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China Trade Summary

2016 Data

China exports, imports, tariff by year.

Country / Region
Year
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Imports/Exports

Products

TRADE SUMMARY FOR China

Overall Exports and Imports

Exportsmore »
Definition Total Import/Export Value in thousands of US Dollars current value.
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Valuation Export - FOB; Import - CIF
Currency Unit US Dollar - Current value
Last Updated Oct-16-2017
Exports (in US$ Mil): 		2,097,637
Definition Total number of products exported by a country at the Harmonized System six digit level in any given year.
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Notes 1) All traded products at HS 6 digits are considered for this computation.
Last Updated Oct-16-2017
No. Of products: 		4,417
Definition Number of countries to whom a particular country exports data in any given year.
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Notes 1) Product 'Total' is used for this computation.
Last Updated Oct-16-2017
No. Of partners: 		213
Importsmore »
Definition Total Import/Export Value in thousands of US Dollars current value.
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Valuation Export - FOB; Import - CIF
Currency Unit US Dollar - Current value
Last Updated Oct-16-2017
Imports (in US$ Mil): 		1,587,921
Definition Total number of products imported by a country at the Harmonized System (HS) six digit level in any given year.
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Notes 1) All traded products at HS 6 digits are considered for this computation.
Last Updated Oct-16-2017
No. Of products: 		4,456
Definition Number of countries from which a particular country imports data in any given year.
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Notes 1) Product 'Total' is used for this computation.
Last Updated Oct-16-2017
No. Of partners: 		212

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Product Code 852520
Product Name Transmission apparatus, for radioteleph incorpo
Data Source UN Comtrade
Transmission apparat ...		116,102,550.13
Product Code 847120
Product Name Digital auto data process mach cntg in the same
Data Source UN Comtrade
Digital auto data pr ...		81,582,535.60
Product Code 854219
Product Name Monolithic integrated circuits, nes
Data Source UN Comtrade
Monolithic integrate ...		60,884,154.52
Product Code 851790
Product Name Parts of electrical apparatus for line telephon
Data Source UN Comtrade
Parts of electrical ...		48,320,066.13
Product Code 851782
Product Name Telegraphic apparatus, nes
Data Source UN Comtrade
Telegraphic apparatu ...		32,626,852.41
Imports (US$ Thousands)
Product Code 854219
Product Name Monolithic integrated circuits, nes
Data Source UN Comtrade
Monolithic integrate ...		226,928,832.56
Product Code 270900
Product Name Petroleum oils and oils obtained from bituminou
Data Source UN Comtrade
Petroleum oils and o ...		116,660,748.44
Product Code 710812
Product Name Gold in unwrought forms non-monetary
Data Source UN Comtrade
Gold in unwrought fo ...		60,601,570.31
Product Code 260111
Product Name Non-agglomerated iron ores and concentrates
Data Source UN Comtrade
Non-agglomerated iro ...		56,865,611.55
Product Code 851790
Product Name Parts of electrical apparatus for line telephon
Data Source UN Comtrade
Parts of electrical ...		38,202,550.45

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States385,678 18.39
Hong Kong, China287,252 13.69
Japan129,268 6.16
Korea, Rep.93,707 4.47
Germany65,214 3.11
Exporter Trade (US$ Mil) Partner share(%)
Korea, Rep.158,975 10.01
Japan145,671 9.17
Other Asia, nes138,847 8.74
United States135,120 8.51
Unspecified129,088 8.13

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials38,251 1.82 339,278 21.37 1.42
Intermediate goods342,022 16.31 357,957 22.54 3.29
Consumer goods785,489 37.45 201,659 12.70 10.76
Capital goods927,319 44.21 676,116 42.58 2.37

Trade Indicators

more »
Definition Hirschman Herfindahl index is a measure of the dispersion of trade value across an exporter’s partners. A country with trade (export or import) that is concentrated in a very few markets will have an index value close to 1. Similarly, a country with a perfectly diversified trade portfolio will have an index close to zero.
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Valuation Export - FOB; Import - CIF
Currency Unit
Notes 1) Mirror Exports is considered for export data 2) All Countries except World and EUN are considered as partner group 3) Product 'Total' is used for this computation 4) The indicator is computed at reporter-partner level and aggregated to reporter level
Last Updated Oct-16-2017
HH Market concentration index: 		0.08
Definition It is calculated as the number of countries to which the reporter exports a particular product divided by the number of countries that report importing the product that year.
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Valuation Export - FOB; Import - CIF
Currency Unit
Notes 1) Mirror Exports is considered for export data 2) All products at HS 6 digits are considered 3) Computation is performed at Country-Product level and aggregated to country level
Last Updated Oct-16-2017
Index of export market penetration: 		42.57
Definition Annual percentage growth rate of the world’s trade value (export or import), by sector, at market prices in current U.S. dollars
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Valuation Export - FOB; Import - CIF
Currency Unit
Notes 1) Mirror Exports is considered 2)Growth for a given year is computed with respect to the previous year
Last Updated Oct-16-2017
World Growth: 		-4.43
Definition Annual percentage growth rate of the country’s trade value (export or import), by sector, at market prices in current U.S. dollars
Source WITS - UNSD Comtrade
Classification Harmonized System 1988/92, SITC Revision 2
Valuation Export - FOB; Import - CIF
Currency Unit
Notes 1) Mirror Exports is considered 2)Growth for a given year is computed with respect to the previous year
Last Updated Oct-16-2017
Country Growth: 		-7.85

Tariffs

more »
Source WITS - UNCTAD TRAINS
Classification Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes
Last Updated Oct-16-2017
No Of Tariff Agreement: 		24
Definition Effectively Applied MaxRate (%) tariff; The highest tariff value at the tariff line level within the product category
Source WITS - UNCTAD TRAINS
Classification Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated Oct-16-2017
Maximum Rate (%): 		3,000
Definition Effectively Applied Simple Average tariff (%)
Source WITS - UNCTAD TRAINS
Classification Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated Oct-16-2017
Simple Average (%): 		7.88
Definition Effectively Applied Weighted Average (%) tariff; The average of tariffs weighted by their corresponding trade value
Source WITS - UNCTAD TRAINS
Classification Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated Oct-16-2017
Weighted Average (%): 		3.54
Definition Effectively Applied Duty Free Imports in thousands of US Dollar
Source WITS - UNCTAD TRAINS
Classification Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated Oct-16-2017
Duty Free Imports (US$ Thousand): 		835,910,293.59
Definition Effectively Applied Duty Free Tariff Lines Share in percentage
Source WITS - UNCTAD TRAINS
Classification Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes 1) Tariff_AHS_DutyFreeLines]*100/[Tariff_AHS_TotalLines] 2) Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated Oct-16-2017
Duty Free Tariff Lines Share (%): 		25.51

Development Indicators

more »
Definition GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Source WDI
Topic Economic Policy & Debt: National accounts: US$ at current prices: Aggregate indicators
Last Updated Oct-17-2017
GDP (current US$): 		11,199,145
Definition GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.
Source WDI
Topic Economic Policy & Debt: National accounts: Atlas GNI & GNI per capita
Last Updated Oct-17-2017
GNI per capita, Atlas method (current US$): 		8,260.00
Definition Difference between Exports of goods and services (% of GDP) and Imports of goods and services (% of GDP)
Source WITS - WDI
Notes Indicator codes: NE.EXP.GNFS.ZS, NE.IMP.GNFS.ZS
Last Updated Apr-27-2017
Trade Balance (% of GDP): 		2.23
Definition Difference between Exports of goods and services (current US$) and Imports of goods and services (current US$)
Source WITS - WDI
Notes Indicator codes: NE.EXP.GNFS.CD, NE.IMP.GNFS.CD
Last Updated Apr-27-2017
Trade Balance (current US$ Mil): 		249,601.00
Definition Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.
Source WDI
Topic Economic Policy & Debt: Balance of payments: Current account: Goods, services & income
Last Updated Oct-17-2017
Trade in services (% of GDP): 		5.90
Definition Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
Source WDI
Topic Economic Policy & Debt: National accounts: Shares of GDP & other
Last Updated Oct-17-2017
Trade (% of GDP): 		37.06