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Monitor Report of CHINA trade in 202007

According to Dalian Infobank, in 202007, CHINA's exports and imports of goods amounted to 412933.1526 million, and were up 3.35% comparing with the same period of last year. Among these, exports were up 7.15% at 237631.2789 million, and imports were down 1.38% at 175301.8737 million. And the corresponding trade surplus was 62329.4052 million and up 41.61%.

During the current year until 202007, CHINA's total exports and imports of goods were 2441846.2586 million and were down 4.84% comparing to the same period of last year. Among these, exports were 1335846.7686 million and down 4.12%; imports were 1105999.4900 million and down 5.69%. The total trade surplus was 229847.2786 million and up 4.22%.

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 202007, CHINA's imports and exports to five countries/territories were 288717.8648 million, 174262.4186 million, 156474.2342 million, 141423.3731 million, 134952.8893 million. These values correspond to 11.82%, 7.14%, 6.41%, 5.79%, 5.53% of CHINA's imports and exports, and, respectively, were down 6.52%, down 2.16%, down 4.42%, down 10.15%, up 8.67% comparing to the same period of last year.

Current year until 202007, 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 202007, CHINA's exports to these five countries/territories were 221024.5042 million, 137930.1235 million, 79231.8646 million, 61805.7383 million, 57256.6043 million. These values correspond to 16.55%, 10.33%, 5.93%, 4.63%, 4.29% of CHINA's exports and, respectively, were down 7.39%, down 9.31%, down 3.04%, down 4.38%, up 8.56% comparing with the same period of last year.

Current year until 202007, 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 202007, CHINA's imports from these five countries/territories were 102556.6470 million, 95030.5540 million, 94668.4959 million, 67693.3607 million, 66849.4062 million. These values correspond to 9.27%, 8.59%, 8.56%, 6.12%, 6.04% of CHINA's total imports and, respectively, were up 9.14%, down 1.42%, down 4.45%, down 3.56%, down 4.50% comparing with the same period of last year.

During the current year until 202007, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, UNITED KINGDOM, INDIA at 153331.1435 million, 134436.8740 million, 34296.6885 million, 23226.0797 million, 21184.3085 million, and down 8.98%, down 8.42%, up 1.30%, up 12.59%, down 34.75%. And the trade deficits were mainly from TAIWAN, AUSTRALIA, SOUTH KOREA, BRAZIL, JAPAN at 70160.4047 million, 39279.2688 million, 32862.7575 million, 28641.0888 million, 15798.6894 million, and up 10.05%, down 10.28%, down 4.59%, up 12.30%, up 7.61%.

Current year until 202007, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202007,  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 639268.4840 million, 339568.7473 million, 182747.7149 million, 96201.3981 million, 93803.1106 million, which were up 2.38%, down 3.15%, down 19.75%, down 0.74%, up 1.89% comparing with the same period of last year and account for 26.18%, 13.91%, 7.48%, 3.94%, 3.84% of CHINA's total imports and exports.

During the current year until 202007, 85, 84, 94, 63, 39 were CHINA's top five traded commodities, with total import and export values of 354314.1606 million, 234032.1514 million, 52385.5193 million, 50034.1913 million, 48857.0328 million. These values correspond to 26.52%, 17.52%, 3.92%, 3.75%, 3.66% of CHINA's total exports and, respectively, were down 1.19%, down 2.79%, down 5.52%, up 219.35%, up 2.88% comparing to the same period of last year.

During the current year until 202007, 85, 27, 84, 26, 90 were CHINA's top five traded commodities, with total import values of 284954.3234 million, 161699.4775 million, 105536.5959 million, 92792.3333 million, 53166.9447 million. These values correspond to 25.76%, 14.62%, 9.54%, 8.39%, 4.81% of CHINA's total exports and, respectively, were up 7.19%, down 19.40%, down 3.93%, up 1.69%, down 4.62% comparing to the same period of last year.



Data Source: General Administration of Customs of China