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Monitor Report of CHINA trade in 202104

According to Dalian Infobank, in 202104, CHINA's exports and imports of goods amounted to 484920.3570 million, and were up 36.93% comparing with the same period of last year. Among these, exports were up 32.25% at 263856.7799 million, and imports were up 42.98% at 221063.5770 million. And the corresponding trade surplus was 42793.2029 million and down 4.71%.

During the current year until 202104, CHINA's total exports and imports of goods were 1787846.6805 million and were up 38.07% comparing to the same period of last year. Among these, exports were 973831.4140 million and up 44.04%; imports were 814015.2665 million and up 31.55%. The total trade surplus was 159816.1476 million and up 178.99%.

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 202104, CHINA's imports and exports to five countries/territories were 221739.1631 million, 118515.3362 million, 108902.3772 million, 103466.4699 million, 97878.3784 million. These values correspond to 12.40%, 6.63%, 6.09%, 5.79%, 5.47% of CHINA's imports and exports, and, respectively, were up 61.94%, up 24.80%, up 27.98%, up 41.15%, up 36.45% comparing to the same period of last year.

Current year until 202104, 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 202104, CHINA's exports to these five countries/territories were 161239.0886 million, 100546.1017 million, 52444.7437 million, 44919.4215 million, 44200.3030 million. These values correspond to 16.56%, 10.32%, 5.39%, 4.61%, 4.54% of CHINA's exports and, respectively, were up 60.85%, up 41.00%, up 21.25%, up 51.51%, up 33.09% comparing with the same period of last year.

Current year until 202104, 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 202104, CHINA's imports from these five countries/territories were 74051.7804 million, 66070.5925 million, 64702.0742 million, 60500.0745 million, 48531.8934 million. These values correspond to 9.10%, 8.12%, 7.95%, 7.43%, 5.96% of CHINA's total imports and, respectively, were up 36.78%, up 27.78%, up 24.70%, up 64.92%, up 28.30% comparing with the same period of last year.

During the current year until 202104, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, INDIA, UNITED KINGDOM at 100739.0142 million, 97625.7334 million, 25331.3074 million, 19250.1505 million, 16974.6067 million, and up 58.49%, up 40.84%, up 49.13%, up 41.93%, up 108.25%. And the trade deficits were mainly from TAIWAN, CHINA, AUSTRALIA, SOUTH KOREA, JAPAN at 50225.1824 million, 46290.0596 million, 29218.9561 million, 20501.7712 million, 13625.8488 million, and up 37.44%, up 32.75%, up 21.13%, up 9.79%, up 61.15%.

Current year until 202104, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202104,  commodities with hs2 codes, 85, 84, 27, 26, 39, were CHINA's top five traded commodities. They correspond to the import and export values of 462460.1630 million, 239514.3816 million, 127255.3133 million, 86357.9069 million, 67305.5080 million, which were up 37.88%, up 35.22%, up 7.77%, up 64.68%, up 49.93% comparing with the same period of last year and account for 25.87%, 13.40%, 7.12%, 4.83%, 3.76% of CHINA's total imports and exports.

During the current year until 202104, 85, 84, 94, 39, 87 were CHINA's top five traded commodities, with total import and export values of 262809.7584 million, 166870.0292 million, 40995.0192 million, 40149.7341 million, 34653.7953 million. These values correspond to 26.99%, 17.14%, 4.21%, 4.12%, 3.56% of CHINA's total exports and, respectively, were up 44.94%, up 39.73%, up 69.00%, up 65.14%, up 70.01% comparing to the same period of last year.

During the current year until 202104, 85, 27, 26, 84, 90 were CHINA's top five traded commodities, with total import values of 199650.4046 million, 113333.0884 million, 85214.3806 million, 72644.3524 million, 34587.6029 million. These values correspond to 24.53%, 13.92%, 10.47%, 8.92%, 4.25% of CHINA's total exports and, respectively, were up 29.58%, up 10.25%, up 64.43%, up 25.89%, up 19.86% comparing to the same period of last year.



Data Source: General Administration of Customs of China