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China Trade Summary

2019

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 2019

Overall Exports and Imports for China 2019

Exports and imports of China in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,499,207 million.
  • The total value of imports (CIF) was 2,079,285 million.
  • At the HS6 digit level, 4,423 products were exported to 214 countries and 4,423 products were imported from 215 countries.

China top 5 Export and Import partners 2019

Top five countries to which China exported in 2019 are below, along with the percent of total exports that went to that country:

  1. China exports to United States worth US$ 419,323 million, with a partner share of 16.78 percent.
  2. China exports to Hong Kong, China worth US$ 278,825 million, with a partner share of 11.16 percent.
  3. China exports to Japan worth US$ 143,245 million, with a partner share of 5.73 percent.
  4. China exports to Korea, Rep. worth US$ 110,974 million, with a partner share of 4.44 percent.
  5. China exports to Vietnam worth US$ 97,869 million, with a partner share of 3.92 percent.

Top five countries from which China imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. China imports from Korea, Rep. worth US$ 173,559 million, with a partner share of 8.35 percent.
  2. China imports from Other Asia, nes worth US$ 173,014 million, with a partner share of 8.32 percent.
  3. China imports from Japan worth US$ 171,769 million, with a partner share of 8.26 percent.
  4. China imports from China worth US$ 129,792 million, with a partner share of 6.24 percent.
  5. China imports from United States worth US$ 123,792 million, with a partner share of 5.95 percent.

China Top 5 Productsexports imports at HS 6 digit level 2019

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 174,313,625.18 (US$ Thousands).
  2. China exported Monolithic integrated circuits, digital , worth 102,948,003.58 (US$ Thousands).
  3. China exported Storage units, whether or not presented with th , worth 95,667,839.67 (US$ Thousands).
  4. China exported Parts and accessories of automatic data process , worth 72,483,717.92 (US$ Thousands).
  5. China exported Parts of electrical apparatus for line telephon , worth 47,854,228.19 (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 305,938,568.93 (US$ Thousands).
  2. China imported Petroleum oils and oils obtained from bituminou , worth 242,384,862.77 (US$ Thousands).
  3. China imported Non-agglomerated iron ores and concentrates , worth 97,352,694.15 (US$ Thousands).
  4. China imported Parts and accessories of automatic data process , worth 45,452,034.37 (US$ Thousands).
  5. China imported Gold in unwrought forms non-monetary , worth 41,085,121.37 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by China in 2019 are below

  • The maximum rate of tariff in percentage on any product was 65 percent.
  • The simple average tariff across all products was 5.39 percent.
  • The trade weighted average tariff was 2.53 .
  • The total duty free imports in thousands of US dollars were 950,637,355.47 and duty free tariff line items share was 30.04 percent.

Development Indicators 2019

Key Development Indicators of China in 2019 are below

  • China GDP in current US dollar was 14,279,968 million.
  • GNI per capita, Atlas method (current US$) was 10,310.00 .
  • China Trade balance: as % of GDP was 0.93.
  • Trade balance in current US$ was 132,788.00 million.
  • Trade as percentage of GDP was 35.89 .
  • Trade in services as percentage of GDP was 5.25 .

Trade Indicators 2019

Trade Indicators for China in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 57.94.
  • World Growth in percentage was -1.34 and China Country Growth was -1.79 .