What does China mainly trade in
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.
Who does China mostly trade with
China is the largest trading partner to Japan, South Korea, Vietnam, and Taiwan. Given their proximity, those countries are hardly a surprise. But it is also the top trader with Russia—and Ukraine. In Africa, China is the top partner for countries like South Africa and Kenya.
What are China’s main exports
Exports The top exports of China are Broadcasting Equipment ($231B), Computers ($192B), Integrated Circuits ($158B), Office Machine Parts ($101B), and Telephones ($53.9B), exporting mostly to United States ($530B), Hong Kong ($323B), Japan ($168B), South Korea ($140B), and Germany ($134B).
What are the trades of China with the world
As reported by WTO in 2023, exports of goods in 2021 were USD 3,363.8 billion and imports USD 2,688.6 billion, while exports and imports of services in 2021 reached USD 390.6 billion and USD 438 billion respectively.
What are China’s 3 main 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 is China’s top 5 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%)
Who are China’s main trading allies
China's imports and exports with ASEAN, the EU, and the U.S. — its top three trade partners — grew steadily in 2022, registering 6.52 trillion yuan (US$969.5 billion), 5.65 trillion yuan, and 5.05 trillion yuan, respectively, according to a press conference held in Beijing on Friday.
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%)
What is China’s top 5 export
Biggest Exporting Industries in China in 2023Smart Phone Manufacturing in China.Computer Manufacturing in China.Computer Peripheral Manufacturing in China.Building Construction in China.Software Development in China.Steel Rolling in China.Apparel Manufacturing in China. $51.6B.Battery Manufacturing in China. $46.9B.
What are China’s 3 biggest 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)
Who does China have free trade with
List Free Trade Agreements
| Countries/Regions Having FTAs with China | |
|---|---|
| FTA | Countries |
| China-Pakistan FTA | Pakistan |
| China-ASEAN FTA | Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam |
| Mainland and Hong Kong Closer Economic and Partnership Arrangement | Hong Kong |
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 are 5 major exports of China
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%)
What is China biggest import
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 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.
Who is the Big 5 trading partner of China
List of largest trading partners of China
| Rank | Country / Territory | Total trade |
|---|---|---|
| 1 | United States | 759.4 |
| 2 | South Korea | 362.2 |
| 3 | Japan | 357.4 |
| 4 | Taiwan | 319.7 |
What does Japan trade with China
The main products that Japan exported to China are Machinery Having Individual Functions ($9.41B), Cars ($8.85B), and Integrated Circuits ($8.46B). During the last 26 years the exports of Japan to China have increased at an annualized rate of 7.66%, from $22.5B in 1995 to $153B in 2021.
Why is China the biggest exporter
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.
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 |
Who are China’s economic allies
The PRC has bilateral investment agreements with over 100 countries and economies, including Austria, the Belgium-Luxembourg Economic Union, Canada, France, Germany, Italy, Japan, South Korea, Spain, Thailand, and the United Kingdom.
Does China do a lot of trade
As a result, China's share of global trade increased further during 2020, to nearly 15%. In 2021, China's trade recovery from the crisis has been impressive. In the first quarter of this year, its exports surged by almost 50% year-over-year, to about $710 billion.
Who owes China the most money
An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia — found paying back that debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel.
What is China rich at
China is the world's largest manufacturing economy and exporter of goods. It is also the world's fastest-growing consumer market and second-largest importer of goods. China is also the world's largest consumer of numerous commodities, and accounts for about half of global consumption of metals.
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 the 5 biggest imports
What Are the Major U.S. ImportsMachinery (including computers and hardware) – $386.4 billion.Electrical machinery – $367.1 billion.Vehicles and automobiles – $306.7 billion.Minerals, fuels, and oil – $241.4 billion.Pharmaceuticals – $116.3 billion.Medical equipment and supplies – $93.4 billion.
