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China Trade Profile '21

Page 1

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products


China

China

GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2017-2019) Trade (% GDP, 2017-2019)

14 722 840 10 216 2.0 1 797 18.6

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

1 1 4 4

Imports

2 2 2 3

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.

Annual percentage change

2020 2 590 221 2 057 217 2020 14.70

Share in world total exports (%)

2010-2020 5 4

2019 1 -3

2020 4 -1 2020 11.54

Share in world total imports (%)

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 3.3

Fuels and mining products: 3.1

Agricultural products: 9.6

Fuels and mining products: 27.9

Manufactures: 92.9

Other: 0.7

Manufactures: 59.7

Other: 2.8

By main destination, % (2020)

By main origin, % (2020)

United States of America: 17.5 Hong Kong, China: 10.5 Viet Nam: 4.4

European Union: 15.1 Japan: 5.5 Other: 47

European Union: 12.6 Japan: 8.5 United States of America: 6.6

Chinese Taipei: 9.8 Korea, Republic of: 8.4 Other: 54.1

Agricultural Products Value

Top exported products (Million US$) HS0703 HS2008 HS2106 HS0712 HS0808

2020 . 2 621 2 522 2 327 2 137 2 117

Onions, shallots, garlic, leeks Plants' parts otherwise preserved Other food preparations Dried vegetables, whole, cut Apples, pears and quinces, fresh

Value

Top imported products (Million US$) HS1201 HS0203 HS0202 HS1901 HS1511

2020

Soya beans, whether or not broken Swine meat, fresh, chilled, frozen Meat of bovine animals, frozen Malt extract Palm oil and its fractions

39 528 11 881 9 771 5 898 4 123

Share in economy's trade in agricultural products Exports 0%

Imports 5%

0%

HS0703

HS1201

HS2008

HS0203

HS2106

HS0202

HS0712

HS1901

HS0808

HS1511

10%

20%

30%

Million US$ Exports Imports

Value

2020 57 536 157 456

Annual percentage change

2010-2020 5 9

2019 2 8

2020 -2 18

Non-Agricultural Products Value

Top exported products (Million US$) HS8471 HS8525 HS8542 HS6307 HS8517

2020

Automatic data-processing machines Radio-telephony transmission tools Electronic integrated circuits Other made-up articles Line telephony electrical apparatus

187 422 187 248 118 247 55 226 46 805

Value

Top imported products (Million US$) HS8542 HS2709 HS2601 HS8703 HS2711

2020

Electronic integrated circuits Petroleum oils, crude Iron ores and concentrates Motor cars for transport of persons Petroleum gases

351 173 176 321 118 944 44 923 42 078

Share in economy's trade in non-agricultural products Exports 0%

80

5%

Imports 10%

0%

HS8471

HS8542

HS8525

HS2709

HS8542

HS2601

HS6307

HS8703

HS8517

HS2711

10%

20%

Million US$ Exports Imports

Value

2020 2 508 069 1 887 228

Annual percentage change

2010-2020 5 4

2019 0 -3

2020 3 -2

World Trade Organization – Trade Profiles 2021


China TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports a Commercial services imports a

Annual percentage change

2020 278 084 377 528 2020 5.66

Share in world total exports (%) Breakdown in economy's total exports

2010-2020 na na

2019 4 -5

2020 -1 -24 2020 8.21

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2020)

By main services item, % (2020)

Transport: 20.7 Other commercial services: 64.1

Travel: 6.1 Goods-related services: 9

Transport: 25.1 Other commercial services: 39.1

By main destination, % (2016)

Travel: 34.8 Goods-related services: 1

By main origin, % (2016)

Hong Kong, China: 28.8 United States of America: 15 Singapore: 5.5

European Union (28): 17 Japan: 5.5 Other: 28.2

Hong Kong, China: 19.6 European Union (28): 16.9 Canada: 5.8

Value

FATS sales Inward (million US$) Outward (million US$)

United States of America: 19.3 Japan: 6.6 Other: 31.8

Annual percentage change

2018 970 913 948 331

2010-2018 na na

2017 39 84

2018 14 34

Transport China

200

World

100 0

2010

2013

2016

2020

Transport exports (Index 2010=100)

Value

Million US$ Exports Imports

2020 57 623 94 680

Exports By sea (2019) By air (2019) By other

Value

Share (%)

28 578 14 083 na

62.2 30.6 na

2010-2020 5 4

Annual percentage change 2019 9 -3

Imports By sea (2019) By air (2019) By other

2020 25 -10

Value

Share (%)

66 694 30 468 na

63.7 29.1 na

Travel 200

China

World

100 0

2010

Value

Million US$ Exports a Imports a 2013

2016

2020 17 067 131 228

2010-2020 na na

Annual percentage change 2019 -13 -9

2020 -50 -48

2020

Travel exports (Index 2014=100)

Other Commercial Services and Goods-related Services Exports of OCS by main item (2020) Other business services ICTs

11.2 13.4

42.3

Million US$

Value

2020

Other commercial services Exports 178 306 Imports 147 761

Construction

33.1

2010-2020 9 7

2020

Goods-related services Exports Imports

Other

Annual percentage change

2010-2020

25 089 3 859

0 47

2019

2020

8 4

4 7

2019

2020

2 42

-16 -3

INDUSTRIAL PROPERTY Patent applications, 2019 Residents

1 243 568

Non-residents

157 093

Trademark applications, 2014 Total

1 400 661

Residents

1 997 058

Non-residents

107 356

Industrial design applications, 2019 Total

2 104 414

Residents

691 771

Non-residents

19 846

Total

711 617

a Break in series: 2014.

World Trade Organization – Trade Profiles 2021

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