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WTO Tariff & Trade Data

China

All products

Applied tariffs

Simple average MFN applied 2024
* 7.5 %
Trade-weighted MFN average 2024
* 3.0 %
Share of MFN duty-free 2024
9.7 %
Best preference trade-weighted average 2024
* 2.7 %

Source of data: WTO IDB, Trade Data Monitor, WTO RTA, World Tariff Profiles

* Ad valorem equivalents (AVEs) used

Bound tariffs

Simple average bound
10.0 %
Binding coverage
100.0 %
Share of bound duty-free
6.6 %

Source of data: CTS

* Ad valorem equivalents (AVEs) used

Imports

Total imports: 2,469,501.7 million USD in 2024

Imports by partner

European Union
10.9 % 269,414.1 million USD
Chinese Taipei
8.8 % 217,864.0 million USD
Korea, Republic of
7.4 % 181,762.2 million USD
United States of America
6.6 % 163,930.3 million USD
Japan
6.3 % 156,288.7 million USD
Australia
5.7 % 140,979.3 million USD
Russian Federation
5.2 % 129,163.6 million USD
Brazil
4.7 % 116,306.7 million USD
Malaysia
4.5 % 110,889.2 million USD
Viet Nam
4.0 % 98,879.5 million USD
Rest of the World
35.8 % 884,024.1 million USD

Source of data: Trade Data Monitor

Imports by products HS 2022

270900 Petroleum oils and oils obtained from bituminous minerals, crude
13.1 % 324,730.7 million USD
854231 Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
7.0 % 173,338.5 million USD
260111 Non-agglomerated iron ores and concentrates (excl. roasted iron pyrites)
5.3 % 129,779.5 million USD
710812 Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
3.9 % 97,136.6 million USD
854232 Electronic integrated circuits as memories
3.0 % 74,495.7 million USD
854239 Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
2.9 % 71,610.3 million USD
260300 Copper ores and concentrates
2.7 % 67,856.7 million USD
120190 Soya beans, whether or not broken (excl. seed for sowing)
2.1 % 52,804.0 million USD
271111 Natural gas, liquefied
1.8 % 44,167.6 million USD
270112 Bituminous coal, whether or not pulverised, non-agglomerated
1.4 % 35,367.1 million USD
Rest of the products
56.6 % 1,398,215.1 million USD

Source of data: Trade Data Monitor

Exports

Total exports: 3,576,764.6 million USD in 2024

Exports by destination

United States of America
14.7 % 524,521.1 million USD
European Union
14.4 % 516,176.5 million USD
Hong Kong, China
8.1 % 291,280.9 million USD
Viet Nam
4.5 % 161,848.8 million USD
Japan
4.3 % 152,019.8 million USD
Korea, Republic of
4.1 % 146,266.7 million USD
India
3.4 % 120,501.8 million USD
Russian Federation
3.2 % 115,510.9 million USD
Malaysia
2.8 % 101,337.1 million USD
Mexico
2.5 % 90,184.6 million USD
Rest of the World
37.9 % 1,357,116.3 million USD

Source of data: Trade Data Monitor

Exports by products HS 2022

851713 Smartphones for wireless networks
3.7 % 132,607.9 million USD
847130 Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a central processing unit, a keyboard and a display (excl. peripheral units)
2.9 % 102,187.1 million USD
999999 Unspecified products
2.6 % 94,262.7 million USD
854232 Electronic integrated circuits as memories
1.9 % 68,753.5 million USD
850760 Lithium-ion accumulators (excl. spent)
1.7 % 61,121.6 million USD
854231 Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
1.6 % 57,129.1 million USD
950300 Tricycles, scooters, pedal cars and similar wheeled toys; dolls' carriages; dolls; other toys; reduced-size "scale" recreational models, working or not; puzzles of all kinds
1.1 % 39,880.7 million USD
851762 Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
1.1 % 39,436.1 million USD
851779 Parts of telephone sets, telephones for cellular networks or for other wireless networks and of other apparatus for the transmission or reception of voice, images or other data, n.e.s.
1.0 % 35,511.3 million USD
271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
1.0 % 34,389.3 million USD
Rest of the products
81.4 % 2,911,485.3 million USD

Source of data: Trade Data Monitor

Preferential regimes provided by China

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China as a beneficiary based on other economies reported preferential regimes

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