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.
In 2024, ASEAN was China's most important trading partner, with a **** percent share in total imports and exports. The trade value between these two trading blocks amounted to **** trillion yuan. Meanwhile, the United States's share in China's foreign trade remained at **** percent.
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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.
ASEAN remained China's most important trading partner in 2024, with a total import and export value of about **** trillion yuan. The European Union followed with a trade value of approximately **** trillion yuan.
In 2023, the main trade partner of Brazil was China: trade between both countries exceeded 157 billion U.S. dollars. Furthermore, the South American economy registered a trade surplus of 51 billion dollars with China. The United States ranked as the second most important trade partner, although in this case Brazil had a trade deficit.
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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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China recorded a trade surplus of 114.77 USD Billion in June of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2024, the ASEAN was the largest export destination for China. The value of China's exports to the ASEAN member states exceeded **** trillion yuan, increasing slightly from the previous year.
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Top Import Trading Partners of China with import value and Year on Year growth comparison
International merchandise trade data grouped by Principal Trading Partners (PTP). Users have the option of selecting Imports, Exports, or Trade Balance. Data are unadjusted and seasonally adjusted, and are on a Customs and Balance of Payments basis.
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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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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, 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.
With an export share of over 19 percent, the United States had been China's largest trade partner for years, until 2018, when the share fell significantly to 16.7 percent, after the U.S. president, Donald Trump, imposed a 200 percent tariff on goods from China. In 2024, the United States accounted for approximately 14.7 percent of Chinese exports, reaching their lowest level in the last decade.
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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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Imports: ISIC Division: Vol: China: Manufacture of Paper & Paper Products data was reported at 22,395,732.000 kg in Feb 2025. This records a decrease from the previous number of 29,812,772.000 kg for Jan 2025. Imports: ISIC Division: Vol: China: Manufacture of Paper & Paper Products data is updated monthly, averaging 7,372,970.000 kg from Jan 1997 (Median) to Feb 2025, with 338 observations. The data reached an all-time high of 29,812,772.000 kg in Jan 2025 and a record low of 18,453.000 kg in Apr 2003. Imports: ISIC Division: Vol: China: Manufacture of Paper & Paper Products 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: Volume.
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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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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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Australia's total Exports in 2024 were valued at US$340.85 Billion, according to the United Nations COMTRADE database on international trade. Australia's main export partners were: China, Japan and South Korea. The top three export commodities were: Mineral fuels, oils, distillation products; Ores slag and ash and Pearls, precious stones, metals, coins. Total Imports were valued at US$296.48 Billion. In 2024, Australia had a trade surplus of US$44.37 Billion.
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Serbia's total Imports in 2023 were valued at US$39.83 Billion, according to the United Nations COMTRADE database on international trade. Serbia's main import partners were: Germany, China and Italy. The top three import commodities were: Mineral fuels, oils, distillation products; Commodities not specified according to kind and Electrical, electronic equipment. Total Exports were valued at US$30.93 Billion. In 2023, Serbia had a trade deficit of US$8.89 Billion.
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.