Close

Monitor Report of CHINA trade in 202111

According to Dalian Infobank, in 202111, CHINA's exports and imports of goods amounted to 579339.1675 million, and were up 26.19% comparing with the same period of last year. Among these, exports were up 21.95% at 325525.2865 million, and imports were up 32.09% at 253813.8810 million. And the corresponding trade surplus was 71711.4055 million and down 4.11%.

During the current year until 202111, CHINA's total exports and imports of goods were 5469352.5934 million and were up 31.27% comparing to the same period of last year. Among these, exports were 3026569.9888 million and up 31.12%; imports were 2442782.6046 million and up 31.45%. The total trade surplus was 583787.3842 million and up 29.78%.

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 202111, CHINA's imports and exports to five countries/territories were 682396.2920 million, 339806.9016 million, 329382.5409 million, 322364.6958 million, 298283.4431 million. These values correspond to 12.48%, 6.21%, 6.02%, 5.89%, 5.45% of CHINA's imports and exports, and, respectively, were up 30.31%, up 18.93%, up 27.87%, up 31.95%, up 27.33% comparing to the same period of last year.

Current year until 202111, 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 202111, CHINA's exports to these five countries/territories were 520024.0905 million, 313319.6143 million, 151280.0911 million, 135447.8304 million, 125803.3504 million. These values correspond to 17.18%, 10.35%, 5.00%, 4.48%, 4.16% of CHINA's exports and, respectively, were up 28.32%, up 31.46%, up 17.10%, up 34.45%, up 24.93% comparing with the same period of last year.

Current year until 202111, CHINA's exports to top five countries/territories TAIWAN, SOUTH KOREA, JAPAN, 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 202111, CHINA's imports from these five countries/territories were 227511.5964 million, 193934.7104 million, 188526.8105 million, 162372.2015 million, 153204.2639 million. These values correspond to 9.31%, 7.94%, 7.72%, 6.65%, 6.27% of CHINA's total imports and, respectively, were up 26.17%, up 23.64%, up 20.45%, up 37.09%, up 42.67% comparing with the same period of last year.

During the current year until 202111, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, INDIA, UNITED KINGDOM at 357651.8891 million, 304274.5327 million, 79170.3716 million, 61568.3067 million, 55474.0029 million, and up 24.70%, up 30.94%, up 34.70%, up 54.00%, up 18.95%. And the trade deficits were mainly from TAIWAN, CHINA, AUSTRALIA, SOUTH KOREA, BRAZIL at 156739.7498 million, 141366.5601 million, 93607.4394 million, 58486.8800 million, 55714.4019 million, and up 24.03%, up 25.62%, up 57.05%, up 4.22%, up 16.83%.

Current year until 202111, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202111,  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 1410253.2129 million, 703130.8790 million, 397508.1585 million, 261468.9599 million, 193857.8692 million, which were up 25.79%, up 23.92%, up 43.63%, up 54.90%, up 29.52% comparing with the same period of last year and account for 25.78%, 12.86%, 7.27%, 4.78%, 3.54% of CHINA's total imports and exports.

During the current year until 202111, 85, 84, 94, 39, 87 were CHINA's top five traded commodities, with total import and export values of 805148.9883 million, 492164.7173 million, 126295.4187 million, 118134.8352 million, 108904.0614 million. These values correspond to 26.60%, 16.26%, 4.17%, 3.90%, 3.60% of CHINA's total exports and, respectively, were up 27.84%, up 25.08%, up 31.93%, up 38.09%, up 61.01% comparing to the same period of last year.

During the current year until 202111, 85, 27, 26, 84, 90 were CHINA's top five traded commodities, with total import values of 605104.2246 million, 358363.6176 million, 257231.6752 million, 210966.1618 million, 99691.0375 million. These values correspond to 24.77%, 14.67%, 10.53%, 8.64%, 4.08% of CHINA's total exports and, respectively, were up 23.17%, up 44.89%, up 53.95%, up 21.30%, up 13.04% comparing to the same period of last year.



Data Source: General Administration of Customs of China