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Monitor Report of CHINA trade in 202102

According to Dalian Infobank, in 202102, CHINA's exports and imports of goods amounted to 371796.9680 million, and were up 66.81% comparing with the same period of last year. Among these, exports were up 154.82% at 204821.6371 million, and imports were up 17.18% at 166975.3309 million. And the corresponding trade surplus was 37846.3062 million and down 160.93%.

During the current year until 202102, CHINA's total exports and imports of goods were 834455.9687 million and were up 41.11% comparing to the same period of last year. Among these, exports were 468840.4760 million and up 60.58%; imports were 365615.4927 million and up 22.12%. The total trade surplus was 103224.9833 million and down 1489.38%.

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 202102, CHINA's imports and exports to five countries/territories were 109797.8139 million, 53565.9686 million, 49454.7059 million, 46204.0125 million, 44395.9940 million. These values correspond to 13.16%, 6.42%, 5.93%, 5.54%, 5.32% of CHINA's imports and exports, and, respectively, were up 81.27%, up 35.87%, up 31.84%, up 54.87%, up 42.36% comparing to the same period of last year.

Current year until 202102, 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 202102, CHINA's exports to these five countries/territories were 80529.9974 million, 45336.6553 million, 25197.3916 million, 20085.8795 million, 19921.8997 million. These values correspond to 17.18%, 9.67%, 5.37%, 4.28%, 4.25% of CHINA's exports and, respectively, were up 87.35%, up 56.87%, up 47.86%, up 48.96%, up 78.24% comparing with the same period of last year.

Current year until 202102, CHINA's exports to top five countries/territories TAIWAN, SOUTH KOREA, UNITED STATES, JAPAN, CHINA are the top five countries/territories that CHINA imports from in terms of the total export amount. During the current year until 202102, CHINA's imports from these five countries/territories were 33408.5088 million, 29368.8264 million, 29267.8165 million, 28368.5770 million, 20820.8519 million. These values correspond to 9.14%, 8.03%, 8.01%, 7.76%, 5.69% of CHINA's total imports and, respectively, were up 41.40%, up 22.23%, up 66.43%, up 26.75%, up 45.28% comparing with the same period of last year.

During the current year until 202102, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, INDIA, UNITED KINGDOM at 51262.1810 million, 44469.2981 million, 12272.5133 million, 10325.0384 million, 8742.8220 million, and up 101.83%, up 59.01%, up 77.15%, up 47.40%, up 149.18%. And the trade deficits were mainly from TAIWAN, CHINA, AUSTRALIA, SOUTH KOREA, BRAZIL at 22421.0235 million, 20820.8519 million, 10937.3796 million, 9282.9468 million, 5045.9498 million, and up 39.54%, up 45.28%, down 17.54%, down 11.95%, down 32.45%.

Current year until 202102, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202102,  commodities with hs2 codes, 85, 84, 27, 26, 87, were CHINA's top five traded commodities. They correspond to the import and export values of 219157.8031 million, 112290.2806 million, 57687.9624 million, 38831.6361 million, 31064.8498 million, which were up 50.08%, up 51.95%, down 14.62%, up 47.93%, up 54.53% comparing with the same period of last year and account for 26.26%, 13.46%, 6.91%, 4.65%, 3.72% of CHINA's total imports and exports.

During the current year until 202102, 85, 84, 94, 39, 87 were CHINA's top five traded commodities, with total import and export values of 126892.2120 million, 79887.8886 million, 21208.1355 million, 18610.9089 million, 17023.3589 million. These values correspond to 27.07%, 17.04%, 4.52%, 3.97%, 3.63% of CHINA's total exports and, respectively, were up 59.04%, up 64.91%, up 90.36%, up 90.21%, up 77.94% comparing to the same period of last year.

During the current year until 202102, 85, 27, 26, 84, 90 were CHINA's top five traded commodities, with total import values of 92265.5912 million, 52020.1049 million, 38438.5790 million, 32402.3920 million, 15188.1114 million. These values correspond to 25.24%, 14.23%, 10.51%, 8.86%, 4.15% of CHINA's total exports and, respectively, were up 39.29%, down 14.11%, up 47.94%, up 27.28%, up 21.03% comparing to the same period of last year.



Data Source: General Administration of Customs of China