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China Imports

Last Release
Dec 31, 2023
Actual
228.28
Units In
USD HML
Previous
223.3
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
253.16
Nov 2021
1.39
Feb 1983
69.15 USD HML1981-2023General Administration of Customs
In 2019 imports to China fell 2.7 percent, the first yearly decline in three years, on weak domestic demand and persistent trade tensions with the US. Machinery and transport equipment accounted for 38 percent of total imports on the back of electrical machinery, apparatus and appliances (21 percent), road vehicles (4 percent), telecommunications and sound recording and reproducing apparatus and equipment (3 percent), and office machines and automatic data processing machines (3 percent). Other important categories were: mineral fuels, lubricants and related materials (17 percent) led by petroleum, petroleum products and related materials (13 percent) and gas, natural and manufactured (3 percent); crude materials, inedible, except fuels (14 percent), such as metalliferous ores and metal scrap (9 percent); chemicals and related products (11 percent) due to organic chemicals (3 percent) and plastics in primary forms (3 percent); miscellaneous manufactured articles (7 percent); manufactured goods classified chiefly by material (7 percent); and food and live animals (4 percent). The biggest source of imports was the EU (13 percent of imports) of which Germany (5 percent) and France (2 percent), followed by South Korea, Taiwan, Japan (8 percent each), the US and Australia (6 percent each), Brazil (4 percent), Malaysia, Vietnam, Russia and Saudi Arabia (3 percent each), and Thailand, Singapore and Indonesia (2 percent each).

Latest Updates

Imports to China rose by 20.6 percent year-on-year to USD 215.68 billion in October 2021, compared with market expectations of a 25.0 percent gain and after a 17.6 percent growth in September. Purchases grew for coal (96.29 percent), refined products (43.28 percent), natural gas (24.53 percent) copper ores & concentrates (6.33 percent), while fell for crude oil (-11.2 percent), unwrought copper (-33.58 percent), iron ore (-14.18 percent), steel products (-41.67 percent), edible oil (-30.73 percent), rubber (-23.70 percent), soybeans (-41.19 percent), and meats (-12.75 percent). Arrivals gained from Japan (9.9 percent), South Korea (22.3 percent), Taiwan (7.2 percent), Australia (24.3 percent), the US (4.6 percent), and the ASEAN countries (23.1 percent), but dropped slightly from the EU (-0.7 percent).

China Imports History

Last 12 readings

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