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:
No. | Country / Region | Total trade | Exports | Imports | Trade balance |
---|---|---|---|---|---|
Total | 4,107.1 | 2,263.3 | 1,843.7 | 419.6 | |
1 | 583.3 | 429.7 | 153.9 | 275.8 | |
2 | 573.08 | 375.1 | 197.9 | 177.1 | |
3 | 303.0 | 137.2 | 165.8 | -28.6 | |
4 | 286.5 | 279.2 | 73.1 | 206.1 | |
5 | 280.2 | 102.7 | 177.5 | -74.8 | |
6 | 199.9 | 43.9 | 155.9 | -112 | |
7 | 136.4 | 41.4 | 95.0 | -53.6 | |
8 | 121.9 | 71.6 | 50.3 | 21.3 | |
9 | 96.1 | 41.7 | 54.4 | -12.7 | |
10 | 87 | 28.9 | 58.8 | -29.9 | |
11 | 84.3 | 68.0 | 16.3 | 52 | |
12 | 84.2 | 42.8 | 41.3 | 1.5 | |
13 | 80.1 | 38.5 | 41.6 | -3.1 | |
14 | 79.2 | 45.0 | 34.2 | 10.8 | |
15 | 63.3 | 34.7 | 28.5 | 6.2 | |
16 | 51.7 | 31.3 | 20.4 | 10.9 | |
17 | 51.3 | 32.0 | 19.2 | 12.8 | |
18 | 50.1 | 18.3 | 31.7 | -13.4 | |
19 | 41.0 | 28.7 | 12.3 | 16.4 | |
20 | 39.1 | 14.8 | 24.3 | -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.
See also
References
- Raúl, Bernal-Meza (2016). "China and Latin America Relations: The Win-Win Rhetoric". Journal of China and International Relations. ProQuest 1912544147.
- Bradsher, Keith (2018). "China's Economic Growth Looks Strong. Maybe Too Strong". The New York Times. ISSN 0362-4331. Retrieved 2018-03-28.
- "11-6 Value of Imports and Exports by Country (Region) of Origin/Destination, China Statistical Yearbook 2018". National Bureau of Statistics of China. Table
- "Exports - partners". World Fact Book, Central Intelligence Agency.
- "Imports - partners". World Fact Book, Central Intelligence Agency.