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Statistical Communique on China's 2014 National Economic and Social Development

Updated: 2015-02-26 14:04
(National Bureau of Statistics of China)

VI. Foreign Economic Relations[17]

The total value of imports and exports of goods in 2014 reached 26,433.4 billion yuan, up by 2.3 percent over the previous year. Of this total, the value of goods exported was 14,391.2 billion yuan, increased by 4.9 percent, and the value of goods imported was 12,042.3 billion yuan, down by 0.6 percent. The balance of imports and exports (exports minus imports) was 2,348.9 billion yuan, an increase of 739.5 billion yuan over the previous year.

Statistical Communique on China's 2014 National Economic and Social Development
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Table 7: Total Value of Import and Export of Goods and the Growth Rates

in 2014

Item

Value

(100 million yuan)

Increase over 2013 (%)

Total import and export of goods

264334

2.3

Exports

143912

4.9

Of which: General trade

73944

9.6

Processing trade

54320

1.8

Of which: Mechanical and electronic products

80527

2.6

High & new technology products

40570

-1.0

Imports

120423

-0.6

Of which: General trade

68162

-1.0

Processing trade

32211

4.5

Of which: Mechanical and electronic products

52509

0.7

High & new technology products

33876

-2.2

Trade surplus (exports minus imports)

23489

Table 8: Main Export Commodities in Volume and Value and the Growth Rates in 2014

Item

Unit

Volume

Increase over 2013 (%)

Value

(100 million USD)

Increase over 2013 (%)

Coal (including lignite)

10000 tons

574

-23.5

43

-35.5

Rolled steel

10000 tons

9378

50.5

4350

31.6

Textile yarns and textile articles

----

6888

3.8

Clothes and clothing accessories

----

11445

4.2

Footwear

----

3455

9.7

Furniture and parts

----

3195

-0.7

Automatic data processing machines and components

10000 sets

191836

2.6

11159

-1.3

Handheld mobiles and car telephones

10000 sets

131199

10.6

7085

20.2

Containers

10000 units

302

12.1

553

13.0

Liquid crystal display panels

10000 units

245080

-25.0

1952

-12.4

Motor vehicles

10000 sets

90

-2.8

770

3.5

Table 9: Main Import Commodities in Volume and Value and the Growth Rates in 2014

Item

Volume

(10000 tons)

Increase over 2013 (%)

Value

(100 million yuan)

Increase over 2013 (%)

Cereals and cereal flour

1951

33.8

382

20.7

Soybean

7140

12.7

2474

5.0

Edible vegetable oil

650

-19.7

364

-27.3

Iron ore and concentrate

93251

13.8

5748

-12.8

Aluminum oxide

528

37.7

118

35.5

Coal (including lignite)

29122

-10.9

1366

-24.4

Crude oil

30838

9.5

14017

2.8

Petroleum products refined

3000

-24.2

1439

-27.7

Plastics in primary forms

2535

3.0

3167

4.0

Paper pulp

1796

6.6

741

4.9

Rolled steel

1443

2.5

1101

4.0

Copper and copper alloys

483

7.4

2188

0.8

Table 10: Imports and Exports by Major Countries and Regions and the Growth Rates in 2014

Country or region

Exports

(100 million yuan)

Increase over 2013 (%)

Imports

(100 million yuan)

Increase over 2013 (%)

European Union

22787

8.3

15031

9.7

United States

24328

6.4

9764

3.1

ASEAN

16712

10.3

12794

3.3

Hong Kong, China

22307

-6.6

792

-21.5

Japan

9187

-1.4

10027

-0.5

Republic of Korea

6162

8.9

11677

2.8

Taiwan, China

2843

12.7

9337

-3.9

Russia

3297

7.2

2555

3.7

India

3331

10.7

1005

-4.6

The total value of imports and exports of services[18] in 2014 was 604.3 billion US dollars, up by 12.6 percent. The export value of services was 222.2 billion US dollars, up by 7.6 percent. The import value of services was 382.1 billion US dollars, up by 15.8 percent. The deficit of exports minus imports of services was 159.9 billion US dollars.

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