In terms of export regional distribution, the largest growth in exports in 2024 came from Latin America, with a 13.0% increase, followed by ASEAN, which saw a 12.0% growth. The fastest-growing countries were Brazil (22.0%), Vietnam (17.7%), Indonesia (17.6%), Malaysia (16.1%), and Tha...
In terms of individual countries and separate tariff zones, the U.S. remained by far China’s largest export market in 2024, totaling $524.656 billion, accounting for roughly one-seventh of its total global exports. Hong Kong followed as the second-largest market with $291.14 billion in export...
A press conference on China's import and export in the first quarter of 2024 is held by the State Council Information Office in Beijing, capital of China, April 12, 2024. (Xinhua/Cai Yang) BEIJING, April 12 (Xinhua) -- China's total import and export of goods expanded 5 percent year ...
In addition, the country will reduce the export tariff on high-purity aluminum. Meanwhile, China will raise import tariffs on ethylene, propylene, and certain types of liquid crystal glass substrates, among others, within its accession commitment to the World Trade Organization. Under the free trad...
In December 2024, Chinese exports amounted to around 335.6 billion U.S. dollars. This indicated a significant increase in exports compared to the same period of the previous year. Export trade in China China overtook the United States as the world’s largest trading nation in 2013. In the ...
Dec 20, 2024 China's share of exports in gross domestic product (GDP) amounted to approximately 18.9 percent in 2023, decreasing from 19.6 percent in the previous year. The total Chinese merchandise export value amounted to around 23.8 trillion yuan that year. ...
As the main engine for the steady growth of China’s foreign trade, private companies boast themselves as a highlight in the country’s 2024 Q1 economic performance. A year-on-year comparison showed that China’s import...
While export volume rose sharply, the average price of automobiles exported last year also increased to 19,000 U.S. dollars, up from 16,000 dollars in 2021, Cui revealed. "Made-in-China vehicles have not only expanded their reach, but are also improving in quality and gaining greater marke...
China's clean oil product exports in 2024 are expected to remain stable at the 2023 level after jumping 22% in the recently concluded year as market sources believe the export quotas this year could control the shipments, while weak export margins could also weigh. Clean oil product exports ...
the data showed. the total export value of the tech-intensive green trio, namely solar batteries, lithium-ion batteries and electric vehicles, surged 29.9 percent to 1.06 trillion yuan in 2023. it marks the first time that the figure topp...