How much does Chinareally export? Figures and opportunities of the trade giant

TUESDAY, 18 FEBRUARY 2025

In 2024 Chinese exports reached 3.47 trillion dollars (+7.1%), driven by electronics, machinery and electric vehicles. What it means for import-export.

In the dynamic world of international trade, understanding China's export performance is essential for companies operating in import-export. As the leading global exporter, China influences supply chains, market trends and competitive strategies. In 2024 Chinese exports reached 25.45 trillion yuan (about 3.47 trillion dollars), growing by 7.1% compared with the previous year.

Total value and growth

According to data from the General Administration of Customs, the 7.1% growth highlights the country's ability to maintain a dominant position despite geopolitical and economic challenges. It was supported by strong international demand and by policies that favour the expansion of production capacity, such as state bank credit directed at the manufacturing sector.

Driving sectors

China's exports in 2024 were driven by high value-added sectors. Electronics — smartphones, semiconductors, consumer devices — remains a pillar. Machinery, both industrial and for domestic use, continues to meet global demand. Electric vehicles (EVs) are expanding rapidly: China dominates the production of EVs, batteries and chemical battery components, controlling the entire supply chain.

The main trading partners

Towards the United States, Chinese exports reached around 438.95 billion dollars in 2024, slightly down from the 502 billion of 2023, but with a still solid trade relationship. The European Union is the second partner after ASEAN, with 560.36 billion dollars (about 518 billion euros): Germany, France and Italy among the main destinations. In Italy, Chinese exports reached 60 billion euros, with growth in the technology and automotive segments, in particular components for electric vehicles.

Trends and implications

The rise of electric vehicles signals a shift towards sustainable technologies that will influence global trade patterns. The slight reduction towards the United States suggests a recalibration of relations, influenced by tariffs and geopolitical dynamics; on the contrary, the robust performance towards the EU and Italy underlines their strategic importance. For import-export companies, understanding these trends makes it possible to identify reliable suppliers, anticipate market changes and build solid partnerships.

With La Merce, buying from a country that exports 3.47 trillion dollars means narrowing the field: suppliers are selected by product category and verified on site, because in a market that size the difficulty is not finding one, it is choosing.

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