China's huge export industry just suffered its worst month in two years but still managed to rack up a record trade surplus with the United States in 2018 despite new tariffs. Chinaâs export machine has flourished during the Covid-19 crisis, with growth over recent months supported by international appetite for its medical equipment and electronics products. The VAT rates were originally 11 percent or 17 percent but were decreased to 10 percent or 16 percent in May 2018, the⦠China Customs publish a book of export rebate rate for all the products, there is an English version as well. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Please contact us to get started with full access to dossiers, forecasts, studies and international data. China's exports unexpectedly returned to growth in July on improved global demand despite escalating U.S. trade pressure, but the rebound may be ⦠Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. As soon as this statistic is updated, you will immediately be notified via e-mail. ", China Customs, Value of monthly exports from China from November 2017 to November 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/271616/monthly-value-of-exports-from-china/ (last visited December 24, 2020), Value of monthly exports from China from November 2017 to November 2020, Value of the leading merchandise exporters worldwide 2019, by exporting nation, Share of China's exports in global exports 2019, Annual change of exported goods from China 2009-2019, Value of exports from China by month 2017-2020, Export of goods from China 2019, by region, Commercial service export breakdown by category in China 2019, Main export partners of China 2019, based on export value, Trade balance of the European Union with China 2009-2019, Value of EU imports from China 2019, by commodity, U.S. import growth of trade goods from China 2009-2019, Export value of primary and manufactured goods from China 2019, Export value of primary goods from China 2019, by product category, Export value of manufactured goods from China in 2019, by product category, Export value of crude oil from China 2019, Number of vehicles exported from China 2009-2019, by type, Export value of rice from China 2009-2019, Export value of cotton from China 2009-2019, Change in monthly exports in China 2017-2020, Value of basic metal and its products exported from Taiwan 2011-2019, Value of animal and vegetable oils and fat exports from Taiwan 2011-2019, Distribution export food and drinks industry in the Netherlands 2018, by subsector, Value of jewelry and precious metals exported from Taiwan 2011-2019, Top 5 footwear export partners Luxembourg 2019, by export volume, Leading footwear export partners the Netherlands 2019, by export volume, Value of shoes, hats and other and accessories exported from Taiwan 2011-2019, Leading footwear export partners Belgium 2019, by export volume, Footwear exports from Belgium in 2019, by type, Footwear exports from Sweden 2019, by type, Value of nonmetallic mineral products exported from Taiwan 2011-2019, Merchandise trade export value from Canada to China 2013-2019, Costa Rica: rubber sector exports value 2013-2017, Austria: export value of artificial parts of the body 2012 to 2019, Value of exports from Indonesia to South Korea 2013-2019, Import value of equipment for photographic laboratories in the UK 2011-2017, United States: export value of chemicals and products from the UK 2012-2018, Automotive Industry in China: Imports and Exports, Value of monthly exports from China from November 2017 to November 2020 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, China’s total gross domestic product (GDP). For small entrepreneurs, the VAT Following the 2012-16 VAT reforms, there are only four VAT rates in China, plus nil rating. Directly accessible data for 170 industries from 50 countries Then you can access your favorite statistics via the star in the header. As a Premium user you get access to the detailed source references and background information about this statistic. This partnership can be seen in the top five export products as well. This statistic is not included in your account. Between July 2019 and July 2020 the exports of China have increased by $38.4B (22.3%) from $172B to $211B, while imports increased by $17.4B (11.2%) from $156B to $173B. Are you interested in testing our corporate solutions? A paid subscription is required for full access. Xian Zude, Deputy Commissioner of the National Bureau of Accessed December 24, 2020. https://www.statista.com/statistics/271616/monthly-value-of-exports-from-china/, China Customs. You only have access to basic statistics. Value of monthly exports from China from November 2017 to November 2020 (in billion U.S. dollars) [Graph]. Learn more about how Statista can support your business. In yuan terms, Chinaâs exports expanded by 5 per cent in 2019, while imports expanded 1.6 per cent. Many shipping firms cut back their operations earlier this year due to the coronavirus, but are now struggling to meet demand as Chinese exporters to ⦠New, Figures and insights about the advertising and media world, Industry Outlook Merchandise Trade summary statistics data for China (CHN) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from Chinese New Year falls between January 21 and February 21. and Representative of World Food Program China Office Mr. Qu Sixi in China On the afternoon of July 9ï¼Mr. If youâre VAT registered you can zero-rate the VAT on most goods you export to China. The following tables are based on 2016 data as shown on the CIA World Factbook. In China, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. The ideal entry-level account for individual users. The nine percent tax is available for certain goods that fall mainly within the categories of agricultural and utility items, while the 13 percent tax applies to other goods subject to the VAT. In, China Customs. This page provides - China Exports - actual values, historical data, forecast, chart, ⦠Download historical data for 20 million indicators using your browser. This feature is limited to our corporate solutions. China Export Data China export data and statistics reveal that the Chinese exports totalled USD 2.4 billion in 2019, a modest 0.2 increase from 2018. Exports Region ⦠Chinaâs top three export partners are the United States ($432 billion, or 18%), Hong Kong ($258 billion, or 11%), and Japan ($166 billion, or 7%). GDP of China is 13,608,151,865,000 in current US$. China is the over ruling trading partner of many countries. The standard rate of VAT is 13%. Direct access to our calendar releases and historical data. and over 1 Mio. China's economy is picking up steam as the country continues to dig its way out of the turmoil caused by the coronavirus pandemic. Publish your articles and forecasts in our website. Dollars). Chinaâs politically-sensitive surplus with the U.S. was $34.13 billion in September, surpassing the record of $31.05 billion in August. In November 2020, Chinese exports amounted to around 268.1 billion U.S. dollars. Gen (General Tariff Rate) 30 MFN (Most-favored Nation) 0 TaxVAT (Value-added Tax): 13 Additional Tariff on U.S. Imports 25 Export Tax Rebate 13 Regulations & Restrictions AM Inspection & Quarantine LM Consumption Tax 0 As a Premium user you get access to background information and details about the release of this statistic. Then you will be able to mark statistics as favourites and use personal statistics alerts. Profit from additional features by authenticating your Admin account. Tides have important impacts on shelf hydrodynamics but ⦠Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Chart. Export Prices in China decreased to 96.20 points in September from 101.30 points in August of 2020. source: General Administration of Customs. Please create an employee account to be able to mark statistics as favorites. In 2019, China exported approximately 2.5 trillion U.S. dollars worth of goods. The ExportâImport Bank of China (Chexim - China Exim Bank) (simplified Chinese: ä¸å½è¿åºå£é¶è¡; traditional Chinese: ä¸åé²åºå£éè¡; pinyin: ZhÅngguó JìnchÅ«kÇu Yínháng) is one of three institutional banks in China chartered to implement the state policies ⦠The results implied that a 1% drop in income in importing countries would reduce China's exports of yarns, fabrics, and carpets by almost 2%, China's exports of leather and furniture by 2.5%, and China's exports of clothing and knitwear by more than 4%. New rebate rates According to the State Councilâs announcement , export tax rebates will be increased to 16 percent for goods that currently enjoy a 15 percent rate, as well as for certain ones that currently hold a 13 percent rate. You need at least a Single Account to use this feature. ZHONGSHAN, China â This was supposed to be the year that Chinaâs export machine began to stall.President Trump had imposed broad tariffs on ⦠It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. FDI Into China Rises 6.3% in Jan-November, China Could Make Targeted Policy Adjustment, China Industrial Output Rises the Most in 20 Months, China Fixed Asset Investment Growth Matches Estimates, China New Home Price Growth at Near 5-Year Low, Spanish Stocks Higher Ahead of Christmas Break, British Stocks Gain as EU and UK Reach Deal, European Futures Higher as EU and UK Reach Deal. Export and Import Rates for Payers in China Abstract Water export rate of shelf seas is a pivotal factor impacting the global carbon cycle. The VAT export refund policy evolves very fast in China in line with the PRC economy. The scope and tax rate of the levied Please authenticate by going to "My account" → "Administration". (December 7, 2020). Exports in China averaged 689.96 USD HML from 1981 until 2020, reaching an all time high of 2680.74 USD HML in November of 2020 and a record low of 12.50 USD HML in February of 1983. dollars)." To get a quote for a specific shipment, please use our Rate Tool. The Trading Economics Application Programming Interface (API) provides direct access to our data. Export Prices are heavily affected by exchange rates. facts. To get your account-based rates, please use FedEx Rate Sheet . Total Starbucks locations globally 2003-2019, Market share of leading carbonated beverage companies worldwide, Revenue and financial key figures of Coca-Cola 2009-2019, Profit from additional features with an Employee Account. Share of main export partners of China 2019, Merchandise trade balance of China 2009-2019, Share of China's exports in GDP 2009-2019, Total value of U.S. trade in goods with China 2009-2019. Please do not hesitate to contact me. âLooking ahead, Chinaâs export growth will likely slow more as the global economy has yet to bottom,â they wrote in a note. "Value of monthly exports from China from November 2017 to November 2020 (in billion U.S. That is the most authentic source to check export rate, as all ⦠Mr. Xian Zude Meets with the UN Resident Coordinator a.i. Chinaâs exports to the U.S. declined 6.5% year-on-year to $38.9 billion in July, customs data (link in Chinese) show. In the past ten years, we have seen a constant decrease in the VAT refund rate of products like consumed precious resources, pollutants, etc. New, Everything you need to know about the industry development, Find studies from all around the internet. China VAT Rates 2017 In 2017, China went through its tax reforms which resulted to the China VAT refund rate being changed from four tiers to three tiers. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. *From 2020, the source started grouping figures for January and February together to curb the influence of the Chinese New Year on the statistic. 1993-2020 Data | 2021-2022 Forecast | Historical | Chart | News. You need a Single Account for unlimited access.