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China Trade Summary

2022

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 2022

Overall Exports and Imports for China 2022

Exports and imports of China in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,593,601 million.
  • The total value of imports (CIF) was 2,715,998 million.
  • At the HS6 digit level, 4,375 products were exported to 214 countries and 4,345 products were imported from 215 countries.

China top 5 Export and Import partners 2022

Top five countries to which China exported in 2022 are below, along with the percent of total exports that went to that country:

  1. China exports to United States worth US$ 582,756 million, with a partner share of 16.22 percent.
  2. China exports to Hong Kong, China worth US$ 297,538 million, with a partner share of 8.28 percent.
  3. China exports to Japan worth US$ 172,927 million, with a partner share of 4.81 percent.
  4. China exports to Korea, Rep. worth US$ 162,621 million, with a partner share of 4.53 percent.
  5. China exports to Vietnam worth US$ 146,960 million, with a partner share of 4.09 percent.

Top five countries from which China imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. China imports from Other Asia, nes worth US$ 238,092 million, with a partner share of 8.77 percent.
  2. China imports from Korea, Rep. worth US$ 199,667 million, with a partner share of 7.35 percent.
  3. China imports from Japan worth US$ 184,497 million, with a partner share of 6.79 percent.
  4. China imports from United States worth US$ 178,957 million, with a partner share of 6.59 percent.
  5. China imports from Australia worth US$ 142,091 million, with a partner share of 5.23 percent.

China Top 5 Productsexports imports at HS 6 digit level 2022

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 236,018,395.27 (US$ Thousands).
  2. China exported Monolithic integrated circuits, digital , worth 153,920,157.59 (US$ Thousands).
  3. China exported Storage units, whether or not presented with th , worth 127,763,882.10 (US$ Thousands).
  4. China exported Parts and accessories of automatic data process , worth 77,618,314.62 (US$ Thousands).
  5. China exported Electric accumulators, nes , worth 51,562,028.94 (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 415,578,987.86 (US$ Thousands).
  2. China imported Petroleum oils and oils obtained from bituminou , worth 365,512,019.55 (US$ Thousands).
  3. China imported Non-agglomerated iron ores and concentrates , worth 125,476,255.33 (US$ Thousands).
  4. China imported Gold in unwrought forms non-monetary , worth 75,714,664.29 (US$ Thousands).
  5. China imported Soya beans , worth 61,235,992.82 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by China in 2022 are below

  • The maximum rate of tariff in percentage on any product was 279.73 percent.
  • The simple average tariff across all products was 6.61 percent.
  • The trade weighted average tariff was 3.07 .
  • The total duty free imports in thousands of US dollars were 1,472,737,383.95 and duty free tariff line items share was 16.96 percent.

Development Indicators 2022

Key Development Indicators of China in 2022 are below

  • China GDP in current US dollar was 17,963,171 million.
  • GNI per capita, Atlas method (current US$) was 12,850.00 .
  • China Trade balance: as % of GDP was 3.21.
  • Trade balance in current US$ was 576,651.00 million.
  • Trade as percentage of GDP was 38.14 .
  • Trade in services as percentage of GDP was 4.62 .

Trade Indicators 2022

Trade Indicators for China in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 52.91.
  • World Growth in percentage was 5.18 and China Country Growth was 2.01 .