Chinese Trade Balance 2016 !st half (million$ ,%)

In the 1st half, China decreased export -8.2%. But also decreasd import -10.1%. As the result, trade balance of China kept 257,089 million $.

To USA, export -10.3%, Import -14.1, Trade balance +110,389 mil$. To Germany, export -5.3%, import -5.6%, To UK(Britain) expport -5.3%, import -7.7%. UK has very little item to export to China. UK cannot improve trade balance to China. Miserable balance.

To Japan, export -6.3%, import -4.3%. To South Korae, export -9.4%, import -10.1%. To Taiwan export -11.8%, import -11.0%

Chinese Trade Balance 2016 !st half (million$ ,%)

2015 2015/1H 2016/1H 16H/15H
USA EXP 409,538 193,267 173,318 -10.3
IMP 148,737 73,292 62,928 -14.1
B/L 260,802 119,975 110,389
Germany EXP 69,161 32,939 31,184 -5.3
IMP 87,623 43,835 41,390 -5.6
B/L -18,462 -10,896 -10,206
UK EXP 59,582 26,977 25,545 -5.3
IMP 18,937 9,768 9,014 -7.7
B/L 40,645 17,209 16,531
France EXP 26,753 12,987 12,055 -7.2
IMP 24,657 11,482 11,107 -3.3
B/L 2,096 1,505 948 -37.0
Belgium EXP 16,213 7,607 7,190 -5.5
IMP 7,006 4,445 3,503 -21.2
B/L 9,207 3,161 3,687
Netherland EXP 59,463 27,732 25,581 -7.8
IMP 8,792 4,209 4,925 17.0
B/L 50,671 23,522 20,656
Italy EXP 27,837 12,667 13,269 4.8
IMP 16,855 8,213 7,737 -5.8
B/L 10,982 4,454 5,532
Spain EXP 21,860 10,440 10,378 -0.6
IMP 5,600 2,708 2,937 8.5
B/L 16,260 7,732 7,441
Portugal EXP 2,897 1,552 2,048 32.0
IMP 1,465 205 123 -40.0
B/L 1,432 1,347 1,925
EU EXP 355,876 168,027 160,156 -4.7
IMP 208,879 103706 100039 -3.5
B/L 146,997 64,321 60,117
Japan EXP 135,671 65,843 61,666 -6.3
IMP 142,987 69,710 66,745 -4.3
B/L -7,316 -3,867 -5,079
S.Korea EXP 101,296 49,109 44,503 -9.4
IMP 174,518 82,851 74,424 -10.2
B/L -73,222 -33,742 -29,921
Taiwan EXP 44,899 21,752 19,182 -11.8
IMP 143,307 69,056 61,489 -11.0
B/L -98,408 -47,304 -42,307
India EXP 58,240 27,291 27,724 1.6
IMP 13,383 6,898 5,777 -16.2
B/L 44,857 20,393 21,947 7.6
Australlia EXP 40,322 18,448 17,004 -7.8
IMP 73,643 36,525 30,590 -16.2
B/L -33,320 -18,077 -13,586
Saudi EXP 21,623 11,361 10,197 -10.2
Arabia IMP 30,035 11,920 10,908 -8.5
B/L -8,412 -559 -711
G/Total EXP 2,274,950 1,071,871 984,229 -8.2
IMP 1,681,951 808,623 727,140 -10.1
B/L 592,999 263,248 257,089 -2.3


USA census base(Mil$,
%)

   2015 2015/1H  2016/1H  16/15 
 Import  483,245  224,945  212,246  -5.6
 Export  116,072  55,814  51,221  -8.2






China Trade with ASEAN (mil4, %)

China export to ASEAN -8.7%, import -3.8%. To Thailand, export increase +2.8%, decrease import -6.4%. To Malaysia export -22.8%, import 15.3%, To Indonesia, export%, import +0.6%, trade balance +5,845 mil $. To Philippines, export +20.7%, impor 14.6%, trade balance +6,847 mil$. Philippines is increaing import in spite of sea conflict against China. To Vietnam, export -9.4%, import +46.2%, trade balance is 12,536 mil$. Vietnam is incresing export to Chinam by manufacturing goods, but trade deficit is the biggest in ASEAN. Recently foreign manufacturing companies are investing rapidly but not enough.

China does not increase natural resources (rubber, palm oil, minerals) but China is trying increase export to ASEAN. Some ASEAN countries are increasing import-substituting industries. But their trade deficit against China is very big. ASEAN total 36,819 mil$ fot the 1st half of 2016.

2015 2015/1H 2016/1H 16H/15H
Export 38,293 17877 18370 2.8
Thailand Import 37,170 17315 16200 -6.4
Balance 1,124 562 2170
Export 43,990 22857 17644 -22.8
Malaysia Import 53,300 26032 22042 -15.3
Balance -9,310 -3175 -4397
Export 34,342 17776 15237 -14.3
Indonesia Import 19,888 9333 9392 0.6
Balance 14,454 8443 5845
Export 26,673 12066 14560 20.7
Philippine Import 18,976 9026 7712 -14.6
Balance 7,697 3039 6847
Export 66,124 31403 28460 -9.4
Vietnam Import 29,842 10889 15923 46.2
Balance 36,282 20514 12536 9
Export 52,008 24829 21724 -12.5
Singapore Import 27,556 14141 11770 -16.8
Balance 24,452 10688 9953
Export 9,655 4701 4201 -10.6
Myanmar Import 5,625 1899 1879 -1.0
Balance 4,030 2802 2322
Export 3,765 1826 1957 7.2
Cambodia Import 667 303 386 27.6
Balance 3,098 1523 1571
Export 1,227 574 490 -14.7
Laos Import 1,554 640 703 9.9
Balance -327 -66 -214
Export 1,409 752 333 -55.7
Brunei Import 97 14 147 985.0
Balance 1,312 738 186
Export 277,487 134660 122974 -8.7
ASEAN Import 194,675 89591 86154 -3.8
Balance 82,812 45069 36819





China Trade with Europe 2016, 1half


1. UK
China export to UK, 25,545 mil$ (-5.3%), and import from UK only 9,014 mil$(-7.7%). Trade balance is 16,531 mil$ in favor of China. However China is threatening UK, if UK cancel the nuclear electric genrator plant, China will reconsider trade relation with UK
.

UK has become extremely weak country. If UK will change the trade policy with China, China will lose big business partner.



Table, China Export to UK (Fob, mil $, %)

2014 15/1H 2015 16/1H 2014 15/1H 2015 16/1H
I Live animals, fish, dairy 381 163 352 175 7.3 -9.4 -7.8 7.3
II Vegetable products 230 109 218 101 1.9 -8.4 -5.3 -7.8
III Animal, vegetable oil 24 16 33 9 -11.4 23.2 37.8
IV Beverages, tabacco 422 181 411 179 0.3 -2.7 -2.7 -1.2
V Mineral, ores, oils 207 68 143 59 -15.7 -30.7 -30.8 -12.7
VI Chemicals, fertilizers 1,900 884 1,929 855 6.7 -3.1 1.5 -3.3
VII Plastics, rubber 2,520 1,234 2,518 1,208 3.5 1.5 -0.1 -2.2
VIII Leather, skin 1,193 636 1,340 604 -2.2 14.8 12.3 -5.0
IX Wood,cork, charcoal 826 447 873 402 13.6 17.0 5.7 -10.1
X Pulp, paper 913 446 1,064 387 6.0 20.9 16.5 -13.2
XI Textile, clothing, silk 11,185 5,176 12,065 5,212 24.1 12.5 7.9 0.7
XII Footware, umbrellas 2,956 1,541 3,330 1,490 20.8 18.1 12.6 -3.3
XIII Stone, glass, ceramic 1,007 567 1,312 511 -0.9 36.6 30.3 -10.0
XIV Jewerry, pearl 154 68 188 87 12.4 15.4 22.0 26.9
XV Base metals 3,854 1,878 3,801 1,576 28.0 1.0 -1.4 -16.1
72 Iron & Steel 505 190 336 86 151.1 -26.7 -33.4 -54.6
XVI Machinery, Electronics 19,371 8,663 18,851 8,249 9.6 2.8 -2.7 -4.8
84 Machinery & parts 9,388 4,004 8,383 3,670 11.0 -0.9 -10.7 -8.3
85 Electrical machinery, parts 9,983 4,659 10,468 4,579 7.2 7.2 4.9 -1.7
XVII Vehicles, airpcraft,vessels 2,208 1,053 2,402 819 -5.6 -15.5 8.8 -22.2
XVIII Optical, clocks, musical insr 1,128 542 1,110 572 14.8 1.1 -1.6 5.7
XIX Arms, amunition 2 1 3 2 -2.3 34.8 29.4
XX Miscellaneous 6,631 3,294 7,614 3,015 10.4 15.5 14.8 -8.5
XXI Works of art, antiques 26 8 24 8 28.8 -55.9 -6.3
XXII Commodities not classified 4 0 0 27 10.6 -95.1 -95.2
Total 57,143 26,977 59,582 25,545 12.2 6.4 4.3 -5.3




TABLE". China import from UK (Cif, Mil $, %)

2014 15/1H 2015 16/1H 2014 15/1H 2015 16/1H
I Live animals, fish, dairy 202 81 172 94 68.2 -20.3 -14.8 15.2
II Vegetable products 13 6 15 7 -4.0 5.8 10.1 15.7
III Animal, vegetable oil 15 5 8 1 -46.2
IV Beverages, tabacco 193 106 236 120 10.2 28.0 22.1 12.7
V Mineral, ores, oils 1,138 172 928 584 366.6 -73.9 -18.5 240.1
VI Chemicals, fertilizers 2,078 1,060 2,213 1,009 9.9 7.3 6.5 -4.9
VII Plastics, rubber 743 337 687 295 14.4 -2.1 -7.6 -12.6
VIII Leather, skin 180 105 179 54 -12.1 10.0 -0.7 -49.2
IX Wood,cork, charcoal 10 4 6 2 -32.1 -36.4 -39.1 -44.7
X Pulp, paper 872 399 859 393 3.2 -6.9 -1.5 -1.4
XI Textile, clothing, silk 332 140 314 136 9.1 -13.6 -5.6 -2.2
XII Footware, umbrellas 9 3 7 4 42.1 -8.9 -18.6 17.0
XIII Stone, glass, ceramic 74 36 74 39 21.2 -3.8 -0.1 7.2
XIV Jewerry, pearl 342 166 283 95 -5.6 -9.8 -17.3 -42.9
XV Base metals 1,357 588 1,100 440 -9.7 -15.0 -19.0 -25.0
72 Iron & Steel 100 41 72 22 10.3 -14.7 -28.0 -46.9
XVI Machinery, Electronics 3,591 1,678 3,370 1,535 -3.1 -4.4 -6.2 -8.5
84 Machinery & parts 2,583 1,185 2,167 1,048 -3.8 -6.8 -16.1 -11.5
85 Electrical machinery, parts 1,008 493 1,203 487 -1.4 1.9 19.3 -1.2
XVII Vehicles, airpcraft,vessels 10,919 4,170 7,080 3,531 43.4 -24.0 -35.2 -15.3
XVIII Optical, clocks, musical insr 1,366 630 1,263 609 18.7 -4.0 -7.6 -3.4
XIX Arms, amunition 0 0 0 0 -60.6
XX Miscellaneous 91 69 115 57 2.5 48.5 26.6 -17.8
XXI Works of art, antiques 18 12 29 3 56.4
XXII Commodities not classified 186 0 1 6 -99.2
Total 23,729 9,768 18,937 9,014 24.3 -16.9 -20.2 -7.7