List of the largest trading partners of the People's Republic of China
Encyclopedia
According to the National Bureau of Statistics of China
, China's ten largest trading partners represent 55.60% of Chinese imports, and 57.83% of U.S. exports . These figures do not include foreign direct investment
, but only trade in goods and services
.
This list does not include the European Union
(EU), which include Germany, Netherlands, and United Kingdom. As a single economy, the EU traded €327 billion worth of goods and services with China . As of 2011 EU - Chinese trade makes the EU and China each other's largest trading partners.
National Bureau of Statistics of China
The National Bureau of Statistics is an agency within the State Council of the People's Republic of China charged with the collection and publication of statistics related to the economy, population and society of the People's Republic of China at national and local levels.-List of Directors:*Xue...
, China's ten largest trading partners represent 55.60% of Chinese imports, and 57.83% of U.S. exports . These figures do not include foreign direct investment
Foreign direct investment
Foreign direct investment or foreign investment refers to the net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor.. It is the sum of equity capital,other long-term capital, and short-term capital as shown in...
, but only trade in goods and services
Goods and services
In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility. It is often used when referring to a Goods and Services Tax....
.
Countries that China trades the most with
The fifteen largest Chinese partners with their total trade (sum of imports and exports) in billions of US Dollars for 2009 are as follows:Region | Exports | Imports | Total Trade |
---|---|---|---|
United States | 220.80 | 77.46 | 298.26 |
Japan | 97.87 | 130.91 | 228.78 |
Hong Kong | 166.23 | 8.70 | 174.93 |
South Korea | 53.67 | 102.55 | 156.21 |
Republic of China | 20.50 | 85.72 | 106.22 |
Germany | 49.92 | 55.72 | 105.64 |
Australia | 20.64 | 39.49 | 60.13 |
Malaysia | 19.63 | 32.34 | 51.97 |
Singapore | 30.05 | 17.80 | 47.86 |
India | 29.66 | 13.73 | 43.38 |
Brazil | 14.12 | 28.28 | 42.40 |
Netherlands | 36.68 | 5.12 | 41.81 |
United Kingdom | 31.28 | 7.88 | 39.16 |
Russia | 17.52 | 21.23 | 38.75 |
Thailand | 13.29 | 24.91 | 38.19 |
This list does not include the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
(EU), which include Germany, Netherlands, and United Kingdom. As a single economy, the EU traded €327 billion worth of goods and services with China . As of 2011 EU - Chinese trade makes the EU and China each other's largest trading partners.
Countries which China is the largest trading partner of
Many countries also export to or import from China more than any other trading partner. Some countries are repeated from previous table.Region | Percentage of total exports | notes |
---|---|---|
Mongolia | 84.8% | |
Sudan | 68.3% | |
Solomon Islands | 63.7% | recognizes Taiwan; China refuses diplomatic relations |
Hong Kong | 52.7% | Special Administrative Region of China |
North Korea | 50.3% | |
|46.9% | ||
Angola | 42.8% | |
Mauritania | 41.5% | |
Yemen | 34.4% | |
Turkmenistan | 28.6% | |
Republic of China | 28.1% | not official recognized Political status of Taiwan The controversy regarding the political status of Taiwan hinges on whether Taiwan, Penghu, Kinmen, and Matsu should remain effectively independent as territory of the Republic of China , become unified with the territories now governed by the People's Republic of China , or formally declare... by China |
South Korea | 27.9% | |
Mali | 27.2% | |
Oman | 26.3% | |
Cuba | 25.5% | |
Australia | 25.1% | |
Chile | 23.8% | |
Uzbekistan | 21.8% | |
Kazakhstan | 20.2% | |
Japan | 19.4% | |
Philippines | 19.0% | |
Peru | 18.4% | |
Burkina Faso | 17.3% | recognizes Taiwan; China refuses diplomatic relations |
Iran | 16.2% | |
Tanzania | 15.6% | |
Brazil | 15.2% | |
Ethiopia | 13.9% | |
South Africa | 13.7% | |
Thailand | 11.0% |
Region | Percentage of total imports | |
---|---|---|
Kyrgyzstan | 61.0% | |
Togo | 48.0% | |
Hong Kong | 45.1% | Special Administrative Region of China |
North Korea | 40.6% | |
Myanmar | 38.9% | |
Tajikistan | 35.3% | |
Benin | 35.2% | |
Macau | 31.1% | Special Administrative Region of China |
Chad | 29.4% | |
Vietnam | 23.8% | |
|22.3% | recognizes Taiwan; China refuses diplomatic relations | |
Japan | 22.1% | |
Sudan | 21.7% | |
Equatorial Guinea | 21.4% | |
United States | 19.5% | |
Bangladesh | 18.9% | |
Australia | 18.7% | |
Djibouti | 18.0% | |
South Korea | 17.9% | |
Pakistan | 17.9% | |
Niger | 17.8% | |
Iran | 17.4% | |
Tanzania | 17.3% | |
Ghana | 16.6% | |
Nigeria | 15.4% | |
Ethiopia | 15.1% | |
Indonesia | 15.1% | |
Madagascar | 14.6% | |
Kenya | 13.6% | |
South Africa | 13.4% | |
Malaysia | 12.6% | |
India | 12.4% | |
Mauritania | 12.3% | |
Guinea | 11.5% |
See also
- Economy of the People's Republic of ChinaEconomy of the People's Republic of ChinaThe People's Republic of China ranks since 2010 as the world's second largest economy after the United States. It has been the world's fastest-growing major economy, with consistent growth rates of around 10% over the past 30 years. China is also the largest exporter and second largest importer of...
- List of the largest trading partners of India
- List of the largest trading partners of the United States