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Monitor Report of CHINA trade in 202006

According to Dalian Infobank, in 202006, CHINA's exports and imports of goods amounted to 380727.1514 million, and were up 1.45% comparing with the same period of last year. Among these, exports were up 0.52% at 213574.1736 million, and imports were up 2.67% at 167152.9778 million. And the corresponding trade surplus was 46421.1958 million and down 6.50%.

During the current year until 202006, CHINA's total exports and imports of goods were 2028913.1059 million and were down 6.35% comparing to the same period of last year. Among these, exports were 1098215.4896 million and down 6.26%; imports were 930697.6163 million and down 6.46%. The total trade surplus was 167517.8734 million and down 5.11%.

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 202006, CHINA's imports and exports to five countries/territories were 233711.1818 million, 147087.9333 million, 131622.0447 million, 116342.5331 million, 112686.2515 million. These values correspond to 11.52%, 7.25%, 6.49%, 5.73%, 5.55% of CHINA's imports and exports, and, respectively, were down 9.76%, down 2.86%, down 5.76%, down 12.96%, up 7.78% comparing to the same period of last year.

Current year until 202006, 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 202006, CHINA's exports to these five countries/territories were 177293.4782 million, 113380.6543 million, 67391.1838 million, 52126.2695 million, 47410.2770 million. These values correspond to 16.14%, 10.32%, 6.14%, 4.75%, 4.32% of CHINA's exports and, respectively, were down 11.23%, down 12.15%, down 3.21%, down 5.34%, up 6.53% comparing with the same period of last year.

Current year until 202006, CHINA's exports to top five countries/territories TAIWAN, JAPAN, SOUTH KOREA, UNITED STATES, AUSTRALIA are the top five countries/territories that CHINA imports from in terms of the total export amount. During the current year until 202006, CHINA's imports from these five countries/territories were 85262.2529 million, 79696.7495 million, 79495.7752 million, 56417.7036 million, 56065.9574 million. These values correspond to 9.16%, 8.56%, 8.54%, 6.06%, 6.02% of CHINA's total imports and, respectively, were up 7.74%, down 2.57%, down 6.03%, down 4.81%, down 3.45% comparing with the same period of last year.

During the current year until 202006, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, INDIA, UNITED KINGDOM at 120875.7746 million, 110418.7755 million, 27672.1530 million, 18006.8044 million, 16801.9632 million, and down 13.94%, down 11.28%, down 1.84%, down 32.85%, down 1.25%. And the trade deficits were mainly from TAIWAN, AUSTRALIA, SOUTH KOREA, BRAZIL, JAPAN at 57838.2542 million, 33218.6398 million, 27369.5058 million, 23337.4675 million, 12305.5658 million, and up 7.68%, down 7.56%, down 7.31%, up 9.82%, up 1.08%.

Current year until 202006, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202006,  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 529487.6501 million, 283495.0457 million, 159177.7629 million, 79946.5640 million, 77751.3902 million, which were up 0.62%, down 4.56%, down 18.47%, down 2.07%, up 2.56% comparing with the same period of last year and account for 26.10%, 13.97%, 7.85%, 3.94%, 3.83% of CHINA's total imports and exports.

During the current year until 202006, 85, 84, 94, 63, 39 were CHINA's top five traded commodities, with total import and export values of 290050.4922 million, 194739.0385 million, 41712.2577 million, 41130.4190 million, 39916.0615 million. These values correspond to 26.41%, 17.73%, 3.80%, 3.75%, 3.63% of CHINA's total exports and, respectively, were down 4.28%, down 4.68%, down 10.93%, up 214.61%, up 0.06% comparing to the same period of last year.

During the current year until 202006, 85, 27, 84, 26, 90 were CHINA's top five traded commodities, with total import values of 239437.1578 million, 139830.0875 million, 88756.0072 million, 76856.9491 million, 44523.1578 million. These values correspond to 25.73%, 15.02%, 9.54%, 8.26%, 4.78% of CHINA's total exports and, respectively, were up 7.27%, down 18.79%, down 4.29%, up 2.34%, down 5.16% comparing to the same period of last year.



Data Source: General Administration of Customs of China