Who does China mostly trade with?

Who does China mainly 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.

Who does China sell the most goods to

The most common destination for the exports of China are United States ($530B), Hong Kong ($323B), Japan ($168B), South Korea ($140B), and Germany ($134B).

Who does China export the most too

China exported $438 billion worth of materials and goods to the United States in 2021. The United States received $176 billion more in exports from China in 2021 than the country that is second on this list. Hong Kong was number two in terms of China exports by country in 2021.

How well does China trade with the world

Over the past several decades, Chinese trade has expanded at a breakneck pace. In 1995, the value of China's imports and exports of goods totaled $280.9 billion or 3 percent of global trade. By 2018, its total trade in goods had jumped to $4.6 trillion or 12.4 percent of global trade.

Who is Korea’s largest trading partner

South Korea is heavily integrated into international trade and finance and is subsequently highly vulnerable to external influences, especially from China, which is its main trade partner (26% of total exports in 2022), followed by United States (16%), Vietnam (9.2%), Hong Kong (6%) and Japan (4.8%).

Is China the biggest trading partner of the EU

China is the most important trading partner of the European Union: In 2021, the EU and China traded goods worth € 696 bn (imports and exports). This represents 16% of all EU trade in goods.

Who is the biggest buyer from China

United States
List of largest trading partners of China

Rank Country / Territory Trade balance
ASEAN 159.2
European Union 276.6
1 United States 404.4
2 South Korea -37.0

What products does China mainly trade

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 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)

Who is the largest trading partner

Who Does the U.S. Trade Most With In 2021, U.S trade of goods amounted to nearly $4.6 trillion and Canada, Mexico, and China were America's largest trading partners.

What was China’s main trade good

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.

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

Who is Asean top trading partner

China
List of the largest trading partners of the ASEAN

Rank Country/District Trade Balance
World 55.0
1 China −107.6
2 United States 145.9
3 European Union 35.7

Who is the #1 import partner of China

List of largest trading partners of China

Rank Country / Territory China imports
1 United States 177.6
2 South Korea 199.6
3 Japan 184.4
4 Taiwan 238.1

What are China’s top 3 trading partners

China's Top Trading PartnersUnited States: US$582.8 billion (16.2% of China's total exports)Hong Kong: $297.5 billion (8.3%)Japan: $172.9 billion (4.8%)South Korea: $162.6 billion (4.5%)Vietnam: $147 billion (4.1%)India: $118.5 billion (3.3%)Netherlands: $117.7 billion (3.3%)Germany: $116.2 billion (3.2%)

Who is China’s largest wholesaler

Many importers, even those new to the business, have heard of the twice-yearly Canton Fair in Guangzhou. But less well-known is Yiwu Market, a city home to the largest wholesale market in the world. This market contains nearly 40,000 shops wholesaling nearly every commodity you can think of.

Who is China’s biggest trading partner in Europe

Trade with China by EU Member State

Czechia (47.7 %) had the highest share for China in its extra-EU imports. Table 1b shows the exports of goods to China by EU Member State. The three largest exporters to China in the EU were Germany (€106 853 million), France (€23 705 million) and the Netherlands (€18 691 million).

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 does China produce the most

China is the world's leading manufacturer of chemical fertilizers, cement, and steel.

What does China trade with

China's FTA partners are ASEAN, Singapore, Pakistan, New Zealand, Chile, Peru, Costa Rica, Iceland, Switzerland, Maldives, Mauritius, Georgia, South Korea, Australia, Cambodia, Hong Kong, and Macao.

What do we trade with China

In 2021, of $151.1 billion in the U.S. exports to China, the top commodity were Machinery and Mechanical Appliances (23.9% of the total U.S. exports), Agriculture (20.9%), and Chemicals, Plastics, Rubber and Leather Goods (16.6%).

Who are the top 3 trading partners

China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals. U.K.

Did ASEAN become China’s largest trading partner

ASEAN became China's largest trading partner in 2020 for the first time, while China has been ASEAN's largest trade partner for 13 consecutive years since 2009. China's foreign trade with the EU reached 1.73 trillion yuan in the first four months, up 6.8 per cent on a yearly basis.

Who is the biggest importer to China

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China Imports By Country Value Year
United States $178.96B 2022
Australia $142.09B 2022
China $122.88B 2022
Russia $114.15B 2022

Is China Vietnam’s top trading partner

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).