What is China’s top 5 exports
Yearly Trade
During the last five reported years the exports of China have changed by $1.12T from $2.22T in 2016 to $3.34T in 2021. The most recent exports are led by Broadcasting Equipment ($231B), Computers ($192B), Integrated Circuits ($158B), Office Machine Parts ($101B), and Telephones ($53.9B).
What are China’s top 10 exports
So, what are the top 10 Chinese exportsElectrical Machinery and Equipment – US$804.5 billion (26.6% of total exports from China)Machinery including Computers – US$492.3 billion (16.3% of total exports)Furniture, Bedding, Lighting, Signs & Prefabricated Buildings – US$126.3 billion (4.2% of total exports)
What are China’s most exports
The top Chinese exports are broadcasting equipment, computers, and integrated circuits. In fact, China exported $223 billion worth of broadcasting equipment alone in 2021. China also exported $156 billion worth of computers in 2021.
What are the biggest imports from China
Top 10 Most-Imported Products From ChinaLithium ion batteries ($7.3 billion)Monitors for automatic data processing machines ($7 billion)Pharmaceuticals in pre-measured doses ($6.9 billion)Accessories for computers and other data processors ($6.8 billion)Plastic items ($4.6 billion)
Why China is the biggest exporter in the world
Because of the generally low wages given to Chinese factory workers, China quickly became known as the workshop of the world. This is why big companies such as Apple and Adidas choose to manufacture there and why Amazon sellers import from these Chinese cities.
What are the top 3 major exports
Top 5 U.S. ExportsGasoline and Other Fuels.Crude Petroleum.Liquified Natural Gas (LNG) and Other Natural Gases.Civilian Aircraft Parts.Passenger Vehicles.
Why China is the largest exporter
Thanks to its enormous trade surplus over the past few years, China has become the world's largest exporter and ranks second among the world's largest importers. Despite its strict policies, the country is fairly open to foreign trade, which represented 37% of its GDP in 2022 (World Bank, 2023).
What does China trade the most
The great bulk of China's exports consists of manufactured goods, of which electrical and electronic machinery and equipment and clothing, textiles, and footwear are by far the most important. Agricultural products, chemicals, and fuels are also significant exports.
What are the top 3 imports of China
Searchable List of China's Most Valuable Import Products
| Rank | China's Import Product | Change |
|---|---|---|
| 1 | Integrated circuits/microassemblies | -4% |
| 2 | Crude oil | +41.6% |
| 3 | Iron ores, concentrates | -29.9% |
| 4 | Petroleum gases | +48.2% |
What are 3 major imports of China
In 2021, China's major import products included integrated circuits, crude oil, and iron ore.
What are the top 3 China exports
China's Top 10 ExportsElectrical machinery, equipment: US$954.8 billion (26.6% of total exports)Machinery including computers: $552 billion (15.4%)Vehicles: $150.2 billion (4.2%)Plastics, plastic articles: $143.5 billion (4%)Furniture, bedding, lighting, signs, prefabricated buildings: $130.9 billion (3.6%)
Which country is export No 1
CHINA
World's 10 Largest Exporters
| NO | COUNTRY | YEARLY EXPORTS VALUE |
|---|---|---|
| 1 | CHINA | $2.64 Trillion |
| 2 | UNITED STATES | $2.52 trillion |
| 3 | GERMANY | $1.81 trillion |
| 4 | FRANCE | $969 billion |
What does China mainly produce
China is the world's leading manufacturer of chemical fertilizers, cement, and steel.
What is the main trade of China
The great bulk of China's exports consists of manufactured goods, of which electrical and electronic machinery and equipment and clothing, textiles, and footwear are by far the most important. Agricultural products, chemicals, and fuels are also significant exports.
Where does China get most of its money
China's economy has grown to one of the largest and most powerful in the world over the past few decades. Driven by industrial production and manufacturing exports, China's GDP is actually now the largest in terms of purchasing power parity (PPP) equivalence.
What is China the largest producer of
China is the biggest producer and exporter of plastic products, accounting for nearly 30 percent of the world's total.
What are the top 5 major exports
Top 5 U.S. ExportsGasoline and Other Fuels.Crude Petroleum.Liquified Natural Gas (LNG) and Other Natural Gases.Civilian Aircraft Parts.Passenger Vehicles.
What is the highest value export of Vietnam
Export value of leading commodities Vietnam 2022
In 2022, phones and the related components exports had the largest value amongst Vietnam's major commodities exports, at approximately 59.3 billion U.S. dollars.
What are top 5 industries of China
Biggest Industries by Revenue in China in 2023Copper Ore Mining in China.Building Construction in China.Online Shopping in China.Real Estate Development and Management in China.5. Mail-Order & Online Shopping in China.Residential Real Estate in China.Bridge, Tunnel and Subway Construction in China.
Why is China the largest exporter in global trade
Special economic zones (SEZs) in China played a major role in the country's economic boom and the growth of exports. Within SEZs, such as Shenzhen, China offered tax incentives to foreign investors. These incentives included the ability to import equipment and technology tax-free.
How did China get so rich so fast
China's economy has grown to one of the largest and most powerful in the world over the past few decades. Driven by industrial production and manufacturing exports, China's GDP is actually now the largest in terms of purchasing power parity (PPP) equivalence.
What is China rich in
Lead and zinc are available, and bauxite resources are thought to be plentiful. China's antimony reserves are the largest in the world. Tin resources are plentiful, and there are fairly rich deposits of gold. There are important deposits of phosphate rock in a number of areas.
Is China the world’s largest exporter
China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country's total exports amounted to $2.641 trillion in 2019. 2 In 2013, China became the largest trading nation in the world. 1 The United States previously held that position.
Who is Vietnam’s biggest trading partner
China
Vietnam's trade with largest partners in 2022
Data from the General Department of Customs shows in 2022, China is Vietnam's largest trading partner with a total two-way trade turnover of 175.57 billion USD, followed by the US (123.86 billion USD), the Republic of Korea (86.38 billion USD) and Japan (47.61 billion USD).
What is the economy of Vietnam ranked
36
Worldwide gross domestic product in 2022 was at about 12,749 USD per capita. GDP in Vietnam, on the other hand, reached USD 4,194 per capita, or 408.80 billion USD for the whole country. Vietnam is therefore currently ranked 36 of the major economies. Inflation in Vietnam in 2022 was around 3.16%.
