The statistic shows a ranking of the top 20 import countries worldwide in 2023. In 2023, the U.S. was the leading import country in the world with an import value of about **** trillion U.S. dollars. Import and export worldwide Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports. If the balance is positive, i.e. if the value of exports is higher than that of imports, it is called a trade surplus. If it is negative and import values exceed export values, it represents a trade deficit. Worldwide trade is regulated by the World Trade Organization (WTO). It provides a framework for trade agreements and helps in resolving disputes. Since its foundation in 1995, more than 150 countries have become members of the WTO and obligated themselves to follow its regulations. The worldwide export volume in trade since 1950 has tripled, and a similar development can be observed in the worldwide import trade volume since 1950. Europe is leading the ranking regarding the value of worldwide export volume of trade by region, but the value of goods exported by Asia is almost up to par. Both continents are also the top destination regions of inter-regional trade worldwide. The United States, China, and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment, and machinery. The volume of commodities traded worldwide has increased dramatically over the past few years.
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China's total Imports in 2024 were valued at US$2.59 Trillion, according to the United Nations COMTRADE database on international trade. China's main import partners were: South Korea, the United States and Japan. The top three import commodities were: Electrical, electronic equipment; Mineral fuels, oils, distillation products and Ores slag and ash. Total Exports were valued at US$3.58 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.
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The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.
In 2024, China imported approximately 2.73 trillion yuan worth of goods from ASEAN, its major import partner. In the same year, around 1.92 trillion yuan worth of goods were imported to China from the European Union.
The value of exports of China amounted to almost 3.4 trillion U.S. dollars in 2023, meaning that it was, by far, the country with the highest exports worldwide that year. China's export market The value of goods exported from China increased rapidly from 2020 to 2021. By 2021, China accounted for about 15 percent of global merchandise exports and about six percent of global service exports. The leading export products of China were machinery and transport equipment, with an export value of about 1.7 trillion U.S. dollars in 2022. U.S. export market The United States recorded an export value of over two trillion U.S. dollars in 2023, making it the world's second-largest exporter. The main trading partners of the U.S. are Canada, Mexico, and China. In 2022, among the products exported by the U.S., petroleum and coal saw the largest growth in export value at 60 percent. Texas and California were the top two U.S. states ranked by value of exports in 2023. Texas ranked first with exports valued at 444.5 billion U.S. dollars. As far as global imports are concerned, the United States was the leading country as of 2022, with an import value of about 3.4 trillion U.S. dollars.
In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2024.
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China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.
The largest portion of India's imports originated from China, representing more than 15 percent of the total imports in the financial year 2024, with Russia following at over nine percent. Conversely, during the same period, India's primary exports were directed towards the United States. India’s import mix India's imports encompass a wide range of goods, with some key commodities dominating the landscape. Among these critical imports are crude oil, gold, and petroleum products. Crude oil, constituting approximately 20 percent of total imports, is critical due to the nation’s reliance on energy sources. In addition, India, as a major textile producer, has witnessed a significant rise in textile imports over the years to meet the diverse consumer and industrial demands. Trade balance In the recent past, the country experienced a notable change in its trade balance-to-GDP ratio. This ratio, which reflects the relationship between the country's trade activities and the size of its economy, saw a significant decrease of 8.5 percent in fiscal year 2023. In other words, the country was importing more goods and services than it was exporting during the period.
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China Imports from United States was US$164.59 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Imports from United States - data, historical chart and statistics - was last updated on July of 2025.
In 2024, China imported approximately 2.59 trillion U.S. dollars worth of goods. This indicated an increase in import value by about 1.1 percent compared to the previous year. Import development in ChinaIn 2013, China had surpassed the United States as the world’s largest goods trader. That year, China’s imports and exports had summed up to more than four trillion U.S. dollars. There has been a fairly steady increase in imports over the last decade with the exception of 2009 and 2015-2016. China’s imports of goods had decreased by around eleven percent due to the global financial crisis in 2009, before recovering to a positive growth in 2010. In 2015, Chinese imports went down by 13.2 percent due to the global uncertainty following several geopolitical conflicts, disease outbreaks, and terrorism, according to the commerce minister of China.In 2023, China's import contribution to the gross domestic product (GDP) ranged at around 14 percent. In the same year, Chinese exports exceeded the country's imports by around 822.1 billion U.S. dollars creating a hefty merchandise trade surplus. ASEAN and the European Union countries were China’s most important import trade partners, with imports worth approximately 2.7 trillion yuan and 1.9 trillion yuan respectively in 2023.
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Mexico's total Imports in 2024 were valued at US$625.87 Billion, according to the United Nations COMTRADE database on international trade. Mexico's main import partners were: the United States, China and South Korea. The top three import commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Exports were valued at US$618.98 Billion. In 2024, Mexico had a trade deficit of US$6.89 Billion.
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China Logistics Industry: Logistics Value: Imported Good data was reported at 18,000.000 RMB bn in 2023. This records a decrease from the previous number of 18,100.000 RMB bn for 2022. China Logistics Industry: Logistics Value: Imported Good data is updated yearly, averaging 6,857.000 RMB bn from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 18,100.000 RMB bn in 2022 and a record low of 339.500 RMB bn in 1991. China Logistics Industry: Logistics Value: Imported Good data remains active status in CEIC and is reported by China Federation of Logistics & Purchasing. The data is categorized under China Premium Database’s Transportation and Storage Sector – Table CN.TL: Logistics Value.
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Japan's total Imports in 2024 were valued at US$742.67 Billion, according to the United Nations COMTRADE database on international trade. Japan's main import partners were: China, the United States and Australia. The top three import commodities were: Mineral fuels, oils, distillation products; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Exports were valued at US$707.39 Billion. In 2024, Japan had a trade deficit of US$35.28 Billion.
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China Share in World Imports: Value Imports: Good and Services: expressed in USD data was reported at 10.693 Ratio in 2026. This records an increase from the previous number of 10.623 Ratio for 2025. China Share in World Imports: Value Imports: Good and Services: expressed in USD data is updated yearly, averaging 4.990 Ratio from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 11.502 Ratio in 2021 and a record low of 0.771 Ratio in 1982. China Share in World Imports: Value Imports: Good and Services: expressed in USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Trade Statistics: Share in World Trade and Performance Indicators: Forecast: Non OECD Member: Annual. MSHA - Share of value imports of goods and services in world imports in USD OECD calculation, see OECD Economic Outlook database documentation
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<ul style='margin-top:20px;'>
<li>China trade balance for 2022 was <strong>577.85 billion US dollars</strong>, a <strong>25.39% increase</strong> from 2021.</li>
<li>China trade balance for 2021 was <strong>460.83 billion US dollars</strong>, a <strong>29.76% increase</strong> from 2020.</li>
<li>China trade balance for 2020 was <strong>355.15 billion US dollars</strong>, a <strong>167.45% increase</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
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<ul style='margin-top:20px;'>
<li>China exports for 2022 were <strong>3.718 trillion US dollars</strong>, a <strong>4.61% increase</strong> from 2021.</li>
<li>China exports for 2021 were <strong>3.554 trillion US dollars</strong>, a <strong>30.19% increase</strong> from 2020.</li>
<li>China exports for 2020 were <strong>2.730 trillion US dollars</strong>, a <strong>3.84% increase</strong> from 2019.</li>
</ul>Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
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<ul style='margin-top:20px;'>
<li>China tariff rates for 2020 was <strong>2.47%</strong>, a <strong>0.06% decline</strong> from 2019.</li>
<li>China tariff rates for 2019 was <strong>2.53%</strong>, a <strong>0.86% decline</strong> from 2018.</li>
<li>China tariff rates for 2018 was <strong>3.39%</strong>, a <strong>0.44% decline</strong> from 2017.</li>
</ul>Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.
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South Korea Imports: Value: China: Pharmaceutical Products data was reported at 21.336 USD mn in Mar 2025. This records an increase from the previous number of 20.551 USD mn for Feb 2025. South Korea Imports: Value: China: Pharmaceutical Products data is updated monthly, averaging 9.943 USD mn from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 91.690 USD mn in Mar 2022 and a record low of 0.475 USD mn in Sep 2000. South Korea Imports: Value: China: Pharmaceutical Products data remains active status in CEIC and is reported by Korea Customs Service. The data is categorized under Global Database’s South Korea – Table KR.JA015: Trade Statistics: Import: Value: HS Code: 2 Digits: Top 20 Countries.
In April 2025, the trade surplus in China amounted to approximately ***** billion U.S. dollars. A positive value implies a trade surplus, a negative trade balance implies a trade deficit. International trade in China China surpassed the United States as the worlds’ largest goods trading economy in 2013. Despite the impacts of the global coronavirus pandemic, the total value of China’s imports and exports amounted to more than *** trillion U.S. dollars in 2024.China has become a vital trade partner for many economies. In 2024, over *** billion U.S. dollars worth of the United States’ imports originated in China, making China its second-largest import partner. A trade surplus occurs when exports of a country exceed its imports. It leads to a net inflow of domestic currency from foreign countries. The trade balance is a major growth factor for an economy. Because of running a large trade surplus, China holds a vast amount of foreign exchange reserves. Foreign exchange reserves may be viewed as a sign of national strength, but also represent a form of forced savings on the people. China was the country with the highest trade surplus of approximately ****** billion U.S. dollars as of 2023.
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South Korea Imports: Value: China: Photographic or Cinematographic Goods data was reported at 12.407 USD mn in Mar 2025. This records an increase from the previous number of 10.588 USD mn for Feb 2025. South Korea Imports: Value: China: Photographic or Cinematographic Goods data is updated monthly, averaging 8.800 USD mn from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 18.408 USD mn in May 2022 and a record low of 0.149 USD mn in Oct 2000. South Korea Imports: Value: China: Photographic or Cinematographic Goods data remains active status in CEIC and is reported by Korea Customs Service. The data is categorized under Global Database’s South Korea – Table KR.JA015: Trade Statistics: Import: Value: HS Code: 2 Digits: Top 20 Countries.
The statistic shows a ranking of the top 20 import countries worldwide in 2023. In 2023, the U.S. was the leading import country in the world with an import value of about **** trillion U.S. dollars. Import and export worldwide Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports. If the balance is positive, i.e. if the value of exports is higher than that of imports, it is called a trade surplus. If it is negative and import values exceed export values, it represents a trade deficit. Worldwide trade is regulated by the World Trade Organization (WTO). It provides a framework for trade agreements and helps in resolving disputes. Since its foundation in 1995, more than 150 countries have become members of the WTO and obligated themselves to follow its regulations. The worldwide export volume in trade since 1950 has tripled, and a similar development can be observed in the worldwide import trade volume since 1950. Europe is leading the ranking regarding the value of worldwide export volume of trade by region, but the value of goods exported by Asia is almost up to par. Both continents are also the top destination regions of inter-regional trade worldwide. The United States, China, and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment, and machinery. The volume of commodities traded worldwide has increased dramatically over the past few years.