Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2002 - 2023

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The value of merchandise exports from China totalled $ 3.37 trillion in 2023. Overall commodity exports from China decreased by 5.95% compared to 2022. Merchandise exports decreased by $ 213 billion (the value of merchandise exports from China amounted to $3.59 trillion in 2022)

China's exports 2023 by country

Top export destinations of commodities from China in 2023:

  • USA with a share of 14.8% (501 billion US$)
  • Hong Kong with a share of 8.12% (274 billion US$)
  • Japan with a share of 4.66% (157 billion US$)
  • Korea with a share of 4.4% (148 billion US$)
  • Vietnam with a share of 4.07% (137 billion US$)
  • India with a share of 3.48% (117 billion US$)
  • Russia with a share of 3.28% (110 billion US$)
  • Germany with a share of 2.97% (100 billion US$)
  • Netherlands with a share of 2.96% (100 billion US$)
  • Malaysia with a share of 2.58% (87 billion US$)

Exports structure from China in 2023 represented by the following main commodity groups:

  • 26% (896 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 15.1% (510 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.69% (192 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 3.88% (131 billion US$): 39 - Plastics and articles thereof
  • 3.59% (121 billion US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 2.87% (97 billion US$): 73 - Articles of iron or steel
  • 2.61% (88 billion US$): 95 - Toys, games and sports requisites; parts and accessories thereof
  • 2.43% (82 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 2.3% (77 billion US$): 29 - Organic chemicals
  • 2.07% (70 billion US$): 62 - Articles of apparel and clothing accessories, not knitted or crocheted

What did China export in 2023?

China's Top Exports in 2023:

  • 6.47% ($218 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 4.41% ($149 billion): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 4.03% ($136 billion): 8542 - Electronic integrated circuits and microassemblies
  • 2.29% ($77 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 2.06% ($69 billion): 8507 - Electric accumulators, including separators therefor, whether or not rectangular (including square)
  • 1.81% ($61 billion): 8541 - Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, light-emitting diodes (LED) assembled with other LEDs or not, mounted piezo-electric crystals
  • 1.57% ($53 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 1.42% ($48 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 1.37% ($46 billion): 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors

The value of merchandise imports to China totalled $ 2.55 trillion in 2023. Overall commodity imports to China decreased by 5.86% compared to 2022. Merchandise imports decreased by $ 159 billion (the value of merchandise imports to China was equal to $2.71 trillion in 2022)

China's imports 2023 by country

Top trading partners (import sources) of China in 2023:

  • Other Asia, nes with a share of 7.79% (199 billion US$)
  • USA with a share of 6.45% (165 billion US$)
  • Korea with a share of 6.32% (161 billion US$)
  • Japan with a share of 6.27% (160 billion US$)
  • Australia with a share of 6.08% (155 billion US$)
  • Russia with a share of 5.05% (129 billion US$)
  • Brazil with a share of 4.79% (122 billion US$)
  • Germany with a share of 4.15% (106 billion US$)
  • China with a share of 4.07% (104 billion US$)
  • Malaysia with a share of 4.02% (102 billion US$)

Imports structure to China in 2023 represented by the following main commodity groups:

  • 21% (548 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 20% (515 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 9.3% (237 billion US$): 26 - Ores, slag and ash
  • 7.71% (197 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.45% (114 billion US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 3.03% (77 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.76% (70 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 2.68% (68 billion US$): 12 - Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder
  • 2.45% (62 billion US$): 74 - Copper and articles thereof
  • 2.42% (61 billion US$): 39 - Plastics and articles thereof

What did China import in 2023?

China's Top Imports in 2023:

  • 13.6% ($350 billion): 8542 - Electronic integrated circuits and microassemblies
  • 13.2% ($337 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 5.26% ($134 billion): 2601 - Iron ores and concentrates, including roasted iron pyrites
  • 3.59% ($91 billion): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 3.3% ($84 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 2.34% ($59 billion): 2603 - Copper ores and concentrates
  • 2.32% ($59 billion): 1201 - Soya beans, whether or not broken
  • 1.79% ($45 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 1.61% ($41 billion): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 1.54% ($39 billion): 8486 - Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays; machines & apparatus specified in note 11 (C) to this Chapter

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Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2002 - 2023