List of the largest trading partners of China

This is a list of the largest trading partners of the People's Republic of China.

Background

China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP).

'China developed a network of economic relations with both the industrial economies and those constituting the semi-periphery and periphery of the world system.'[1] As Chinese economy growing so fast, China also have many trading partners in the world. All of them are important partners of China in trading and they all contributed to the development of Chinese economy, but the largest partners of China are always changing because of the alteration of policy or other reasons.

The expansion of the Chinese economy grew 6.8% the last quarter of 2017, equaling the growth of the prior 3 months exceeding expectations of 6.7%. The overall economy expanded 6.9% last year, just beating the 6.7% of 2016 which ended a drought of a declining trend that started in 2011.[2]

List of largest trading partners of China

The major Chinese trading partners for 2017 were as follows:

2017 Imports and Exports of goods by top 20 Countries (Billions of USD)[3]
No.Country / RegionTotal tradeExportsImportsTrade
balance
Total4,107.12,263.31,843.7419.6
1 United States583.3429.7153.9275.8
2 European Union573.08375.1197.9177.1
3 Japan303.0137.2165.8-28.6
4 Hong Kong286.5279.273.1206.1
5 South Korea280.2102.7177.5-74.8
6 Taiwan199.943.9155.9-112
7 Australia136.441.495.0-53.6
8 Vietnam121.971.650.321.3
9 Malaysia96.141.754.4-12.7
10 Brazil8728.958.8-29.9
11 India84.368.016.352
12 Russia84.242.841.31.5
13 Thailand80.138.541.6-3.1
14 Singapore79.245.034.210.8
15 Indonesia63.334.728.56.2
16 Canada51.731.320.410.9
17 Philippines51.332.019.212.8
18 Saudi Arabia50.118.331.7-13.4
19 United Arab Emirates41.028.712.316.4
20 South Africa39.114.824.3-9.5


China is the over ruling trading partner of many countries. The following tables are based on 2016 data as shown on the CIA World Factbook.

Exports[4]
RegionPercentage
 North Korea85.6%
 Mongolia84.1%
 Turkmenistan70.0%
 Solomon Islands62.4%
 Eritrea57.7%
 Angola53.7%
 Oman47.8%
 Myanmar40.6%
 Congo39.8%
 Mauritania36.9%
 DR Congo35.3%
 Australia30.5%
 New Caledonia30.4%
 Iran30.1%
 Chile28.6%
 South Korea25.1%
 Guinea24.6%
 Peru23.5%
 Iraq21.9%
 New Zealand19.4%
 Brazil19.0%
 Saudi Arabia13.6%
 Singapore12.8%
 Indonesia11.6%
 South Africa9.2%
Imports[5]
RegionPercentage
 North Korea90.3%
 Kyrgyzstan37.8%
 Macau36.7%
 Cambodia35.3%
 Myanmar33.9%
 Mongolia33.2%
 Cuba29.2%
 Pakistan29.1%
 Ethiopia28.8%
 Togo28.7%
 Paraguay27.3%
 Iraq26.9%
 Japan25.8%
 Solomon Islands25.3%
 Vietnam25.1%
 Bangladesh24.3%
 Chile24.3%
 Kenya24.1%
 Australia23.4%
 Indonesia22.9%
 Peru22.8%
 Uzbekistan22.2%
 Russia21.6%
 Thailand21.6%
 South Korea21.4%
 Madagascar21.2%
 Rwanda21.2%
 United States21.1%
 Tanzania20.7%
 Nigeria20.3%
 DR Congo20.2%
 Bolivia19.9%
 New Zealand19.9%
 Malaysia19.4%
 Uruguay18.8%
 Eritrea18.1%
 South Africa18.1%
 Uganda17.9%
 Algeria17.8%
 Cameroon17.8%
 Mauritius17.7%
 Ghana17.3%
 Philippines17.3%
 India17.0%
 Saudi Arabia16.2%
 Libya14.4%
 Singapore14.3%
 Kuwait14.1%
 Jordan14.0%
 Burundi13.3%
 Egypt12.9%
 Turkey12.8%
 Sierra Leone12.5%
 Burkina Faso12.2%
 Mali12.2%
 Lebanon11.2%
 Bahrain9.7%
 United Arab Emirates7.4%

See also

References

  1. Raúl, Bernal-Meza (2016). "China and Latin America Relations: The Win-Win Rhetoric". Journal of China and International Relations. ProQuest 1912544147.
  2. Bradsher, Keith (2018). "China's Economic Growth Looks Strong. Maybe Too Strong". The New York Times. ISSN 0362-4331. Retrieved 2018-03-28.
  3. "11-6 Value of Imports and Exports by Country (Region) of Origin/Destination, China Statistical Yearbook 2018". National Bureau of Statistics of China. Table
  4. "Exports - partners". World Fact Book, Central Intelligence Agency.
  5. "Imports - partners". World Fact Book, Central Intelligence Agency.


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