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Monitor Report of CHINA trade in 202005

According to Dalian Infobank, in 202005, CHINA's exports and imports of goods amounted to 350699.5707 million, and were down 9.31% comparing with the same period of last year. Among these, exports were down 3.32% at 206812.8246 million, and imports were down 16.72% at 143886.7460 million. And the corresponding trade surplus was 62926.0786 million and up 52.94%.

During the current year until 202005, CHINA's total exports and imports of goods were 1648185.9545 million and were down 7.99% comparing to the same period of last year. Among these, exports were 884641.3161 million and down 7.76%; imports were 763544.6385 million and down 8.25%. The total trade surplus was 121096.6776 million and down 4.56%.

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 202005, CHINA's imports and exports to five countries/territories were 183459.6287 million, 120978.6943 million, 108079.7798 million, 95067.7367 million, 91574.3217 million. These values correspond to 11.13%, 7.34%, 6.56%, 5.77%, 5.56% of CHINA's imports and exports, and, respectively, were down 12.78%, down 3.43%, down 7.58%, down 13.16%, up 5.57% comparing to the same period of last year.

Current year until 202005, 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 202005, CHINA's exports to these five countries/territories were 137461.8661 million, 92643.4763 million, 56534.9923 million, 42922.6085 million, 38395.6958 million. These values correspond to 15.54%, 10.47%, 6.39%, 4.85%, 4.34% of CHINA's exports and, respectively, were down 14.34%, down 12.39%, down 1.66%, down 5.66%, up 5.56% comparing with the same period of last year.

Current year until 202005, 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 202005, CHINA's imports from these five countries/territories were 69042.5734 million, 65157.1713 million, 64443.7020 million, 46509.6411 million, 45997.7626 million. These values correspond to 9.04%, 8.53%, 8.44%, 6.09%, 6.02% of CHINA's total imports and, respectively, were up 5.10%, down 8.80%, down 4.93%, down 2.72%, down 7.75% comparing with the same period of last year.

During the current year until 202005, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, INDIA, VIETNAM at 91464.1035 million, 90219.2160 million, 22639.5955 million, 15444.7488 million, 12252.7692 million, and down 17.31%, down 11.56%, down 1.78%, down 27.94%, down 21.13%. And the trade deficits were mainly from TAIWAN, AUSTRALIA, SOUTH KOREA, BRAZIL, MALAYSIA at 46510.8251 million, 27951.8865 million, 22234.5628 million, 17540.9143 million, 8773.9924 million, and up 4.21%, down 5.31%, down 14.30%, down 5.80%, up 19.55%.

Current year until 202005, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202005,  commodities with hs2 codes, 85, 84, 27, 90, 26, were CHINA's top five traded commodities. They correspond to the import and export values of 430269.3488 million, 229918.0735 million, 137280.7606 million, 64373.7248 million, 64269.2417 million, which were down 1.06%, down 5.95%, down 15.74%, down 4.33%, up 1.47% comparing with the same period of last year and account for 26.11%, 13.95%, 8.33%, 3.91%, 3.90% of CHINA's total imports and exports.

During the current year until 202005, 85, 84, 94, 39, 63 were CHINA's top five traded commodities, with total import and export values of 235260.2708 million, 157595.1361 million, 32434.0731 million, 31831.5572 million, 30872.7805 million. These values correspond to 26.59%, 17.81%, 3.67%, 3.60%, 3.49% of CHINA's total exports and, respectively, were down 6.04%, down 5.83%, down 15.56%, down 3.06%, up 187.84% comparing to the same period of last year.

During the current year until 202005, 85, 27, 84, 26, 90 were CHINA's top five traded commodities, with total import values of 195009.0780 million, 119687.2398 million, 72322.9374 million, 63543.0659 million, 36187.6433 million. These values correspond to 25.54%, 15.68%, 9.47%, 8.32%, 4.74% of CHINA's total exports and, respectively, were up 5.68%, down 16.78%, down 6.22%, up 1.25%, down 6.88% comparing to the same period of last year.



Data Source: General Administration of Customs of China