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Monitor Report of CHINA trade in 202004

According to Dalian Infobank, in 202004, CHINA's exports and imports of goods amounted to 355134.2266 million, and were down 5.08% comparing with the same period of last year. Among these, exports were up 3.43% at 200233.6464 million, and imports were down 14.20% at 154900.5802 million. And the corresponding trade surplus was 45333.0662 million and up 246.76%.

During the current year until 202004, CHINA's total exports and imports of goods were 1297486.3838 million and were down 7.62% comparing to the same period of last year. Among these, exports were 677828.4914 million and down 9.04%; imports were 619657.8924 million and down 6.03%. The total trade surplus was 58170.5990 million and down 32.15%.

If considering by country (region), UNITED STATES, JAPAN, SOUTH KOREA, HONG KONG, TAIWAN were CHINA's top five trading partners. During the current year until 202004, CHINA's imports and exports to five countries/territories were 136913.3841 million, 95248.6838 million, 85467.3793 million, 73815.0895 million, 71825.3534 million. These values correspond to 10.55%, 7.34%, 6.59%, 5.69%, 5.54% of CHINA's imports and exports, and, respectively, were down 15.35%, down 4.91%, down 7.27%, down 13.26%, up 5.62% comparing to the same period of last year.

Current year until 202004, 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 202004, CHINA's exports to these five countries/territories were 100243.0107 million, 71791.7406 million, 43270.4517 million, 33292.5284 million, 29809.2609 million. These values correspond to 14.79%, 10.59%, 6.38%, 4.91%, 4.40% of CHINA's exports and, respectively, were down 18.31%, down 12.52%, down 4.99%, down 6.13%, up 7.43% comparing with the same period of last year.

Current year until 202004, CHINA's exports to top five countries/territories TAIWAN, SOUTH KOREA, 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 202004, CHINA's imports from these five countries/territories were 54222.2956 million, 52174.8509 million, 51978.2320 million, 37758.6196 million, 36670.3733 million. These values correspond to 8.75%, 8.42%, 8.39%, 6.09%, 5.92% of CHINA's total imports and, respectively, were up 5.14%, down 7.98%, down 4.84%, up 0.10%, down 6.03% comparing with the same period of last year.

During the current year until 202004, the trade surplus of CHINA was mainly from HONG KONG, UNITED STATES, NETHERLANDS, INDIA, VIETNAM at 69768.3917 million, 63572.6374 million, 16996.6001 million, 13577.4657 million, 8828.0232 million, and down 11.72%, down 24.04%, down 6.41%, down 16.72%, down 23.71%. And the trade deficits were mainly from TAIWAN, AUSTRALIA, SOUTH KOREA, BRAZIL, JAPAN at 36619.2377 million, 24043.4601 million, 18882.3226 million, 13599.0179 million, 8707.7803 million, and up 4.21%, up 2.88%, down 11.09%, down 8.82%, down 4.07%.

Current year until 202004, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202004,  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 336772.0930 million, 177432.8941 million, 118750.8031 million, 52463.5229 million, 49876.6435 million, which were down 1.40%, down 7.46%, down 8.52%, up 5.57%, down 5.86% comparing with the same period of last year and account for 25.96%, 13.68%, 9.15%, 4.04%, 3.84% of CHINA's total imports and exports.

During the current year until 202004, 85, 84, 39, 94, 90 were CHINA's top five traded commodities, with total import and export values of 182140.5398 million, 119620.1915 million, 24413.1475 million, 24406.6552 million, 20978.5597 million. These values correspond to 26.87%, 17.65%, 3.60%, 3.60%, 3.09% of CHINA's total exports and, respectively, were down 7.02%, down 8.60%, down 3.35%, down 17.63%, down 5.36% comparing to the same period of last year.

During the current year until 202004, 85, 27, 84, 26, 90 were CHINA's top five traded commodities, with total import values of 154631.5532 million, 102936.1644 million, 57812.7025 million, 51849.0551 million, 28898.0838 million. These values correspond to 24.95%, 16.61%, 9.33%, 8.37%, 4.66% of CHINA's total exports and, respectively, were up 6.15%, down 9.82%, down 5.01%, up 5.17%, down 6.22% comparing to the same period of last year.



Data Source: General Administration of Customs of China