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China Exports

Last Release
Aug 2021
Actual
2943.16 USD HML
Forecast
21 USD HML
Previous
2826.62 USD HML
Frequency
Monthly
Units In
USD HML
Next Release
Oct 13, 2021
Time to Release
25 Days 6 Hours
Highest
Lowest
Average
Date Range
Source
2943.16 USD HML
Aug 2021
12.5 USD HML
Feb 1983
727.47 USD HML1981 - 2021General Administration of Customs
Export growth has been a major component supporting China's rapid economic expansion. In 2019 China's exports increased 0.5 percent, slowing sharply from a 10 percent rise in 2018, with sales to the US falling sharply amid ongoing trade tensions. Machinery and transport equipment accounted for 48 percent of total exports, in particular electrical machinery, apparatus and appliances (14 percent), telecommunications and sound recording and reproducing apparatus and equipment (12 percent), office machines and automatic data processing machines (8 percent), and general industrial machinery and equipment, and machine parts (5 percent). Other major export categories were: miscellaneous manufactured articles (23 percent) on the back of furniture and parts thereof (3 percent); manufactured goods classified chiefly by material (16 percent) such as textile yarn, fabrics, made-up articles (5 percent), manufactures of metals (4 percent) and iron and steel (2 percent); chemicals and related products (6 percent); and food and live animals (3 percent). The EU and US were the largest destinations of China's shipments, accounting for 17 percent of exports each, followed by Hong Kong (11 percent), Japan (6 percent), South Korea (4 percent), Vietnam (4 percent), Germany (3 percent), India (3 percent) and the Netherlands (3 percent). The UK, Taiwan, Singapore, Malaysia, Russia, Australia, Indonesia, Thailand and the Philippines accounted for 2 percent each.

Latest Updates

Exports from China surged 25.6 percent year-on-year to a record USD 294.32 billion in August 2021, far above market estimates of 17.1 percent and accelerating from a 19.3 percent rise in July. It this was the 14th straight month of growth in outbound shipments, as high commodity prices and solid foreign demand specially from the US and Europe offset local COVID-19 outbreak, and port congestion. Exports to the US grew 15.52 percent year-on-year to USD 51.72 billion, accelerating from July’s 13.4 percent growth. Meanwhile, exports to the ASEAN countries rose by 16.59 percent from a year earlier.The top three exports were electronics, high-tech products, and clothing and clothing accessories.

China Exports History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Sep 7, 202103:10China Exports Hit New High
Aug 7, 202103:08China Exports Rise Less than Expected
DATETIMEEVENTActual
Nov 8, 201903:00Exports YoY-0.9 %
Oct 14, 201902:30Exports YoY-3.2 %
Sep 8, 201904:00Exports YoY-1 %
Aug 8, 201903:00Exports YoY3.3 %
Jul 12, 201907:50Exports YoY-1.3 %
Jun 10, 201903:00Exports YoY1.1 %
May 8, 201903:00Exports YoY-2.7 %

China trade Indicators

All China indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Balance of Trade
583.31
Aug 2021
565.89
Jul 2021
-320.02
Feb 2012
781.74
Dec 2020
USD HMLMonthly1981 - 2021
Capital Flows
-528
Jun 2021
-695.09
Mar 2021
-1,305.58
Dec 2008
725.4
Mar 2018
USD HMLQuarterly1998 - 2021
Crude Oil Production
3,782
Dec 2019
3,820
Nov 2019
1,012
Apr 1973
4,408
Jun 2015
BBL/D/1KMonthly1973 - 2019
Current Account
528
Jun 2021
694.46
Mar 2021
-341
Mar 2018
1,330.85
Dec 2008
USD HMLQuarterly1998 - 2021
Current Account to GDP
1.9
Dec 2020
0.8
Dec 2019
-3.7
Dec 1985
10.1
Dec 2007
% of GDPYearly1980 - 2020
Exports
2,943.16
Aug 2021
2,826.62
Jul 2021
12.5
Feb 1983
2,943.16
Aug 2021
USD HMLMonthly1981 - 2021

Exports across Asia

Exports global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Afghanistan
776.73
Dec 2020
863.83
Dec 2019
69.1
Dec 2002
875.24
Dec 2018
USD MillionYearly2000 - 2020
Azerbaijan
3,840,624
Mar 2021
2,825,029.5
Dec 2020
129,728
Mar 1998
9,996,038
Jun 2008
USD ThousandQuarterly1998 - 2021
Bhutan
9,330.34
Mar 2021
12,092.68
Dec 2020
1,129.6
Dec 1991
25,333.8
Dec 2007
BTN MillionQuarterly1991 - 2021
Brunei
1,113.9
Nov 2019
769.6
Oct 2019
491.1
Aug 2016
4,137.32
Sep 2008
Million BNDMonthly2005 - 2019
Cambodia
4,838
Sep 2019
6,648.4
Aug 2019
1,710.6
Apr 2014
7,420.8
Sep 2013
KHR BillionMonthly2009 - 2019
China
2,943.16
Aug 2021
2,826.62
Jul 2021
12.5
Feb 1983
2,943.16
Aug 2021
USD HMLMonthly1981 - 2021

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