Lu also mentioned the changing factors in exports based on the global situation. China's dollar-denominated exports unexpectedly rose in April, but imports fell the same month as movement restrictions to contain the coronavirus outbreak eased.. 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). "Based on the data in June, China's foreign trade in overall has gradually stabilized, and the previous efforts have also achieved results. Purchases from the US went up 2 percent to USD 10.5 billion and those from the European Union plunged 29.7 percent. Imports to China unexpectedly fell by 2.1 percent year-on-year to USD 176.3 billion in August of 2020, missing market expectations of a 0.1 percent gain and following a 1.4 percent drop a month earlier. This was the first increase in imports in three months, as the domestic demand recovery from the pandemic shock continued. Imports of copper were down 12.3 percent from a record high in July, but were still up by 65.5 percent from a year earlier. Download historical data for 20 million indicators using your browser. A Reuters poll estimated that June exports contracted by 1.5 percent from a year earlier, while imports were expected to fall by 10 percent from the previous year, as compared with a 16.7-percent fall in May. The Trading Economics Application Programming Interface (API) provides direct access to our data. Among key trade partners, exports were up to the US (20.5 percent), ASEAN (14.4 percent), South Korea (14.8 percent), Taiwan (9.2 percent) and Australia (2.5 percent). In contrast, imports of crude oil fell 6.7% to 42.56 million tonnes. This marked the fifth straight month of increase in outbound shipments and the fastest in 19 months, as global demand recovered further from the coronavirus hit. However, as some countries gradually reopen their economies and start producing PPE domestically for security reasons, China's exports of those products could decline.". This page provides - China Exports - actual values, historical data, … For September, China’s imports surged 13.2% in U.S. dollar terms, according to official customs data on Tuesday. 1981-2020 Data | 2021-2022 Forecast | Calendar | Historical | Chart. Exports of textiles including masks increased by 32.4 percent in H1, and exports of medical materials and drugs, and medical devices increased by 23.6 percent and 46.4 percent respectively. Nomura also raised China's import growth forecast for the second half of 2020 to -1.0 percent year on year from -7.0 percent. Imports to China jumped 13.2 percent year-on-year to an all-time high of USD 202.8 billion in September 2020, far above market expectations of a 0.3 percent rise and following a 2.1 percent drop a month earlier. In addition, purchases of soybean soared 41% to 8.69 million, due to rising cargoes from Brazil and the US. Imports to China rose by 4.7 percent year-on-year to USD 178.74 billion in October 2020, after a 13.2 percent surge a month earlier and less than market estimates of a 9.5 percent increase. Chinese Shares End in the Red on Regulatory Concerns, China Car Sales Rise 12.5% YoY in October, PBoC Injects CNY 150 Billion into Money Market, China Imports Rise Less than Forecast in October, Thailand Consumer Sentiment Strengthens in October. Exports from China rose 9.9 percent year-on-year to an all-time high of USD 239.8 billion in September 2020, the fourth straight month of increase and broadly in line with market consensus, as the global demand continued to recover from the pandemic hit. Exports rose 9.9% from a year ago — close to analysts’ expectations of 10%, according to a Reuters poll. "Maybe there will be a relapse, but the worst is over," Bai said, noting that the future of foreign trade depends mainly on the recovery of the world economy, especially the major trading partners such as European and American countries, as well as the Belt and Road Initiative, whether it can play a greater role. Nomura raises China's exports growth forecast in H2. Imports to China rose by 4.7 percent year-on-year to USD 178.74 billion in October 2020, after a 13.2 percent surge a month earlier and less than market estimates of a 9.5 percent increase. 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. Meanwhile, exports of laptops and mobile phones rose by 9.1 percent and 0.2 percent, respectively, driven by the rising need for "working from home.". 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. In contrast, shipments fell for steel (-0.62 percent), rare earths (44 percent) and grains (-36.77 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). Direct access to our calendar releases and historical data. During the same period, exports declined by 6.2 percent year on year to 1.10 trillion U.S. dollars, while imports dropped by 7.1 percent to 930.9 billion dollars, data showed. Exports from China jumped 11.4 percent year-on-year to USD 237.18 billion in October 2020, following a 9.9 percent gain a month earlier and beating market consensus of 9.3 percent growth. Foreign trade has greatly benefited from imports, but trade contains both buying and selling, and the performance of export is not enough," said Bai Ming, deputy director of the Academy of International Trade and Economic Cooperation in Ministry of Commerce. Iron ore imports fell 10.9 percent to 100.36 million tonnes, easing from a record high on fewer shipments from big miners and port congestion, but were still 5.8 percent higher over a year earlier. The country's exports have been boosted by record shipments of medical supplies and robust demand for electronic products. 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 Trading Economics Application Programming Interface (API) provides direct access to our data. Download historical data for 20 million indicators using your browser. Robust shipments of medical supplies and electronic products have supported sales over the past several months while reduced manufacturing capacity in some countries also benefited China. Exports from China jumped by 7.2 percent year-on-year to USD 237.6 billion in July 2020, accelerating from a 0.5 percent gain in the previous month and defying market expectations of a 0.2 percent fall. But significant negative downside risks to China's exports remain if the pandemic extends to end-2020 or even into 2021, said Lu. China's trade with the Belt and Road countries inched down by 0.9 percent to 4.2 trillion yuan. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Meanwhile, imports from Australia declined 9.5 percent. Beijing ICP prepared NO.16065310-3, China's imports and exports rebound in June as recovery gains momentum. Purchases of unwrought copper and copper products jumped 43.4 percent yoy to 618,108 tonnes. "Assuming the pandemic will be gradually contained in the second half, we raise our export growth forecasts to 0.0 percent year on year in both Q3 and Q4 from our previous forecasts of -10.0 percent and -8.0 percent, respectively, said Lu. "The lack of exports is not because of no goods, like several months ago, but no orders, which at least presents that our production capacity has been restored. Imports were up for crude oil (17.6 percent), natural gas (5.5 percent), unwrought copper (62.3 percent), copper ores & concentrates (35.2 percent), iron ore (9.3 percent), steel products (159.2 percent), soybeans (19.4 percent) and rubber (58.6 percent). Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Publish your articles and forecasts in our website. Exports in China averaged 682.26 USD HML from 1981 until 2020, reaching an all time high of 2397.58 USD HML in September of 2020 and a record low of 12.50 USD HML in February of 1983. Meanwhile, import volumes of industrial raw materials remained robust, with record imports of iron ore and copper, along with a sharp jump in crude oil. Chinese Shares End in the Red on Regulatory Concerns, China Car Sales Rise 12.5% YoY in October, PBoC Injects CNY 150 Billion into Money Market, China Imports Rise Less than Forecast in October, Thailand Consumer Sentiment Strengthens in October. 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). 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).