Imports YoY in China remained unchanged at 20.60 percent in October from 20.60 percent in October of 2021. source: General Administration of Customs

Imports YoY in China averaged 15.03 percent from 1991 until 2021, reaching an all time high of 85.50 percent in January of 2010 and a record low of -43.10 percent in January of 2009. This page includes a chart with historical data for China Imports YoY. China Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

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China Imports YoY

Calendar GMT Actual Previous Consensus TEForecast
2021-10-13 03:00 AM Sep 17.6% 33.1% 20% 21%
2021-11-07 03:00 AM Oct 20.6% 17.6% 25% 26%
2021-12-07 03:00 AM Nov 20.6% 21%

News Stream
China Import Growth Below Forecasts
Imports to China rose by 20.6 percent year-on-year to USD 215.68 billion in October 2021, compared with market expectations of a 25.0 percent gain and after a 17.6 percent growth in September. Purchases grew for coal (96.29 percent), refined products (43.28 percent), natural gas (24.53 percent) copper ores & concentrates (6.33 percent), while fell for crude oil (-11.2 percent), unwrought copper (-33.58 percent), iron ore (-14.18 percent), steel products (-41.67 percent), edible oil (-30.73 percent), rubber (-23.70 percent), soybeans (-41.19 percent), and meats (-12.75 percent). Arrivals gained from Japan (9.9 percent), South Korea (22.3 percent), Taiwan (7.2 percent), Australia (24.3 percent), the US (4.6 percent), and the ASEAN countries (23.1 percent), but dropped slightly from the EU (-0.7 percent).
China Imports Rise Less than Expected
Imports to China rose 17.6 percent year-on-year to a record high of USD 239.0 billion in September 2021, missing market expectations of a 20.0 percent advance and easing from a 33.1 percent rise seen in August. There was a slowdown in inbound shipments of semiconductors and lower import volumes of industrial metals due to environmental curbs and cooling construction activity. Still, China's energy demand remained strong. Among major commodities, imports were up for refined products (19.31 percent), natural gas (22.64 percent), and coal (76.07 percent); but fell for crude oil (-15.33 percent), unwrought copper (-43.80 percent), iron ore (-11.92 percent), steel products (-56.46 percent), and soybeans (-29.76 percent). Purchases rose from ASEAN (17.3 percent), the EU (1.1 percent), Taiwan (13.4 percent), South Korea (13.3 percent), Japan (5.5 percent), the US (16.6 percent) and Australia (50.7 percent).
China Imports Largest on Record
Imports to China jumped by 33.1% year-on-year to a fresh high of USD 236 billion in August 2021, exceeding market estimates of 26.8% and after a 28.1% growth a month earlier. This marked the eleventh straight month of expansion in inbound shipments, amid strengthening domestic demand following signs of successful containment measures in relation to the Delta strain of COVID-19 outbreak in some regions. Imports of coal jumped 35.8% yoy due to tight domestic supply and strong demand and imports of iron ore picked up for the first time in five months.

China Imports YoY
In 2019 imports to China fell 2.7 percent, the first yearly decline in three years, on weak domestic demand and persistent trade tensions with the US. Machinery and transport equipment accounted for 38 percent of total imports on the back of electrical machinery, apparatus and appliances (21 percent), road vehicles (4 percent), telecommunications and sound recording and reproducing apparatus and equipment (3 percent), and office machines and automatic data processing machines (3 percent). Other important categories were: mineral fuels, lubricants and related materials (17 percent) led by petroleum, petroleum products and related materials (13 percent) and gas, natural and manufactured (3 percent); crude materials, inedible, except fuels (14 percent), such as metalliferous ores and metal scrap (9 percent); chemicals and related products (11 percent) due to organic chemicals (3 percent) and plastics in primary forms (3 percent); miscellaneous manufactured articles (7 percent); manufactured goods classified chiefly by material (7 percent); and food and live animals (4 percent). The biggest source of imports was the EU (13 percent of imports) of which Germany (5 percent) and France (2 percent), followed by South Korea, Taiwan, Japan (8 percent each), the US and Australia (6 percent each), Brazil (4 percent), Malaysia, Vietnam, Russia and Saudi Arabia (3 percent each), and Thailand, Singapore and Indonesia (2 percent each).

China Imports by Country Last Previous
European Union 34693700.00 24717800.00 USD THO Feb/20
Taiwan 20382500.00 23960800.00 USD THO Oct/21
South Korea 18185300.00 19866900.00 USD THO Oct/21
Japan 16385700.00 18129200.00 USD THO Oct/21
United States 13023800.00 15398900.00 USD THO Oct/21
Australia 12561100.00 15036800.00 USD THO Oct/21
Germany 8575300.00 10407400.00 USD THO Oct/21
Vietnam 7707900.00 8976500.00 USD THO Oct/21
Brazil 7553100.00 10496800.00 USD THO Oct/21
Russia 7522100.00 6867800.00 USD THO Oct/21
Malaysia 7458600.00 8622300.00 USD THO Oct/21
Indonesia 5975000.00 6083800.00 USD THO Oct/21
Switzerland 5587211.00 3556234.00 USD THO Oct/21
Saudi Arabia 4966222.00 5276341.00 USD THO Oct/21
Thailand 4677600.00 5590700.00 USD THO Oct/21
France 3024100.00 3302100.00 USD THO Oct/21
South Africa 2950700.00 2767700.00 USD THO Oct/21
Singapore 2927400.00 3297100.00 USD THO Oct/21
Chile 2763362.00 3213137.00 USD THO Oct/21
Oman 2642591.89 2815628.90 USD THO Oct/21
China Imports by Category Last Previous
Mechanical & Electrical Products 90639400.00 103524800.00 USD THO Oct/21
High-&-new-tech Products 68729600.00 77457000.00 USD THO Oct/21
Integrated Circuit 34885900.00 41367200.00 USD THO Oct/21
Fuels & Related Materials 33145207.53 34508974.98 USD THO Oct/21
Crude Petroleum (value) 20752400.00 21498900.00 USD THO Oct/21
Agricultural Products 15343100.00 18346500.00 USD THO Oct/21
Iron Ore & Concentrates 12559900.00 16964100.00 USD THO Oct/21
Iron Ores & Concentrate 12559900.00 16964100.00 USD THO Oct/21
Automatic Data Proc. Eq. & Components 5362200.00 6565300.00 USD THO Oct/21
Liquefied Petroleum Gas 5036600.00 5190500.00 USD THO Oct/21
Copper Ore & Concentrate 4343800.00 5190500.00 USD THO Oct/21
Copper Ores & Concentrate 4343800.00 5190500.00 USD THO Oct/21
Iron & Steel 4077563.33 4066862.80 USD THO Oct/21
Unwrought Copper & Copper Products 4038100.00 3963800.00 USD THO Oct/21
Coal 3608900.00 3913200.00 USD THO Oct/21
Measuring Instruments 3534067.00 3751427.00 USD THO Oct/21
Pharmaceuticals 3442300.00 4312000.00 USD THO Oct/21
Medicinal & Pharmaceutical Products 3246847.78 4013273.34 USD THO Oct/21
Soybean 3052600.00 4130100.00 USD THO Oct/21
Copper & Its Alloys 2760280.00 2570289.00 USD THO Dec/19

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category