March 21, 2023
AGI News
China has the second largest economy in the world, only behind the US. This makes China a significant player in world trade when it comes to the importing and exporting of goods. Why not read on to find out what China exports, with our top 10 Chinese exports article!
Find out more about global freight forwarding: If your business is interested in freight forwarding services to transport goods and maintain an efficient supply chain, we provide global support with safe and on time Air Freight Services, Sea Freight Services and Road Freight Services. We also support with customs clearance services and documentation.
How big is the export market in China?
According to data from World’s Top Exports, Chinese exports totalled US$3.026 trillion in 2021. Exports to the US, Hong Kong, Japan, South Korea and Vietnam accounted for the biggest values, totalling 41.2% of all China exports.
Some global leading companies help to account for such high export figures, with Chinese companies well represented in the Forbes Global 2000 rankings. These companies include PetroChina, the Alibaba Group & Sinopec.
So, what are the top 10 Chinese exports?
The following are the top 10 Chinese exports during 2021. This top 10 accounts for 68.4% of the total US$ value for all exports from China.
1. Electrical Machinery and Equipment – US$804.5 billion (26.6% of total exports from China)
2. Machinery including Computers – US$492.3 billion (16.3% of total exports)
3. Furniture, Bedding, Lighting, Signs & Prefabricated Buildings – US$126.3 billion (4.2% of total exports)
4. Plastics & Plastic Articles – US$118.1 billion (3.9% of total exports)
5. Vehicles – US$108.9 billion (3.6% of total exports)
6. Toys & Games – US$94.0 billion (3.1% of total exports)
7. Optical, Technical & Medical Apparatus – US$88.8 billion (2.9% of total exports)
8. Articles of Iron & Steel – US$85.4 billion (2.8% of total exports)
9. Clothing & Accessories – US$78.2 billion (2.6% of total exports)
10. Organic Chemicals – US$73.0 billion (2.4% of total exports)
Source: World’s Top Exports
So how can we help with your exports to China?
The importing and exporting of goods to and from China can be a complicated process, and that’s where we come in! Here at AGI, we specialise in the safe transport of cargo to and from China, and all across the world, providing you with professional road freight, sea freight, and air freight solutions. If you are looking to import or export to China, please get in touch. We look forward to hearing from you.