Trade in goods and servicesExports / Imports, % of GDP, 2016 2016Source: OECD National Accounts Statistics: National Accounts at a Glance. Show: Chart; Map 14 Feb 2020 China is now the EU's second-biggest trading partner behind the 10% of total trade in goods, and the EU's exports of services make up 19% China services export is 233,566,796,560 in BoP, current US$ and services import is 525,815,850,390 in Bop, current US$.China exports of goods and services The value of international trade in goods significantly exceeds that of services The three largest global players for international trade: EU, China and the USA.
2020 : U.S. trade in goods with China . NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding. Table reflects only those months for which there was trade. China is currently our largest goods trading partner with $659.8 billion in total (two way) goods trade during 2018. Goods exports totaled $120.3 billion; goods imports totaled $539.5 billion. The U.S. goods trade deficit with China was $419.2 billion in 2018. Trade in services with China (exports and imports) Exports of goods and services (% of GDP) - China from The World Bank: Data. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out . Data. Exports of goods and services (current US$) Exports of goods and services (current LCU) Exports as a capacity to import (constant LCU)
Net trade in goods and services (BoP, current US$) - China International Monetary Fund, Balance of Payments Statistics Yearbook and data files. License : CC BY-4.0 Trade in services is a key aspect of the U.S.-China economic relationship, and one with multiple benefits for the United States. Services encompass such wide-ranging activities as travel and tourism, banking, insurance, entertainment, law, software, and telecommunications. Exports of goods and services (% of GDP) - China from The World Bank: Data. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out . Data. Exports of goods and services (current US$) Exports of goods and services (current LCU) Exports as a capacity to import (constant LCU)
The ratio of trade in goods and services relative to GDP fell in several of the world’s leading economies between 2008 and 2018 and this was particularly the case in Singapore, South Korea, China (where the domestic economy grew at a faster pace than the value of international trade, even though China captured a growing share of world trade), South Africa and India. In an effort to manage the large U.S. trade deficit with China, President Donald Trump began imposing import tariffs on Chinese imports in 2018. Low-priced consumer goods produced in China has been dominating American importation over the years.
Since 2009, the value of exports exceeds imports for Singapore's merchandise trade with China. In comparison, the value of imports exceeds exports for China: Exports of goods and services as percent of GDP: For that indicator, The World Bank provides They are considered more open to international trade. China's share of German imports also increased sig- cits in the trade of goods were with China (€13.0 international trade in services (exports plus imports). 5 Mar 2020 In trend terms, the balance on goods and services was a surplus of $4,984m in January 2020, a decrease of $83m on the surplus in December 14 Dec 2019 As part of the deal, the U.S. canceled plans to impose fresh tariffs on $156 billion in annual imports of Chinese-made goods—including 14 Jan 2020 Data from China's General Administration of Customs released on billion in additional US goods and services in phase one trade deal. China's goods, services trade income totals 1.65 trln yuan in China issues guideline to improve financial services for foreign trade2019-12-26 19:58:28