List of the largest trading partners of China

This is a list of the largest trading partners of the People's Republic of China.

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 2024 were as follows:

2024 Imports and Exports of goods by top 23 trading partners (billions of USD) ^[3]

Rank	Country / Territory	Total trade	China exports	China imports	Trade balance
-	ASEAN	982.3	586.5	395.8	190.7
-	European Union	785.8	516.5	269.3	247.2
1	United States	688.3	524.7	163.6	361.1
2	South Korea	328.1	146.4	181.7	-35.3
3	Japan	308.3	152.0	156.3	-4.3
4	Taiwan	293.0	75.2	217.8	-142.6
5	Vietnam	260.7	161.9	98.8	63.1
6	Russia	244.8	115.5	129.3	-13.8
7	Australia	211.3	70.7	140.6	-69.9
8	Malaysia	212.0	101.5	110.6	-9.1
9	Germany	201.9	107.1	94.8	12.3
10	Brazil	188.2	72.1	116.1	-44.0
11	Indonesia	147.8	76.7	71.1	5.6
12	India	138.5	120.5	18.0	102.5
13	Thailand	134.0	86.0	48.0	38.0
14	Singapore	111.1	79.2	31.9	47.3
15	Netherlands	110.0	91.2	18.8	72.4
16	United Kingdom	98.4	78.9	19.5	59.4
17	Canada	93.0	46.4	46.6	-0.2
18	France	79.6	44.5	35.1	9.4
19	Italy	72.5	46.2	26.4	19.8
20	Philippines	71.6	52.3	19.3	33.0
—	Total	6,162.3	3,577.3	2,585.1	992.2

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] Nation Percentage   North Korea 53%   Mongolia 78%   Turkmenistan 71%   Solomon Islands 51%   Eritrea 52%   Angola 40%   Oman 40%   Myanmar 36%   Congo 39%   Mauritania 24%   DR Congo 55%   Australia 29%   New Caledonia 62%   Iran 36%   Chile 39%   South Korea 21%   Guinea 37%   Peru 30%   Iraq 28%   New Zealand 28%   Brazil 26%   Saudi Arabia 19%   Singapore 13%   Indonesia 21%   South Africa 16%   Belarus 15%   Cuba 40%   Gabon 43%   Georgia 11%   Japan 19%   Kazakhstan 14%   Kuwait 24%   Panama 17%   Philippines 14%   Qatar 18%   Russia 21%   Sierra Leone 54%   South Sudan 44%   Taiwan 22%   Timor-Leste 25%   Uruguay 24%   Venezuela 16%   Yemen 32%

Imports [5] Nation Percentage   North Korea 98%   Kyrgyzstan 64%   Mauritania 18%   Angola 24%   Argentina 21%   Cambodia 30%   Myanmar 45%   Mongolia 36%   Pakistan 28%   Ethiopia 24%   Gabon 22%   Gambia 31%   Germany 10%   Paraguay 28%   Japan 22%   Solomon Islands 37%   Vietnam 38%   Bangladesh 32%   Belarus 26%   Benin 24%   Brazil 24%   Ivory Coast 18%   Djibouti 38%   Chile 26%   Kenya 26%   Australia 28%   Indonesia 31%   Peru 27%   Uzbekistan 24%   Russia 39%   Thailand 26%   South Korea 23%   Madagascar 24%   Rwanda 19%   United States 18%   Tanzania 30%   Nigeria 32%   DR Congo 33%   Congo 26%   New Zealand 21%   Malaysia 28%   Eritrea 34%   South Africa 21%   Uganda 23%   Algeria 18%   Cameroon 39%   Chad 25%   Mauritius 16%   Ghana 41%   Philippines 32%   India 15%   Saudi Arabia 22%   Singapore 17%   Jordan 17%   Burundi 15%   Egypt 17%   Turkey 13%   Sierra Leone 33%   Lebanon 14%   Bahrain 15%   United Arab Emirates 18%   Greece 12%   Guinea 37%   Iran 28%   Israel 14%   Liberia 42%   Macau 39%   Marshall Islands 33%   Niger 22%   Palau 35%   Panama 20%   Papua New Guinea 26%   Rwanda 19%   Samoa 25%   Senegal 22%   Sudan 22%   Taiwan 19%   Tajikistan 33%   Tuvalu 34%   United Kingdom 12%   Venezuela 31%   Yemen 26%

See also

• Economy of China
• Internationalization of the renminbi
• List of countries by leading trade partners
• List of the largest trading partners of the United States
• List of the largest trading partners of the ASEAN

References

1. Raúl, Bernal-Meza (2016). "China and Latin America Relations: The Win-Win Rhetoric". Journal of China and International Relations. ProQuest   1912544147.
2. Bradsher, Keith (2018). "China's Economic Growth Looks Strong. Maybe Too Strong". The New York Times. ISSN   0362-4331 . Retrieved 28 March 2018.
3. "National Data". National Bureau of Statistics of China. 12 January 2024. Retrieved 31 May 2024.
4. "Exports - partners". World Fact Book, Central Intelligence Agency.
5. "Imports - partners". World Fact Book, Central Intelligence Agency.