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China exports by main countries

 

China’s top export market is the USA. In the year 2011, 352 USD billion worth of exports are exported to USA. Subsequently, European Union comes in 2nd with 334 USD billion worth of exports from China. This is followed by Hong Kong having 324 USD billion worth of exports from China. These three countries / regions have formed the major portion of China’s export market; constituting to 49.3% share of China's total exports. These statistics reflects the considerable weight of China in the exports industry of the above-mentioned countries. Changes in demand and supply conditions would have a significant impact on the economy of EU, USA and Hong Kong and vice versa.

 

Below is the chart of China top 10 export markets (countries / regions) for the year 2012:

 

China top export markets

In addition, there was a noticeable rising trend in the amount of exports to EU from 15.3% in 2001 to 20.1% in 2007, then decreased to 16.3% in 2012. Other trends include a significant plummet in the proportion of exports to Hong Kong and Japan. Amount of exports to Hong Kong (proportion of share in China’s exports) has shrunk from 18.5% in 2001 to 15.8% in 2012. As for Japan, the drop in portion is even greater - from 17.1% in 2001 to 7.4% in 2012. This shows that China’s goods are gaining popularity in the EU region over the years as shown in the rising trend. As for proportion of China’s exports to ASEAN and US markets, the amount of share stagnates.

 

Below is the chart of trends for China top 5 export markets  (countries / regions) from year 2001 - 2012:

 

Trends of China top export market

 

 

Related topics:

 

1.   China total import and export trends

2.   Trends of China total exports by trade patterns

3.   Trends of China total imports by trade patterns

4.   Trends of China total exports by business types

5.   Trends of China total imports by business types

6.   China major trade partners and trends of top trade partners

7.   China major export markets and trends of top export market

8.   China major import sources and trends of top import source

9.   Top source regions of China trade surplus and trends

10. Top source regions of China trade deficit and trends

11. Top China exporting provinces and trends

12. Top China importing provinces and trends

13. Top China exporting cities and trends

14. Top exported goods and trends of major exported commodities

15. Top imported goods and trends of major imported commodities

16. China customs taxes for imported goods and export tax rebate

17. China foreign currency reserves and trends

 

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