List of the largest trading partners of China

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

Background[edit]

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. This article will show you the largest partners of China in recent years.

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[edit]

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 Total trade Exports Imports Trade
balance
Total 4,107.1 2,263.3 1,843.7
1  United States 583.3 429.7 153.9 275.8
2  European Union 573.08 375.1 197.9 177.1
3  Japan 303.0 137.2 165.8 -28.6
4  Hong Kong 286.5 279.2 73.1 206.1
5  South Korea 280.2 102.7 177.5 -74.8
6  Taiwan 199.9 43.9 155.9 -112
7  Australia 136.4 41.4 95.0 -53.6
8  Vietnam 121.9 71.6 50.3 21.3
9  Malaysia 96.1 41.7 54.4 -12.7
10  Brazil 87 28.9 58.8 -29.9
11  India 84.3 68.0 16.3 52
12  Russia 84.2 42.8 41.3 1.5
13  Thailand 80.1 38.5 41.6 -3.1
14  Singapore 79.2 45.0 34.2 10.8
15  Indonesia 63.3 34.7 28.5 6.2
16  Canada 51.7 31.3 20.4 10.9
17  Philippines 51.3 32.0 19.2 12.8
18  Saudi Arabia 50.1 18.3 31.7 -13.4
19  United Arab Emirates 41.0 28.7 12.3 16.4
20  South Africa 39.1 14.8 24.3 -9.5


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

Exports[4]
Region Percentage
 North Korea 85.6%
 Mongolia 84.1%
 Turkmenistan 70.0%
 Solomon Islands 62.4%
 Eritrea 57.7%
 Angola 53.7%
 Oman 47.8%
 Myanmar 40.6%
 Congo 39.8%
 Mauritania 36.9%
 Democratic Republic of the Congo 35.3%
 Australia 30.5%
 New Caledonia 30.4%
 Iran 30.1%
 Chile 28.6%
 South Korea 25.1%
 Guinea 24.6%
 Peru 23.5%
 Iraq 21.9%
 New Zealand 19.4%
 Brazil 19.0%
 Saudi Arabia 13.6%
 Singapore 12.8%
 Indonesia 11.6%
 South Africa 9.2%
Imports[5]
Region Percentage
 North Korea 90.3%
 Kyrgyzstan 37.8%
 Macau 36.7%
 Cambodia 35.3%
 Myanmar 33.9%
 Mongolia 33.2%
 Cuba 29.2%
 Pakistan 29.1%
 Ethiopia 28.8%
 Togo 28.7%
 Paraguay 27.3%
 Iraq 26.9%
 Japan 25.8%
 Solomon Islands 25.3%
 Vietnam 25.1%
 Bangladesh 24.3%
 Chile 24.3%
 Kenya 24.1%
 Australia 23.4%
 Indonesia 22.9%
 Peru 22.8%
 Uzbekistan 22.2%
 Russia 21.6%
 Thailand 21.6%
 South Korea 21.4%
 Madagascar 21.2%
 Rwanda 21.2%
 United States 21.1%
 Tanzania 20.7%
 Nigeria 20.3%
 Democratic Republic of the Congo 20.2%
 Bolivia 19.9%
 New Zealand 19.9%
 Malaysia 19.4%
 Uruguay 18.8%
 Eritrea 18.1%
 South Africa 18.1%
 Uganda 17.9%
 Algeria 17.8%
 Cameroon 17.8%
 Mauritius 17.7%
 Ghana 17.3%
 Philippines 17.3%
 India 17.0%
 Saudi Arabia 16.2%
 Libya 14.4%
 Singapore 14.3%
 Kuwait 14.1%
 Jordan 14.0%
 Burundi 13.3%
 Egypt 12.9%
 Turkey 12.8%
 Sierra Leone 12.5%
 Burkina Faso 12.2%
 Mali 12.2%
 Lebanon 11.2%
 Bahrain 9.7%
 United Arab Emirates 7.4%

See also[edit]

References[edit]

  1. ^ Raúl, Bernal-Meza (2016). "China and Latin America Relations: The Win-Win Rhetoric". Journal of China and International Relations – via ProQuest.
  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.