According to Dalian Infobank, in 202008, CHINA's exports and imports of goods amounted to 411592.9857 million, and were up 4.19% comparing with the same period of last year. Among these, exports were up 9.49% at 235259.1863 million, and imports were down 2.12% at 176333.7994 million. And the corresponding trade surplus was 58925.3868 million and up 69.73%.
During the current year until 202008, CHINA's total exports and imports of goods were 2853439.2443 million and were down 3.64% comparing to the same period of last year. Among these, exports were 1571105.9548 million and down 2.31%; imports were 1282333.2894 million and down 5.22%. The total trade surplus was 288772.6654 million and up 13.13%.
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 202008, CHINA's imports and exports to five countries/territories were 344023.8212 million, 200146.1218 million, 179800.9508 million, 164919.4089 million, 158940.0458 million. These values correspond to 12.06%, 7.01%, 6.30%, 5.78%, 5.57% of CHINA's imports and exports, and, respectively, were down 3.53%, down 2.00%, down 3.67%, down 9.26%, up 10.00% comparing to the same period of last year.
Current year until 202008, 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 202008, CHINA's exports to these five countries/territories were 265797.5673 million, 160844.5358 million, 90879.1743 million, 70759.9739 million, 67105.2663 million. These values correspond to 16.92%, 10.24%, 5.78%, 4.50%, 4.27% of CHINA's exports and, respectively, were down 3.70%, down 8.45%, down 2.76%, down 3.18%, up 8.99% comparing with the same period of last year.
Current year until 202008, 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 202008, CHINA's imports from these five countries/territories were 121207.6276 million, 109266.9475 million, 109040.9769 million, 78226.2539 million, 75657.1927 million. These values correspond to 9.45%, 8.52%, 8.50%, 6.10%, 5.90% of CHINA's total imports and, respectively, were up 10.60%, down 1.36%, down 3.99%, down 2.93%, down 7.55% comparing with the same period of last year.
During the current year until 202008, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, UNITED KINGDOM, INDIA at 187571.3135 million, 156769.6627 million, 39888.3119 million, 29717.9763 million, 25275.1332 million, and down 4.02%, down 7.59%, up 1.25%, up 21.33%, down 33.33%. And the trade deficits were mainly from TAIWAN, AUSTRALIA, SOUTH KOREA, BRAZIL, JAPAN at 83475.2093 million, 43597.8626 million, 38281.0030 million, 34527.3129 million, 18387.7733 million, and up 11.76%, down 16.16%, down 5.45%, up 16.27%, up 6.20%.
Current year until 202008, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202008, 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 749739.2563 million, 394832.2608 million, 206871.8249 million, 111879.3154 million, 109389.1799 million, which were up 3.16%, down 1.39%, down 20.37%, up 0.20%, up 1.27% comparing with the same period of last year and account for 26.27%, 13.84%, 7.25%, 3.92%, 3.83% of CHINA's total imports and exports.
During the current year until 202008, 85, 84, 94, 39, 63 were CHINA's top five traded commodities, with total import and export values of 417571.9474 million, 272649.0373 million, 62769.4719 million, 57837.5523 million, 57514.2466 million. These values correspond to 26.58%, 17.35%, 4.00%, 3.68%, 3.66% of CHINA's total exports and, respectively, were up 0.52%, down 0.67%, down 1.86%, up 5.54%, up 216.83% comparing to the same period of last year.
During the current year until 202008, 85, 27, 84, 26, 90 were CHINA's top five traded commodities, with total import values of 332167.3089 million, 183726.2330 million, 122183.2236 million, 108218.1074 million, 61542.4975 million. These values correspond to 25.90%, 14.33%, 9.53%, 8.44%, 4.80% of CHINA's total exports and, respectively, were up 6.70%, down 19.99%, down 2.96%, up 1.04%, down 3.95% comparing to the same period of last year.
Data Source: General Administration of Customs of China