Country import demand

China
import demand

A reported view of China's import scale, sector demand, supplier breadth, economy, and trade history.

CHN1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$2.3T2024 reported
Import growth-0.3%Year on year
Population1.4BReported population
GDP per capita$13.3KCurrent-dollar GDP
Trade openness34.6%Exports + imports / GDP

The country import read

What does China import?

In 2024, China recorded $2.3T in reported imports. Imports changed -0.3% year on year and -1.3% annualized over three years. Electrical machinery was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$1.8T
2014
$1.8T
2015
$1.5T
2016
$1.4T
2017
$1.7T
2018
$1.9T
2019
$1.9T
2020
$1.9T
2021
$2.4T
2022
$2.4T
2023
$2.3T
2024
$2.3T

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$18.7T2024 macro context
GDP growth5.2%Five-year CAGR
Population growth0%Five-year CAGR
Investment rate44.5%National rate
Savings rate45.8%National rate
Trade openness34.6%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for China
RankSectorImportsShareImport partnersActive HS6
1Electrical machineryHS2 85$522.7B22.5%192262
2MachineryHS2 84$204.8B8.8%178515
3VehiclesHS2 87$55.4B2.4%14787
4PlasticsHS2 39$57.5B2.5%171129
5Furniture and lightingHS2 94$2.0B0.1%13342
6Articles of iron or steelHS2 73$8.5B0.4%167124
7Organic chemicalsHS2 29$44.2B1.9%117384
8Toys and sports equipmentHS2 95$2.1B0.1%12031
9Knitted clothingHS2 61$3.5B0.2%154106
10Optical and medical instrumentsHS2 90$67.8B2.9%162142

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration370.3Partner HHI
Top 3 partner share22.3%Reported concentration
FTA partner markets27Reported count
Average distance9,547 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3CHN
Exports Usd$3.5T
Imports Usd$2.3T
Trade Balance Usd$1.2T
Yoy Exports Growth Pct6%
Yoy Imports Growth Pct-0.3%
Exports Cagr 3y Pct2.8%
Imports Cagr 3y Pct-1.3%
Export Partner Hhi370.3
Export Product Hhi74.2
Momentum Score5
Risk Score2.2
Gdp Million Usd18,743,803.2 million USD
Gdp Per Capita Usd$13.3K
Population1,408,975,000
Labor Force787,768.5
Investment Rate Pct44.5%
Savings Rate Pct45.8%
Secondary Education Pct84.8%
Tertiary Education Pct7.9%
Total Factor Productivity753
Trade Openness Pct34.6%
Exports Gdp Pct20.8%
Num Active Partners270
Num Fta Partners27
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners18%
Num Shared Language Partners6%
Avg Partner Distance Km9,547 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta10
Pct Partners Shared Language2.2%
Pct Partners Shared Border6.7%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km9,200 km
Num Border Partners405
Num Colonial Partners20
Avg Substitution Elasticity-10.9
Pct Products High Elasticity76
Pct Products Low Elasticity2.7
Real Market Potential469,092.8
Foreign Market Potential10,340.4

Supplier context

Country Iso3CHN
All History Lane Count106,412
Current Lane Count103,145
Critical Lane Count4,324
High Attention Lane Count50,639
High Volatility Lane Count56,763
Unrecovered Drawdown Lane Count31,574
Declining Demand Lane Count536
Concentrated Market Lane Count56,756
Access Friction Lane Count42,921
Buyer Macro Weakness Lane Count7,384
Monitored Exports Current Usd$3.3T
Attention Exports Usd$2.5T
Critical Exports Usd$230.8B
High Volatility Exports Usd$1.7T
Unrecovered Drawdown Exports Usd$405.0B
Non Fta Exports Usd$2.3T
Monitored Attention Share Pct75.6%
Monitored Critical Share Pct7%
Fta Covered Exports Share Pct29.1%
Export Weighted Volatility Cv1.1
Export Weighted Below Peak Pct19.7%
Export Weighted Distance Km6,780 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$3.5T
Total Imports Latest Usd$2.3T
Trade Balance Latest Usd$1.2T
Exports Yoy Latest Pct6%
Exports Cagr 3y Latest Pct2.8%
Gdp Latest Million Usd18,743,803.2 million USD
Gdp Per Capita Latest Usd$13.3K
Population Latest1,408,975,000
Investment Rate Latest Pct44.5%
Savings Rate Latest Pct45.8%
Trade Openness Latest Pct34.6%
Exports Gdp Latest Pct20.8%
Active Partners Latest270
Fta Partners Latest27
Foreign Market Potential Latest10,340.4
Gdp 5y Cagr Pct5.2%
Gdp Per Capita 5y Cagr Pct5.2%
Population 5y Cagr Pct0%
Partner Hhi Latest370.3
Partner Top1 Share Latest Pct12.9%
Partner Top3 Share Latest Pct22.3%
Partner Hhi All Avg778.3
Partner Hhi All Max1,343.7
Product Hhi Latest74.2
Product Top1 Share Latest Pct5.8%
Product Top3 Share Latest Pct10.7%
Product Hhi All Avg68.2
Product Hhi All Max90.2
Total Exports Attention Share Pct71.4%
Total Exports Critical Share Pct6.6%
Attention LevelHigh attention
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$130.6B$178.6B$48.0B+0%
1996$137.7B$190.3B$52.6B+5.4%
1997$142.9B$219.7B$76.7B+3.8%
1998$137.0B$222.3B$85.3B-4.1%
1999$154.8B$246.6B$91.8B+13%
2000$207.5B$312.4B$104.9B+34.1%
2001$221.8B$327.5B$105.7B+6.9%
2002$269.8B$394.6B$124.8B+21.6%
2003$376.3B$510.2B$133.9B+39.5%
2004$501.3B$680.8B$179.5B+33.2%
2005$590.7B$860.4B$269.7B+17.8%
2006$712.6B$1.1T$356.8B+20.6%
2007$856.6B$1.3T$461.5B+20.2%
2008$1.0T$1.5T$521.8B+17.9%
2009$917.2B$1.3T$381.4B-9.2%
2010$1.3T$1.7T$410.2B+38.2%
2011$1.6T$2.0T$381.8B+25.2%
2012$1.7T$2.1T$443.5B+4.2%
2013$1.8T$2.2T$435.7B+6.9%
2014$1.8T$2.4T$590.1B-0.4%
2015$1.5T$2.3T$792.9B-14.8%
2016$1.4T$2.2T$718.2B-3.5%
2017$1.7T$2.4T$657.8B+17%
2018$1.9T$2.6T$618.5B+14.5%
2019$1.9T$2.5T$635.1B-2.6%
2020$1.9T$2.6T$675.0B-0.5%
2021$2.4T$3.2T$819.8B+28.6%
2022$2.4T$3.5T$1.1T+1.3%
2023$2.3T$3.3T$981.6B-4.8%
2024$2.3T$3.5T$1.2T-0.3%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
185Electrical machinery$522.7B22.5%192262
284Machinery$204.8B8.8%178515
387Vehicles$55.4B2.4%14787
439Plastics$57.5B2.5%171129
594Furniture and lighting$2.0B0.1%13342
673Articles of iron or steel$8.5B0.4%167124
729Organic chemicals$44.2B1.9%117384
895Toys and sports equipment$2.1B0.1%12031
961Knitted clothing$3.5B0.2%154106
1090Optical and medical instruments$67.8B2.9%162142

Questions about this profile

China import demand, in context

Short answers for import and supplier research.

What does the China import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for China.

What is the latest reported import value for China?

China recorded $2.3T in reported imports in 2024.

Which sectors lead China's imports?

Electrical machinery leads by reported import value at $522.7B.

How many years of China import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.