparatus for line telephon , worth 51,822,932.04 (US$ Thousands).

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 312,571,853.59 (US$ Thousands).
  2. China imported Petroleum oils and oils obtained from bituminou , worth 240,380,261.32 (US$ Thousands).
  3. China imported Non-agglomerated iron ores and concentrates , worth 73,562,249.24 (US$ Thousands).
  4. China imported Gold in unwrought forms non-monetary , worth 59,047,674.32 (US$ Thousands).
  5. China imported Parts and accessories of automatic data process , worth 44,295,611.29 (US$ Thousands).

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by China in 2018 are below

  • The maximum rate of tariff in percentage on any product was 695.50 percent.
  • The simple average tariff across all products was 7.56 percent.
  • The trade weighted average tariff was 3.39 .
  • The total duty free imports in thousands of US dollars were 777,099,920.06 and duty free tariff line items share was 25.84 percent.

Development Indicators 2018

Key Development Indicators of China in 2018 are below

  • China GDP in current US dollar was 13,894,907 million.
  • GNI per capita, Atlas method (current US$) was 9,540.00 .
  • China Trade balance: as % of GDP was 0.66.
  • Trade balance in current US$ was 91,487.00 million.
  • Trade as percentage of GDP was 37.57 .
  • Trade in services as percentage of GDP was 5.46 .

Trade Indicators 2018

Trade Indicators for China in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 58.16.
  • World Growth in percentage was 4.91 and China Country Growth was 3.96 .