China’s Top Trading Partners – USA #1

CLICK: China’s Top Trading Partners

Below is a list highlighting 15 of China’s top trading partners in terms of export sales. That is, these countries imported the most Chinese shipments by dollar value during 2018. Also shown is each import country’s percentage of total Chinese exports.

1. United States: US$479.7 billion (19.2% of total Chinese exports)
2. Hong Kong: $303 billion (12.1%)
3. Japan: $147.2 billion (5.9%)
4. South Korea: $109 billion (4.4%)
5. Vietnam: $84 billion (3.4%)
6. Germany: $77.9 billion (3.1%)
7. India: $76.9 billion (3.1%)
8. Netherlands: $73.1 billion (2.9%)
9. United Kingdom: $57 billion (2.3%)
10. Singapore: $49.8 billion (2%)
11. Taiwan: $48.7 billion (2%)
12. Russia: $48 billion (1.9%)
13. Australia: $47.5 billion (1.9%)
14. Malaysia: $45.8 billion (1.8%)
15. Mexico: $44.1 billion (1.8%)

China incurred the highest trade surpluses at the expense of the following countries:

1. United States: US$323.7 billion (country-specific trade surplus in 2018)
2. Hong Kong: $294.4 billion
3. Netherlands: $60.8 billion
4. India: $58 billion
5. United Kingdom: $33.1 billion
6. Mexico: $30.1 billion
7. Vietnam: $19.9 billion
8. Poland: $17.3 billion
9. Bangladesh: $16.8 billion
10. Spain: $16.3 billion

China incurred the highest trade deficits with the following countries:

1. Taiwan: -US$128.7 billion (country-specific trade deficit in 2018)
2. South Korea: -$95.5 billion
3. Australia: -$57.5 billion
4. Brazil: -$43.4 billion
5. Switzerland: -$34.6 billion
6. Japan: -$33.2 billion
7. Germany: -$28.3 billion
8. Saudi Arabia: -$28.3 billion
9. Angola: -$23.4 billion
10. Malaysia: -$17.5 billion