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China Trade Summary

2017

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 2017

Overall Exports and Imports for China 2017

Exports and imports of China in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,263,371 million.
  • The total value of imports (CIF) was 1,843,793 million.
  • At the HS6 digit level, 4,409 products were exported to 214 countries and 4,433 products were imported from 215 countries.

China top 5 Export and Import partners 2017

Top five countries to which China exported in 2017 are below, along with the percent of total exports that went to that country:

  1. China exports to United States worth US$ 430,328 million, with a partner share of 19.01 percent.
  2. China exports to Hong Kong, China worth US$ 279,211 million, with a partner share of 12.34 percent.
  3. China exports to Japan worth US$ 137,259 million, with a partner share of 6.06 percent.
  4. China exports to Korea, Rep. worth US$ 102,704 million, with a partner share of 4.54 percent.
  5. China exports to Vietnam worth US$ 71,617 million, with a partner share of 3.16 percent.

Top five countries from which China imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. China imports from Korea, Rep. worth US$ 177,553 million, with a partner share of 9.63 percent.
  2. China imports from Japan worth US$ 165,794 million, with a partner share of 8.99 percent.
  3. China imports from Other Asia, nes worth US$ 155,961 million, with a partner share of 8.46 percent.
  4. China imports from United States worth US$ 154,442 million, with a partner share of 8.38 percent.
  5. China imports from China worth US$ 132,369 million, with a partner share of 7.18 percent.

China Top 5 Productsexports imports at HS 6 digit level 2017

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$ 165,991,555.66 million.
  2. China exported Storage units, whether or not presented with th , worth US$ 89,690,331.45 million.
  3. China exported Parts and accessories of automatic data process , worth US$ 74,102,011.77 million.
  4. China exported Monolithic integrated circuits, digital , worth US$ 68,167,379.33 million.
  5. China exported Parts of electrical apparatus for line telephon , worth US$ 51,057,293.86 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, digital , worth US$ 260,920,122.76 million.
  2. China imported Petroleum oils and oils obtained from bituminou , worth US$ 163,820,666.92 million.
  3. China imported Non-agglomerated iron ores and concentrates , worth US$ 74,604,641.21 million.
  4. China imported Gold in unwrought forms non-monetary , worth US$ 48,740,696.98 million.
  5. China imported Parts of electrical apparatus for line telephon , worth US$ 41,293,629.45 million.

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by China in 2017 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 8.46 percent.
  • The trade weighted average tariff was 3.83 .
  • The total duty free imports in thousands of US dollars were 537,245,783.87 and duty free tariff line items share was 20.51 percent.

Development Indicators 2017

Key Development Indicators of China in 2017 are below

  • China GDP in current US dollar was 12,237,700 million.
  • GNI per capita, Atlas method (current US$) was 8,690.00 .
  • China Trade balance: as % of GDP was 1.71.
  • Trade balance in current US$ was 209,431.00 million.
  • Trade as percentage of GDP was 37.80 .
  • Trade in services as percentage of GDP was 5.54 .

Trade Indicators 2017

Trade Indicators for China in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 44.29.
  • World Growth in percentage was 1.50 and China Country Growth was 2.43 .