According to Dalian Infobank, in 202002, CHINA's exports and imports of goods amounted to 222979.4845 million, and were down 16.70% comparing with the same period of last year. Among these, exports were down 40.58% at 80409.4580 million, and imports were up 7.71% at 142570.0265 million. And the corresponding trade deficit was 62160.5685 million and down 2203.20%.
During the current year until 202002, CHINA's total exports and imports of goods were 591992.7712 million and were down 11.03% comparing to the same period of last year. Among these, exports were 292448.5665 million and down 17.23%; imports were 299544.2047 million and down 4.00%. The total trade deficit was 7095.6382 million and down 117.18%.
If considering by country (region), UNITED STATES, JAPAN, SOUTH KOREA, TAIWAN, HONG KONG were CHINA's top five trading partners. During the current year until 202002, CHINA's imports and exports to five countries/territories were 60571.7578 million, 39543.6969 million, 37661.9560 million, 31214.8395 million, 30118.5482 million. These values correspond to 10.23%, 6.68%, 6.36%, 5.27%, 5.09% of CHINA's imports and exports, and, respectively, were down 20.97%, down 16.55%, down 12.17%, down 2.35%, down 20.90% comparing to the same period of last year.
Current year until 202002, CHINA and the top five trade partners UNITED STATES, HONG KONG, JAPAN, SOUTH KOREA, VIETNAM are the top five countries/territories that CHINA exports to in terms of the total export amount. During the current year until 202002, CHINA's exports to these five countries/territories were 42971.8726 million, 29141.1852 million, 17035.8257 million, 13532.3081 million, 11234.9908 million. These values correspond to 14.69%, 9.96%, 5.83%, 4.63%, 3.84% of CHINA's exports and, respectively, were down 27.66%, down 20.38%, down 24.54%, down 18.63%, down 0.89% comparing with the same period of last year.
Current year until 202002, CHINA's exports to top five countries/territories SOUTH KOREA, TAIWAN, JAPAN, AUSTRALIA, UNITED STATES are the top five countries/territories that CHINA imports from in terms of the total export amount. During the current year until 202002, CHINA's imports from these five countries/territories were 24129.6479 million, 23652.1057 million, 22507.8711 million, 18870.4214 million, 17599.8852 million. These values correspond to 8.06%, 7.90%, 7.51%, 6.30%, 5.88% of CHINA's total imports and, respectively, were down 8.08%, down 3.39%, down 9.28%, up 2.93%, up 2.10% comparing with the same period of last year.
During the current year until 202002, the trade surplus of CHINA was mainly from HONG KONG, UNITED STATES, INDIA, NETHERLANDS, UNITED KINGDOM at 28163.8222 million, 25371.9874 million, 7017.5168 million, 6920.7997 million, 3479.4970 million, and down 19.82%, down 39.83%, down 14.23%, down 20.37%, down 39.24%. And the trade deficits were mainly from TAIWAN, AUSTRALIA, SOUTH KOREA, BRAZIL, SAUDI ARABIA at 16089.3720 million, 13188.1207 million, 10597.3397 million, 7425.3146 million, 6103.2876 million, and down 5.35%, up 16.54%, up 10.16%, down 6.39%, up 21.47%.
Current year until 202002, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202002, commodities with hs2 codes, 85, 84, 27, 26, 90, were CHINA's top five traded commodities. They correspond to the import and export values of 146588.9270 million, 74070.7761 million, 67632.2279 million, 26176.9531 million, 21610.6578 million, which were down 8.12%, down 17.50%, up 8.99%, up 6.81%, down 11.85% comparing with the same period of last year and account for 24.76%, 12.51%, 11.42%, 4.42%, 3.65% of CHINA's total imports and exports.
During the current year until 202002, 85, 84, 94, 39, 87 were CHINA's top five traded commodities, with total import and export values of 80149.4173 million, 48538.3318 million, 11209.8189 million, 9823.7388 million, 9584.8968 million. These values correspond to 27.41%, 16.60%, 3.83%, 3.36%, 3.28% of CHINA's total exports and, respectively, were down 12.99%, down 20.81%, down 22.78%, down 16.50%, down 10.11% comparing to the same period of last year.
During the current year until 202002, 85, 27, 26, 84, 90 were CHINA's top five traded commodities, with total import values of 66439.5097 million, 60570.1717 million, 25910.1137 million, 25532.4443 million, 12564.4302 million. These values correspond to 22.18%, 20.22%, 8.65%, 8.52%, 4.19% of CHINA's total exports and, respectively, were down 1.47%, up 9.07%, up 6.42%, down 10.36%, down 11.11% comparing to the same period of last year.
Data Source: General Administration of Customs of China