Imports to China decreased 1.5 percent from a year earlier to USD 178.4 billion in January 2019, far less than forecasts of a 10 percent slump and after a 7.6 percent decline in December. Purchases of soybean dropped 13 percent to 7.38 million tonnes, amid higher tariff imposed on shipments from the US. Imports also fell for iron ore (-9 percent to 91.26 million tonnes) and steel products (-0.9 percent to 1.18 million tonnes). By contrast, imports increased for: unwrought copper (8.9 percent to 479,000 tonnes); copper concentrate (17 percent to 1.9 million tonnes); crude oil (4.8 percent to 42.60 million tonnes); natural gas (26.2 percent to 9.81 million tonnes); and coal (20.5 percent to 33.50 million tonnes). Among China's biggest trade partners, imports fell mainly from the US (-41.2 percent), ASEAN countries (-7.1 percent), South Korea (-11.8 percent), Japan (-1.3 percent) and Taiwan (-0.5 percent), but rose from the EU (8.2 percent) and Australia (7.6 percent). Imports in China averaged 526.11 USD HML from 1981 until 2019, reaching an all time high of 1949.90 USD HML in September of 2018 and a record low of 13.88 USD HML in February of 1983.

Imports in China is expected to be 1600.00 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 1500.00 in 12 months time. In the long-term, the China Imports is projected to trend around 2100.00 USD HML in 2020, according to our econometric models.

China Imports
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-08 04:00 AM Imports YoY 20% 27.3% 18.7%
2018-10-12 02:30 AM Imports YoY 14.3% 19.9% 15%
2018-11-08 03:00 AM Imports YoY 21.4% 14.3% 14%
2018-12-08 03:00 AM Imports YoY 3.0% 21.4% 14.5%


China Trade Last Previous Highest Lowest Unit
Balance of Trade 391.60 570.60 612.86 -320.02 USD HML [+]
Current Account 546.00 233.00 1330.85 -341.00 USD HML [+]
Current Account to GDP 1.30 1.80 10.10 -3.70 percent [+]
Imports 1784.11 1641.94 1949.90 13.88 USD HML [+]
Exports 2175.72 2212.49 2315.23 12.50 USD HML [+]
External Debt 17106.00 14206.57 17799.32 158.28 USD HML [+]
Terms of Trade 93.52 96.59 118.33 81.75 Index Points [+]
Capital Flows -546.00 168.00 725.40 -1305.58 USD HML [+]
Foreign Direct Investment 124.10 1349.70 1349.70 18.32 USD HML [+]
Tourist Arrivals 2917.00 2815.12 2917.00 22.96 Tens of Thousands [+]
Gold Reserves 1852.50 1852.50 1852.50 395.01 Tonnes [+]
Crude Oil Production 3789.00 3690.00 4408.00 1012.00 BBL/D/1K [+]
Tourism Revenues 5.97 5.40 5.97 4.13 CNY Trillion [+]
Terrorism Index 5.11 5.54 6.29 1.47 [+]
Weapons Sales 1131.00 2192.00 2606.00 3.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



China Imports

China’s main imports are mechanical and electrical products and high tech goods. The country is also one of the biggest consumers of commodities in the world with crude oil, iron ore , copper and aluminum being the most important. China’s main import partners are: the European Union of Germany, ASEAN countries of which Malaysia, South Korea, Japan, Taiwan, United States and Australia. This page provides - China Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Imports - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1784.11 1641.94 1949.90 13.88 1981 - 2019 USD HML Monthly
Current Prices, NSA




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