Merchandise imports by the reporting economy in China

China: Merchandise imports by the reporting economy was 2.46 trillion current US$ in 2023. ◆ Volatile

Latest (2023)
2.46 trillion current US$
Change on year
down 5.2%
World rank
2nd
of 204 countries
All-time high
2.59 trillion current US$
in 2022
All-time low
657.90 million current US$
in 1961
Years of data
47
1961–2023

Merchandise imports by the reporting economy in China, 1961–2023

01.0T2.0T3.0T196119922023

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

China recorded 2.46 trillion current US$ for merchandise imports by the reporting economy in 2023.

The figure is down 5.2% on the previous year and up 38.7% over ten years.

Over the whole period, merchandise imports by the reporting economy in China peaked at 2.59 trillion current US$ in 2022 and was at its lowest, 657.90 million current US$, in 1961.

China ranks 2nd of 204 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 657.90 million current US$ 657.90 million current US$ 657.90 million current US$ 1
1970s 11.84 billion current US$ 9.52 billion current US$ 14.16 billion current US$ 2
1980s 32.36 billion current US$ 17.73 billion current US$ 53.11 billion current US$ 10
1990s 110.73 billion current US$ 50.38 billion current US$ 161.57 billion current US$ 10
2000s 579.33 billion current US$ 217.55 billion current US$ 1.04 trillion current US$ 10
2010s 1.66 trillion current US$ 1.27 trillion current US$ 1.99 trillion current US$ 10
2020s 2.37 trillion current US$ 1.93 trillion current US$ 2.59 trillion current US$ 4

Countries ranked near China

  1. 1 United States 3.08 trillion current US$ compare
  2. 3 Germany 1.47 trillion current US$ compare
  3. 4 Netherlands 838.01 billion current US$ compare
  4. 5 Japan 785.51 billion current US$ compare

See the full ranking of 252 places →

More private sector data for China

All data for China →

Frequently asked questions

What is merchandise imports by the reporting economy in China?
Merchandise imports by the reporting economy in China was 2.46 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports by the reporting economy recorded in China?
The highest recorded value was 2.59 trillion current US$ in 2022.
What is the lowest merchandise imports by the reporting economy recorded in China?
The lowest recorded value was 657.90 million current US$ in 1961.
How does China rank for merchandise imports by the reporting economy?
China ranks 2nd out of 204 countries with data for 2023.
Is merchandise imports by the reporting economy rising or falling in China?
Over the last ten years it is up 38.7%. The long-run trend across the full record is volatile.
Where does this China data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,499 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.