Imports to China dropped 7.6 percent year-on-year to USD 166 billion in March 2019, worse than market expectations of a 1.3 percent fall and after a 5.2 percent decline in the previous month. This was the fourth straight month of decline in inbound shipments, suggesting the country's domestic demand remains weak, as purchases of soybeans decreased 13.1 percent to 4.92 million tonnes, amid higher tariff imposed on shipments from the US. In addition, purchases of unwrought copper fell 9.1 percent to 391,000 tonnes and imports of steel products dropped 26.9 percent to 0.90 million tonnes. Also, inbound shipments of coal fell 12.1 percent to 23.48 million tonnes. In contrast, imports of iron ore went up 0.8 percent to 86.42 million tonnes; purchases of copper concentrate advanced 10.4 percent to 1.767 million tonnes; inbound shipments of crude oil grew 0.4 percent from a year ago to 39.34 million tonnes and purchases of natural gas imports increased 16.4 percent to 6.94 million tonnes. Imports in China averaged 530.30 USD HML from 1981 until 2019, reaching an all time high of 1951.23 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 1470.00 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 326.47 40.10 612.86 -320.02 USD HML [+]
Current Account 545.99 232.63 1330.85 -341.00 USD HML [+]
Current Account to GDP 0.40 1.30 10.10 -3.70 percent [+]
Imports 1660.25 1311.50 1951.23 13.88 USD HML [+]
Exports 1986.72 1351.70 2315.23 12.50 USD HML [+]
External Debt 19652.14 17106.00 19652.14 158.28 USD HML [+]
Terms of Trade 104.38 99.42 118.33 81.75 Index Points [+]
Capital Flows -546.00 168.00 725.40 -1305.58 USD HML [+]
Foreign Direct Investment 36.19 216.90 1349.70 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 3845.00 3779.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1660.25 1311.50 1951.23 13.88 1981 - 2019 USD HML Monthly
Current Prices, NSA




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