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.

Contents

Background

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 industrial economies and those constituting the semi-periphery and periphery of the world system.' [1] Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world. All trading partners are considered important to the development of the Chinese economy, however the title of China's largest partners are ever-changing due to national and international policy changes.

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

The major trading partners for mainland China 2023 were as follows:

2023 Imports and Exports of goods by top 23 trading partners (billions of USD) [3]
RankCountry / TerritoryTotal tradeChina exportsChina importsTrade
balance
-Infobox ASEAN flag.svg  ASEAN 911.7523.7388.0135.6
-Flag of Europe.svg  European Union 783.0501.2281.7219.5
1Flag of the United States.svg  United States 664.5500.3164.2336.1
2Flag of Japan.svg  Japan 318.0157.5160.5-2.9
3Flag of South Korea.svg  South Korea 310.7149.0161.7-12.8
4Flag of Hong Kong.svg  Hong Kong 288.2274.513.7260.9
5Flag of the Republic of China.svg  Taiwan 267.868.5199.3-130.9
6Flag of Russia.svg  Russia 240.1111.0129.1-18.2
7Flag of Vietnam.svg  Vietnam 229.8137.692.245.4
8Flag of Australia (converted).svg  Australia 229.173.8155.4-81.6
9Flag of Germany.svg  Germany 206.8100.6106.2-5.6
10Flag of Malaysia.svg  Malaysia 190.287.4102.9-15.5
11Flag of Brazil.svg  Brazil 181.559.1122.4-63.3
12Flag of Indonesia.svg  Indonesia 139.465.274.2-9.0
13Flag of India.svg  India 136.2117.718.599.1
14Flag of Thailand.svg  Thailand 126.375.750.525.2
15Flag of the Netherlands.svg  Netherlands 117.1100.216.983.2
16Flag of Singapore.svg  Singapore 108.477.031.445.5
17Flag of the United Kingdom.svg  United Kingdom 98.077.920.157.9
18Flag of Canada (Pantone).svg  Canada 89.045.143.91.2
19Flag of France.svg  France 78.941.637.34.3
20Flag of the Philippines.svg  Philippines 71.952.419.532.9
21Flag of Italy.svg  Italy 71.844.527.217.3
Total5,936.83,380.02,556.8823.2

China is the largest trading partner of many countries. The following tables are based on 2022 data as shown on the CIA World Factbook.

Exports [4]
NationPercentage
Flag of North Korea.svg  North Korea 53%
Flag of Mongolia.svg  Mongolia 78%
Flag of Turkmenistan.svg  Turkmenistan 71%
Flag of the Solomon Islands.svg  Solomon Islands 51%
Flag of Eritrea.svg  Eritrea 52%
Flag of Angola.svg  Angola 40%
Flag of Oman.svg  Oman 40%
Flag of Myanmar.svg  Myanmar 36%
Flag of the Republic of the Congo.svg  Congo 39%
Flag of Mauritania.svg  Mauritania 24%
Flag of the Democratic Republic of the Congo.svg  DR Congo 55%
Flag of Australia (converted).svg  Australia 29%
Flag of FLNKS.svg  New Caledonia 62%
Flag of Iran.svg  Iran 36%
Flag of Chile.svg  Chile 39%
Flag of South Korea.svg  South Korea 21%
Flag of Guinea.svg  Guinea 37%
Flag of Peru.svg  Peru 30%
Flag of Iraq.svg  Iraq 28%
Flag of New Zealand.svg  New Zealand 28%
Flag of Brazil.svg  Brazil 26%
Flag of Saudi Arabia.svg  Saudi Arabia 19%
Flag of Singapore.svg  Singapore 13%
Flag of Indonesia.svg  Indonesia 21%
Flag of South Africa.svg  South Africa 16%
Flag of Belarus.svg  Belarus 15%
Flag of Cuba.svg  Cuba 40%
Flag of Gabon.svg  Gabon 43%
Flag of Georgia.svg  Georgia 11%
Flag of Hong Kong.svg  Hong Kong 21%
Flag of Japan.svg  Japan 19%
Flag of Kazakhstan.svg  Kazakhstan 14%
Flag of Kuwait.svg  Kuwait 24%
Flag of Panama.svg  Panama 17%
Flag of the Philippines.svg  Philippines 14%
Flag of Qatar.svg  Qatar 18%
Flag of Russia.svg  Russia 21%
Flag of Sierra Leone.svg  Sierra Leone 54%
Flag of South Sudan.svg  South Sudan 44%
Flag of the Republic of China.svg  Taiwan 22%
Flag of East Timor.svg  East Timor 25%
Flag of Uruguay.svg  Uruguay 24%
Flag of Venezuela.svg  Venezuela 16%
Flag of Yemen.svg  Yemen 32%
Imports [5]
NationPercentage
Flag of North Korea.svg  North Korea 98%
Flag of Kyrgyzstan (2023).svg  Kyrgyzstan 64%
Flag of Mauritania.svg  Mauritania 18%
Flag of Angola.svg  Angola 24%
Flag of Argentina.svg  Argentina 21%
Flag of Cambodia.svg  Cambodia 30%
Flag of Myanmar.svg  Myanmar 45%
Flag of Mongolia.svg  Mongolia 36%
Flag of Pakistan.svg  Pakistan 28%
Flag of Ethiopia.svg  Ethiopia 24%
Flag of Gabon.svg  Gabon 22%
Flag of The Gambia.svg  Gambia 31%
Flag of Germany.svg  Germany 10%
Flag of Paraguay.svg  Paraguay 28%
Flag of Japan.svg  Japan 22%
Flag of the Solomon Islands.svg  Solomon Islands 37%
Flag of Vietnam.svg  Vietnam 38%
Flag of Bangladesh.svg  Bangladesh 32%
Flag of Belarus.svg  Belarus 26%
Flag of Benin.svg  Benin 24%
Flag of Brazil.svg  Brazil 24%
Flag of Cote d'Ivoire.svg  Ivory Coast 18%
Flag of Djibouti.svg  Djibouti 38%
Flag of Chile.svg  Chile 26%
Flag of Kenya.svg  Kenya 26%
Flag of Australia (converted).svg  Australia 28%
Flag of Indonesia.svg  Indonesia 31%
Flag of Peru.svg  Peru 27%
Flag of Uzbekistan.svg  Uzbekistan 24%
Flag of Russia.svg  Russia 39%
Flag of Thailand.svg  Thailand 26%
Flag of South Korea.svg  South Korea 23%
Flag of Madagascar.svg  Madagascar 24%
Flag of Rwanda.svg  Rwanda 19%
Flag of the United States.svg  United States 18%
Flag of Tanzania.svg  Tanzania 30%
Flag of Nigeria.svg  Nigeria 32%
Flag of the Democratic Republic of the Congo.svg  DR Congo 33%
Flag of the Republic of the Congo.svg  Congo 26%
Flag of New Zealand.svg  New Zealand 21%
Flag of Malaysia.svg  Malaysia 28%
Flag of Eritrea.svg  Eritrea 34%
Flag of South Africa.svg  South Africa 21%
Flag of Uganda.svg  Uganda 23%
Flag of Algeria.svg  Algeria 18%
Flag of Cameroon.svg  Cameroon 39%
Flag of Chad.svg  Chad 25%
Flag of Mauritius.svg  Mauritius 16%
Flag of Ghana.svg  Ghana 41%
Flag of the Philippines.svg  Philippines 32%
Flag of India.svg  India 15%
Flag of Saudi Arabia.svg  Saudi Arabia 22%
Flag of Singapore.svg  Singapore 17%
Flag of Jordan.svg  Jordan 17%
Flag of Burundi.svg  Burundi 15%
Flag of Egypt.svg  Egypt 17%
Flag of Turkey.svg  Turkey 13%
Flag of Sierra Leone.svg  Sierra Leone 33%
Flag of Lebanon.svg  Lebanon 14%
Flag of Bahrain.svg  Bahrain 15%
Flag of the United Arab Emirates.svg  United Arab Emirates 18%
Flag of Greece.svg  Greece 12%
Flag of Guinea.svg  Guinea 37%
Flag of Hong Kong.svg  Hong Kong 44%
Flag of Iran.svg  Iran 28%
Flag of Israel.svg  Israel 14%
Flag of Liberia.svg  Liberia 42%
Flag of Macau.svg  Macau 39%
Flag of the Marshall Islands.svg  Marshall Islands 33%
Flag of Niger.svg  Niger 22%
Flag of Palau.svg  Palau 35%
Flag of Panama.svg  Panama 20%
Flag of Papua New Guinea.svg  Papua New Guinea 26%
Flag of Rwanda.svg  Rwanda 19%
Flag of Samoa.svg  Samoa 25%
Flag of Senegal.svg  Senegal 22%
Flag of Sudan.svg  Sudan 22%
Flag of the Republic of China.svg  Taiwan 19%
Flag of Tajikistan.svg  Tajikistan 33%
Flag of Tuvalu.svg  Tuvalu 34%
Flag of the United Kingdom.svg  United Kingdom 12%
Flag of Venezuela.svg  Venezuela 31%
Flag of Yemen.svg  Yemen 26%

See also

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References

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  4. "Exports - partners". World Fact Book, Central Intelligence Agency.
  5. "Imports - partners". World Fact Book, Central Intelligence Agency.