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Monitor Report of CHINA trade in 202211

According to Dalian Infobank, in 202211, CHINA's exports and imports of goods amounted to 521753.3724 million, and were down 9.74% comparing with the same period of last year. Among these, exports were down 9.05% at 295500.7699 million, and imports were down 10.63% at 226252.6025 million. And the corresponding trade surplus was 69248.1675 million and down 3.48%.

During the current year until 202211, CHINA's total exports and imports of goods were 5787318.4399 million and were up 5.90% comparing to the same period of last year. Among these, exports were 3298373.9296 million and up 9.09%; imports were 2488944.5103 million and up 1.94%. The total trade surplus was 809429.4193 million and up 39.09%.

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 202211, CHINA's imports and exports to five countries/territories were 698031.1982 million, 336242.9513 million, 329134.6727 million, 295978.9702 million, 279683.6776 million. These values correspond to 12.06%, 5.81%, 5.69%, 5.11%, 4.83% of CHINA's imports and exports, and, respectively, were up 2.33%, up 2.61%, down 2.96%, down 0.27%, down 12.97% comparing to the same period of last year.

Current year until 202211, 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 202211, CHINA's exports to these five countries/territories were 536241.8281 million, 272662.4832 million, 158989.4521 million, 150497.9733 million, 134373.1141 million. These values correspond to 16.26%, 8.27%, 4.82%, 4.56%, 4.07% of CHINA's exports and, respectively, were up 3.17%, down 12.71%, up 5.11%, up 12.39%, up 6.82% comparing with the same period of last year.

Current year until 202211, 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 202211, CHINA's imports from these five countries/territories were 220852.7969 million, 185744.9780 million, 170145.2205 million, 161789.3701 million, 129969.7396 million. These values correspond to 8.87%, 7.46%, 6.84%, 6.50%, 5.22% of CHINA's total imports and, respectively, were down 2.28%, down 4.15%, down 9.46%, down 0.38%, down 15.31% comparing with the same period of last year.

During the current year until 202211, the trade surplus of CHINA was mainly from UNITED STATES, HONG KONG, NETHERLANDS, INDIA, MEXICO at 374452.4580 million, 265641.2888 million, 96577.0979 million, 92652.3749 million, 55009.6878 million, and up 4.79%, down 12.44%, up 22.02%, up 50.55%, up 26.27%. And the trade deficits were mainly from TAIWAN, CHINA, AUSTRALIA, BRAZIL, SAUDI ARABIA at 145726.6236 million, 112100.3136 million, 58346.0377 million, 43124.8520 million, 37693.0177 million, and down 6.13%, down 20.65%, down 37.86%, down 22.63%, up 55.14%.

Current year until 202211, CHINA's trade surplus or deficit with top five countries/territories During the current year until 202211,  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 1470907.8372 million, 695999.1148 million, 540508.1161 million, 212744.5759 million, 212492.0640 million, which were up 4.69%, down 0.98%, up 35.54%, down 18.87%, up 12.49% comparing with the same period of last year and account for 25.42%, 12.03%, 9.34%, 3.68%, 3.67% of CHINA's total imports and exports.

During the current year until 202211, 85, 84, 87, 39, 94 were CHINA's top five traded commodities, with total import and export values of 877204.5406 million, 508832.0464 million, 137338.7239 million, 132319.9717 million, 119991.8230 million. These values correspond to 26.60%, 15.43%, 4.16%, 4.01%, 3.64% of CHINA's total exports and, respectively, were up 9.29%, up 3.41%, up 26.15%, up 12.09%, down 4.88% comparing to the same period of last year.

During the current year until 202211, 85, 27, 26, 84, 71 were CHINA's top five traded commodities, with total import values of 593703.2966 million, 484045.0526 million, 209090.0377 million, 187167.0684 million, 92111.0139 million. These values correspond to 23.85%, 19.45%, 8.40%, 7.52%, 3.70% of CHINA's total exports and, respectively, were down 1.44%, up 34.69%, down 18.95%, down 11.23%, up 29.81% comparing to the same period of last year.



Data Source: General Administration of Customs of China