Imports to China declined 5.6 percent year-on-year to USD 176.5 billion in July 2019, less than an expected 8.3 percent fall and easing from a 7.3 percent fall in June. That was the third consecutive month of decrease in imports, suggesting domestic demand remained sluggish and could lead Beijing to add more stimulus. Purchases of unwrought copper were down 7.1 percent, while imports of crude oil climbed 14 percent and those of iron ore increased 1.2 percent. In addition, soybeans imports rose 8 percent to the highest level in nearly a year. Imports of copper concentrate were up 12.4 percent to an all-time high and total natural gas imports were the highest since January. Imports dropped from the US (-19.1 percent), the EU (-3.3 percent), Japan (-13 percent), South Korea (-20.1 percent) and Taiwan (-6.8 percent), but were higher from Australia (18.7 percent) and ASEAN (0.4 percent). Imports in China averaged 540.65 USD HML from 1981 until 2019, reaching an all time high of 1951.34 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 1810.00 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 1550.00 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
2019-05-08 03:00 AM Imports YoY Apr 4% -7.6% -3.6%
2019-06-10 03:00 AM Imports YoY May -8.5% 4% -3.8%
2019-07-12 07:50 AM Imports YoY Jun -7.3% -8.5% -4.5%
2019-08-08 03:00 AM Imports YoY Jul -5.6% -7.4% -8.3%


China Trade Last Previous Highest Lowest Unit
Balance of Trade 450.50 509.70 612.86 -320.02 USD HML [+]
Current Account 570.00 490.14 1330.85 -341.00 USD HML [+]
Current Account to GDP 0.40 1.30 10.10 -3.70 percent [+]
Imports 1764.76 1618.40 1951.34 13.88 USD HML [+]
Exports 2215.27 2128.10 2315.23 12.50 USD HML [+]
External Debt 19652.14 17106.00 19652.14 158.28 USD HML [+]
Terms of Trade 95.83 101.86 118.33 81.75 Index Points [+]
Capital Flows -570.00 387.52 725.40 -1305.58 USD HML [+]
Foreign Direct Investment 788.00 707.36 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 3823.00 3895.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1764.76 1618.40 1951.34 13.88 1981 - 2019 USD HML Monthly
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