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 second largest economy and Chinese economy are still developing in a high speed. '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.'[1]

'China is the emerging global power and the only one able to challenge the US world hegemony in the first half of the twenty-first century. Among the strategies of hegemonic construction and expansion of its economy, Beijing has developed a network of economic relations with both the industrial economies and those constituting the semi-periphery and periphery of the world system.'[2] 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.[1]

List of largest trading partners of China[edit]

The major Chinese trading partners for 2015 were as follows:

  • Figures are for mainland China, excluding the special administrative regions.
2015 Imports and Exports by Region (Billions of USD)[3]
No. Region Total trade Exports Imports Trade
balance
Total 3,953.0 2,273.5 1,679.6 593.9
1 Asia 2,094.4 1,140.1 954.3 185.8
2 Europe 696.3 403.2 293.1 110.2
3 North America 613.1 439.0 174.1 264.9
4 Latin America 235.9 132.1 103.8 28.3
5 Africa 178.8 108.5 70.3 38.3
6 Oceanic and Pacific Islands 133.4 50.5 82.9 -32.4
2015 Imports and Exports by Country (Billions of USD)[3]
No. Country Total trade Exports Imports Trade
balance
Total 3,953.0 2,273.5 1,679.6 593.9
1  United States 557.0 409.2 147.8 261.4
2  Hong Kong 343.2 330.5 12.7 317.7
3  Japan 278.5 135.6 142.9 -7.3
4  Korea Republic 275.8 101.3 174.5 -73.2
5  Taiwan 188.1 44.9 143.2 -98.3
6  Germany 156.8 69.2 87.6 -18.5
7  Australia 113.8 40.3 73.5 -33.2
8  Malaysia 97.3 44.0 53.3 -9.3
9  Vietnam 95.8 66.0 29.8 36.2
10  Singapore 79.5 51.9 27.6 24.4
11  United Kingdom 78.5 59.6 18.9 40.6
12  Thailand 75.5 38.3 37.2 1.1
13  India 71.6 58.2 13.4 44.9
14  Brazil 71.5 27.4 44.1 -16.7
15  Netherlands 68.2 59.5 8.8 50.7
16  Russia 68.0 34.8 33.3 1.5
17  Canada 55.6 29.4 26.2 3.2
18  Indonesia 54.2 34.3 19.9 14.5
19  Saudi Arabia 51.6 21.6 30.0 -8.4
20  France 51.4 26.7 24.6 2.1
21  United Arab Emirates 48.5 37.0 11.5 25.5
22  South Africa 46.0 15.9 30.2 -14.3
23  Philippines 45.6 26.7 19.0 7.7
24  Italy 44.7 27.8 16.8 11.0
25   Switzerland 44.3 3.2 41.1 -37.9
26  Mexico 43.8 33.8 10.0 23.8
27  Iran 33.8 17.8 16.1 1.7
28  Chile 31.7 13.3 18.4 -5.1
29  Spain 27.4 21.9 5.6 16.3
30  Belgium 23.2 16.2 7.0 9.2
31  Turkey 21.6 18.6 2.9 15.7
32  Iraq 20.6 7.9 12.7 -4.8
33  Angola 19.7 3.7 16.0 -12.3
34  Pakistan 18.9 16.4 2.5 14.0
35  Oman 17.2 2.1 15.0 -12.9
36  Poland 17.1 14.3 2.7 11.6
37  Myanmar 15.1 9.7 5.4 4.2
38  Nigeria 14.9 13.7 1.2 12.5
39  Bangladesh 14.7 13.9 0.8 13.1
40  Argentina 14.5 8.8 5.7 3.1
41  Peru 14.3 6.4 7.9 -1.6
42  Kazakhstan 14.3 8.4 5.8 2.6
43  Sweden 13.5 7.1 6.4 0.7
44  Egypt 12.9 12.0 0.9 11.0
45  Venezuela 12.1 5.3 6.8 -1.5
46  New Zealand 11.5 4.9 6.6 -1.7
47  Israel 11.4 8.6 2.8 5.8
48  Kuwait 11.3 3.8 7.5 -3.7
49  Colombia 11.1 7.6 3.5 4.0
50  Czech 11.0 8.2 2.8 5.4


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%
 Hong Kong 54.2%
 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%
 Hong Kong 47.8%
 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. ^ a b Bradsher, Keith (2018). "China's Economic Growth Looks Strong. Maybe Too Strong". The New York Times. ISSN 0362-4331. Retrieved 2018-03-28. 
  2. ^ Raúl, Bernal-Meza (2016). "China and Latin America Relations: The Win-Win Rhetoric". Journal of China and International Relations – via ProQuest. 
  3. ^ a b "11-6 Value of Imports and Exports by Country (Region) of Origin/Destination, China Statistical Yearbook 2016". 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.