In 2024, the total value of Chinese merchandise imports and exports amounted to about 43.8 trillion yuan. This indicated approximately five percent growth compared to the previous year. China’s international trade relations In 2012, China surpassed the United States to become to the world’s largest trading country in terms of exports and imports of goods. While the United States remained the largest import nation with an import value of around 3.17 trillion U.S. dollars in 2023, China ranked first in global exports with an export value of some 3.38 trillion U.S. dollars in 2023.According to the National Bureau of Statistics of China, in 2023, the United States was the second most significant export partner of China with a share in total exports of about 14.7 percent. China is also one of the United States’ most potential markets for exports. As of 2024, exports from the United States to China had expanded more than seven-fold since China joined the World Trade Organization in 2001. The European Union was the third most important export partner of China as of 2024, after ASEAN and the United States. Exports to the EU are dominated by industrial and consumer goods such as machinery and equipment, as well as footwear and clothing. Chinese imports from the EU are mainly machinery and transport equipment, chemical products and miscellaneous manufactured articles. Hong Kong plays a unique role in intermediating and facilitating trade between China and the rest of the world. Mainland Chinese companies sell goods to Hong Kong which re-exports them at marked up prices. Majority of exports from Hong Kong are re-exports.

China Exports to United States was US$501.22 Billion during 2023, according to the United Nations COMTRADE database on international trade. China Exports to United States - data, historical chart and statistics - was last updated on May of 2025.

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.

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.

In 2024, the total value of the U.S. trade in goods with China amounted to around 583 billion U.S. dollars composed of a 143.55 billion U.S. dollars export value and a 438.95 billion U.S. dollars import value. This represented a negative trade balance of 295.4 billion U.S. dollars.

Exports of goods and services (% of GDP) in China was reported at 19.74 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Exports of goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for China (XTEXVA01CNQ664S) from Q1 1992 to Q1 2025 about China, exports, trade, and goods.

China Exports to Russia was US$110.94 Billion during 2023, according to the United Nations COMTRADE database on international trade. China Exports to Russia - data, historical chart and statistics - was last updated on April of 2025.

Graph and download economic data for Real Exports of Goods for China (NXGRXDCCNA) from 1982 to 2019 about China, exports, goods, and real.

China trade to gdp ratio for 2023 was 37.32%, a 1.03% decline from 2022.

<ul style='margin-top:20px;'>

<li>China trade to gdp ratio for 2022 was <strong>38.35%</strong>, a <strong>1.05% increase</strong> from 2021.</li>
<li>China trade to gdp ratio for 2021 was <strong>37.30%</strong>, a <strong>2.55% increase</strong> from 2020.</li>
<li>China trade to gdp ratio for 2020 was <strong>34.75%</strong>, a <strong>1.14% decline</strong> from 2019.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

In 2024, mechanical and electrical products exported from China to Russia were valued at approximately 43.3 billion U.S. dollars. This was more than twice the 2019 value. Vehicles, aircraft, and vessels was the second largest export commodity group.

Key information about China Exports: ICT Goods

• China Exports: ICT Goods was reported at 813,552,114.300 USD th in Dec 2022
• This records a decrease from the previous number of 857,504,775.400 USD th for Dec 2021
• China Exports: ICT Goods data is updated yearly, averaging 508,012,201.400 USD th from Dec 2000 to 2022, with 23 observations
• The data reached an all-time high of 857,504,775.400 USD th in 2021 and a record low of 44,134,680.700 USD th in 2000
• China Exports: ICT Goods data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Electronic Sector – Table RF.UNCTAD.ICT: ICT Goods: Total: Export Value

China's share of exports in gross domestic product (GDP) amounted to approximately 18.9 percent in 2024, increasing slightly from the previous year. The total Chinese merchandise export value amounted to around 25.5 trillion yuan that year.

Net trade in goods and services (BoP, current US$) in China was reported at 386063151780 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Net trade in goods and services (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In May 2025, the total value of imports to China amounted to around ***** billion U.S. dollars. This indicated a slight decrease in import value compared to the same period of the previous year. Import trade partners As of 2023, China was the world’s second-largest importer of merchandise goods, representing **** percent of worldwide imports. Over the last decade, the value of imports to China has increased significantly.In 2024, ASEAN and the European Union were China’s most important import trade partners, with an import value of about **** trillion yuan and **** trillion yuan respectively. About ** percent of China’s imports from the European Union were manufactured goods; the main import commodities to China were machinery and transport equipment. Trade balance With a merchandise trade surplus of more than *** billion U.S. dollars in 2023, China is still the nation with the highest trade surplus worldwide. Despite the pandemic, China exported nearly **** trillion U.S. dollar-worth of goods in 2024, setting another record in history. Nevertheless, a rising number of economists have estimated a downturn in China's economic development recently.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for China (XTEXVA01CNM659S) from Jan 1993 to Apr 2025 about China, exports, trade, and goods.

China Trade Index: MoM: Unit Value: Export: BEC: Capital Goods & Accessories: Capital Goods excl Transport Equip data was reported at 98.893 Average 12 Mths PY=100 in Dec 2023. This records a decrease from the previous number of 102.400 Average 12 Mths PY=100 for Nov 2023. China Trade Index: MoM: Unit Value: Export: BEC: Capital Goods & Accessories: Capital Goods excl Transport Equip data is updated monthly, averaging 101.600 Average 12 Mths PY=100 from Jan 2018 (Median) to Dec 2023, with 71 observations. The data reached an all-time high of 125.800 Average 12 Mths PY=100 in Oct 2022 and a record low of 92.300 Average 12 Mths PY=100 in Aug 2023. China Trade Index: MoM: Unit Value: Export: BEC: Capital Goods & Accessories: Capital Goods excl Transport Equip data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JE: Unit Value Index: MoM: Broad Economic Categories.

This statistic shows the United States goods trade deficit with China from 2014 to 2024. In 2024, the value of U.S. imports from China exceeded the exports to China by around 295.4 billion U.S. dollars.

China recorded a trade surplus of 103.22 USD Billion in May of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China tariff rates for 2021 was 2.31%, a 0.16% decline from 2020.

<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.