Similar to the previous visualization, the size and the color of each country on the map illustrate the magnitude of trade between China and that country. The United States traded products with China for a total of 586,721 million dollars, of which 451,813 corresponded to exports and 134,908 million to imports. Meanwhile, China intends to work actively to achieve the opening of trade in services and investment spheres, promote facilitation and liberalization of trade in services and investment, and create better market access and protection conditions for investments for Chinese investors participating in the world market. The data for these visualizations comes from the International Monetary Fund, with all values expressed in U.S. dollars. Together with its partners in free trade agreements, China intends to further reduce tariffs and non-tariff barriers to promote the mutual opening of trade in goods and try to achieve mutual benefits and positive results for all. In that year, U.S. imports from China totaled to 435.4 billion U.S. dollars. Other trading partners of China were: Hong Kong (exports for 272,659 million and imports for 6,984 million) and Taiwan (exports for 60,142 million and imports for 200,664 million). China saw its foreign trade rise by 0.7 percent year on year in the first three quarters of 2020, with exports growing by 1.8 percent and imports falling by 0.6 percent, Chinese customs data showed. Among China’s trading partners that generate the greatest positive trade balances, Chinese surpluses with Mexico (up 24.8%), Poland (up 19.1%) and Bangladesh (up 17.4%) grew at the fastest pace from 2017 to 2018. The total merchandise trade between ASEAN and the People’s Republic of China grew in 2020, maintaining China’s position as ASEAN’s top trading partner, His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam said in a titah on Friday. As a result, the EU trade surplus decreased from €46 billion to €29 billion. The United States and China recently signed Phase I of a trade deal designed to thaw relations between the world’s two largest economies. Let us know in the comments! Found insideIn addition, in May 2020, WTO predicted that the world merchandise trade would plummet by between 13 and 32 percent and nearly ... Such predictions are also indicative of the direct and indirect shocks to China's international trade. Lee Kum Kee (China) Trading Ltd., +3 more ... 2020 Women's Leadership Camp at Goldman Sachs … Singapore’s exports to Mainland China and the US exceeded Singapore’s imports from these trading partners, while Singapore’s imports from Malaysia exceeded exports to Malaysia. China has imported the most goods from the countries on the map that are larger and a deeper shade of pink. Notably, shipments to China account for a quarter of South Korea’s exports. Found insideTrade tensions between the United States and China escalated throughout most of 2019, and new tariffs were ... Trade frictions have also risen elsewhere, including between the United States and some of its other trading partners such as ... This international trade related article is a stub. Japan: $148 billion | China. Countries that are larger and a deeper shade of turquoise have a higher value of exports. Found inside'paradiplomacy' As the BRI was announced as the next round of China's reform and opening up, the landlocked ... ASEAN was the province's second most important trading partner, followed by the European Union, Hong Kong Japan and South ... China is now the EU's biggest trading partner, overtaking the US in 2020. China‘s main trading partners include, in descending order, the European Union, the United States and South Korea. While this deal could be beneficial for some American industries such as agriculture, some economics experts also suggest that this type of preferential treatment for U.S. products over other trading partners could be a threat to free trade. If you'd like to use our visualization in books, magazines, reports, educational materials, etc. Found inside – Page 249September 24, 2018 The 10 percent tariffs on $200 billion dollars of Chinese imports kick in. ... January 15, 2020 The United States and China sign the phase one trade deal, easing 18-month trade tensions between the world's two biggest ... Give us credit as your source, "HowMuch.net, a financial literacy website", Copy this link to your website (Image is included here). China positioned itself as the world’s largest merchandise trader in 2020, with exports of $ 2 trillion 590.646 million and imports of $ 2 trillion 055.612 million. China was the EU's main trade partner in goods over 2020, taking the top spot occupied until last year by the United States. The data showed that China was India's top trading partner since 2013-14 till 2017-18. It was preceded by the United States (18.3 %) and the United Kingdom (14.4 %) and followed by Switzerland (7.4 %) and Russia (4.1 %). Ireland. China is again the top trading partner of the United States, with trade totaling $59.6 billion in October, according to data from the U.S. Census Bureau.. China’s total trade with the U.S. rose 25% in October compared to the same month a year ago, with imports from China increasing 14% and U.S. exports to China increasing 51%. Getty Images. In terms of total trade, other major Taiwan trading partners include Japan (10.9 percent), the European Union (9.7 percent), and Hong Kong (6.7 percent). Trade tensions showed signs of cooling in early 2020. However, given the two countries’ efforts in controlling Covid-19, the two-way trade between Vietnam and China maintained growth, thereby positively contributing to economic growth and foreign trade of the two sides, Zing … China's trade surplus was at USD 58.34 billion in August 2021, above market consensus of USD 51.05 billion and compared with a surplus of USD 57.14 billion in the same month a year earlier. Found inside – Page 641... with China's practical objectives.24 3 One Belt One Road (OBOR) China's OBOR was launched in 2013 to boost economic integration with its neighbours and various trading partners.25 Morgan Stanley has predicted that China's investment ... According to Li, in the first three quarters, China-ASEAN trade reached $481.81 billion, up by 5 percent year-on-year, making ASEAN China's largest trading partner. Codelco is the world’s largest copper producer, how much does it contribute to the government? Found inside – Page 351Ali Wyne, “Potential Downsides to U.S.- China Trade Tensions on Taiwan's Economy,” Global Taiwan Brief 5, no. 5 (2020). 5. On developments in Ma's first term, see Richard C. Bush, Uncharted Strait: The Future of China- Taiwan Relations ... China's imports 2020 by country . 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. APEC: indicators on gender and trade openness improve, APEC: mejoran indicadores sobre género y apertura comercial, The non-circularity of the USMCA limits economic recover, La no circularidad del T-MEC limita recuperación económica: SRE, STB takes competition measures on merger between CN and KCS, STB toma medidas de competencia sobre fusión entre CN y KCS, Exportaciones de Uruguay: 30% son bienes industrializados de uso genérico, Recaudación de operaciones en comercio exterior de México sube 13.3%, Importaciones de glifosato a México son una décima parte vs 2019, USITC mantiene cuotas antidumping a importaciones de refractarios de magnesita desde China y México, Importaciones de China crecieron 33.1% en agosto de 2021, Los 15 exportadores e importadores de bienes intermedios del mundo, Programan Diálogo Económico de Alto Nivel entre México y EU para el 9 de septiembre, Principales proveedores de bienes agrícolas y agroalimentarios de Estados Unidos, Exportaciones agropecuarias y pesqueras de México subieron 5.2%, Banco Mundial financia a Sedatu proyecto sobre cambio climático por $US 150 millones, Oportunidades en comercio electrónico: desde Avera hasta Mercado Libre. The country's foreign trade volume in goods reached 23.12 trillion yuan during the period. The harbour of Le Havre, northwestern France, on January 21, 2021. Taiwan: $177 billion China. Japan was Ohio’s fifth ... Top 5 Trading Partners - 2020 Top 5 Trading Partners - 2018 to 2020 2020 Pct of 2018 to 2020 Pct of Value Total Value 3-yr Total Total $5,933,273,841 Total $23,912,276,894 Percent of All Ohio Exports. 5. Found insideProceedings of the 4th International Seminar on Tourism (ISOT 2020), November 4-5, 2020, Bandung, Indonesia Ahmad Hudaiby Galih ... Indonesia often imports from China, in which China is one of Indonesia's largest trading partners. China bucked a wider trend, as trade with most of Europe's major partners dipped due to the Covid-19 pandemic. 5. The USMCA agreement restored business and investment certainty in North America, and in late 2019 the U.S. and China signed an agreement that would cut tariffs and increase trade between the world’s largest economies, a positive development after years of trade war escalation. In fact, between Q1 2019 and Q2 2021, the share of imports from China increased by 4.0 percentage points (pp). The most common goods that China exports to the U.S. tend to be electronic devices, such as cell phones. In 2020, the principal exporters of China were Guangdong Province ($510B), Jiangsu Province ($342B), and Zhejiang Province ($325B). China is now the EU's second-biggest trading partner behind the United States and the EU is China's biggest trading partner. The Netherlands: $61 billion 4. INCE Capital, +2 more The University of Chicago Booth School of Business, +1 more ... (China) Trading Ltd. - Marketing VP Shanghai, China. The following tables are based on 2016 data as shown on the CIA World Factbook. 5. In 2020, China was the top trading partner of the United States based on import value. Found inside – Page 391 : C H IN A RE BAL ANC IN G : T H E E F FE C T OF TRADE SPILL OVERS O N T H E G L O B A L E CO NO MY An import demand shock originating in China would lead to an immediate drop in the export revenue of its partners. That 16.90% increase in U.S. exports was worth $18.02 billion, meaning U.S. trade with China increased slightly. China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). In the Jan.-Oct. period, China and US remained the biggest trade partners of Vietnam. China becomes largest trading partners for U.S. in April despite COVID-19: WSJ Source: Xinhua| 2020-06-17 14:50:20|Editor: huaxia. In 2020, ASEAN will become my country's largest trading partner, and my country has … The value of China-Africa trade in 2019 was $192 bn, up from $185 bn in 2018. In terms of annual data, the ranking of China's major trading partners will change in 2019: in 2019, ASEAN will replace the United States for the first time and become China's second largest trading partner. China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal … Found insideAgain, according to Ambassador Carson, the Chinese are happy to buy their way into a deal. ... the forty-nine countries of sub-Saharan Africa could become important allies, lucrative trading partners, and proponents of human rights. The United Arab Emirates is expected to become India’s top trading partner. Against the backdrop of shrinking world trade, economic recession and serious impacts on people-to-people exchanges, China-ASEAN trade grew against the trend in the first three quarters of 2020. In Q2 2020, the EU’s largest trade partner in goods was China, overtaking the United States. Visualizing China's Trading Partners. COVID-19: China Medical Supply Chains and Broader Trade Issues Congressional Research Service 2 COVID-19 was identified in China in December 2019 and peaked in late January 2020. 5. China‘s main trading partners include, in descending order, the European Union, the United States and South Korea. 3. During global trade's annus horribilis, heavily impacted by the coronavirus pandemic, EU-China trade grew while imports and exports to the United States dramatically dropped compared with 2019, according to data by the EU's statistics office Eurostat published Monday. The list of China’s main trading partners is completed: Germany (a total trade of 192,086 million), Australia (168,319 million), Malaysia (131,161 million), Brazil (119,040 million) and Russia (107,765 million). As you can see, there are fewer countries on this import map compared to the export map. Great changes have taken place in my country's trade with ASEAN Statistics released by the General Administration of Customs on September 10 show that the 30th anniversary of the establishment of dialogue relations between China and ASEAN, bilateral trade has maintained rapid growth. Explore Subnational Data However, given the two countries’ efforts in controlling Covid-19, the two-way trade between Vietnam and China maintained growth, thereby positively contributing to economic growth and foreign trade of the two sides, Zing … Found inside – Page 144The average US tariff on imports from China rose from 3.1% in January 2018 to 21.0% by September 2019, with Section 301 tariffs covering nearly two-thirds of bilateral trade (Bown, 2020b). China's average tariff on imports from the ... The position of China among the largest trade partners of the EU in 2020 can be seen in Figure 5. In 2018, trade accounted for 59% of global GDP, up nearly 1.5 times since 1980.. Over this timeframe, international trade has transformed significantly—not just in terms of volume and composition, but also in terms of the countries that the rest of the world leans on for their most important trade relationships. Found inside – Page 80Townshend, Ashley (2020), 'China's Pandemic-Fueled Standoff with Australia', War on the Rocks, 20 May, ... Top Trading Partners', World'sTopExports.com, 8 February, available at www.worldstopexports.com/australias-top-import-partners/ ... This was the first quarter that China accounted for … Switzerland, Vietnam and Taiwan are the only bright spots among the United States top trade partners in 2020, which account for about two-thirds of all U.S. trade … Found inside – Page viiiToday China and the world are facing a new challenge in the form of the 2020 coronavirus pandemic. ... Internationally, economic downturns in China's major trading partners, in addition to the potential political turn against global ... As Canada’s Minister of Small Business, Export Promotion and International Trade, I am pleased to present The United States and China recently signed Phase I of a trade deal designed to thaw relations between the world’s two largest economies. Found inside – Page 284United States (US) (Continued) total factor productivity, 127 trading partners, offset, 68 US-China bilateral trade, tariff increases (effects), 28f US-China Comprehensive Framework for Promoting Strong, Sustainable and Balanced Growth ... How do you think the new trade deal will affect the balance of trade between the U.S. and China? The country suffered $28.2 billion trade deficit with China since the beginning of the year, the Inside Out citing a report from Vietnam Business Reviews United States: $481 billion In third place among China’s trading partners is South Korea, which sold it goods for 112.505 million and bought goods for 172.760 million, for a sum of 285.264 million dollars. Japan: $180 billion Before China, UAE was the country's largest trading nation. In this Report, Treasury reviewed and assessed the policies of 20 major U.S. trading partners during the four quarters ending June 2020. This result was due to an increase of imports (+5.6%) and exports (+2.2%)," according to Eurostat, the EU's statistical office. List of largest trading partners of China, List of countries by leading trade partners, List of the largest trading partners of the United States, "China's Economic Growth Looks Strong. 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%. 3. China was Ohio’s third largest market at $3.6 billion an increase of 12 percent. China is again the top trading partner of the United States, with trade totaling $59.6 billion in October, according to data from the U.S. Census Bureau.. China’s total trade with the U.S. rose 25% in October compared to the same month a year ago, with imports from China increasing 14% and U.S. exports to China increasing 51%. Although the U.S. dominated most of world trade in 1980, China has gradually taken on a greater role, surpassing the U.S. as the major trading partner in many countries around the world. The EU was China's largest trading partner early in the 21st century, and China was second only to the U.S. among the EU's trading partners. '[1] Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world. That’s because China imports $1 billion or more worth of goods from only about 81 countries, while it exports $1 billion or more of goods to about 117 countries. Top trading partners (import sources) of China in 2020: Other Asia, nes with a share of 9.76% (200 billion US$) Japan with a share of 8.5% (174 billion US$) Korea with a share of 8.4% (172 billion US$) USA with a share of 6.61% (135 billion US$) Areas, nes with a share of 6.19% (127 billion US$) The U.S. has been among China's top trading partners for years, and 2019 saw China lose its … The total merchandise trade between ASEAN and the People’s Republic of China grew in 2020, maintaining China’s position as ASEAN’s top trading partner, His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam said in a titah on Friday. Year 2020 (preliminary results) Ranking of Germany's trading partners in Foreign Trade Imports Turnover (Exports + Imports) Foreign Trade Balance (Exports - Imports) Rank Exports 051 Philippines 1 926 401 Tunisia 1 707 739 Serbia 5 060 382 Iraq + 500 672 052 Morocco 1 903 542 Croatia 1 626 660 Croatia 4 996 856 New Zeeland + 480 042 Send requests to: permissions@howmuch.net. How China Overtook the U.S. As the World’s Trade Partner. The UK imported more goods from China (£11.0 billion) than from any other trading partner in Quarter 2 2020. In the interior, that figure was made up of exports of 390,978 million and imports of 258,551 million. ... China was the biggest trading partner of the United States until 2019, when it dropped to the third place because of the ongoing trade war. In 2020, China was the third largest partner for EU exports of goods (10.5 %). During this period, ASEAN-China trade increased by 6 percent year-on-year to US$140 billion and accounting for 15 percent of China’s total trade volume. The ongoing trade war between these two countries led to an overall slowdown of global growth in 2019, with continued weakness in global trade and investment. 'China developed a network of economic relations with both industrial economies and those constituting the semi-periphery and periphery of the world system. Found inside – Page 40... importance and then the differential impact of the coronavirus across trading partners. Imports and exports have spiked and then collapsed as trade measures have been introduced. In particular, tariffs levied on imports from China ... Found inside – Page 9Yet China's aggressive positions in WTO trade disputes and unfair trade policies remain a grave concern for its trading partners, dimming China's prospective role in global and regional governance. In analyzing China's trade motives ... China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). By contrast, trade between China and its partners in Asia in Q1 2020 seems to have held up better than trade between China and other trading partners. South Korea: -$93 billion Found inside – Page 53110 Daniel Workman, 'Philip pines Top Trading Partners',
[accessed 21 May 2020] (para 6 of 8). 111 Ankit Panda, 'In Sudden Step, Philippines Reverses Course of Ending US ... The following are some facts and figures on China's foreign trade volume and structure. 4 April 2020: South Africa's biggest trading partners for February 2020 South Africa's Revenue Service (SARS) released the latest trade statistics numbers and we take a look at South Africa's top 5 trading partners for both imports and exports as well as covering the value of our exports and imports for February 2020. Our new series of visualizations maps out the relationship between China and its biggest trading partners. 4. Found insideThe two years of talks for the 2020 US–China trade agreement are a great example. US President Donald Trump reckoned China was ... We depend on these trading partners for our prosperity, so when they're doing it tough it affects us. Even with the ongoing trade war since 2018, the U.S. remains China’s top destination for exports. The country suffered $28.2 billion trade deficit with China since the beginning of the year, the Inside Out citing a report from Vietnam Business Reviews https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_India In the Jan.-Oct. period, China and US remained the biggest trade partners of Vietnam. It is believed that after the epidemic, China-ASEAN trade will achieve new and major developments. Top Trading Partners - December 2020 Data are goods only, on a Census Basis, in billions of dollars, unrevised. Found inside – Page 46If the China-U.S. trade agreement was implemented through reforms and market opening in China that benefitted all trading partners, then it could provide a 0.5 percent income boost to the world economy. The agreement, in its original ... China positioned itself as the world’s largest merchandise trader in 2020, with exports of $ 2 trillion 590.646 million and imports of $ 2 trillion 055.612 million. Found inside – Page 121In addition, China may need to divert purchases away from other countries, including some US trade allies. ... actions may in turn undermine the WTO's Most Favoured Nation rules that require equal treatment of trading partners.30 Third, ... For example, the deal requires that China increase its purchases of U.S. goods and services by more than 50% over the next two years. Found insideWith leaping investment and trade with China, however, the dynamics changed. For the first time ever, in 2010 China replaced the US and the EU as Australia's largest trading partner. A Mandarin-speaking Prime Minister, Kevin Rudd, ... Do you want to republish our data visualizations and/or articles? China’s rising midd… Hong Kong: $304 billion On 26 October 2020, China announced its intentions to impose sanctions on US businesses and individuals, including Boeing, Raytheon and Lockheed Martin. -- China's total imports and exports of goods expanded 1.9 percent year on year to 32.16 trillion yuan (about 4.97 trillion U.S. dollars) in 2020, hitting a record high despite a worldwide slump in shipments. In the last three … Found inside – Page 401October 2020, Vladivostok, Russian Federation, Far Eastern Federal University Denis B. Solovev ... Other dummies characterize the effects of borders on trade by Chinese regions (CN) with their partners (N) consisting of 31 Chinese ... Trade value: US$3.78 billion. Found inside – Page 597Why the U.S.-China trade deficit is so huge: Here's all the stuff America imports, MarketWatch.com, June 27, 2020, ... “Top Trading Partners— December 2017—Year- to- Date Total Trade,” http://www.census.gov, accessed March 1, 2018; ... Our data includes North Africa. China’s trade with the rest of the world is more balanced. The impact of the coronavirus on imports was smaller, at just 5.21 percent. Found inside – Page 55The slowdown in LAC main trading partners, notably China and the United States, is a significant factor affecting the outlook of the region. China has become the main trading partner for many South American economies (OECD/CAF/UN ECLAC, ... However, weak commodity prices since 2014 have greatly impacted the value of African exports to China, even while Chinese exports to Africa remained steady. Europe will engage rather than confront China in trade, EU ambassador to China says Published Fri, Jan 17 2020 1:44 AM EST Updated Fri, Jan 17 2020 … Found inside – Page 142In 2011, Russia's place as China's trading partner went up to tenth. However, the countries failed to achieve the first goal in 2015 and will hardly achieve the second in 2020. Despite the problems, Russian-Chinese trade continued to ... China’s Total Export & Import Values by Country/Region, December 2020, Chile’s imports rise 73% in August, to a maximum since 2012 https://t.co/z9NG3zqDv2, Las importaciones de Chile suben 73% en agosto, a un máximo desde 2012 https://t.co/RXCzzMHEZD, Codelco is the world’s largest copper producer, how much does it contribute to the government? World Trade Month Webinars 2021. U.S. trade with other nations is worth $4.9 trillion per year. The same year, the principal importers of China were Guangdong Province ($388B), Shanghai Province ($291B), and Beijing ($265B). 1. The ongoing trade war between these two countries led to an overall slowdown of global growth in 2019, with continued weakness in global trade and investment. Found inside – Page 704at Cornell University who once headed the China division at the International Monetary Fund. ... C. He maintains that Americans have been outwitted by savvier trading partners, with tariffs needed to force jobs to return to the United ... Found inside – Page 68... particularly against the backdrop of the resurgence of the US dollar againstits major trading partners, though it is seen as a drag on exports and tourism. In contrast, the upward trend of the Chinese yuan renminbi, Indian rupee, ... China remained Australia’s largest two-way trading partner in 2018-19 and … 3. India’s exports to China increased by 11% to $19 billion in 2020 despite Covid-19 demand shock which led to subdued global trade during the year China topples US as India's top trading partner in 2020; New Delhi's exports to Beijing increase | Photo Credit: Thinkstock Trade value growth: 19.3% Trade value growth value: US$611 … China maintains 16 Free Trade Agreements (FTAs) with its trade and investment partners, and is negotiating or implementing an additional eight FTAs. China’s FTA partners are ASEAN, Singapore, Pakistan, New Zealand, Chile, Peru, Costa Rica, Iceland, Switzerland, Maldives, Georgia, Hong Kong, Macao, and Taiwan. India: $58 billion For the countries in the visualization above, China has exported more than $1 billion in goods. In 2020, Mainland China, Malaysia and the US were Singapore’s top trading partners. China has a trade balance of $367 billion, which means that its overall exports are higher than its imports. China is Canada’s second most important bilateral commercial partner (or third with the EU-27 is counted as a whole). Found inside – Page 19Historic because China has succeeded in becoming the pre-eminent outside power in Africa and its second biggest trading partner. Historical because modern Chinese diplomacy draws on the Middlekingdom's ancient formula; ... Great changes have taken place in my country's trade with ASEAN Statistics released by the General Administration of Customs on September 10 show that the 30th anniversary of the establishment of dialogue relations between China and ASEAN, bilateral trade has maintained rapid growth. Despite this, China has maintained a positive trade balance overall and continues to be a major exporter to countries around the world. Found inside – Page xxxviiIn China, pig meat imports are expected to rise by 1.2 million tonnes or 42 percent in 2020, to reach 4.1 million ... meat exports could also rise, due to increased deliveries to China, although sales to other trading partners may fall. Found inside – Page 48In addition to the unexpected decline in the total trade volume between China and the United States (by 0.4%), ... Accordingly, in the first seven months of 2020, China surpassed the United States as the largest trading partner of the ... China exports the most goods of any country on the planet. South Korea: $110 billion The United Kingdom: $33 billion, 1. Data released this week by the European Union's statistics service attributed the shift to a 5.6% increase in imports from China in 2020 and a 2.2% increase in exports. 3. Japan was Ohio’s fifth ... Top 5 Trading Partners - 2020 Top 5 Trading Partners - 2018 to 2020 2020 Pct of 2018 to 2020 Pct of Value Total Value 3-yr Total Total $5,933,273,841 Total $23,912,276,894 Percent of All Ohio Exports. China's industry-wide foreign direct investment in ASEAN topped $10.72 billion, jumping 76.6 percent year on year, he added. 1. ISSAKU HARADA, Nikkei staff writer July 15, 2020 04:36 JST. 2020 was a challenging year for the economy and trade in the region and the world in general and between Vietnam and China in particular, said a management agency.. The U.S. has been among China's top trading partners for years, and 2019 saw China lose its … Did any of China’s top trading partners surprise you? Between imports and exports, China is involved in $4.6 trillion worth of trade worldwide. 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By contrast, countries are shaded in turquoise if China imports more from that country than that country exports China... U.S. trade with most of Europe 's major partners dipped due to value. Ppp ) trade openness improve https: //t.co/CqyDT0B7Qf, APEC: indicators on gender and trade balance second 2020... Is $ 56.77 billion which is 3 % less than the 2018 deal world Factbook exported! China 's imports 2020 by country it contribute to the rapid growth of China s! For India-China trade in 2019, China imported approximately 2.08 trillion yuan worth goods. Import value three … '' in the box China division at the International Monetary Fund with! People 's Republic of China high-quality poster of this visualization we will email when! Found insideThe two years of talks for the first time ever, in 2010 China replaced US. Ohio ’ s largest two-way trading partner before 2018-19 but now the EU in.... Overall and continues to be a major exporter to countries around the globe in 2020 Page C-114Historic because has... A deeper shade of pink these visualizations comes from the International Monetary Fund, with all values expressed in exports... Codelco es el mayor productor de cobre del mundo ¿cuánto aporta al china trading partners 2020 China approximately. Trailed at 18.4 % of 2019 and Q2 2021, the United States and South Korea s!, & distribute of 258,551 million trade partners of Vietnam partners - December 2020 are. Open publications like blogs, news sites, etc. you can,. Market at $ 3.6 billion an increase of 12 percent are some facts and figures on China are also most. If China imports more from that country than that country than that country exports the. Electronic devices, such as cell phones color of each country on top! Even with the ongoing trade war since 2018, the European Union, the EU s!, magazines, reports, educational materials, etc. exports the goods! In turquoise if China imports more from that country than that country than that country imports from China increased 4.0... Opportimes y recibir notificaciones de nuevas entradas republish our data visualizations and/or articles breakdown of exports China. To reproduce, store, publish, & distribute between imports and exports destination for.. Exports $ 2.5 trillion worth of goods ( 10.5 % ): //en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_India was... 'S imports 2020 by country our data visualizations and/or articles than its imports 16.90 % in. In purchasing a high-quality poster of this visualization European Union, the EU in 2020 can seen... Granting non-exclusive rights to reproduce, store, publish, & distribute overall... Including on open publications like blogs, news sites, etc. $ 17 billion worth goods... Due to the U.S. as the world trade partners of Vietnam is the... How do you think the new deal between the U.S. remains China ’ top... Is a list of the world 's major partners dipped due to the rapid growth China... Largest partner for the countries in the interior, that figure was made up of exports of 390,978 and... U.S. tend to be electronic devices, such as cell phones the country 's largest trading partners 2018. 2019 and Q2 2021, the United States based on 2016 data as shown on the planet be... Less than the 2018 deal of exports, while the U.S. tend to be a major exporter to countries the...: indicators on gender and trade openness improve https: //t.co/VhjvC74AhW, codelco es el productor. China-Africa bilateral trade has been steadily increasing for the 2020 US–China trade agreement a... Asian Nations, NIEs = newly industrialized economies, P = projected, =. Has maintained a positive trade balance between China and its second biggest trading include... Have been introduced a china trading partners 2020 document, granting non-exclusive rights to reproduce, store,,. Late 2000s as china trading partners 2020 's leading trading partner most important trading partners 's foreign trade volume goods... Most important trading partners include, in descending order, the United States U.S. exports was worth $ billion. On 2016 data as shown on the top trading partner, overtaking the United Kingdom: $ 33 billion 1...
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