Imports to China slumped 8.5 percent from a year earlier to USD 178.47 billion in September 2019, compared to market consensus of a 5.2 percent fall and after a 5.6 percent drop in August. This was the fifth straight consecutive yearly decrease in imports, as purchases fell for unwrought copper (-14.6 percent), steel products (-7.6 percent), rare earth (-27.9 percent), rubber (-10 percent), and refined products (-26.5 percent). In contrast, purchases of iron ore imports jumped 93.47 percent to 99.36 million tonnes, its highest in 20 months, fuelled by firm demand at steel mills and stable shipments from big miners. Also, purchases increased for crude oil (10.8 percent), coal (20.5 percent), natural gas (7.3 percent) and soybeans (2.3 percent). Imports in China averaged 546.06 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 1500.00 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
2019-07-12 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%
2019-09-08 04:00 AM Imports YoY Aug -5.6% -5.3% -6%
2019-10-14 02:30 AM Imports YoY Sep -8.5% -5.6% -5.2%


China Trade Last Previous Highest Lowest Unit
Balance of Trade 396.50 348.26 612.86 -320.02 USD HML [+]
Current Account 461.67 420.74 1330.85 -341.00 USD HML [+]
Current Account to GDP 0.40 1.30 10.10 -3.70 percent [+]
Imports 1784.74 1799.90 1951.34 13.88 USD HML [+]
Exports 2181.25 2147.70 2315.23 12.50 USD HML [+]
External Debt 19652.14 17106.00 19652.14 158.28 USD HML [+]
Terms of Trade 100.78 99.24 118.33 81.75 Index Points [+]
Capital Flows 213.65 215.85 725.40 -1305.58 USD HML [+]
Foreign Direct Investment 1007.80 892.60 1349.66 18.32 USD HML [+]
Tourist Arrivals 3054.00 2917.00 3054.00 22.96 Tens of Thousands [+]
Gold Reserves 1936.49 1926.53 1936.49 395.01 Tonnes [+]
Crude Oil Production 3918.00 3822.00 4408.00 1012.00 BBL/D/1K [+]
Terrorism Index 5.11 5.54 6.29 1.47 [+]
Tourism Revenues 5.97 5.40 5.97 4.13 CNY Trillion [+]
Weapons Sales 1040.00 1227.00 2605.00 3.00 USD Million [+]

China Imports by Country Last Previous
European Union 23568894.00 23905100.00 USD THO Aug/19
Taiwan 15611421.00 14832200.00 USD THO Aug/19
South Korea 14489875.00 14476100.00 USD THO Aug/19
Japan 14365561.00 14594800.00 USD THO Aug/19
Australia 11931006.00 11616200.00 USD THO Aug/19
United States 10344570.00 10880700.00 USD THO Aug/19
Germany 9135332.00 9157500.00 USD THO Aug/19
Brazil 7231034.00 7526300.00 USD THO Aug/19
Vietnam 6142558.00 4563300.00 USD THO Aug/19
Malaysia 6067860.00 6149500.00 USD THO Aug/19
Russia 4937215.00 4724700.00 USD THO Aug/19
Saudi Arabia 4868972.00 4481091.00 USD THO Aug/19
Thailand 4167001.00 3946000.00 USD THO Aug/19
Singapore 3429310.00 2906900.00 USD THO Aug/19
Indonesia 3025252.00 3047200.00 USD THO Aug/19
Switzerland 2583264.00 1327420.00 USD THO Aug/19
France 2479911.00 2535100.00 USD THO Aug/19
United Kingdom 2179662.00 1829600.00 USD THO Aug/19
Canada 2092069.00 2063200.00 USD THO Aug/19
Iraq 2075198.00 1931625.00 USD THO Aug/19
China Imports by Category Last Previous
Mechanical & Electrical Products 79760254.00 78342000.00 USD THO Aug/19
High-&-new-tech Products 56137972.00 55158700.00 USD THO Aug/19
Fuels & Related Materials 28876240.00 28301792.00 USD THO Aug/19
Integrated Circuit 28081400.00 26431100.00 USD THO Aug/19
Crude Petroleum (value) 19793200.00 19603700.00 USD THO Aug/19
Agricultural Products 13297000.00 12881200.00 USD THO Aug/19
Iron Ore & Concentrates 10911021.00 9887400.00 USD THO Aug/19
Iron Ores & Concentrate 10911000.00 9887400.00 USD THO Aug/19
Motor Vehicles & Chassis 4144800.00 3715800.00 USD THO Aug/19
Soybean 3673554.00 3277000.00 USD THO Aug/19
Measuring Instruments 3088158.00 3417586.00 USD THO Aug/19
Pharmaceuticals 2992000.00 2984600.00 USD THO Aug/19
Parts of Motor Vehicles 2956531.00 2462700.00 USD THO Aug/19
Automatic Data Proc. Eq. & Components 2823345.00 2919700.00 USD THO Aug/19
Medicinal & Pharmaceutical Products 2811151.00 2774864.00 USD THO Aug/19
Copper Ores & Concentrate 2770900.00 3285800.00 USD THO Aug/19
Copper Ore & Concentrate 2770874.00 3285800.00 USD THO Aug/19
Coal 2631960.00 2653900.00 USD THO Aug/19
Unwrought Copper & Copper Products 2616920.00 2747200.00 USD THO Aug/19
Liquefied Petroleum Gas 2278629.00 3211800.00 USD THO Aug/19

United Nations Comtrade Database
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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1784.74 1799.90 1951.34 13.88 1981 - 2019 USD HML Monthly
Current Prices, NSA




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