WHAT PRODUCTS DOES CHINA IMPORT?



As we all know that China is one of the largest economies in the world. And when it comes to the importing of products in China, then China imports the products almost from everywhere in the world. However, the value of Chinese imported products keeps fluctuating. For example, if we talk about the year 2016, then the value of the imported products of China had declined to $1587 billion dollars from its previous year, $1679 billion dollars in 2015. Despite this also, China was in the second position in the world in terms of its imported products and the value of the imported products. According to one of the Exim data of the country through import-export data provider, the most imported product of China from various countries is the equipment of electrical machinery.

And when it comes to the biggest importing partner of China, then it is the Republic of Korea. But what are the other major products that are imported by China?? Give a read to this article to know more about the imported products and the import data of China.

THE 5 MOST POPULAR IMPORTED PRODUCTS OF CHINA

 There are various products that are imported in China across the world, but let’s have a look at the five most popular imported products of China and get into the details of them. As we discussed above, the most popular imported products of China are the equipment required in electrical and mechanical products. China is also considered to be one of the largest consumers in terms of crude oil, copper, aluminum and iron ore.

For the past few years, the country has been importing the equipment of electrical and mechanical products the most. However, let’s have a look at the other products as well.

THE EQUIPMENT OF ELECTRICAL AND MECHANICAL PRODUCTS

The country has been importing the equipment required for electrical and mechanical products the most for the past few years. If we talk about the year 2016 then, China had imported the electrical and mechanical products worth $412 billion which is also the 26% of total Chinese imported products.



OILS AND MINERAL FUELS

The second product which has been imported the most by China is mineral fuels and oils. When it comes to the same year 2016, then China had imported oil and mineral fuels worth $176 billion, which is 11.2% of the total import of the country as well.

NUCLEAR REACTORS AND BOILERS

According to one of the trade data of the country, the third-largest imported products of China are Nuclear reactors and Boilers. These products share about 9.3% of the total imported products of China and in the year 2016, the value of the importing of Nuclear Reactors and Boilers were $27 billion. These products are imported from Japan only.

IRON ORES AND ASH

Iron ores and ash come at the fourth position in terms of imported products of China. The amount of the importing of Iron ores and ash was $94 billion in the year 2016 with a share of 5.95%. These products are mostly imported from Australia.


MEDICAL AND PHOTOGRAPHIC EQUIPMENT

The fifth-largest imported products of China are the equipment of Medical and photographic products. These products are imported from various countries to China, however with the Republic of Korea the most. These products share about 5.84% of the total imported products in China.

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