Imports to China rose by 36.7% year-on-year to USD 229.89 billion in June 2021, compared with market consensus of a 30% growth and after a decade-high figure of 51.1% a month earlier, amid rising commodity prices, slowing manufacturing and as domestic demand moderated following the latest COVID-19 outbreak in some regions. Purchases grew for natural gas (22.56%), copper ores & concentrates (5.09%), and coal (12.27%). In contrast, arrivals fell for crude oil (-24.53%), refined products (-39.0%), unwrought copper (-35.09%), iron ore (-12.06%), steel products (-33.4%), soybeans (-3.92%), edible oil (-0.2%), and rubber (-13.48%), and meat (-17.08%). source: General Administration of Customs
Imports in China averaged 602.28 USD HML from 1981 until 2021, reaching an all time high of 2298.90 USD HML in June of 2021 and a record low of 13.88 USD HML in February of 1983. This page provides - China Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Imports - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Imports in China is expected to be 2280.00 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 2240.00 in 12 months time. In the long-term, the China Imports is projected to trend around 2200.00 USD HML in 2022 and 2350.00 USD HML in 2023, according to our econometric models.