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Monitor Report of CHINA trade in 202012

According to Dalian Infobank, in 202012, CHINA's exports and imports of goods amounted to 485681.6804 million, and were up 12.94% comparing with the same period of last year. Among these, exports were up 18.14% at 281927.7256 million, and imports were up 6.46% at 203753.9548 million. And the corresponding trade surplus was 78173.7708 million and up 65.46%.

During the current year until 202012, CHINA's total exports and imports of goods were 4646252.5545 million and were up 1.49% comparing to the same period of last year. Among these, exports were 2590643.8368 million and up 3.65%; imports were 2055608.7177 million and down 1.10%. The total trade surplus was 535035.1191 million and up 27.07%.

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 202012, CHINA's imports and exports to five countries/territories were 586720.2879 million, 317537.6276 million, 285264.4098 million, 279642.3704 million, 260806.0897 million. These values correspond to 12.63%, 6.83%, 6.14%, 6.02%, 5.61% of CHINA's imports and exports, and, respectively, were up 8.34%, up 0.80%, up 0.26%, down 2.97%, up 14.33% comparing to the same period of last year.

Current year until 202012, CHINA and the top five trade partners UNITED STATES, HONG KONG, JAPAN, VIETNAM, SOUTH KOREA are the top five countries/territories that CHINA exports to in terms of the total export amount. During the current year until 202012, CHINA's exports to these five countries/territories were 451812.6982 million, 272658.7421 million, 142663.7045 million, 113814.1117 million, 112504.6368 million. These values correspond to 17.44%, 10.52%, 5.51%, 4.39%, 4.34% of CHINA's exports and, respectively, were up 7.92%, down 2.32%, down 0.41%, up 16.29%, up 1.38% comparing with the same period of last year.

Current year until 202012, CHINA's exports to top five countries/territories TAIWAN, JAPAN, SOUTH KOREA, UNITED STATES, CHINA are the top five countries/territories that CHINA imports from in terms of the total export amount. During the current year until 202012, CHINA's imports from these five countries/territories were 200664.3635 million, 174873.9230 million, 172759.7729 million, 134907.5897 million, 125281.0572 million. These values correspond to 9.76%, 8.51%, 8.40%, 6.56%, 6.09% of CHINA's total imports and, respectively, were up 15.98%, up 1.81%, down 0.46%, up 9.77%, down 3.48% comparing with the same period of last year.

During the current year until 202012, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, UNITED KINGDOM, INDIA at 316905.1085 million, 265675.1139 million, 66223.2762 million, 52842.4061 million, 45869.5926 million, and up 7.15%, down 1.63%, up 5.49%, up 37.28%, down 19.30%. And the trade deficits were mainly from TAIWAN, CHINA, AUSTRALIA, SOUTH KOREA, BRAZIL at 140522.6373 million, 125281.0572 million, 61354.5745 million, 60255.1361 million, 49127.2717 million, and up 19.18%, down 3.48%, down 16.02%, down 3.72%, up 10.59%.

Current year until 202012, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 1258866.8258 million, 632215.4441 million, 299667.9537 million, 181957.9515 million, 179321.2937 million, which were up 7.79%, up 4.15%, down 24.01%, up 9.15%, up 4.47% comparing with the same period of last year and account for 27.09%, 13.61%, 6.45%, 3.92%, 3.86% of CHINA's total imports and exports.

During the current year until 202012, 85, 84, 94, 39, 90 were CHINA's top five traded commodities, with total import and export values of 710123.5035 million, 440251.6308 million, 109394.3638 million, 96410.7287 million, 80224.5045 million. These values correspond to 27.41%, 16.99%, 4.22%, 3.72%, 3.10% of CHINA's total exports and, respectively, were up 5.92%, up 5.67%, up 10.43%, up 14.56%, up 9.99% comparing to the same period of last year.

During the current year until 202012, 85, 27, 84, 26, 90 were CHINA's top five traded commodities, with total import values of 548743.3223 million, 267553.3855 million, 191963.8133 million, 180016.1250 million, 99096.7892 million. These values correspond to 26.69%, 13.02%, 9.34%, 8.76%, 4.82% of CHINA's total exports and, respectively, were up 10.32%, down 22.95%, up 0.82%, up 9.13%, up 0.39% comparing to the same period of last year.



Data Source: General Administration of Customs of China