Key highlights:
China is home to 17% of the world's population, which makes it the biggest consumer of many goods and commodities.
Due to its large workforce, China produces many products in huge bulk, which allows it to meet many products' overall domestic demand and export them to other countries. Conversely, China is one of the top importers of many products.
In this blog, we will discuss China’s top trading partner, China, which helps China maintain exports and imports. Apart from that, we will have an overview of the top Chinese export partners and import partners.
Firstly let's discuss the China customs database!
Now, let’s discuss China largest trade partners!
Here is list of biggest trading partners of China:
S.No | Major Trading Partners of China | Total Trade Value |
1 | United States | US$ 664.5 Billion |
2 | Japan | US$ 310.8 Billion |
3 | South Korea | US$ 310.7 Billion |
4 | Hong kong | US$ 288.2 Billion |
5 | Taiwan | US$ 267.8 Billion |
6 | Russia | US$ 240.1 Billion |
7 | Vietnam | US$ 229.8 Billion |
8 | Australia | US$ 229.1 Billion |
9 | Germany | US$ 206.8 Billion |
10 | Malaysia | US$ 190.2 Billion |
1. United States: The United States is top trading partners of China With a total trade volume of over US$ 664.5 billion in 2023-24. The US is a major source of imports for China, including soybeans, integrated circuits and crude petroleum. China’s main exports to the US include broadcasting equipment, computers and office machine parts. Also get US import data
2. Japan: As per China export data, Japan is China's second major trading partner, with a total volume of trade of US$ 310.8 Billion in 2023-24. The main exports from China to Japan include cement, headgear and copper. China’s main import from Japan includes machines, textile and chemical products.
3. South Korea: South Korea is at 3rd positon among top trading partners of China, with a total volume of trade of US$ 310.7 Billion in 2023-24. The main exports from China to South Korea include iron and steel, plastic, and machinery. China’s main import from South Korea includes integrated circuits, cyclic hydrocarbons and broadcasting equipment.
4. Hong Kong: As per China export data, Hong Kong is the 4th largest trading partner of China, with a total trade volume of over US$ 288.2 Billion in 2023-24. Hong Kong is a major source of imports for China , including gas turbines, gold and pitted fruits. China’s main exports to Hong Kong include broadcasting equipment, integrated circuits and office machine parts.
5. Taiwan: Taiwan is at 5th position among top trading partners of China, with a total volume of trade of US$ 267.8 Billion in 2023-24. The main exports from China to Taiwan include broadcasting equipment, integrated circuits and office machine parts. China’s main import from Taiwan includes machinery, electronics, metals and rubbers.
6. Russia: As per China export data, Russia is China's 6th largest trading partner, with a total volume of trade of US$ 240.1 Billion in 2023-24. The main exports from China to Russia include computers, large construction vehicles and broadcasting equipment. China’s main import from Russia includes petroleum gas, crude petroleum and coal briquettes.
7. Vietnam: Vietnam is China's 7th biggest trade partner, with a total volume of trade of US$ 229.8 Billion in 2023-24. The main exports from China to Vietnam include silk, vegetable fat and oil, and nickel. China’s main import from Vietnam includes telephone, broadcasting equipment, and integrated circuits.
8. Australia: As per China export data, Australia is at 8th position among top trading partners of China, with a total volume of trade of US$ 310.7 Billion in 2023-24. The main exports from China to Australia include electronic circuits, shipping containers and semi-trailers. China’s main import from Australia includes iron ore, gas and oil.
9. Germany: Germany is the 9th largest trading partners of China, with a total volume of trade of US$ 206.8 Billion in 2023-24. The main exports from China to Germany include broadcasting equipment, integrated circuits and office machine parts. China’s main import from Germany includes machinery, electronics, metals and rubbers.
10. Malaysia: Malaysia is the 10h largest trading partners of China, with a total volume of trade of US$ 190.2 billion in 2023-24. The main exports from China to Malaysia include refined petroleum, printed circuit boards and integrated circuits. China’s main import from Malaysia includes machinery, electronics, and chemical products.
Let's have a look at China biggest export partners!
Here is list of top China export partners:
S.No | Top China Exporting Countries | Total Export Value |
1 | United States | US$ 500.3 Billion |
2 | Hong kong | US$ 274.5 Billion |
3 | Japan | US$ 157.5 Billion |
4 | South Korea | US$ 149.0 Billion |
5 | Vietnam | US$ 137.6 Billion |
6 | India | US$ 117.7 Billion |
7 | Russia | US$ 111.0 Billion |
8 | Germany | US$ 100.6 Billion |
9 | Netherlands | US$ 100.2 Billion |
10 | Malaysia | US$ 87.4 Billion |
As per the China export database, the United States is in first place among the top China exporting countries. China is the source of about 18% of all imports into the US. In 2023–24, China exported goods worth around $500 billion. China is the largest export partner, followed by Hong Kong and Japan.
Let's explore China's biggest import partners!
Here is list of China largest import partners:
S.No | Top China Importing Countries | Total Import value |
1 | Taiwan | US$ 199.3 Billion |
2 | United States | US$ 164.2 Billion |
3 | South Korea | US$ 161.7 Billion |
4 | Japan | US$ 160.5 Billion |
5 | Australia | US$ 155.4 Billion |
6 | Russia | US$ 129.1 Billion |
7 | Brazil | US$ 122.4 Billion |
8 | Germany | US$ 106.2 Billion |
9 | Malaysia | US$ 102.9 Billion |
10 | Vietnam | US$ 92.2 Billion |
According to China import export data of 2023-24, the neighbouring country of China, Taiwan is the biggest China import partner. Being at the top of China's major importers, Taiwan exported goods worth US$ 199.3 Billion in 2023-24.
The above list shows the top China importing countries which help to make available the goods that are not available in enough quantity in China.
Since globalisation, trade between countries is increasing rapidly. To enter the international market, traders need to obtain global trade data to understand the latest market trend, statistics related to top exporting countries, top importing countries and more. Seair Exim Solutions provide easy to use trade data of 130+ countries with just one subscription.
China is one of the largest economies in the world. It is rich in many resources and has a large population which makes it the top exporter and importer in the world. There are a lot of traders who need global trade data or global trade insights. So if you want specific data country-wise, product wise or products HS Codes, connect with us on our extensive dashboard of Seair Exim Solutions.
Q1. Who are China's largest trading partners in 2023?
According to China Import Export Data, the top trading partners of China are the United States, Japan, South Korea, Hong Kong and Taiwan.
Q2. Who are China's trading partners in 2024?
As per China Export Data of 2024, the biggest trading partners of China are the United States, Japan, Vietnam, Hong Kong and Taiwan.
Q3. Who are China's top trading partners?
According to China Import Export Data, the top trading partners of China are the United States, Japan, South Korea, Hong Kong and Taiwan.
Q4. What is China's main export?
As per China export database, The main exports of China in 2023-24 includes Broadcasting equipments, Integrated Circuit, Computer, Office machine parts, and Semiconductor Devices.
Q5. How to get China export data?
Seair Exim Solutions is the end platform to obtain China export data which covers china exporters data, china custom data, product shipment details and more.
Q6. What is China's most valuable export?
As per China Customs data, The most valuable exports of China in 2023-24 includes Broadcasting equipments, Integrated Circuit, Computer, Office machine parts, and Semiconductor Devices.
Top Trading Partners of China
China major trade partners: United States
China major trade partners: Russia
China major trade partners: South Korea
China Global Partners
China Trading countries
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