China is one of the countries with the largest export volume in the world, involving several products in several industries, so what are the main exporting countries in China? Which country does China export the most? This article introduces a list of China’s top ten foreign trade countries.
1. United States
The United States is one of China’s major exporting countries. In 2018, its total export value was 478,839,581 million US dollars, an increase of 8.6%. In 2019, its imports and exports were 3.73 trillion yuan. China’s exports to the United States are basically OEM products, such as computers, toys, TVs, mobile phones, monitors, printers, etc. Except for a few independent brands such as Lenovo and DJI, most of them are American Dell, Hewlett-Packard, Apple, as well as third-country products such as Samsung, Sony, and Bosch, most of the Chinese brands have low recognition in the United States.
2. Japan
China’s main products exported to Japan, organic electrical products, textiles and raw materials, base metals and products, totaled US$147,046.8 million in 2018, an increase of 5.5%; from January to November 2019, the total value of its exports to Japan was US$130,724,415,200. A year-on-year decrease of 2.6%. In the Japanese market, although China’s labor-intensive products have a greater advantage, such as textiles and raw materials, shoes, umbrellas, luggage and other light industrial products, there are also products from the United States, Vietnam, Thailand, Taiwan Province, Italy and other countries. competition.
3. South Korea
South Korea ranks third in China’s foreign trade exports. In 2018, China’s exports to it totaled US$10,875.14 million, an increase of 8.8%; from January to June 2019, exports to it were US$54.10 billion, an increase of 4.3% year-on-year; from January to September, exports 81.71 billion US dollars, an increase of 2.4%. The top three commodities imported by South Korea from China are mechanical and electrical products, base metals and products, and chemical products. For labor-intensive products such as textiles, raw materials, and furniture, China continues to maintain its advantages, but there is also competition from Vietnam, Indonesia, Japan and other countries.
4. Vietnam
China is Vietnam’s largest trading partner. In 2018, China’s exports to it totaled US$83,876.69 million. From January to October 2019, the total value of China’s exports to it was 78,408,844 million US dollars, a year-on-year increase of 15.5%. In 2019, the total import and export volume between China and Vietnam reached 116.87 billion U.S. dollars, which is the second consecutive year that the bilateral trade volume exceeded 100 billion U.S. dollars. China’s exports to Vietnam have continued to grow rapidly, and the Vietnamese market has attracted the attention of Chinese companies. In recent years, Chinese companies have set off an upsurge in investing and setting up factories in Vietnam.
5. India
The country with the most exports from China can’t ignore its neighbor India. In 2018, China’s total exports to it totaled US$76,67.56 million, an increase of 12.7%; from January to November 2019, China’s total exports to it were US$67,973,607, a year-on-year decrease of 3.3%. . China’s exports to India are dominated by labor-intensive industrial manufactured products, and it has begun to transform into technology-intensive products. In the future, with the launch and advancement of China-India regional trade arrangements or free trade negotiations, China will play an important role in India’s infrastructure projects, energy, and green economy.
6. Germany
Which country does China export the most? The country that exports the most from China is Germany, the manufacturing powerhouse. China’s main exports to Germany are mechanical and electrical products, textiles and raw materials, furniture, toys and miscellaneous products, followed by base metals and products, chemical products, optical clocks and medical equipment. In 2018, China’s exports to it totaled USD 77,489.34 million; in the first half of 2019, China was the country that exported the most products to Germany, with its exports reaching 52 billion euros, a year-on-year increase of 4%, followed by the Netherlands and the United States.
7. Netherlands
In 2018, China’s exports to the Netherlands totaled 7,283,469 US dollars. From January to November 2019, the total value of China’s imports and exports from the Netherlands was US$76,753.641 million, a year-on-year decrease of 0.9%; from January to November, the total value of China’s exports to the Netherlands was US$666.49 million, a year-on-year increase of 0.2%. As one of the EU member states, about 60% of the goods trade in the Netherlands is carried out in the EU area. The most imported goods from China by the Netherlands are mechanical and electrical products, and in this category of products, China is the Netherlands’ largest source of imports, accounting for Dutch mechanical and electrical products. 36.5% of the product import market share.
8. United Kingdom
The United Kingdom is naturally one of the top ten countries in China’s foreign trade. In 2018, China’s total exports to it totaled US$56,542.9 million, an increase of 8.2%. The total value of China’s exports to the UK in 2019 was US$624.063 million, an increase of US$5,844.496 million, or 10.4%, compared to 2018. China has a great advantage in labor-intensive products. It is the largest import source of British furniture, toys, textiles and raw materials. In addition, China is also the largest import source of British shoes, boots, umbrellas and leather products.
9. Singapore
Singapore is China’s fourth largest trading partner in ASEAN. Mechanical and electrical products are Singapore’s first imports from China, followed by mineral products and base metals and products. In 2018, China’s exports to Singapore totaled 49,036.63 million U.S. dollars. From January to July 2019, the bilateral trade volume between China and Singapore was US$48.55 billion, a slight increase of 0.8% year-on-year. Among them, China’s exports to Singapore were US$29 billion, an increase of 3.6%, and imports from Singapore were US$19.55 billion, a decrease of 3.1%; China’s trade with Singapore The surplus was 9.45 billion US dollars, an increase of 79.4%.
10. Canada
In 2018, China’s total exports to Canada were US$35,153.24 million, an increase of 6.3%; in 2019, the bilateral import and export volume of goods between China and Canada was US$65,761,143 million, an increase of US$153.971 million or 2.5% from 2018. As one of the top ten foreign trade countries in China, in 2019, Canada imported the most mechanical and electrical products from China, accounting for 45.3%, followed by transportation equipment accounting for 4.6%, chemical products accounting for 2.8%, and optics, clocks, and medical equipment. Compared with 2.3%, there are also a large number of labor-intensive products such as furniture, toys, ceramics, etc.