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Share of imports in gross domestic product (GDP) in China 2008-2018
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Share of imports in gross domestic product (GDP) in China 2008-2018
Share of imports in China's gross domestic product (GDP) from 2008 to 2018
by Agne Blazyte,
last edited
Mar 25, 2019
The statistic shows China's share of imports in gross domestic product (GDP) from 2008 to 2018. In 2018, imports had accounted for almost 15.7 percent of China's gross domestic product (GDP).
Import development in China – additional information
Trade is essential to modern economies. The imports-to-GDP ratio measures a country’s openness to inward trade. One similar indicator is the trade-to-GDP-ratio, which is the sum of exports and imports divided by GDP. It is used to measure a country’s integration in the world economy.
As of 2013, China was the third largest merchandise importing nation worldwide, representing 12.9 percent of all global imports of goods. China’s imports of goods had grown five fold over one decade. In 2003, the import value stood at merely 0.4 trillion U.S. dollars, whereas in 2013, China brought forth almost two trillion U.S. Dollars worth of imported commodities, its main import categories being machinery, transport equipment and mineral fuels. Meanwhile, the monetary value of services imported to China, although much lower than merchandise imports, also soared from 39 billion in 2003 to 280 billion U.S. Dollars in 2013.
In 2013, the European Union was the most important import partner for China, with imports amounting to approximately 220 million U.S. dollars. Machinery and transport equipment accounted for more than half of the imports from the EU to China. According to Eurostat, exports from the European Union to China had increased by 2.9 percent in 2013. That same year, the European Union imported around 280 billion Euros worth of goods from China, resulting in a trade deficit of roughly 130 billion Euros. Trade deficits were most significant in sectors such as machinery, transport equipment and apparel manufacturing.
Share of imports in China's gross domestic product (GDP) from 2008 to 2018
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by Agne Blazyte,
last edited
Mar 25, 2019
The statistic shows China's share of imports in gross domestic product (GDP) from 2008 to 2018. In 2018, imports had accounted for almost 15.7 percent of China's gross domestic product (GDP).
Import development in China – additional information
Trade is essential to modern economies. The imports-to-GDP ratio measures a country’s openness to inward trade. One similar indicator is the trade-to-GDP-ratio, which is the sum of exports and imports divided by GDP. It is used to measure a country’s integration in the world economy.
As of 2013, China was the third largest merchandise importing nation worldwide, representing 12.9 percent of all global imports of goods. China’s imports of goods had grown five fold over one decade. In 2003, the import value stood at merely 0.4 trillion U.S. dollars, whereas in 2013, China brought forth almost two trillion U.S. Dollars worth of imported commodities, its main import categories being machinery, transport equipment and mineral fuels. Meanwhile, the monetary value of services imported to China, although much lower than merchandise imports, also soared from 39 billion in 2003 to 280 billion U.S. Dollars in 2013.
In 2013, the European Union was the most important import partner for China, with imports amounting to approximately 220 million U.S. dollars. Machinery and transport equipment accounted for more than half of the imports from the EU to China. According to Eurostat, exports from the European Union to China had increased by 2.9 percent in 2013. That same year, the European Union imported around 280 billion Euros worth of goods from China, resulting in a trade deficit of roughly 130 billion Euros. Trade deficits were most significant in sectors such as machinery, transport equipment and apparel manufacturing.
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- Release date
- February 2019
- Region
- China
- Survey time period
- 2008 to 2018
- Supplementary notes
- Figures from 2010 to 2018 have been calculated based on import and GDP data published by the National Bureau of Statistics of China. Figures prior to 2010 have been calculated from IMF and OECD data.
Source
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- February 2019
More information
- Region
- China
- Survey time period
- 2008 to 2018
- Supplementary notes
- Figures from 2010 to 2018 have been calculated based on import and GDP data published by the National Bureau of Statistics of China. Figures prior to 2010 have been calculated from IMF and OECD data.
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Statistics on "Imports to China"
- General overview
The most important statistics
- Leading merchandise importers worldwide in 2018, by importing nation (in billion U.S. dollars)Leading global merchandise importers 2018, by importing nation
- Share of the leading merchandise importers worldwide in 2018, by importing nationShare of the leading merchandise importers worldwide 2018, by importing nation
- China: trade balance from 2007 to 2017 (in billion U.S. dollars)Trade balance of China 2007-2017
- Share of imports in China's gross domestic product (GDP) from 2008 to 2018Share of imports in gross domestic product (GDP) in China 2008-2018
- China: value of monthly imports from June 2018 to June 2019 (in billion U.S. dollars)Value of imports into China by month June 2019
- Import of goods and services
The most important statistics
- China: import of goods from 2007 to 2017 (in billion U.S. dollars)Import of goods to China 2007-2017
- China: annual change of goods imports from 2008 to 2018Annual growth rate of imported goods into China 2008-2018
- Characterization of imported goods into China in 2018 (in billion yuan)Characterization of imported goods into China 2018
- Import of goods to China in 2017, by product category (in billion U.S. dollars)Import of goods to China by product category 2017
- Main goods imported into China in 2018 (in billion yuan)Main goods imported into China 2018
- China: import of commercial services from 2007 to 2017 (in billion U.S. dollars)Import of commercial services to China 2007-2017
- Breakdown of service imports to China in 2017, by categoryService import breakdown by category in China 2017
- Import partners
The most important statistics
- China: import partners in 2018, by import value (in billion yuan)China's main import partners 2018, by import value
- Volume of European Union exports to China in 2018, by commodity (in billion euros)Volume of EU exports to China 2018, by commodity
- Export values from the ASEAN region to China from 2005 to 2017 (in billion U.S dollars)*Export values in the ASEAN region to China 2005-2017
- Value of goods exported by South Korea to China since Free Trade Agreement (FTA) from 2015 to 2017 (in billion U.S. dollars)South Korea: value of goods exported to China since FTA 2015-2017
- Value of exported goods from the United States to China in 2018, by commodity category (in billion U.S. dollars)Value of the leading U.S. exports to China 2018, by commodity
- Import figures of selected product categories
The most important statistics
- Manufactured goods imported into China in 2017, by product category (in billion U.S. dollars)Manufactured goods imported into China in 2017, by product category
- Import value of integrated circuits (IC) in China from 2014 to 2017 (in billion U.S. dollars)Import value of integrated circuits (IC) in China 2014-2017
- Import volume of crude oil to China between 2009 and 2017 (in million tons) Import volume of crude oil to China 2017
- Import value of coal in China between 2009 and 2017 (in billion U.S. dollars)Import value of coal in China in 2017
- Import value of rolled steel in China between 2009 and 2017 (in billion U.S. dollars) Import value of rolled steel in China in 2017
- Market share of leading soybean suppliers to China in 2017, by countryMarket share of soybean suppliers to China 2017, by country
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Statistics on "Imports to China"
- Leading merchandise importers worldwide in 2018, by importing nation (in billion U.S. dollars)
- Share of the leading merchandise importers worldwide in 2018, by importing nation
- China: trade balance from 2007 to 2017 (in billion U.S. dollars)
- Share of imports in China's gross domestic product (GDP) from 2008 to 2018
- China: value of monthly imports from June 2018 to June 2019 (in billion U.S. dollars)
- China: import of goods from 2007 to 2017 (in billion U.S. dollars)
- China: annual change of goods imports from 2008 to 2018
- Characterization of imported goods into China in 2018 (in billion yuan)
- Import of goods to China in 2017, by product category (in billion U.S. dollars)
- Main goods imported into China in 2018 (in billion yuan)
- China: import of commercial services from 2007 to 2017 (in billion U.S. dollars)
- Breakdown of service imports to China in 2017, by category
- China: import partners in 2018, by import value (in billion yuan)
- Volume of European Union exports to China in 2018, by commodity (in billion euros)
- Export values from the ASEAN region to China from 2005 to 2017 (in billion U.S dollars)*
- Value of goods exported by South Korea to China since Free Trade Agreement (FTA) from 2015 to 2017 (in billion U.S. dollars)
- Value of exported goods from the United States to China in 2018, by commodity category (in billion U.S. dollars)
- Manufactured goods imported into China in 2017, by product category (in billion U.S. dollars)
- Import value of integrated circuits (IC) in China from 2014 to 2017 (in billion U.S. dollars)
- Import volume of crude oil to China between 2009 and 2017 (in million tons)
- Import value of coal in China between 2009 and 2017 (in billion U.S. dollars)
- Import value of rolled steel in China between 2009 and 2017 (in billion U.S. dollars)
- Market share of leading soybean suppliers to China in 2017, by country
- Value of merchandise imports into Macau in 2017, by origin (in billion Macau patacas)
- Value of merchandise imports into the United States from China in 2018, by SITC product type (in million U.S. dollars)
- Canada: merchandise trade import value from China from 2013 to 2017 (in billion Canadian dollars)
- Value of personal and household goods imported into the European Union from 2000 to 2016 (in million U.S. dollars)
- Value of imports from Jordan to Qatar from 2007 to 2016 (in million Qatari riyals)
- Sweden: value of total merchandise imports from the European Union 2005 to 2015 (in million U.S. dollars)
- Value of imports from Middle East and North Africa to Qatar in 2016, by country of origin (in million Qatari riyals)
- Value of imports from Saudi Arabia to Qatar from 2007 to 2016 (in billion Qatari riyals)
- Value of imports from Syria to Qatar from 2007 to 2016 (in million Qatari riyals)
- Value of imports from Asian countries to Qatar from 2007 to 2016 (in billion Qatari riyals)
- Value of merchandise imports of the United States in 2012, by region of origin (in billion U.S. dollars)
- Value of imports from Oman to Qatar from 2007 to 2016 (in million Qatari riyals)
- Value of imports from European countries to Qatar from 2007 to 2016 (in billion Qatari riyals)
- Value of imports from Bahrain to Qatar from 2007 to 2016 (in billion Qatari riyals)
- Value of imports from United Arab Emirates to Qatar from 2007 to 2016 (in billion Qatari riyals)
- Growth rate of merchandise imports in South Korea from 2013 to 2020
- Import value of the ASEAN 6 region* from 2005 to 2017 (in billion U.S. dollars)
- Leading 10 destinations of Indiana's exports from 2007 to 2011, based on export value (in million U.S. dollars)
- Exports of glass containers from Costa Rica in 2016 and 2017 (in million U.S. dollars)
- Import value of general machineries to Japan from selected European countries in 2017, by region (in billion Japanese yen)
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