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.

According to preliminary data, the agricultural sector contributed around 6.8 percent to the gross domestic product (GDP) of China in 2024, whereas 36.5 percent of the economic value added originated from the industrial sector and 54.6 percent from the service sector, respectively. The total GDP of China at current prices amounted to approximately 134.91 trillion yuan in 2024. Economic development in China The gross domestic product (GDP) serves as a primary indicator to measure the economic performance of a country or a region. It is generally defined as the monetary value of all finished goods and services produced within a country in a specific period of time. It includes all of private and public spending, government spending, investments, and net exports which are calculated as total exports minus imports. In other words, GDP represents the size of the economy.With its national economy growing at an exceptional annual growth rate of above nine percent for three decades in succession, China had become the worlds’ second largest economy by 2010, surpassing all other economies but the United States. Even though China's GDP growth has cooled down in recent years, its economy still expanded at roughly two times the pace of the United States in 2024. Breakdown of GDP in China When compared to other developed countries, the proportions of agriculture and industry in China's GDP are significantly higher. Even though agriculture is a major industry in the United States, it only accounted for about one percent of the economy in 2023. While the service sector contributed to more than 70 percent of the economy in most developed countries, it's share was considerably lower in China. This was not only due to China's lower development level, but also to the country’s focus on manufacturing and export. However, as the future limitations of this growth model become more and more apparent, China is trying to shift it's economic focus to the high-tech and service sectors. Accordingly, growth rates of the service sector have been considerably higher than in industry and agriculture in the years before the spread of the coronavirus pandemic.

China Contribution to(GDP) Gross Domestic ProductGrowth: Net Export of Goods and Service data was reported at 1.515 % in 2024. This records an increase from the previous number of -0.600 % for 2023. China Contribution to(GDP) Gross Domestic ProductGrowth: Net Export of Goods and Service data is updated yearly, averaging 0.100 % from Dec 1953 (Median) to 2024, with 72 observations. The data reached an all-time high of 4.000 % in 1994 and a record low of -6.900 % in 1985. China Contribution to(GDP) Gross Domestic ProductGrowth: Net Export of Goods and Service data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.AA: Gross Domestic Product: Contribution and Share to Growth.

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 July of 2025.

In 2024, the European Union countries imported approximately **** percent of the Chinese export volume. In that year, ASEAN was the largest Chinese merchandise importer. Distribution of Chinese exports In 2024, China exported goods with a total value of around **** trillion yuan and imported goods with a value of **** trillion yuan. That year, China ranked second among the countries with the largest gross domestic product, following the United States.China’s economic prosperity has been closely related to its status as the world’s factory. For about a decade between 2005 and 2015, exports contributed more than ** percent to China’s gross domestic product. However, the share of exports to GDP contribution is currently on the decline. Nonetheless, China maintains a trade surplus of about *** billion U.S. dollars and remains first among countries with the highest trade surplus worldwide as of 2023. While China displays high growth potential for service exports such as tourism, transportation, banking and financial services, as well as insurance and education services, the main focus of China’s export industry remains merchandise. In 2022, Chinese merchandise exports made up **** percent of all global exports, whereas service based exports contributed only *** percent.In terms of most exported merchandise categories, food and live animals used for food were the main primary goods. Among the manufactured goods, automatic data processing machines, integrated circuits, clothing, textiles, and smartphones were the categories with the highest export value in China in 2024.

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.

Key information about China Total Trade of Goods and Services: % of Nominal GDP

• China Total Trade of Goods & Services: % of Nominal GDP recorded 38.987 % in Sep 2024, compared with 39.025 % in the previous quarter.
• China Total Trade of Goods & Services: % of Nominal GDP data is updated quarterly, available from Mar 1998 to Sep 2024, with an averaged value of 40.632 %.
• The data reached an all-time high of 68.074 % in Sep 2006 and a record low of 30.763 % in Mar 1999.

CEIC calculates quarterly Total Trade of Goods and Services as % of Nominal GDP from quarterly Total Trade of Goods and Services and quarterly Nominal GDP. The State Administration of Foreign Exchange provides Total Trade of Goods and Services in USD and the National Bureau of Statistics provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Balance of Payments is used due to lack of National Accounts statistics.

Key information about China Export to Import Ratio

• China Export to Import Ratio was reported at 133.003 % in Dec 2023.
• This records an increase from the previous number of 130.596 % for Nov 2023.
• China Export to Import Ratio data is updated monthly, averaging 117.312 % from Jan 1992 to Dec 2023, with 384 observations.
• The data reached an all-time high of 176.127 % in Jan 2009 and a record low of 56.476 % in Feb 2020.
• China Export to Import Ratio 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.MEI: Export to Import Ratio: Non OECD Member.

Quantities of imports or exports are recorded in terms of units of quantity as specified in the Nomenclature for China Customs Statistics. The weight recorded represents the net weight of goods. Imports are valued on a cif basis and exports on a fob basis. Since 1980, the compilation of Customs statistics follows the concepts and definitions recommended by the United Nations, that is International Merchandise Trade Statistics: Concepts and Definitions, Rev. 2, New York, UN, 1998 (IMTS). Data include value of total imports and exports in million US dollars.

China Share in World Trade: Country's Trade: expressed in USD Volume data was reported at 0.126 % in 2026. This records an increase from the previous number of 0.124 % for 2025. China Share in World Trade: Country's Trade: expressed in USD Volume data is updated yearly, averaging 0.057 % from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 0.126 % in 2026 and a record low of 0.009 % in 1982. China Share in World Trade: Country's Trade: expressed in USD Volume 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. SHTGSVD - Share of country's trade, volume (in USD at OECD reference year prices) in world trade OECD calculation, see OECD Economic Outlook database documentation

In 2024, China exported approximately 3.58 trillion U.S. dollars worth of goods. This indicated an increase in export value of about 5.9 percent compared to the previous year. Export of goods from ChinaChina’s exports have been growing steadily over the past decade, with the exception of 2009 when financial crisis and global economic downturn slowed down global trade and 2016 witnessing another decrease in global demand. Apart from being the most populous country, China has also become the largest manufacturing economy and the largest exporter in the world. ASEAN, European Union, and United States were China's leading export partners in 2023. Machinery such as computers, broadcasting technology, and telephones as well as transport equipment make up the largest part of Chinese exports. This category amounted to approximately 1.65 trillion U.S. dollars in export value in 2023. When it comes to primary goods, food and live animals used for food are the main export products.

Germany Exports: China data was reported at 6,488,008.000 EUR th in Feb 2025. This records an increase from the previous number of 6,224,635.000 EUR th for Jan 2025. Germany Exports: China data is updated monthly, averaging 5,467,084.500 EUR th from Jan 2000 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 10,435,607.000 EUR th in Mar 2022 and a record low of 540,359.000 EUR th in Jan 2000. Germany Exports: China data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.JA005: Trade Statistics: By Country.

China exports for 2023 were 3.513 trillion US dollars, a 5.5% decline from 2022.

<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.

Brunei Exports: China: Manufactured Goods Classified by Materials data was reported at 3.900 BND mn in 2023. This records a decrease from the previous number of 7.900 BND mn for 2022. Brunei Exports: China: Manufactured Goods Classified by Materials data is updated yearly, averaging 0.560 BND mn from Dec 1999 (Median) to 2023, with 23 observations. The data reached an all-time high of 7.900 BND mn in 2022 and a record low of 0.000 BND mn in 1999. Brunei Exports: China: Manufactured Goods Classified by Materials data remains active status in CEIC and is reported by Department of Economic Planning and Statistics, Ministry of Finance and Economy. The data is categorized under Global Database’s Brunei – Table BN.JA005: Trade Statistics: Exports: by Country and SITC.

Exports in China increased to 335.63 USD Billion in December from 312.04 USD Billion in November of 2024. This dataset provides - China Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Key information about Canada Total Exports to China

• Canada Total Exports to China recorded 2.133 USD bn in Jan 2025, compared with 1.594 USD bn in the previous month
• Canada Total Exports to China data is updated monthly, available from Jan 1997 to Jan 2025, with an averaged value of 1.257 USD bn
• The data reached an all-time high of 2.517 USD bn in Oct 2022 and a record low of 91.099 USD mn in Aug 1998

CEIC converts monthly Total Exports to China into USD. Statistics Canada provides Total Exports to China, FOB, in local currency. The Federal Reserve Board average market exchange rate is used for currency conversions.

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.

In 2024, the industrial sector generated around **** percent of China's GDP. It was by far the largest contributor, followed by the wholesale and retail industry that was responsible for **** percent and the financial sector that produced *** percent of the country's economic output. Since China is the second-largest economy in the world, the industrial sector’s output alone exceeded the entire economy of Germany. China’s export and investment-driven economy China economic development of the early 2000s was mainly driven by investments and exports. A country's gross domestic product (GDP) consists of three parts: Consumption, investments, and net exports. Typically, emerging economies rely mainly on investments and exports for growing their economy and China was no exception. By the end of the 2010s, investments fueled more than 40 percent of China's GDP and exports were responsible for almost another 20 percent. In comparison to that, in most developed economies, investments make up only 20 percent of the economic output. Instead, the main economic driver is consumption. The economic structure in China created a huge industrial sector. For instance, China was the biggest steel exporter, the leading merchandise exporter, and exported more than a third of global household goods. Great push towards transformation In early 2018, the Chinese government proclaimed that the country's economy had reached a new development stage where consumption and services replaced investment and manufacturing as the main driver of economic growth. The fear of the middle-income trap and changing demographics were the main reasons for Beijing's emphasis on economic transformation. Although incomes in China had not stagnated, policymakers attempted to preempt “getting stuck” by steering the economy towards high-quality growth and consumption-focus. Furthermore, a society that was older and had a higher share of middle-class population had different requirements to the economy. In the case of a successful transformation, China's economy would become more similar to those of developed nations. For instance, the financial sector was the largest contributor to the United States economy. In the case of Germany, the service sector generates the largest share of gross domestic product.

In 2024, the gross domestic product (GDP) of China amounted to around 18.7 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was 3.1 percent in 2022 and 5.4 percent in 2023. In 2024, per capita GDP in China reached around 13,300 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2024. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 38 percent in 2024. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2024. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.

Colombia Trade Balance: Country: China data was reported at -12.391 USD bn in 2024. This records a decrease from the previous number of -10.369 USD bn for 2023. Colombia Trade Balance: Country: China data is updated yearly, averaging -3.517 USD bn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of -58.653 USD mn in 1995 and a record low of -13.176 USD bn in 2022. Colombia Trade Balance: Country: China data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.JA002: Trade Balance: Annual.