{"id":3395,"date":"2014-01-14T16:10:50","date_gmt":"2014-01-14T16:10:50","guid":{"rendered":"https:\/\/examinechina.com\/blog\/?p=265"},"modified":"2023-07-25T12:22:40","modified_gmt":"2023-07-25T12:22:40","slug":"china-the-worlds-biggest-trader","status":"publish","type":"post","link":"https:\/\/www.examinechina.com\/china-the-worlds-biggest-trader\/","title":{"rendered":"China is the world&#8217;s biggest trader"},"content":{"rendered":"\n<p>China is the world&#8217;s biggest trader of physical goods. China exported $2.65 trillion worth of goods and imported $1.55 trillion worth of goods. The combined value is bigger than the US exports and imports.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">China is the biggest trader<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">China&#8217;s exports<\/h3>\n\n\n\n<p>China is number 1 in total exports in the world (physical goods). China mainly exports:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>broadcasting equipment (HS 8525, $223B, 8.44%)<\/li>\n\n\n\n<li>computers (HS 8471, $156B, 5.89%)<\/li>\n\n\n\n<li>integrated circuits (HS 8542, $120B, 4.54%)<\/li>\n\n\n\n<li>office machine parts (HS 8473, $86.8B, 3.28%)<\/li>\n\n\n\n<li>other cloth articles (HS 6307, $60.7B, 2.29%).<\/li>\n<\/ul>\n\n\n\n<p>China is the biggest manufacturer on Earth. Goods mainly come from <a href=\"https:\/\/examinechina.com\/blog\/factories-in-guangdong-province-china\/\">Guangdong<\/a> Province, <a href=\"https:\/\/examinechina.com\/blog\/factories-in-jiangsu-province-china\/\">Jiangsu<\/a> Province, <a href=\"https:\/\/examinechina.com\/blog\/industries-in-zhejiang-province-china\/\">Zhejiang<\/a> Province and <a href=\"https:\/\/examinechina.com\/blog\/factories-in-shandong-province-china\/\">Shandong<\/a> Province. China exports the majority of world&#8217;s:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>broadcasting equipment<\/li>\n\n\n\n<li>computers<\/li>\n\n\n\n<li>office machine parts<\/li>\n\n\n\n<li>other cloth articles<\/li>\n\n\n\n<li>telephones.<\/li>\n<\/ul>\n\n\n\n<p>The biggest destinations are the US, Hong Kong, Japan, Germany and South Korea.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Chinese exports by growth (% over 2019-220):<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>other cloth articles +654%<\/li>\n\n\n\n<li>felt machinery +632%<\/li>\n\n\n\n<li>laboratory reagents +407%<\/li>\n\n\n\n<li>vaccines, blood, antisera, toxins and cultures +355%<\/li>\n\n\n\n<li>felt or coated fabric garments +250%<\/li>\n\n\n\n<li>rubber apparel +229%<\/li>\n\n\n\n<li>hydrometers +169%<\/li>\n\n\n\n<li>gold +118%<\/li>\n\n\n\n<li>therapeutic appliances +90.1%<\/li>\n\n\n\n<li>non-voven textiles +60%.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">China&#8217;s imports<\/h3>\n\n\n\n<p>China is number 2 in total imports globally (physical goods). China imports:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>crude petroleum (HS 2709, $150B, 9.71%)<\/li>\n\n\n\n<li>integrated circuits (HS 8542, $144B, 9.34%)<\/li>\n\n\n\n<li>iron ore (HS 2601, $99B, 6.4%)<\/li>\n\n\n\n<li>cars (HS 8703, $42B, 2.72%)<\/li>\n\n\n\n<li>soybeans (HS 1201, $37.4B, 2.42%).<\/li>\n<\/ul>\n\n\n\n<p>China, to produce various items, needs components. The biggest import destination in China its capital city, Beijing. China is the world&#8217;s biggest importer of:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>crude petroleum<\/li>\n\n\n\n<li>iron ore<\/li>\n\n\n\n<li>soybeans<\/li>\n\n\n\n<li>petroleum gas<\/li>\n\n\n\n<li>copper ore.<\/li>\n<\/ul>\n\n\n\n<p>The biggest suppliers of China are Japan, South Korea, United States, Germany, and Chinese Taipei.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Chinese imports by growth (% over 2019-220):<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>raw iron bars +921%<\/li>\n\n\n\n<li>other foodstuff +827%<\/li>\n\n\n\n<li>cast or rolled glass +649%<\/li>\n\n\n\n<li>other stone and glass +557%<\/li>\n\n\n\n<li>raw aluminium +494%<\/li>\n\n\n\n<li>stainless steel ingots +447%<\/li>\n\n\n\n<li>big iron +333%<\/li>\n\n\n\n<li>semi-finished iron +314%<\/li>\n\n\n\n<li>hot-rolled iron bars +256%<\/li>\n\n\n\n<li>diamonds +148%.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China is the world&#8217;s biggest trader of physical goods. China exported $2.65 trillion worth of goods and imported $1.55 trillion worth of goods. The combined value is bigger than the US exports and imports. China is the biggest trader China&#8217;s &#8230; <a title=\"China is the world&#8217;s biggest trader\" class=\"read-more\" href=\"https:\/\/www.examinechina.com\/china-the-worlds-biggest-trader\/\" aria-label=\"Read more about China is the world&#8217;s biggest trader\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":3359,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[25],"tags":[498,535,534,63,42],"class_list":["post-3395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-import","tag-china","tag-china-exports","tag-china-imports","tag-import-from-china","tag-trade-with-china","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"_links":{"self":[{"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/posts\/3395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/comments?post=3395"}],"version-history":[{"count":4,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/posts\/3395\/revisions"}],"predecessor-version":[{"id":5780,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/posts\/3395\/revisions\/5780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/media\/3359"}],"wp:attachment":[{"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/media?parent=3395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/categories?post=3395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.examinechina.com\/wp-json\/wp\/v2\/tags?post=3395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}