Top 10 Export Markets and Import Sources of China

China is increasingly looking to emerging markets for economic growth opportunities. As the countries in the West stagnate emerging markets in Asia, Africa and Latin America have become more strategically important for China.

In 2008, China’s import sources were mostly from Asia. The Top 10 Import Sources for China in 2008 are listed below:

From Jan thru October last year, the top five import sources were Japan, EU, ASEAN, Korea and Taiwan. USA came in at number 6. Japan is the largest import source country for China.

The Top 10 Export Markets in 2008 were:

Source: MINISTRY OF COMMERCE, PRC

The EU, USA, Hong Kong, ASEAN and Japan were the five largest export destinations for Japanese goods. The US and EU accounted for about 40% of Chinese exports market.

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