What is China’s top export
Yearly Trade
During the last five reported years the exports of China have changed by $1.12T from $2.22T in 2016 to $3.34T in 2021. The most recent exports are led by Broadcasting Equipment ($231B), Computers ($192B), Integrated Circuits ($158B), Office Machine Parts ($101B), and Telephones ($53.9B).
What is China’s top 5 export
Biggest Exporting Industries in China in 2023Smart Phone Manufacturing in China.Computer Manufacturing in China.Computer Peripheral Manufacturing in China.Building Construction in China.Software Development in China.Steel Rolling in China.Apparel Manufacturing in China. $51.6B.Battery Manufacturing in China. $46.9B.
How much does China export to the world
Export of goods from China 2012-2022
In 2022, China exported approximately 3.59 trillion U.S. dollars worth of goods. This indicated a growth in export value of about seven percent compared to the previous year.
What percentage of China’s exports go to US
Ignoring this flaw, the US topped all countries, receiving one-sixth of Chinese exports. Imports were $2.69 trillion, yielding the largest goods trade surplus in world history at $677 billion, or about 3.8 percent of Chinese GDP.
Which country buys the most from China
List of largest trading partners of China
| Rank | Country / Territory | Trade balance |
|---|---|---|
| – | ASEAN | 159.2 |
| – | European Union | 276.6 |
| 1 | United States | 404.4 |
| 2 | South Korea | -37.0 |
Who imports the most from China
At $20.49 trillion, the United States boasts the largest economy in the world and is China's largest trading partner. Last year, the total value of bilateral trade between the two countries was $737.1 billion, with U.S. imports from China valued at $557.9 billion and U.S. exports to China valued at $179.3 billion.
Who is China’s largest export partner
In 2022, the United States was the largest export destination for China. The value of China's exports to the United States exceeded 3.87 trillion yuan, an increase of about 4.2 percent from the previous year.
How many countries do China export to
TRADE SUMMARY FOR CHINA 2020
The total value of exports (FoB) was 2,589,098 million. The total value of imports (CIF) was 2,069,568 million. At the HS6 digit level, 4,400 products were exported to 214 countries and 4,410 products were imported from 214 countries.
Which country sends 80% of its exports to the United States
Mexico
Mexico sends about 80% of its total exports to the U. S.
Where does China make most of its money
The major sectors and industries driving growth for China include the services sector, agriculture, manufacturing, and technology. China is also one of the world's largest exporters and importers in the world.
Why is China the biggest exporter
Special economic zones (SEZs) in China played a major role in the country's economic boom and the growth of exports. Within SEZs, such as Shenzhen, China offered tax incentives to foreign investors. These incentives included the ability to import equipment and technology tax-free.
How many countries does China export to
Overall Exports and Imports for China 2020
At the HS6 digit level, 4,400 products were exported to 214 countries and 4,410 products were imported from 214 countries.
What are the top 10 imports from China
Top 10 Most-Imported Products From ChinaLithium ion batteries ($7.3 billion)Monitors for automatic data processing machines ($7 billion)Pharmaceuticals in pre-measured doses ($6.9 billion)Accessories for computers and other data processors ($6.8 billion)Plastic items ($4.6 billion)
Who does China trade with most
China is the largest trading partner to Japan, South Korea, Vietnam, and Taiwan. Given their proximity, those countries are hardly a surprise. But it is also the top trader with Russia—and Ukraine. In Africa, China is the top partner for countries like South Africa and Kenya.
What are the top 3 countries the U.S. exports to
Canada was the largest purchaser of U.S. goods exports in 2022, accounting for 17.3 percent of total U.S. goods exports. The top five purchasers of U.S. goods exports in 2022 were: Canada ($356.5 billion), Mexico ($324.3 billion), China ($150.4 billion), Japan ($80.2 billion), and the United Kingdom ($76.2 billion).
Who is America’s largest trading partner
Year-to-Date Total Trade
| Rank | Country | Percent of Total Trade |
|---|---|---|
| — | Total, All Countries | 100.0% |
| — | Total, Top 15 Countries | 74.6% |
| 1 | China | 16.9% |
| 2 | Canada | 14.8% |
What countries does China do the most business with
China is the largest trading partner to Japan, South Korea, Vietnam, and Taiwan. Given their proximity, those countries are hardly a surprise. But it is also the top trader with Russia—and Ukraine. In Africa, China is the top partner for countries like South Africa and Kenya.
What are China’s 3 biggest exports
So, what are the top 10 Chinese exportsElectrical Machinery and Equipment – US$804.5 billion (26.6% of total exports from China)Machinery including Computers – US$492.3 billion (16.3% of total exports)Furniture, Bedding, Lighting, Signs & Prefabricated Buildings – US$126.3 billion (4.2% of total exports)
What are China’s top 2 exports
In 2021, China exported over 3.2 trillion U.S. dollars of manufactured goods, the highest of all time. That year, China's major exports were automatic data processing machines and components, followed by clothes and clothing accessories, integrated circuits, and mobile phones.
What are the top 2 imports from China
Top 10 Most-Imported Products From ChinaLithium ion batteries ($7.3 billion)Monitors for automatic data processing machines ($7 billion)Pharmaceuticals in pre-measured doses ($6.9 billion)Accessories for computers and other data processors ($6.8 billion)Plastic items ($4.6 billion)
Why is China the largest exporter in global trade
Special economic zones (SEZs) in China played a major role in the country's economic boom and the growth of exports. Within SEZs, such as Shenzhen, China offered tax incentives to foreign investors. These incentives included the ability to import equipment and technology tax-free.
What does China trade the most
The great bulk of China's exports consists of manufactured goods, of which electrical and electronic machinery and equipment and clothing, textiles, and footwear are by far the most important. Agricultural products, chemicals, and fuels are also significant exports.
Who is China biggest trade partner
China's Top Trading PartnersUnited States: US$582.8 billion (16.2% of China's total exports)Hong Kong: $297.5 billion (8.3%)Japan: $172.9 billion (4.8%)South Korea: $162.6 billion (4.5%)Vietnam: $147 billion (4.1%)India: $118.5 billion (3.3%)Netherlands: $117.7 billion (3.3%)Germany: $116.2 billion (3.2%)
Who is Japan’s biggest trade partner
Japan's Top Trading PartnersChina: US$144.7 billion (19.4% of total Japanese exports)United States: $139.5 billion (18.7%)Sout Korea: $54.3 billion (7.3%)Taiwan: $52.3 billion (7%)Hong Kong: $33.2 billion (4.4%)Thailand: $32.5 billion (4.3%)Singapore: $22.4 billion (3%)Germany: $19.6 billion (2.6%)
Which country does China invest the most
The United States is the top destination in the world for Chinese FDI, drawing in $183.2 billion, or 15 percent of China's total outflows, between 2005 and 2019.
