Imports to China jumped 22.2% yoy to USD 365.62 billion in January-February 2021 combined, after a 6.5% rise in December, beating market consensus of a 15% increase. This was the fifth straight month of growth in inbound shipments, boosted by improving domestic demand in the wake of the COVID-19 crisis, continued fiscal stimulus, and higher commodity prices. Arrivals grew in terms of volume for iron ore (2.8%), steel (17.4%), unwrought copper and copper materials (4.7%), natural gas (17.4%), crude oil (4.1%), the primary form of plastics (8%), mechanical and electrical products (25.4%), and meat (27.6%). In contrast, imports fell for coal (-39.5%), refined oil (-19.4%), and soybean (-0.8%). Imports soared from the US (66.3%), Japan (26%), South Korea (21.7%), Taiwan (41.2%), the ASEAN countries (29.6%), and the EU (32.3%), source: General Administration of Customs

Imports in China averaged 588.48 USD HML from 1981 until 2021, reaching an all time high of 2037.54 USD HML in December of 2020 and a record low of 13.88 USD HML in February of 1983. This page provides - China Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Imports - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Imports in China is expected to be 1700.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in China to stand at 2100.00 in 12 months time. In the long-term, the China Imports is projected to trend around 2200.00 USD HML in 2022 and 2350.00 USD HML in 2023, according to our econometric models.

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China Imports

Actual Previous Highest Lowest Dates Unit Frequency
1669.80 1986.36 2037.54 13.88 1981 - 2021 USD HML Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-07 03:00 AM Oct 4.7% 13.2% 9.5% 10.5%
2020-12-07 03:00 AM Nov 4.5% 4.7% 6.1% 5.2%
2021-01-14 03:00 AM Dec 6.5% 4.5% 5%
2021-03-07 03:00 AM Jan-Feb 22.2% 6.5% 15% 12%


News Stream
China Imports Surge in January-February
Imports to China jumped 22.2% yoy to USD 365.62 billion in January-February 2021 combined, after a 6.5% rise in December, beating market consensus of a 15% increase. This was the fifth straight month of growth in inbound shipments, boosted by improving domestic demand in the wake of the COVID-19 crisis, continued fiscal stimulus, and higher commodity prices. Arrivals grew in terms of volume for iron ore (2.8%), steel (17.4%), unwrought copper and copper materials (4.7%), natural gas (17.4%), crude oil (4.1%), the primary form of plastics (8%), mechanical and electrical products (25.4%), and meat (27.6%). In contrast, imports fell for coal (-39.5%), refined oil (-19.4%), and soybean (-0.8%). Imports soared from the US (66.3%), Japan (26%), South Korea (21.7%), Taiwan (41.2%), the ASEAN countries (29.6%), and the EU (32.3%),
2021-03-07
China Imports Reach New Record
Imports to China increased by 6.5 percent year-on-year to a record high of USD 203.7 billion in December of 2020, after a 4.5 percent rise a month earlier and above market consensus of a 5 percent increase. This was the fourth straight month of growth in inbound shipments, supported by improving domestic demand and higher commodity prices. Purchases rose for both coal (1,619.85%), natural gas (18.06%). In contrast, imports fell for crude oil (-15.42%), refined products (-34.35%), unwrought copper (-2.78%), copper ores & concentrates (-2.23%), iron ore (-4.5%), steel products (-7.28%), soybeans (-21.16%), and rubber (-2.06%). Considering the whole 2020, purchases dropped by 1.1 percent. Imports from the US however, were up 9.8 percent.
2021-01-14
China Imports Rise Less than Forecast
Imports to China increased by 4.5 percent year-on-year to USD 192.65 billion in November 2020, after a 4.7 percent rise a month earlier and missing market consensus of a 6.1 percent increase. This was the third straight month of growth in inbound shipments, supported by improving domestic demand and higher commodity prices. Imports were up for unwrought copper (16.2 percent), iron ore (8.3 percent), steel products (78.3 percent), soybeans (15.8 percent), and rubber (11.8 percent). Conversely, purchases were down for crude oil (-0.8 percent), natural gas (-3 percent), copper ores & concentrates (-15.1 percent), coal (-43.8 percent), and edible vegetable oil (-23 percent). Among key trade partners, imports rose from ASEAN (11 percent), the EU (4.5 percent), the US (32.7 percent), Taiwan (21.7 percent), South Korea (5.9 percent), Japan (7.1 percent), and Australia (9.2 percent).
2020-12-07
China Imports Rise Less than Forecast in October
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. This was the second straight month of growth in inbound shipments, as domestic demand recovery from the COVID-19 shocks continued. Purchases of unwrought copper and copper products jumped 43.4 percent yoy to 618,108 tonnes. Also, imports of iron ore grew 14.9% to 106.74 million tonnes, with arrivals from both Brazil and South Africa increasing. In addition, purchases of soybean soared 41% to 8.69 million, due to rising cargoes from Brazil and the US. In contrast, imports of crude oil fell 6.7% to 42.56 million tonnes.
2020-11-07

China Imports
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. 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). Other important categories were: mineral fuels, lubricants and related materials (17 percent) led by petroleum, petroleum products and related materials (13 percent) and gas, natural and manufactured (3 percent); crude materials, inedible, except fuels (14 percent), such as metalliferous ores and metal scrap (9 percent); chemicals and related products (11 percent) due to organic chemicals (3 percent) and plastics in primary forms (3 percent); miscellaneous manufactured articles (7 percent); manufactured goods classified chiefly by material (7 percent); and food and live animals (4 percent). 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).
China Imports by Country Last Previous
European Union 34693700.00 24717800.00 USD THO Feb/20
Taiwan 33408500.00 20332200.00 USD THO Feb/21
South Korea 29368800.00 15912600.00 USD THO Feb/21
United States 29267800.00 16585000.00 USD THO Feb/21
Japan 28368600.00 18334700.00 USD THO Feb/21
Australia 20507400.00 9512500.00 USD THO Feb/21
Germany 18167400.00 11877000.00 USD THO Feb/21
Vietnam 13799300.00 9261700.00 USD THO Feb/21
Malaysia 13123400.00 8013900.00 USD THO Feb/21
Brazil 12605500.00 6347800.00 USD THO Feb/21
Russia 9862800.00 5159700.00 USD THO Feb/21
Thailand 7946400.00 4629300.00 USD THO Feb/21
Indonesia 7659000.00 4311200.00 USD THO Feb/21
Singapore 5427200.00 2785300.00 USD THO Feb/21
France 5254700.00 4086700.00 USD THO Feb/21
Italy 4460600.00 2503000.00 USD THO Feb/21
India 3894500.00 1909100.00 USD THO Feb/21
Canada 3853000.00 1794200.00 USD THO Feb/21
Saudi Arabia 3760997.00 3831120.00 USD THO Feb/21
South Africa 3702800.00 2158800.00 USD THO Feb/21
China Imports by Category Last Previous
Mechanical & Electrical Products 159755800.00 99989200.00 USD THO Feb/21
High-&-new-tech Products 113757200.00 70939900.00 USD THO Feb/21
Integrated Circuit 57727300.00 34795800.00 USD THO Feb/21
Crude Petroleum (value) 33962000.00 12453600.00 USD THO Feb/21
Agricultural Products 32087700.00 17263100.00 USD THO Feb/21
Fuels & Related Materials 26602029.00 25418075.00 USD THO Feb/21
Iron Ore & Concentrates 26223700.00 11742700.00 USD THO Feb/21
Iron Ores & Concentrate 26223700.00 11742700.00 USD THO Feb/21
Motor Vehicles & Chassis 8439200.00 6156200.00 USD THO Feb/21
Automatic Data Proc. Eq. & Components 8263600.00 4884900.00 USD THO Feb/21
Copper Ore & Concentrate 7529200.00 3481400.00 USD THO Feb/21
Copper Ores & Concentrate 7529200.00 3481400.00 USD THO Feb/21
Liquefied Petroleum Gas 7312100.00 3606700.00 USD THO Feb/21
Unwrought Copper & Copper Products 7153300.00 3892500.00 USD THO Feb/21
Parts of Motor Vehicles 6712000.00 3121300.00 USD THO Feb/21
Soybean 6273700.00 3268000.00 USD THO Feb/21
Pharmaceuticals 6129000.00 3359400.00 USD THO Feb/21
Diode & Semiconductors 4110900.00 2485300.00 USD THO Feb/21
Lcd Panel 3297000.00 1879300.00 USD THO Feb/21
Fresh and Dried Fruits and Nuts 3125100.00 1183500.00 USD THO Feb/21

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category