Imports to China plunged 8.5 percent from a year earlier to USD 172.19 billion in May 2019, reversing a 4 percent advance in April and compared to forecasts of a 3.8 percent drop. This was the largest yearly drop in inbound shipments in nearly three years, a further sign of slowing domestic demand. Purchases fell for unwrought copper (-24 percent); iron ore (-11 percent); and soybeans (24 percent) amid higher tariff on US cargoes and following outbreaks of African swine fever. In contrast, purchases of coal surged 23 percent ahead of the peak demand season. Imports of crude oil rose 3 percent but were still below April's record high; and gas imports were up 3.6 percent from the same month last year but down slightly from 7.65 million tonnes in April. Imports dropped from the US (-26.8 percent), Japan (-15.9 percent), South Korea (-18.2 percent) and Taiwan (-8.3 percent), but grew from the EU (1.8 percent), Australia (5.2 percent) and ASEAN (3.4 percent). Imports in China averaged 535.64 USD HML from 1981 until 2019, reaching an all time high of 1951.30 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 1670.00 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 1600.00 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 416.58 137.70 612.86 -320.02 USD HML [+]
Current Account 586.00 545.99 1330.85 -341.00 USD HML [+]
Current Account to GDP 0.40 1.30 10.10 -3.70 percent [+]
Imports 1721.88 1797.10 1951.30 13.88 USD HML [+]
Exports 2138.45 1934.80 2315.23 12.50 USD HML [+]
External Debt 19652.14 17106.00 19652.14 158.28 USD HML [+]
Terms of Trade 101.86 100.20 118.33 81.75 Index Points [+]
Capital Flows -586.00 -546.00 725.40 -1305.58 USD HML [+]
Foreign Direct Investment 546.10 451.37 1349.66 18.32 USD HML [+]
Tourist Arrivals 3054.00 2917.00 3054.00 22.96 Tens of Thousands [+]
Gold Reserves 1864.30 1852.50 1864.30 395.01 Tonnes [+]
Crude Oil Production 3780.00 3812.00 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 1040.00 1227.00 2605.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1721.88 1797.10 1951.30 13.88 1981 - 2019 USD HML Monthly
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