Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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China | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2020

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2020
TOTAL. ALL COMMODITIESChinaWorldExportsValue (US$)2,589,098,353,298.00
Value Growth, YoY (%)3.59
ImportsValue (US$)2,069,567,864,872.00
Value Growth, YoY (%)-0.46

The value of merchandise exports from China totalled $ 2.58 trillion in 2020. Merchandise exports from China increased by 3.59% compared to 2019. Goods exports grew up by $ 89 billion in 2020 (the value of merchandise exports from China amounted to $2.49 trillion in 2019)

China's exports 2020 by country

Top export destinations of commodities from China in 2020:

  • USA with a share of 17.4% (452 billion US$)
  • Hong Kong with a share of 10.4% (271 billion US$)
  • Japan with a share of 5.5% (142 billion US$)
  • Vietnam with a share of 4.39% (113 billion US$)
  • Korea with a share of 4.34% (112 billion US$)
  • Germany with a share of 3.35% (86 billion US$)
  • Netherlands with a share of 3.05% (79 billion US$)
  • United Kingdom with a share of 2.8% (72 billion US$)
  • India with a share of 2.57% (66 billion US$)
  • Other Asia, nes with a share of 2.32% (60 billion US$)

Exports structure from China in 2020 represented by the following main commodity groups:

  • 27% (709 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 16.9% (440 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.22% (109 billion US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 3.72% (96 billion US$): 39 - Plastics and articles thereof
  • 3.09% (80 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.94% (76 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 2.91% (75 billion US$): 63 - Other made up textile articles; sets; worn clothing and worn textile articles; rags
  • 2.76% (71 billion US$): 95 - Toys, games and sports requisites; parts and accessories thereof
  • 2.74% (71 billion US$): 73 - Articles of iron or steel
  • 2.4% (62 billion US$): 62 - Articles of apparel and clothing accessories, not knitted or crocheted

What did China export in 2020?

China's Top Exports in 2020:

  • 8.62% ($223 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
  • 6.57% ($170 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
  • 4.51% ($116 billion): 8542 - Electronic integrated circuits and microassemblies
  • 2.13% ($55 billion): 6307 - Other made up articles, including dress patterns
  • 1.45% ($37 billion): 9405 - Luminaires and light fittings; including searchlights, spotlights and parts thereof, n.e.s.; illuminated signs, name-plates and the like, having permanently fixed light source and parts thereof n.e.s. or included
  • 1.37% ($35 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
  • 1.29% ($33 billion): 9503 - Other toys; reduced-size (scale) models and similar recreational models, working or not; puzzles of all kinds
  • 1.27% ($32 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 1.23% ($31 billion): 8528 - Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus
  • 1.21% ($31 billion): 8473 - Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.69 to 84.72

The value of merchandise imports to China totalled $ 2.06 trillion in 2020. Overall commodity imports to China decreased by 0.467% compared to 2019. Merchandise imports decreased by $ 9.71 billion (the value of merchandise imports to China was equal to $2.07 trillion in 2019)

China's imports 2020 by country

Top trading partners (import sources) of China in 2020:

  • Other Asia, nes with a share of 9.68% (200 billion US$)
  • Japan with a share of 8.43% (174 billion US$)
  • Korea with a share of 8.36% (173 billion US$)
  • USA with a share of 6.58% (136 billion US$)
  • China with a share of 6.05% (125 billion US$)
  • Australia with a share of 5.68% (117 billion US$)
  • Germany with a share of 5.07% (105 billion US$)
  • Brazil with a share of 4.13% (85 billion US$)
  • Vietnam with a share of 3.79% (78 billion US$)
  • Malaysia with a share of 3.63% (75 billion US$)

Imports structure to China in 2020 represented by the following main commodity groups:

  • 26% (548 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 13.2% (273 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 9.27% (192 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 9.04% (187 billion US$): 26 - Ores, slag and ash
  • 4.78% (99 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 3.57% (73 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 3.43% (71 billion US$): 39 - Plastics and articles thereof
  • 2.36% (48 billion US$): 74 - Copper and articles thereof
  • 2.2% (45 billion US$): 29 - Organic chemicals
  • 2.17% (44 billion US$): 12 - Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder

What did China import in 2020?

China's Top Imports in 2020:

  • 16.9% ($350 billion): 8542 - Electronic integrated circuits and microassemblies
  • 8.62% ($178 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 5.97% ($123 billion): 2601 - Iron ores and concentrates, including roasted iron pyrites
  • 2.2% ($45 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 2.17% ($44 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
  • 2.1% ($43 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
  • 1.91% ($39 billion): 1201 - Soya beans, whether or not broken
  • 1.76% ($36 billion): 2603 - Copper ores and concentrates
  • 1.63% ($33 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
  • 1.52% ($31 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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China | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2020