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Monitor Report of CHINA trade in 202207

According to Dalian Infobank, in 202207, CHINA's exports and imports of goods amounted to 564661.2495 million, and were up 11.01% comparing with the same period of last year. Among these, exports were up 17.94% at 332964.2563 million, and imports were up 2.36% at 231696.9932 million. And the corresponding trade surplus was 101267.2631 million and up 80.98%.

During the current year until 202207, CHINA's total exports and imports of goods were 3642760.6661 million and were up 10.42% comparing to the same period of last year. Among these, exports were 2066825.5751 million and up 14.85%; imports were 1575935.0909 million and up 5.09%. The total trade surplus was 490890.4842 million and up 63.68%.

If considering by country (region), UNITED STATES, SOUTH KOREA, JAPAN, TAIWAN, HONG KONG were CHINA's top five trading partners. During the current year until 202207, CHINA's imports and exports to five countries/territories were 452683.6890 million, 215528.0848 million, 208803.4846 million, 192527.8458 million, 171014.7389 million. These values correspond to 12.43%, 5.92%, 5.73%, 5.29%, 4.69% of CHINA's imports and exports, and, respectively, were up 11.94%, up 9.12%, down 1.27%, up 7.76%, down 10.54% comparing to the same period of last year.

Current year until 202207, 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 202207, CHINA's exports to these five countries/territories were 347883.2417 million, 167148.7624 million, 99447.7470 million, 95865.4222 million, 83821.1643 million. These values correspond to 16.83%, 8.09%, 4.81%, 4.64%, 4.06% of CHINA's exports and, respectively, were up 15.12%, down 9.92%, up 6.57%, up 18.41%, up 4.16% comparing with the same period of last year.

Current year until 202207, 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 202207, CHINA's imports from these five countries/territories were 142482.4644 million, 119662.6625 million, 109355.7376 million, 104800.4473 million, 83387.8153 million. These values correspond to 9.04%, 7.59%, 6.94%, 6.65%, 5.29% of CHINA's total imports and, respectively, were up 5.53%, up 2.67%, down 7.46%, up 2.54%, down 12.54% comparing with the same period of last year.

During the current year until 202207, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, INDIA, VIETNAM at 243082.7944 million, 163282.7859 million, 60268.0187 million, 57626.9590 million, 37800.0715 million, and up 21.54%, down 9.25%, up 32.01%, up 76.67%, up 22.81%. And the trade deficits were mainly from TAIWAN, CHINA, AUSTRALIA, BRAZIL, RUSSIA at 92437.0830 million, 73276.1309 million, 40142.6616 million, 27353.8183 million, 24549.8802 million, and up 1.17%, down 14.11%, down 33.72%, down 24.00%, up 261.80%.

Current year until 202207, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202207,  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 915728.0888 million, 448042.9700 million, 332334.4055 million, 139866.0367 million, 131347.4260 million, which were up 9.88%, up 3.43%, up 39.37%, down 16.83%, up 9.87% comparing with the same period of last year and account for 25.14%, 12.30%, 9.12%, 3.84%, 3.61% of CHINA's total imports and exports.

During the current year until 202207, 85, 84, 39, 87, 94 were CHINA's top five traded commodities, with total import and export values of 540418.9720 million, 325687.0923 million, 85642.3306 million, 79524.0078 million, 76164.1520 million. These values correspond to 26.15%, 15.76%, 4.14%, 3.85%, 3.69% of CHINA's total exports and, respectively, were up 14.58%, up 8.21%, up 18.27%, up 22.59%, up 0.88% comparing to the same period of last year.

During the current year until 202207, 85, 27, 26, 84, 87 were CHINA's top five traded commodities, with total import values of 375309.1168 million, 302179.4695 million, 137454.8534 million, 122355.8777 million, 49253.1049 million. These values correspond to 23.82%, 19.17%, 8.72%, 7.76%, 3.13% of CHINA's total exports and, respectively, were up 3.76%, up 42.17%, down 16.97%, down 7.44%, down 6.64% comparing to the same period of last year.



Data Source: General Administration of Customs of China