China’s annual import and export statistics

China’s annual import and export statistics, China, the world’s second‑largest economy and its leading goods trader, reached a record high in foreign trade in 2024, further cementing its role as a central hub in global commerce. According to the General Administration of Customs (GAC), the nation’s total goods imports and exports hit 43.85 trillion yuan (about US $6.1 trillion), marking a 5% year‑on‑year increase.

Export Performance

• Total exports: 25.45 trillion yuan, up 7.1% from 2023.
• Key growth sectors:
  • Machinery and electrical products — up 8.7%, accounting for 59.4% of total exports.
  • High‑tech goods such as electric vehicles, 3D printers, and industrial robots saw rapid expansion.
• New trade formats: Cross‑border e‑commerce exports surged, contributing to a total e‑commerce trade value of 2.63 trillion yuan, up by 1 trillion yuan compared to 2020.

Import Trends

• Total imports: 18.39 trillion yuan, up 2.3% year‑on‑year.
• Growth was driven by demand for energy resources, agricultural products, and high‑end manufacturing inputs.
• Imports of advanced technology and components supported China’s industrial upgrading.

Global Standing

• In the first three quarters of 2024, China’s exports and imports accounted for 14.5% and 10.5% of global totals respectively, both slightly higher than in 2023.
• The country maintained its position as the world’s largest goods trader, outpacing other major economies in trade growth.

Policy Support and Trade Facilitation

China’s trade performance was bolstered by:

• 16 measures to optimize port business environments and streamline customs clearance.
• Special initiatives in 20 cities to promote cross‑border trade facilitation.
• Policies encouraging diversification of export markets and upgrading of product structures.

China’s annual import and export statistics(2011-2024)
Date	Imports and exports (US$ billion)		Exports (US$ billion)		Imports (billion US dollars)
	Amount	Year-on-year（%）	Amount	Year-on-year（%）	Amount	Year-on-year（%）
2024年	61622.89	3.8	35772.22	5.9	25850.67	1.1
2023年	59359.85	-5	33790.44	-4.7	25569.41	-5.5
2022年	63065.1	4.3	35921.4	7	27143.6	1
2021年	60438.7	29.8	33571.4	29.6	26867.3	30
2020年	46559.13	1.7	25899.52	3.6	20659.62	-0.6
2019年	45778.91	-1	24994.82	0.5	20784.09	-2.7
2018年	46224.44	12.5	24866.96	9.9	21357.48	15.8
2017年	41071.38	11.4	22633.45	7.9	18437.93	16.1
2016年	36855.57	-6.8	20976.31	-7.7	15879.26	-5.5
2015年	39530.33	-8	22734.68	-2.9	16795.64	-14.1
2014年	43015.27	3.4	23422.93	6	19592.35	0.4
2013年	41589.93	7.5	22090.04	7.8	19499.89	7.2
2012年	38671.19	6.2	20487.14	7.9	18184.05	4.3
2011年	36418.64	22.5	18983.81	20.3	17434.84	24.9