China is finally the republic of china. China comprises 23 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions that how entire China is made.
China is the most populated country in the world with a total population of 1.4 Billion inhabitants living in china.
According to China Import Export Data, China is in 2nd position in the world in terms of Nominal GDP, and it contains a total value of $17.7 trillion US Dollars in 2021, making China the highest GDP growth rate country in the world.
Based on the latest China Custom Data, China is ranked 1st throughout the world in terms of Purchasing Power Parity (PPP).
In terms of China Import data, China is ranked the 2nd largest importer in the world with a total import value of $2.35 trillion U.S. dollars in the year 2020. Also, China Export Data shows that China is the rank of 1st largest exporter in the world with a total export value of $2.49 trillion US Dollars in the year 2020.
The major import-Export product of China is “electrical Machinery & Equipment” with a total import value of $496.89 Billion US Dollars in the year 2020, or with a total export value of $670.50 Billion US Dollars in the year 2020.
The most trading partner of china country-wise, in terms of exporting, is “The United States of America” with a total Export value of $418 billion US Dollars in the year 2020. And In Terms of Importing is “South Korea” with a total Import value of $173.45 Billion US Dollars in the year 2020.
What are the most significant import products of China?
China imports a variety of goods to complete the needs of its market due to its significant economic diversity. But as of now we just mentioned the top most Import products that are imported in a huge amount and generate a large amount of money and have the demand all over the world which are listed below.
In the below table we mentioned the product name, Total USD value, and Total Import percentage –
S No | Product Name | Total USD Value | Total Import Percentage |
1 | Electrical Machinery & Equipment | $496 Billion | 24% |
2 | Mineral Fuels & Oils | $343 Billion | 16.6% |
3 | Machinery | $190 Billion | 9.2% |
4 | Ores, Slag & Ash | $163 Billion | 7.9% |
5 | Optical, Photographic, Medical Equipment | $98 Billion | 4.7% |
6 | Vehicles | $75 Billion | 3.6% |
7 | Plastics & Articles | $71 Billion | 3.4% |
8 | Pearls & Precious Stones | $60 Billion | 2.9% |
9 | Organic Chemicals | $57 Billion | 1.9% |
10 | Copper & Articles | $40 Billion | 1.9% |
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What are the most significant export products of China?
Since China is a surprisingly broad country with a large number of well-known international items, many other countries enjoy importing those precise goods from China. However, as of now, we are just mentioning the top export products that are exporting in a huge quantity which are listed below –
In the below table we mentioned the Product name, The total USD Value, and the total export percentage –
S No | Product Name | Total USD Value | Total export Percentage |
1 | Electrical Machinery & Equipment | $670 Billion | 26.8% |
2 | Machinery | $460 Billion | 16.6% |
3 | Furniture, Bedding, etc | $99 Billion | 3.9% |
4 | Plastics | $84 Billion | 3.3% |
5 | Vehicles | $74 Billion | 2.9% |
6 | Optical, Photographic, Medical Equipment | $72 Billion | 2.8% |
7 | Knitted or Crocheted Apparel & Clothing | $71 Billion | 2.7% |
8 | Articles of Iron & Steel | $69 Billion | 2.6% |
9 | Not Knitted or Crocheted Apparel & Clothing | $66 Billion | 2.5% |
10 | Toys, Games & Sports Requisites | $62 Billion | 2.2% |
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Who are the major Import trading partners of China Country-wise?
China imports various goods from other nations, which helps to explain why they have strong relations with practically every nation. Accordingly, the top 10 Import trading partners of China in 2020 are as follows:
In the below chart we have mentioned the total export value with the partner country –
Who are the major export trading partners of China Country-wise?
Based on the China trade data, China produces varieties of products and exports those products to foreign which creates a good relationship between China with almost every nation. So as of now, we come up with the top 10 export trading partners that are drawn in the chart below –
In the below chart we have mentioned the total export percentage with the partner country –
What are the major import-export ports of China?
According to China Shipment Data, China’s trade is expected to rise rapidly in the next few years, allowing it to continue developing and expanding its Management.
There is various Port in China that plays an essential role in export & import trade but as of now we just mentioned the top most important ports of China which play a crucial role in the import & export market that is as follows –
- Shekou Port
- Hua du Port
- Haikou Port
- Xian Port
- Taicang Port
- Taiyuan Port
- Shiyan Port
- shanghai PU dong apt Port
- Huangshi Port
- Shenyang Port
- Rizhao Port
- Lanshi Port
- Sansui Port
- Changsha Port
- Zhoushan Port
- Huangpu Port
- Yangzhou Port
- Xining Port
- Foshan new port
- Humen Port
Conclusion – The blog was quite informative and taught us about China’s major import-export partners and products. Additionally, it displays the port details. We can therefore conclude that the article gives us sufficient information. If you want to learn more about Internation trade statistics, contact us at info@eximtradedata.com or +91-9625812393 or visit our official website Exim Trade Data
