Table of Contents
How much does China import each year?
Value of import of goods in China from 2010 to 2020 (in billion U.S. dollars)
| Characteristic | Imports in billion U.S. dollars |
|---|---|
| 2019 | 2,077.1 |
| 2018 | 2,135.75 |
| 2017 | 1,843.79 |
| 2016 | 1,587.93 |
What country imports the most machinery?
Machinery
| Million $ | ||
|---|---|---|
| Item | 2013 | 2015 |
| U.S. general imports: | ||
| China | 44,345 | 50,524 |
| Mexico | 26,357 | 30,098 |
What is China’s main import?
Imports The top imports of China are Crude Petroleum ($204B), Integrated Circuits ($123B), Iron Ore ($83.1B), Petroleum Gas ($47.8B), and Cars ($43.1B), importing mostly from South Korea ($136B), Japan ($128B), Australia ($111B), Germany ($107B), and United States ($103B).
Where does China import machinery from?
In 2019, China imported $238B in Electrical machinery and equipment, mainly from South Korea ($52.2B), Chinese Taipei ($44.3B), Japan ($24.5B), Vietnam ($20B), and Germany ($17.2B).
What countries import machinery?
In 2019, the top exporters of Harvesting Machinery were Germany ($3.69B), United States ($3.16B), China ($2.32B), Belgium ($1.36B), and Italy ($1.28B). In 2019, the top importers of Harvesting Machinery were United States ($2.52B), Germany ($1.93B), France ($1.91B), Canada ($1.37B), and United Kingdom ($988M).
What countries export machinery?
In 2019, the top exporters of Other Electrical Machinery were China ($20.6B), United States ($4.97B), Germany ($4.12B), Japan ($3.44B), and Mexico ($2.53B). In 2019, the top importers of Other Electrical Machinery were United States ($11.3B), Hong Kong ($3.94B), China ($3.89B), Japan ($3.5B), and Germany ($2.53B).
What machinery is imported from China?
Increased imports from China principally consisted of window air-conditioning equipment, ceiling and other fans, compressors and parts, motor vehicle air-conditioning machines, other parts of air-conditioning machines, and other air-conditioning machines.
Does China export machinery?
China’s machinery industry is one of the leading pillars of the country’s economy. According to the data from China Customs, exports accounted for $429 billion and imports were approximately $202 billion from January to October in 2018, an increase of 12.1% and 19.1% respectively from 2017.
What kind of machinery does the US import from China?
The Machinery & Electrical category encompasses many common household devices. Think laser printers, countertop juicers, and those feline-friendly go-karts otherwise known as Roomba vacuum cleaners. In the first half of 2020, machines and electrical products made up roughly 20% of all U.S. imports and 24% of Chinese exports to the U.S.
How are imports from China going in 2020?
Imports from China in February 2020 were down 41% when compared to January 2020 driven by decreases in the major import categories. Year-on-year, imports from China in February 2020 were down 26%. Imports from China in both March and April 2020 increased as Chinese exports resumed to pre-COVID levels.
What kind of products are imported from China?
What kinds of products are imported from China? China is the leading supplier for every import category for the United States. Its top three import product categories are the same for the U.S. overall: Machinery & Electrical, followed by Miscellaneous, then Textiles.
How much money does China Export and import?
In 2017, China exported $2.41T and imported $1.54T, resulting in a positive trade balance of $873B. In 2017 the GDP of China was $12.2T and its GDP per capita was $16.8k.