Imports to China slumped 5.6 percent from a year earlier to USD 179.97 billion in August 2019, compared to market consensus of 6 percent fall and July's 5.3 percent drop. That was the fourth straight month of yearly decrease in imports, due to lower purchases of unwrought copper (-3.8 percent); steel products (-8.5 percent); rubber (-11.7 percent); refined products (-22.7 percent); and fuel oil (-28.3 percent). In contrast, imports rose for crude oil (9.9 percent); copper concentrate, or partially processed copper ore (9.2 percent); iron ore (6.1 percent); soybeans (3.6 percent); natural gas (7.3 percent); coal (14.9 percent); rare earths (0.9 percent); and edible vegetable oil (51.7 percent). Imports fell from the US (-22.4 percent), the EU (-5.2 percent), Japan (-8.8 percent), South Korea (-17.6 percent) and Taiwan (-1.4 percent). On the other hand, imports increased from ASEAN (7.6 percent) and Australia (32.2 percent). Imports in China averaged 543.38 USD HML from 1981 until 2019, reaching an all time high of 1951.34 USD HML in September of 2018 and a record low of 13.88 USD HML in February of 1983.

Imports in China is expected to be 1810.00 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 1550.00 in 12 months time. In the long-term, the China Imports is projected to trend around 2100.00 USD HML in 2020, according to our econometric models.

China Imports
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-10 03:00 AM Imports YoY May -8.5% 4% -3.8%
2019-07-12 07:50 AM Imports YoY Jun -7.3% -8.5% -4.5%
2019-08-08 03:00 AM Imports YoY Jul -5.6% -7.4% -8.3%
2019-09-08 04:00 AM Imports YoY Aug -5.6% -5.3% -6%


China Trade Last Previous Highest Lowest Unit
Balance of Trade 348.30 445.80 612.86 -320.02 USD HML [+]
Current Account 570.00 490.14 1330.85 -341.00 USD HML [+]
Current Account to GDP 0.40 1.30 10.10 -3.70 percent [+]
Imports 1799.70 1769.50 1951.34 13.88 USD HML [+]
Exports 2148.00 2215.30 2315.23 12.50 USD HML [+]
External Debt 19652.14 17106.00 19652.14 158.28 USD HML [+]
Terms of Trade 99.24 95.83 118.33 81.75 Index Points [+]
Capital Flows -570.00 387.52 725.40 -1305.58 USD HML [+]
Foreign Direct Investment 892.60 788.01 1349.66 18.32 USD HML [+]
Tourist Arrivals 3054.00 2917.00 3054.00 22.96 Tens of Thousands [+]
Gold Reserves 1936.49 1926.53 1936.49 395.01 Tonnes [+]
Crude Oil Production 3822.00 3823.00 4408.00 1012.00 BBL/D/1K [+]
Terrorism Index 5.11 5.54 6.29 1.47 [+]
Tourism Revenues 5.97 5.40 5.97 4.13 CNY Trillion [+]
Weapons Sales 1040.00 1227.00 2605.00 3.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



China Imports

China’s main imports are mechanical and electrical products and high tech goods. The country is also one of the biggest consumers of commodities in the world with crude oil, iron ore , copper and aluminum being the most important. China’s main import partners are: the European Union of Germany, ASEAN countries of which Malaysia, South Korea, Japan, Taiwan, United States and Australia. This page provides - China Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Imports - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1799.70 1769.50 1951.34 13.88 1981 - 2019 USD HML Monthly
Current Prices, NSA




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