2010-2014 China Import and Export Overview (Unit: Billion USD)
Year |
I&E Turnover |
Export Sales |
Import Turnover |
Difference |
|||
Total |
YoY |
Total |
YoY |
Total |
YoY |
||
2010 |
2974.001 |
34.7% |
1577.754 |
31.3% |
1396.247 |
38.8% |
181.507 |
2011 |
3641.864 |
22.5% |
1898.381 |
20.3% |
1743.484 |
24.9% |
154.897 |
2012 |
3867.119 |
6.2% |
2048.714 |
7.9% |
1818.405 |
4.3% |
230.309 |
2013 |
4160.308 |
7.6% |
2210.019 |
7.9% |
1950.289 |
7.3% |
259.730 |
2014 |
4303.037 |
3.4% |
2342.747 |
6.1% |
1960.290 |
0.4% |
382.456 |
Remark: YoY indicates year-on-year.
From 2010 to 2014, the China import and export (I&E) turnovers are 2.97 trillion USD, 3.64 trillion USD, 3.87 trillion USD, 4.16 trillion USD, and 4.3 trillion USD. The turnover is increasing year by year.
2010-2014 China Export Patterns (Unit: Billion USD)
2010 |
2011 |
2012 |
2013 |
2014 |
|
Total Turnover |
1577.754 |
1898.381 |
2048.714 |
2210.019 |
2342.75 |
General Trade |
720.733 |
917.124 |
988.007 |
1087.531 |
1203.68 |
Processing Trade |
740.334 |
835.416 |
862.779 |
860.816 |
884.36 |
Others |
116.865 |
146.060 |
197.996 |
261.672 |
254.71 |
In 2014, the I&E turnover via general trade is 14.21 trillion USD, which is increasing by 4.2%, and occupies 53.8% of the total I&E turnover. Meantime, the I&E turnover via processing trade is 8.65 trillion USD, which is increasing by 2.8%, and occupies 32.7% of the total I&E turnover.
2010-2014 Exported Chinese Product Types (Unit: Billion USD)
Year |
2010 |
2011 |
2012 |
2013 |
2014 |
Total Turnover |
1577.754 |
1898.381 |
2048.714 |
2210.019 |
2342.747 |
Primary Commodity |
81.717 |
100.552 |
100.581 |
107.283 |
112.705 |
Food and live animals |
41.153 |
50.497 |
52.080 |
55.729 |
58.918 |
1.906 |
2.276 |
2.59 |
2.608 |
2.883 |
|
Non-edible raw materials |
11.602 |
14.978 |
14.341 |
14.57 |
15.828 |
Mineral fuel, lubricating oil, and related raw materials |
26.700 |
32.276 |
31.026 |
33.792 |
34.453 |
Animal and vegetable oil/wax |
0.356 |
0.526 |
0.545 |
0.584 |
0.623 |
Manufactured Goods |
1496.216 |
1798.048 |
1948.354 |
2102.736 |
2230.041 |
Chemicals and related products |
87.587 |
114.787 |
113.629 |
119.659 |
134.593 |
Manufactured goods by raw materials |
249.151 |
319.60 |
333.168 |
360.653 |
400.375 |
Machinery and transportation devices |
780.330 |
901.912 |
964.422 |
1039.246 |
1070.632 |
Miscellaneous products |
377.680 |
459.410 |
535.718 |
581.448 |
622.174 |
Ungrouped products |
1.468 |
2.339 |
1.417 |
1.729 |
2.267 |
Year |
2010 |
2011 |
2012 |
2013 |
2014 |
Total Volume |
13962.47 |
17434.84 |
18184.05 |
19502.89 |
19602.90 |
Primary Commodity |
4325.56 |
6043.76 |
6346.05 |
6576.01 |
6474.40 |
Food and live animals |
215.66 |
287.65 |
352.62 |
416.99 |
468.23 |
Beverage and cigarette |
24.29 |
36.85 |
44.03 |
45.10 |
52.18 |
Non-edible raw materials |
2111.18 |
2852.55 |
2696.15 |
2861.43 |
2701.11 |
Mineral fuel, lubricating oil, and related raw materials |
1887.04 |
2755.60 |
3127.97 |
3149.06 |
3167.95 |
Animal and vegetable oil/wax |
87.40 |
111.11 |
125.27 |
103.42 |
84.93 |
Manufactured Goods |
9622.72 |
11390.82 |
11832.21 |
12926.87 |
13128.50 |
Chemicals and related products |
1496.36 |
1811.44 |
1792.69 |
1902.98 |
1933.74 |
Manufactured goods by raw materials |
1311.13 |
1503.28 |
1459.00 |
1482.92 |
1724.18 |
Machinery and transportation devices |
5495.61 |
6303.88 |
6527.50 |
7103.50 |
7244.51 |
Miscellaneous products |
1135.26 |
1277.09 |
1365.29 |
1390.11 |
1398.43 |
Ungrouped products |
184.37 |
495.13 |
687.74 |
1047.36 |
827.64 |
The structure of markets for import and export is more balanced in 2014, which is indicated by the fact that import and export situations in developed countries are stable, and emerging markets gain great improvement in import and export. In 2014, the I&E turnovers regarding EU and USA increase by 9.9% and 6.6% respectively. The increasing rate for I&E turnovers regarding ASEAN, India, Russia, Africa, Middle Europe, and East Europe rises as well. The policy of establishing free trade zones (FTZs) greatly enhances export sales. The export sales to FTZ partners (not including Macao, Hongkong, and Taiwan) increase by 10.6%, which occupies 13.4% of the total export turnover. This percentage to total export turnover increase by 0.6% compared with that in 2013.
In 2014, the export sales of electromechanical products increases by 3.7%, which occupies 56% of the total export turnover. The advantage of Chinese equipment manufacturing industry is high quantity but competitive price, which leads to the result that the export sales of Chinese large-scale manufacturing sets like electric equipment, communication equipment, and vehicles increase by 10%. While the export sales of labor-intensive products like textile and garment are 485.1 billion USD, which increases by 5%.
In 2014, the percentage of general trade resumes to over 50% of the total trade turnover, which is 53.8%, increasing by 1% compared with that of 2013. The I&E turnover via general trade is 2.31 trillion USD, which increases by 5.3%. The export turnover via general trade increases by 10.7% and occupies 51.4% of the total export turnover. This is the highest percentage in the last 20 years. The contribution trade of general trade is 87.8%. While the I&E turnover of processing trade is 1.41 trillion USD in 2014, which increases by 3.8%.
In 2014, the I&E turnover of the service industry reaches 604.3 billion USD, which increases by 12.6%. The advanced service industry trade increases rapidly. For example, the growth rates of the finance, communications, and information technology (IT) industries are 59.5%, 24.6%, and 25.4% respectively.
Data source: Ministry of Commerce People's Republic of China