Import and export 2017

The total value of imports and exports of goods in 2017 reached 27.79 trillion yuan($4.12 trillion), up by 14.2 percent from the previous year. Of this total, the value of goods exported was 15.33 trillion yuan, up by 10.8 percent; the value of goods imported was 12.46 trillion yuan, up by 18.7 percent. The balance of imports and exports (exports minus imports) was 2.87 trillion yuan, a drop of 473.4 billion yuan from the previous year.

The total value of goods imported from and exported to countries along the Belt and Road was 7.37 trillion yuan, an increase of 17.8 percent over the previous year. Of the total, the value of goods exported was 4.30 trillion yuan, an increase of 12.1 percent; that of the import was 3.07 trillion yuan, an increase of 26.8 percent.

The total value of imports and exports of services in 2017 was 4.70 trillion yuan, up by 6.8 percent. The export value of services was 1.54 trillion yuan, up by 10.6 percent. The import value of services was 3.16 trillion yuan, up by 5.1 percent. The deficit of exports minus imports of services was 1.62 trillion yuan.

In 2017, imports and exports of foreign-invested enterprises totaled US$ 1.84 trillion, up by 9.02 percent year-on-year, 2.33 percent lower than the growth rate of the country in the same period, accounting for 44.81 percent of the national total.

Exports of foreign-invested enterprises totaled US$ 977.6 billion, up by 6.63 percent year on year, 1.27 percent lower than the growth rate of the country in the same period. Import of foreign-invested enterprises recorded US$ 861.6 billion, up by 11.85 percent year on year, 4.05 percent lower than the growth rate of the country in the same period.