China's exports 2019 by country . China exports for 2016 was $2,199.97B, a 6.86% decline from 2015. These factors may increase the volume of US goods exports to China in 2019. Thirty-six states exported fewer goods to China in 2018 than they did in 2017, and another seven states had only single-digit growth. This is a list of countries by merchandise exports, based on UN COMTRADE and ITC statistics.. Between August 2019 and August 2020 the exports of China have decreased by $-8.32B (-4.41%) from $189B to $180B, while imports decreased by $-21.5B (-12.3%) from $175B to $153B. The tax base for export duties is the same as import duties – that is, the DPV. In 2019, China exported 62.0 million metric tons of steel, a 7.3 percent decrease from 66.9 million metric tons in 2018. U.S. exports to China are up 455% from 2001 (pre-WTO accession). 6, 2019, 10:21 AM. by Flagpictures.org The world’s largest exporter by value, China exported US$2.499 trillion … US-China … The date given represents the day of data access. China's huge export industry just suffered its worst month in two years but still managed to rack up a record trade surplus with the United States in 2018 despite new tariffs. China's huge export industry just suffered its worst month in two years but still managed to rack up a record trade surplus with the United States in 2018 despite new tariffs. Goods Exports. "Value of export of goods from China from 2009 to 2019 (in billion U.S. Quick Facts: 62.0 million metric tons (2019) 58% steel export growth since Q4 2009 2019 export volume down 7.3% and export value down 12.1% since 2018 Exports as … Australian coal, gas and iron ore exports to China have surged as Beijing threatens economic retaliation for the Morrison government’s pursuit of … Australian exports to China as a percentage of total exports now stand at 38 per cent, up from 34 per cent. Last year, China exported 10.06 trillion yuan worth of mechanical and electrical products, an increase of 4.4 percent. Then you can access your favorite statistics via the star in the header. China’s total exports expanded in 2019 while trade with the U.S. dropped as the trade war hit relations between the two biggest economies. Top export destinations of commodities from China in 2019: USA with a share of 16.7% (418 billion US$) Hong Kong with a share of 11.1% (279 billion US$) Japan with a share of 5.73% (143 billion US$) Korea with a share of 4.44% (110 billion US$) Vietnam with a … US-China trade war: Trump announces new retaliatory tariff hikes. Overall, the list of top ten exporters of fruit to China in 2019 remained similar to that in 2018. 01:49 'Made in Hong Kong' sauce factory suffers as US-China … North America continues to be the most valuable market for lamb, with the US importing A$289 million so far in 2019. ... China's export economy grew 954% between 1970 and 2010 Xinhua/via Getty Images. In the first half of 2019, China’s steel exports fell 3% compared to the corresponding period in 2018. In 2018, the United States exported $118.9 billion in goods to China, compared with an all-time high $127.9 billion in 2017. China’s exports of steel, receiving more than 1.4 million metric tons each and accounting for over 50 percent of China’s 2019 steel exports. In 2018, U.S. exports to China decreased due a trade dispute resulting in retaliatory tariffs and slowing economic growth. China's imports and exports fell more than expected in September Published Sun, Oct 13 2019 10:40 PM EDT Updated Sun, Oct 13 2019 11:36 PM EDT Yen Nee Lee @YenNee_Lee Published Wed, Aug 7 2019 10:20 PM EDT Updated Thu, Aug 8 2019 … The U.S. trade deficit with China in 2019 was $345.2 billion. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). China’s exports represented about 15 percent of all steel exported globally in 2019. Directly accessible data for 170 industries from 50 countries China exports 2020 vs. 2019. Total Starbucks locations globally 2003-2019, Market share of leading carbonated beverage companies worldwide, Revenue and financial key figures of Coca-Cola 2009-2019, Profit from additional features with an Employee Account. U.S. exports of services to China were $58.9 billion in 2018. Please authenticate by going to "My account" → "Administration". Potential US-China trade deal could remove tariffs. China - Imports and Exports - World - 2002 - 2019. The trade deficit exists because U.S. exports to China were only $106.4 billion while imports from China were $451.6 billion. Soybean imports rose 0.5 percent to 88.51 million tonnes in 2019. New, Everything you need to know about the industry development, Find studies from all around the internet. U.S. soybean exports to China fell 47.6 percent year-on-year in 2018, dragged by ongoing trade tensions. In 2017-18, China was by far Australia's largest trading partner, contributing $194.6 billion worth of imports and exports. China was the third largest market for U.S. agricultural exports. Thermal coal exports to China have increased rapidly over the past decade, from less than 2 per cent of Australian thermal coal exports in 2008, to around one-quarter currently. Share of main export partners of China 2019, Value of exports from China by month 2017-2020, Merchandise trade balance of China 2009-2019, Share of China's exports in GDP 2009-2019. The trade war sent U.S. exports down for the second consecutive year, but the 11.4% contraction to states’ exports to China in 2019 might actually look … The world aggregation represents the sum of reporting and non reporting countries. Exports of goods and services (annual % growth), Exports of goods and services (constant LCU), Exports of goods and services (constant 2010 US$), Exports of goods and services (current US$), Exports of goods and services (current LCU), Exports as a capacity to import (constant LCU), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. This represented a 45% decline from 2017 due to the additional tariffs on U.S. exports imposed by China in mid-2018. Profit from additional features by authenticating your Admin account. The volume of China’s 2019 steel exports was almost double that of the world’s second-largest exporter, Japan. A first of its kind, the Foundation will bring together state, territory and local governments, business, education institutes, community and cultural sectors, and Chinese Australian communities to strengthen cooperation between the two countries. July 2019. This feature is limited to our corporate solutions. Australia has achieved favourable market access conditions to a diverse range of valuable markets, which has been critical for industry’s growth and ability to mitigate trade risk. Export duties. China's booming economy means a booming demand for luxury brands and a growing list of billionaires. China's exports unexpectedly rise in July — but more US tariffs may weigh on trade. Chart. US goods exports to China declined in 2018, after breaking a record the previous year. Goods Exports. China's exports unexpectedly fell in August as shipments to the US slowed sharply, ... 26 August 2019. VCG via Getty Images . McKinsey Global Institute Since its founding in 1990, the McKinsey Global Institute (MGI) has sought to develop a deeper understanding of the evolving global economy. Both exports to and imports from China increased between 2009 and 2019. This partnership can be seen in the top five export products as well. Based on the average exchange rate for 2019, the Chinese yuan has depreciated by -10.9% against the US dollar since 2015 and retreated by -4.4% from 2019 to 2019. China's exports fell in November as shipments to the US slowed sharply, ... 21 November 2019. In 2018, China was the fourth largest market for U.S. food and agricultural exports at $13.2 billion, a drop from its second-place status the year before. Imports. China was the United States' 3rd largest goods export market in 2019. The volume of China’s 2019 steel exports was almost double that of the world’s second-largest exporter, Japan. Statista. In value terms, steel represented about 2 percent of the total amount of goods China exported in 2019. Exports of goods and services (% of GDP) - China from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). In 2019, U.S. agricultural exports to China totaled $13.8 billion, up from $9.1 billion in 2018. In, WTO. China exports for 2017 was $2,424.20B, a 10.19% increase from 2016. Meanwhile, China’s fruit exports in 2019 totaled a volume of 3.61 million tons and a value of $5.5 billion, corresponding to YOY increases of 4% and 14%, respectively. Japan is the second-biggest export destination but its … China is … In the lead-up to the election, there has been lots of discussion about exports to China thus far in 2020. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. In 2019, China exported approximately 2.5 trillion U.S. dollars worth of goods. China exports for 2018 was $2,655.59B, a 9.55% increase from 2017. ", WTO, Value of export of goods from China from 2009 to 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/263661/export-of-goods-from-china/ (last visited December 24, 2020), Value of export of goods from China from 2009 to 2019, Value of the leading merchandise exporters worldwide 2019, by exporting nation, Share of China's exports in global exports 2019, Annual change of exported goods from China 2009-2019, Export of goods from China 2019, by region, Commercial service export breakdown by category in China 2019, Main export partners of China 2019, based on export value, Trade balance of the European Union with China 2009-2019, Value of EU imports from China 2019, by commodity, Total value of U.S. trade in goods with China 2009-2019, U.S. import growth of trade goods from China 2009-2019, Export value of primary and manufactured goods from China 2019, Export value of primary goods from China 2019, by product category, Export value of manufactured goods from China in 2019, by product category, Export value of crude oil from China 2019, Number of vehicles exported from China 2009-2019, by type, Export value of rice from China 2009-2019, Export value of cotton from China 2009-2019, Change in monthly exports in China 2017-2020, Value of shoes, hats and other and accessories exported from Taiwan 2011-2019, Value of jewelry and precious metals exported from Taiwan 2011-2019, Value of animal and vegetable oils and fat exports from Taiwan 2011-2019, Value of nonmetallic mineral products exported from Taiwan 2011-2019, Value of basic metal and its products exported from Taiwan 2011-2019, Value of paper products and printed matters exported from Taiwan 2011-2019, Distribution export food and drinks industry in the Netherlands 2018, by subsector, Merchandise trade export value from Canada to China 2013-2019, Leading footwear export partners the Netherlands 2019, by export volume, Footwear trade in Luxembourg in 2019, by value, Costa Rica: pineapple exports FOB value H1 2017, by destination country, Share of total exports to OIC in halal industry Malaysia 2017 by sector, Export volume of wooden bedroom furniture from Denmark 2016-2019, Value of the import and export of mosses to and from the Netherlands 2008-2015, Prepared unrecorded sound recording media export value in the UK 2011-2017, Argentina: export value of chemicals and products from the UK 2012-2018, Automotive Industry in China: Imports and Exports, Value of export of goods from China from 2009 to 2019 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, food and live animals used for food are the main export products. From April 1, 2019, China’s import VAT on imported goods has been lowered to either nine percent or 13 percent, ... and duty payable should be calculated in RMB using the benchmark exchange rate published by the People’s Bank of China. 6, 2019, 10:21 AM. Find Out, Online tool for visualization and analysis. U.S. exports to China accounted for 6% of overall U.S. exports in 2019. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Please do not hesitate to contact me. (May 3, 2020). Midwestern and Plains states that export Exports of goods and services (% of GDP) - China from The World Bank: Data. Australian wine exports to China (including Hong Kong and Macau) have reached a record value of $1.25 billion, an increase of 18 per cent, with average value increasing by 40 per cent to $8.42 per litre FOB in the 12 months to September 2019. In 2018, the United States exported $118.9 billion in goods to China, compared with an all-time high $127.9 billion in 2017. Find Out . (billed annually). New, Figures and insights about the advertising and media world, Industry Outlook Exports to China in the United States increased to 14723 USD Million in October from 11536.75 USD Million in September of 2020. The United States Department of Agriculture (USDA), through the Foreign Agricultural Service (FAS), operates six offices in the People‘s Republic of China for the purpose of expanding exports of U.S. agricultural, fishery, and forestry products. Merchandise exports. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Chi… In 2019, China was the third largest partner for EU exports of goods (9 %). Register in seconds and access exclusive features. ... 26 August 2019. U.S. goods exports to China in 2019 were $106.4 billion, down 11.5% ($13.8 billion) from 2018 but up 53.2% from 2009. Lamb export values averaged A$8.79/kg, a lift of 11% on 2018 and 16% higher than the five-year average. Developing economies exported a total of US$ 8,779 billion in 2018, of which US$ 193 billion were from least-developed countries. Goods, Value of Exports for Province of China Taiwan Dollars, Monthly, Not Seasonally Adjusted Jan 1957 to Mar 2019 (2019-08-19) Exports: Value Goods to European Union (15 countries) from China (DISCONTINUED) Are you interested in testing our corporate solutions? Export value of manufactured goods from China in 2019, by product category Export value of crude oil from China 2019 Number of vehicles exported from China 2009-2019, by type U.S. export losses to China during the trade war have totaled about $30 billion so far, with seven product categories accounting for more than $1 billion each and another 41 topping $100 million. Dollars). As politics waxes and wanes, keep a close eye on China’s buying trends. China: a future export base for global markets? That downward trend continues as of the writing of this report – U.S. exports of China were down 20% YoY through April of 2019. The World Bank's World Integrated Trade Solution also provides their own list of top exporting countries.. 2019 … Data. exports of fuels and mining products, manufactured goods and agriculture grew by 23 per cent, 8 per cent and 5 per cent respectively. China's economy appeared to be gathering pace in July as exports rose the most this year while some raw material imports hit record highs, adding to hopes for a more sustained recovery. $59 per month* Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Figures have been rounded to provide a better understanding of the statistic.The source does not provide an exact publication date. In 2019, the United States was the second most significant export partner of China with a share in total exports of about 17 percent. China’s total exports expanded in 2019 while trade with the U.S. dropped as the trade war hit relations between the two biggest economies. You only have access to basic statistics. These factors may increase the volume of US goods exports to China in 2019. Exports to China in the United States averaged 3655.70 USD Million from 1980 until 2020, reaching an all time high of 14723 USD Million in October of 2020 and a record low of 75.20 USD Million in May of 1983. May 3, 2020. In 2018, U.S. exports to China decreased due a trade dispute resulting in retaliatory tariffs and slowing economic growth. Chinese Vice Premier Liu He on Monday arrived in Washington to conclude a phase one trade agreement the two countries agreed in December which contains imports of U.S. agricultural products. While Australia has witnessed dramatic growth in trade to China this year, the trend is nowhere near as acute as it is in other beef exporting countries. World Bank national accounts data, and OECD National Accounts data files. China currently is the largest volume destination for Australian lamb. Learn more about how Statista can support your business. Export growth has been a major component supporting China's rapid economic expansion. TAGS: Beef cattle, livestock, sustainability, management. facts. China exported 680,000 Passenger Cars in both 2018 and 2019. Merchandise exports. US goods exports to China declined in 2018, after breaking a record the previous year. A further 29.1 per cent of total exports went to Japan, the Republic of Korea, the United States and India, collectively. and over 1 Mio. Dr. Nevil Speer | Nov 05, 2020. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). This is a list of countries by merchandise exports, based on UN COMTRADE and ITC statistics.. Although China became Australia’s top beef export market in 2019, increasing its share of Australian exports from 14% in 2018 to 24% in 2019, Australia is less exposed to China than other key suppliers. July 2019 • Growth in exports to China slowed due to trade disputes between the United States and China. For example, the US is the top importer of computers (29%) and broadcasting equipment (26%). China finished 2019 accounting for 300,132 tonnes of Australian beef, more than 90 percent of which was frozen. May 9, 2019 November 20, 2019 - by Daniel Darling. China’s top three export partners are the United States ($432 billion, or 18%), Hong Kong ($258 billion, or 11%), and Japan ($166 billion, or 7%). China exports for 2019 was $2,641.27B, a 0.54% decline from 2018. Details may not equal totals due to rounding. dollars)." WTO. China’s exports rose only 0.5 per cent in US dollar terms in 2019, a sharp deceleration from a rise of 9.9 per cent in 2018, according to data released on Tuesday. U.S. exports to China in 2018 were $120.34 billion, down from $129.89 billion in 2017. 2 years ago . Download Historical Data Save as … China's exports unexpectedly rise in July — but more US tariffs may weigh on trade Published Wed, Aug 7 2019 10:20 PM EDT Updated Thu, Aug 8 2019 5:45 AM EDT Yen Nee Lee @YenNee_Lee The world aggregation represents the sum of reporting and non reporting countries. May. Export and Import Structure by Country Find Out China was the third largest market for U.S. agricultural exports. May. If you continue to navigate this website beyond this page, cookies will be placed on your browser. "Value of Export of Goods from China from 2009 to 2019 (in Billion U.S. Beijing continues to build its stature as a global arms exporter, according to the Pentagon’s annual report to Congress on the military and security developments of the People’s Republic of China (PRC). Published 7 November 2019. This indicated a growth in export value of less than one percent compared to the previous year. During 2019, the largest export increases were seen in soybeans and pork and pork … In 2019, the Australian Government announced the establishment of a new National Foundation for Australia China Relations. For the full calendar year, China has accounted for 24.4pc of all Australian beef exports. China Exports By Country Value Year; United States: $479.70B 2018 Hong Kong: $302.96B 2018 Japan: $147.24B 2018 South Korea: $109.03B 2018 Vietnam: $84.02B 2018 … China’s exports unexpectedly contracted in August, with sales to the U.S. tumbling amid the escalating trade war between the two nations. 2019 : U.S. trade in goods with China NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Value of export of goods from China from 2009 to 2019 (in billion U.S. dollars) [Graph]. Wine Australia says the industry has had its most valuable export year since 2007. China’s steel exports have fallen YoY in four out of the last six months. For years, communist China had a closed economy that did almost no international trade. To learn more about cookies, click here. In recent years exports to economies in South-East Asia have been growing strongly, albeit from fairly low levels, reflecting the increase in thermal coal electricity generation in these countries. This site uses cookies to optimize functionality and give you the best possible experience. More than 75 per cent of Australia's exports went to Australia's top ten export destinations in 2017-18. In 2019 China's exports increased 0.5 percent, slowing sharply from a 10 percent rise in 2018, with sales to the US falling sharply amid ongoing trade tensions. Accessed December 24, 2020. https://www.statista.com/statistics/263661/export-of-goods-from-china/, WTO. China's huge export industry has suffered its worst month in three years, hurt by the trade war with the United States and a slowing global economy. Please contact us to get started with full access to dossiers, forecasts, studies and international data. China exports steel to more than 200 countries and territories. Assuming an annualized $2.393 trillion in exports for all 2020, China is on track for an estimated -4.2% drop in value for its shipments from 2019 to 2020. Corporate solution including all features. China's August exports to the US fell 16% year-on-year, slowing sharply from a decline of 6.5% in July. The position of China among the largest trade partners of the EU in 2019 can be seen in Figure 3. Please create an employee account to be able to mark statistics as favorites. China was Australia's largest export destination, receiving 30.6 per cent of our total exports. Meanwhile, exports of mechanical and electrical products and labor-intensive products accounted for nearly 60 percent of the total exports in 2019. The World Bank's World Integrated Trade Solution also provides their own list of top exporting countries.. 2019 … Then you will be able to mark statistics as favourites and use personal statistics alerts. That's 18% less than 2018's $418.9 billion deficit. Meanwhile, imports from the US slumped 22.4%. If we compare this volume with total domestic production of 21 million units last year, there is no denying the limited scale of Chinese vehicle exports, at just 3% of total output in 2019.