The Data and Analysis of 40 China's Import and Export Trading Countries in 2017

Tue May 29 15:17:55 CST 2018 Source: coowor.com Collect Reading Volume: 3694
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According to the statistics of customs, China's total value of import and export trade of China in 2017 reached 27.79 trillion yuan, ranking the first one in the world for many years, which increasing by 14.2% and reversing the dilemma of year-on-year decrease. Exports reached15.33 trillion yuan, increased by 10.8%. Imports reached 12.46 trillion yuan, increased by 18.7%. The trade surplus was 2.87 trillion yuan, decreased by 14.2%. By the way, the most attracted product is mechanical and electrical staff,and the export of it reached 8.95 trillion yuan, increased by 12.1% and exceeded the average export growth. Moreover it accounted for 58.4% of China's total export value.

The website www.coowor.com according to relevant data of 40 countries,which are China's import and export trading countries. The data showed that the top 10 countries and areas about China's total value of import and export are United States, Japan, South Korea, Germany, Taiwan, Australia, the Netherlands, Singapore, Vietnam, India. There are six Asian countries,two European countries,one North America country,1 Oceania country,and the average growth rate of all reached to 18.4%, which means all of them are still in a high speed growth. By the way,compared to the rate of trade growth of Holland 30.9% and the rate of the trade growth of Vietnam was about 30.2%, the performance of these 10 countries are quite sharp. The trading amount between the United States and China reached a staggering number of  $637.97 billion, and a deficit reached to $377.23 billion, which is the reason why the trade war break out between China and American.

The top 10 countries and regions about China's total value of export are the United States, Japan, Korea, the Netherlands, Germany, Mexico, India, Vietnam, the United Kingdom and Canada. We are surprised by the Netherlands and Mexico, and the imports of the Netherlands from China was more than many other countries what we are familiar with, like Germany. Although the trading amount between Mexico was only $80.86 billion,the amount of imports from China reached to $741.5,and the trade deficit reached to $67.44 billion.

The top 10 countries and regions of China's total value of export are the Holland, kazakhstan, Nigeria, Angola, India, Poland, Vietnam, Brazil, Pakistan, Indonesia. There are 5 Asian countries, and the average growth of them reached to 21.4%, which has a strong guidance for the Chinese export enterprises. Especially Nigeria is the fastest growing country in Africa as the export country of China. At last, both India and Vietnam and China keep the high-speed growth no matter in imports or exports with China.

The top 10 countries and areas about China’s total value of import are Korea, Japan, the United States, Germany, Taiwan, Australia, Singapore, Brazil, Russia. South Korea becomes the largest import country of China for two years beyond Japan. which is closely connected with the implementation of the trade between China and South Korea. Followed by the implementation of the zero tariff towards more and more commodity between China and South Korea,and the trading amount between China and South Korea will be higher and higher.

Appendix about the statistic of 40 countries in 2017

Editor: 宫裕帅