China's huge export industry has suffered its worst month in three years, hurt by the trade war with the United States and a slowing global economy. Learn more about how Statista can support your business. China Import and Export Regulations 2020 If you want to ship things into or out of China, you need to be aware that some items are not allowed into or exported from China under any circumstances. Sign up for free newsletters and get more CNBC delivered to your inbox. 2020-02-29 Global Business and Financial News, Stock Quotes, and Market Data and Analysis. China Exports by Country Last Previous; United States 51976600.00 43830400.00 USD THO: Nov/20: European Union 45278100.00 40132200.00 USD THO: Feb/20: Hong Kong 29884700.00 25056300.00 USD THO: Nov/20 Chinese imports, meanwhile, dropped 5.6% in the same period. A Division of NBCUniversal. As a Premium user you get access to the detailed source references and background information about this statistic. The volume of China’s 2019 steel exports was almost … China exports for 2019 was $2,641.27B, a 0.54% decline from 2018. In macroeconomic terms, China’s total exported goods represent 9.1% of its overall Gross Domestic Product for 2019 ($27.309 trillion … China export data and statistics reveal that the Chinese exports totalled USD 2.4 billion in 2019, a modest 0.2 increase from 2018. A spokesman from the Chinese customs said the country's trade frictions with the U.S. has affected its export and import activity, Reuters reported on Monday. 2020-05-29 China Eximbank Issued 23 Special Measures to Fully Support Epidemic Control and Work Resumption in Hubei Province. Trump said that deal will involve China purchasing $40 billion to $50 billion worth of American farm products, and address concerns such as intellectual property theft and currency manipulation. Please contact us to get started with full access to dossiers, forecasts, studies and international data. We want to hear from you. Then you can access your favorite statistics via the star in the header. China’s exports represented about 15 percent of all steel exported globally in 2019. This indicated approximately 3.4 percent growth compared to … In 2018, the United States exported $118.3 billion in goods to China, compared with an all-time high $127. China has seen a strong flower market in 2019, regarding both import and export. As a Premium user you get access to background information and details about the release of this statistic. The largest export category is machines, specifically electronics, which represent almost half … Automatic data processing machines, textiles, and mobile phones were among China’s top … Please authenticate by going to "My account" → "Administration". China's huge export industry just suffered its worst month in two years but still managed to rack up a record trade surplus with the United States in 2018 despite new tariffs. facts. In 2019, the total volume of the import and export of goods reached 31.54 trillion yuan, a year-on-year increase of 3.4%. Then you will be able to mark statistics as favourites and use personal statistics alerts. The Chinese economy — the second largest in the world — is growing at a slower pace amid the protracted trade battle between Beijing and Washington. The country's overall trade surplus for last month was forecast to be $33.3 billion, according to the Reuters poll. New, Everything you need to know about the industry development, Find studies from all around the internet. Customs duties include import and export duties, with a total of 8,549 items taxed, according to China’s 2019 Customs Tariff Implementation Plan (“2019 Tariff Plan”). The top 5 exporting provinces in descending order are Fujian, Yunnan, Guangdong, Zhejiang, and Guangxi In addition, China may reportedly commit to purchase additional US goods worth more than $1 trillion over the next six years. Goods exports grew up by $ 4.33 billion in 2019 (the value of merchandise exports from China amounted to $2.49 trillion in 2018) Starting January 1, 2019, China has further adjusted parts of its customs duties, including MFN duty rates, temporary duty rates, conventional duty rates, etc., covering agricultural, medical, manufacturing, and information technology industries. China is also the largest trading country in the world. China exports for 2018 was $2,655.59B, a 9.55% increase from 2017. A partial rebound in headline import growth is therefore likely in the near term.". Between August 2019 and August 2020 the exports of China have decreased by $-8.32B (-4.41%) from $189B to $180B, while imports decreased by $-21.5B ( … You only have access to basic statistics. A Chinese flag is seen in front of containers at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on April 9, 2018. shipments to the U.S. slowed down sharply. Note: 1 yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of February 2020). Here are the latest data released by the China Customs. Export Data. Martin Lynge Rasmussen, China economist at consultancy Capital Economics, said exports out of the world's second-largest economy would take time to recover. Are you interested in testing our corporate solutions? Merchandise exports from China increased by 0.173% compared to 2018. - the value of … The ideal entry-level account for individual users. In US dollar terms, China’s exports grew by 7.6 per cent in … Economists polled by Reuters had expected Chinese exports to fall by 3% and imports to decline 5.2% in September compared to a year ago. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. China’s U.S. dollar-denominated exports fell 3.2% in September from a year ago, while imports dropped 8.5% during the same period, Reuters reported on … The updated com… Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook "Meanwhile, import growth has slowed sharply in recent quarters and now looks unusually weak relative to economic growth. Get this delivered to your inbox, and more info about our products and services. China exports for 2016 was $2,199.97B, a 6.86% decline from 2015. In August, China's exports in U.S. dollars unexpectedly fell by 1% year-over-year — the biggest fall since June — as shipments to the U.S. slowed down sharply. and over 1 Mio. Statista. 2020-05-08 hina Eximbank Issued a RMB5 Billion Bond for Economic Revival in Hubei Province. In 2019, China imported goods worth $ 2.06 trillion. Goods Exports. © 2020 CNBC LLC. "Looking ahead, exports look set to remain subdued in the coming quarters," he added. China's exports unexpectedly rise in July — but more US tariffs may weigh on trade Published Wed, Aug 7 2019 10:20 PM EDT Updated Thu, Aug 8 2019 … Goods Exports •US goods exports to China declined in 2018, after breaking a record the previous year. That dollar amount translates to about USD 1,800 for every resident of this country, given China’s population of around 1.5 billion people. New, Figures and insights about the advertising and media world, Industry Outlook These 100 exported goods were worth a subtotal of US$1.7 trillion or 68% by value for all products exported from China during 2019. The following items are prohibited from entering or leaving China. In yuan terms, China’s exports expanded by 5 per cent in 2019, while imports expanded 1.6 per cent. Register in seconds and access exclusive features. Beginning July 1, 2019, most-favored nation tariffs were cut on nearly 300 information technology products. Changes in China’s Purchasing and Import Trends between 2019 and 2024. In, National Bureau of Statistics of China. You need a Single Account for unlimited access. This feature is limited to our corporate solutions. Total import and export value in China from 2010 to 2019 (in billion yuan) [Graph]. Update, Insights into the world's most important technology markets, Advertising & Media Outlook This change was made to decrease the end cost for customers and stimulate the economy in China. Exports dropped by 2.7 per cent in April, countering a 14.2 per cent rise in March and an economic growth rate of 6.4 per cent in the first quarter of 2019 "The mini US-China trade deal reached on Friday doesn't alter the outlook significantly," he wrote in a note. National Bureau of Statistics of China. ", National Bureau of Statistics of China, Total import and export value in China from 2010 to 2019 (in billion yuan) Statista, https://www.statista.com/statistics/257252/import-of-goods-to-china/ (last visited December 27, 2020), Total import and export value in China from 2010 to 2019, China's share of global gross domestic product (GDP) 2009-2025, Quarterly gross domestic product (GDP) growth rate in China Q3 2018-Q3 2020, GDP distribution across economic sectors in China 2009-2019, Chinese cities with the highest GDP in 2019, Gross domestic product (GDP) of China 2019, by region, Monthly inflation rate in China October 2020, Consumer Price Index (CPI) in China by sector and area October 2020, Monthly Consumer Price Index (CPI) in China by region October 2020, Annual change of industrial production in China 2009-2019, Change in industrial production in China October 2020, Manufacturing Purchasing Managers' Index (PMI) in China by month November 2020, Non-manufacturing Purchasing Managers' Index (PMI) in China November 2020, Producer Price Index for the industrial sector in China October 2020, Ex factory producer prices for the industrial sector in China 2019, by product, Value of foreign direct investment inflows to China 2013-2019, Value of foreign direct investments in China by sector 2019, Countries with the highest capital stock of Chinese direct investments 2018, Chinese FDI in the European Union 2018, by sector, Chinese direct investments in the U.S. 2018, by sector, China's total imports and exports 2010-2019, Merchandise trade balance of China 2009-2019, Trade balance of goods in China by month 2017-2020, Value of imports into China by month 2017-2020, Value of exports from China by month 2017-2020, Share of main export partners of China 2019, Annual performance of the Shanghai Stock Exchange Composite index 1990-2019, Monthly Shanghai Stock Exchange Composite Index performance October 2020, Annual Hang Seng index performance 1986-2019, Monthly Hang Seng Index performance September 2020, Value of international U.S. passenger fare service trade 2000-2013, Value of international U.S. government service trade 2000-2013, Value of international U.S. travel service trade 2000-2013, Value of international U.S. transportation service trade 2000-2013, Value of international U.S. passenger fare service trade 2011-2019, Value of international U.S. government service trade 2013-2014, Value of international U.S. private service trade 2013-2014, Value of international U.S. travel service trade 2011-2019, Value of international U.S. private service trade 2000-2013, Value of international U.S. royalty service trade 2013-2014, Value of international U.S. royalty service trade 2000-2013, Value of international U.S. transportation service trade 2013-2014, Total value of U.S. trade in goods with Japan 2015-2019, Total value of U.S. trade in goods with South Korea 2000-2019, Leading trading companies in India based on net sales 2019, Import value from the U.K. to Kuwait 2010-2017, Employed persons in wholesale, retail and repair of motor vehicles in Finland 2018, United Kingdom (UK): live animals export value to Japan 2012-2018, Ohio - annual payroll of wholesale and retail trade employees 2000-2008, Total import and export value in China from 2010 to 2019 (in billion yuan), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, second most significant export partner of China. All Rights Reserved. The Chinese government sincerely welcomes government officials, business communities, exhibitors and professional purchasers across the world to participat. The seven percent, or National Bureau of Statistics of China. China's import and export data for September came in worse than expected amid the country's ongoing trade friction with the U.S., Reuters reported on Monday, citing the Chinese customs. In 2019, China exported 62.0 million metric tons of steel, a 7.3 percent decrease from 66.9 million metric tons in 2018. Merchandise Trade summary statistics data for China (CHN) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, … The value of merchandise exports from China totalled $ 2.49 trillion in 2019. China’s exports to the United States fell 10.7% from a year earlier in dollar terms in January-September, while U.S. imports dropped 26.4% during that period, the customs data showed. China International Import Expo 2021 is held in Shanghai, China, from 11/5/2021 to 11/10/2021 in National Exhibition and Convention Center. Beginning on January 1, 2019, China began lowering or removing tariffs for 706 imports for a variety of products. These factors may increase the volume of US goods exports to China in 2019. A paid subscription is required for full access. Find Out Gross domestic product (GDP) growth rate in China 2011-2025, Inequality of income distribution in China based on the Gini index 2009-2019. (2020). Officials from both countries met in Washington last week to discuss trade, and President Donald Trump said the U.S. has come to a "very substantial phase one deal" with China. Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago. Overview: In August 2020 China exported $180B and imported $153B, resulting in a positive trade balance of $27.2B. China posted an overall $429.6 billion trade surplus in 2019 up by 19.6% from $359.2 … That brought its trade surplus to $34.83 billion, according to Chinese customs data. "Total Import and Export Value in China from 2010 to 2019 (in Billion Yuan). In 2019, the total value of Chinese imports and exports amounted to about 31.55 trillion yuan. Please do not hesitate to contact me. Export Duties China exports for 2017 was $2,424.20B, a 10.19% increase from 2016. Customs duties are computed either on an ad valorem basis or quantity basis. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). In U.S. dollar terms, China's exports fell 3.2% in September from a year ago, while imports dropped 8.5% during the same period, according to Reuters. Data is a real-time snapshot *Data is delayed at least 15 minutes. Washington also suspended an increase in tariffs on Chinese goods planned for this week. September 2, ... On the negative side, the US can expect to lose nearly 30 percent of its total export trade to China by 2024, with Russian exports to China edging ahead of the US that same year. 8 billion in 2017. Total export volume was 17.23 trillion yuan, a gain of 5%, while the import volume was 14.31 trillion yuan, up 1.6% from the year before, resulting in a trade surplus of 2.92 trillion a year-on-year gain of 25.4%. In 2019, China exported 350 million US dollars worth of flowers to 97 countries and regions. The top imported product to China in 2019 (14.8%) was commodity group 8542 "Electronic integrated circuits and microassemblies." In 2014, China exported $2.37 trillion worth of goods. In 2019, the export value of products from domestic motorcycle manufacturers was $4.804 billion, down 2.76% year-on-year, among them, the complete motorcycle export totaled 7.125 million units, down 2.5% year-on-year and the export value was $4.064 billion, down 2.03% from a year earlier. Directly accessible data for 170 industries from 50 countries goods exports to China in 2019. Got a confidential news tip? THE EXPORT-IMPORT BANK OF CHINA NEWS CENTER. Corporate solution including all features. As soon as this statistic is updated, you will immediately be notified via e-mail. Total Starbucks locations globally 2003-2019, Market share of leading carbonated beverage companies worldwide, Revenue and financial key figures of Coca-Cola 2009-2019, Profit from additional features with an Employee Account. You need at least a Single Account to use this feature. Profit from additional features by authenticating your Admin account. This statistic is not included in your account. Exports from China jumped 21.1 percent year-on-year to an all-time high of USD 268.07 billion in November 2020, the fastest growth since February 2018 and well above market consensus of a 12 percent increase, as global demand recovered further from the COVID-19 crisis. National Bureau of Statistics of China. (February 28, 2020). Accessed December 27, 2020. https://www.statista.com/statistics/257252/import-of-goods-to-china/.
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