In 2024, ASEAN was China's most important trading partner, with a 15.9 percent share in total imports and exports. The trade value between these two trading blocks amounted to 6.99 trillion yuan. Meanwhile, the United States's share in China's foreign trade remained at 11.2 percent.
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China's total Exports in 2023 were valued at US$3.38 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Japan. 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$2.56 Trillion. In 2023, China had a trade surplus of US$822.98 Billion.
In 2024, the European Union countries imported approximately 14.4 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 25.5 trillion yuan and imported goods with a value of 18.4 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 20 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 992 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 14.4 percent of all global exports, whereas service based exports contributed only six 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.
In 2024, the ASEAN was the largest export destination for China. The value of China's exports to the ASEAN member states exceeded 4.17 trillion yuan, increasing slightly from the previous year.
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China's total Imports in 2023 were valued at US$2.56 Trillion, according to the United Nations COMTRADE database on international trade. China's main import partners were: the United States, South Korea 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$3.38 Trillion. In 2023, China had a trade surplus of US$822.98 Billion.
As of 2023, China was the leading trading partner for the majority of Middle Eastern and North African countries in terms of imports and export. However, China only ranked fourth in terms of imports for Qatar and 17th in exports for Turkey and Bahrain.
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Brazil Automobile Main Trading Partners: Exports: China data was reported at 97.600 USD mn in 2018. This records a decrease from the previous number of 102.800 USD mn for 2017. Brazil Automobile Main Trading Partners: Exports: China data is updated yearly, averaging 136.700 USD mn from Dec 2006 (Median) to 2018, with 13 observations. The data reached an all-time high of 218.000 USD mn in 2006 and a record low of 65.700 USD mn in 2009. Brazil Automobile Main Trading Partners: Exports: China data remains active status in CEIC and is reported by National Association of Automobile Manufacturers. The data is categorized under Brazil Premium Database’s Automobile Sector – Table BR.RAE002: Automobile Main Trading Partners: Exports: China. Export data in value include assembled and knocked-down vehicles, agricultural and highway construction machinery, engines and components manufactured by ANFAVEA member companies.
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Top Import Trading Partners of China with import value and Year on Year growth comparison
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Brazil Automobile Main Trading Partners: Imports: China: Autoparts data was reported at 2.961 USD bn in 2018. This records an increase from the previous number of 2.503 USD bn for 2017. Brazil Automobile Main Trading Partners: Imports: China: Autoparts data is updated yearly, averaging 1.750 USD bn from Dec 2006 (Median) to 2018, with 13 observations. The data reached an all-time high of 2.961 USD bn in 2018 and a record low of 433.500 USD mn in 2006. Brazil Automobile Main Trading Partners: Imports: China: Autoparts data remains active status in CEIC and is reported by National Association of Automobile Manufacturers. The data is categorized under Brazil Premium Database’s Automobile Sector – Table BR.RAE009: Automobile Main Trading Partners: Imports: China. Export data in value include assembled and knocked-down vehicles, agricultural and highway construction machinery, engines and components manufactured by ANFAVEA member companies.
ASEAN remained China's most important trading partner in 2024, with a total import and export value of about 6.99 trillion yuan. The European Union followed with a trade value of approximately 5.59 trillion yuan.
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Brazil Automobile Main Trading Partners: Imports: China: Highway Construction Machinery data was reported at 49.100 USD mn in 2018. This records an increase from the previous number of 40.600 USD mn for 2017. Brazil Automobile Main Trading Partners: Imports: China: Highway Construction Machinery data is updated yearly, averaging 49.100 USD mn from Dec 2006 (Median) to 2018, with 13 observations. The data reached an all-time high of 268.000 USD mn in 2011 and a record low of 4.700 USD mn in 2007. Brazil Automobile Main Trading Partners: Imports: China: Highway Construction Machinery data remains active status in CEIC and is reported by National Association of Automobile Manufacturers. The data is categorized under Brazil Premium Database’s Automobile Sector – Table BR.RAE009: Automobile Main Trading Partners: Imports: China. Export data in value include assembled and knocked-down vehicles, agricultural and highway construction machinery, engines and components manufactured by ANFAVEA member companies.
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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, exports from the United States accounted for approximately 6.3 percent of the Chinese import value. In that year, the United States was the fifth-largest supplier of imports to China.
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Imports: ISIC Division: fob: China: Other Manufacturing data was reported at 158.349 USD mn in Feb 2025. This records a decrease from the previous number of 181.744 USD mn for Jan 2025. Imports: ISIC Division: fob: China: Other Manufacturing data is updated monthly, averaging 60.942 USD mn from Jan 1997 (Median) to Feb 2025, with 338 observations. The data reached an all-time high of 198.811 USD mn in Oct 2024 and a record low of 2.878 USD mn in Apr 2000. Imports: ISIC Division: fob: China: Other Manufacturing data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.ISIC: Main Trading Partners: Division: Imports: Value.
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There have been many studies that examine the Canada-U.S. trade relationship; this is deservedly so as the U.S. is Canada’s dominant trading partner. In 2018, the minister of international trade diversification announced a target to increase overseas exports by 50% by 2025.Footnote1 China is the world’s second largest economy and is the second most important bilateral commercial partner for Canada. Thus, China might be a key market if Canada is to achieve its export diversification target. The goal of this paper is to explore Canada’s commercial relationship with China. This will be done by examining trading and investment relationship between the two countries over the last two decades. Additionally, COVID-19 showed the world that in extreme cases, production within a country can be brought to a halt. Therefore, the second part of this paper will examine how a disruption to trade with China might affect Canadian supply chains and production.
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Exports: ISIC Division: fob: China: Manufacture of Wood & of Products of Wood & Cork, Except Furniture; Manufacture of Articles of Straw & Plaiting Materials data was reported at 14.107 USD mn in Mar 2025. This records an increase from the previous number of 12.802 USD mn for Feb 2025. Exports: ISIC Division: fob: China: Manufacture of Wood & of Products of Wood & Cork, Except Furniture; Manufacture of Articles of Straw & Plaiting Materials data is updated monthly, averaging 7.967 USD mn from Jan 1997 (Median) to Mar 2025, with 339 observations. The data reached an all-time high of 26.794 USD mn in Aug 2020 and a record low of 0.028 USD mn in Aug 1998. Exports: ISIC Division: fob: China: Manufacture of Wood & of Products of Wood & Cork, Except Furniture; Manufacture of Articles of Straw & Plaiting Materials data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.ISIC: Main Trading Partners: Division: Exports: Value.
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Japan's total Exports in 2024 were valued at US$707.39 Billion, according to the United Nations COMTRADE database on international trade. Japan's main export partners were: the United States, China and South Korea. The top three export commodities were: Vehicles other than railway, tramway; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$742.67 Billion. In 2024, Japan had a trade deficit of US$35.28 Billion.
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Exports: ISIC Division: fob: China: Other Mining & Quarrying data was reported at 23.984 USD mn in Mar 2025. This records an increase from the previous number of 18.405 USD mn for Feb 2025. Exports: ISIC Division: fob: China: Other Mining & Quarrying data is updated monthly, averaging 8.652 USD mn from Feb 1997 (Median) to Mar 2025, with 330 observations. The data reached an all-time high of 104.673 USD mn in Sep 2023 and a record low of 0.000 USD mn in Feb 1997. Exports: ISIC Division: fob: China: Other Mining & Quarrying data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.ISIC: Main Trading Partners: Division: Exports: Value.
The statistic shows China's foreign trade share with selected countries in 2013. China's share of German foreign trade (imports and exports) amounted to about 5.5 percent in 2013.
Main trade partners of China
China's trade pattern has been largely influenced by its overall comparative advantage in labor intensive goods. In 2013, China was by far the world's largest trade nation, surpassing even the United States in terms of total merchandise trade value. That year’s goods exports from China had amounted to approximately 2.2 trillion U.S. dollars, while imports of goods had ranged at approximately 1.95 trillion U.S. dollars. Over the past decades, China has gained a lot of importance in international trade as both production and trading economies all over the world have developed close ties to the red dragon.
In 2013, China accounted for approximately 15 percent of Japan's foreign trade, making China the main trade partner of Japan. Japan mainly exports electronic equipment and machines to China and imports manufactured goods such as clothing from China. However, this relation has suffered since 2012 due to a long-running territorial dispute.
China also has tight trade ties to the United States. In 2013, China was the United States' third largest export market after Canada and Mexico. During the past ten years, goods exported from the United States to China and vice versa have grown substantially. By 2015, the United States have turned into China's main export partner with a share of about 18 percent in total exports from China.
In 2024, ASEAN was China's most important trading partner, with a 15.9 percent share in total imports and exports. The trade value between these two trading blocks amounted to 6.99 trillion yuan. Meanwhile, the United States's share in China's foreign trade remained at 11.2 percent.