What are China Main imports?

What are China Main imports?

China’s Top 10 Imports

  • Electrical machinery, equipment: US$604.5 billion (24.8% of total imports)
  • Mineral fuels including oil: $357.7 billion (14.7%)
  • Ores, slag, ash: $254.6 billion (10.4%)
  • Machinery including computers: $210.9 billion (8.6%)
  • Optical, technical, medical apparatus: $99.7 billion (4.1%)

What are China’s top 3 imports?

Its top imports are integrated circuits ($207B), crude petroleum ($144B), iron ore ($59B), cars ($46.8B) and gold ($40.3B).

Who is China’s biggest importer?

Searchable Datalist of Countries Consuming China’s Exports

Rank Importer China’s Exports (US$)
1. United States $521,008,384,000
2. Hong Kong $313,106,773,000
3. Japan $151,300,183,000
4. South Korea $135,096,349,000

What are China’s major imports and exports?

China Exports And Imports

Rank Exports Product Import Product
1 Computers Crude Petroleum
2 Broadcasting Equipment Integrated Circuits
3 Telephones Iron Ore
4 Integrated Circuits Gold

What do we export to China?

Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China. Since 2001, the share of these exports going to China has increased sharply. Soybeans and motor vehicles are targets of recent Chinese tariffs. Production of these two exports is geographically concentrated.

What is China’s top export?

Mainland China’s biggest export products by value in 2021 include mobile phones, computers, electronic integrated circuits, lighting products, and solar power diodes and semi-conductors. In aggregate, those major exports account for over one-fifth (20.7%) of the China’s overall exports sales.

What is China’s number 1 import?

Imports The top imports of China are Petroleum oils and oils obtained from bituminous minerals; crude ($150B), Electronic integrated circuits ($144B), Iron ores and concentrates; including roasted iron pyrites ($99B), Motor cars and other motor vehicles; principally designed for the transport of…

How does China make money?

Manufacturing, services and agriculture are the largest sectors of the Chinese economy – employing the majority of the population and making the largest contributions to GDP. Since 1949, the Chinese Government has been responsible for planning and managing the national economy.

What are we exporting to China?

In the FY 2019-20 Indian export to China stands at $16.6 billion. India exports organic chemical, mineral fuels, cotton, ores, plastic items, nuclear machinery, fish, salts, electrical machinery and iron and steel to China.

What can India export to China?

Raw material exports constitute a significant portion of India’s outbound trade with China with iron ore, organic chemicals and cotton figuring among key export items. Other key exports to China include iron and steel, seafood and engineering goods.

What food does China import?

In 2020, China imported corn, wheat, sorghum, and barley at a 138-percent markup, followed by a 140-percent markup, 437-percent markup and a 36-percent markup, according to Fitch Ratings. In terms of percentage, both have been declining, respectively, to 3 percent.

What does China supply the world with?

The most prominent goods among the finished products exported from China were consumer electronics, data processing technologies, clothing, other textiles, optical gear, and medical equipment. China also had the world’s biggest new car market and exported a significant amount of raw materials, particularly steel.

What is the main export of China?

What is China’s largest export?

China’s Top 10 Exports

  • Electrical machinery, equipment: US$804.5 billion (26.6% of total exports)
  • Machinery including computers: $492.3 billion (16.3%)
  • Furniture, bedding, lighting, signs, prefabricated buildings: $126.3 billion (4.2%)
  • Plastics, plastic articles: $118.1 billion (3.9%)
  • Vehicles: $108.9 billion (3.6%)