China: Trade openness

* indicates monthly or quarterly data series
 China

Trade openness: exports plus imports as percent of GDP

 Latest value 38.14
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 27.97
 Min - Max 4.92 - 64.48
 Source The World Bank
For that indicator, we provide data for China from 1960 to 2022. The average value for China during that period was 27.97 percent with a minimum of 4.92 percent in 1971 and a maximum of 64.48 percent in 2006. The latest value from 2022 is 38.14 percent. For comparison, the world average in 2022 based on 146 countries is 101.05 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
China - Trade openness - recent values

Historical chart
China - Trade openness - historical chart - 1960-2022




Definition: Exports plus imports as percent of GDP.


 Related indicators Latest value Reference Measure
 Terms of trade 90.22 2021 percent
 Trade openness 38.14 2022 percent
 Exports, percent of GDP 20.68 2022 percent
 Exports, billion dollars 3,714.25 2022 billion U.S. dollars
 Imports, percent of GDP 17.47 2022 percent
 Imports, billion dollars 3,137.59 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.00 2022 percent
 Foreign Direct Investment, billion dollars 180.17 2022 billion U.S. dollars
 Portfolio investment inflows, equities 34,388.40 2022 million dollars (current)
 Current account, percent of GDP 1.72 2022 percent
 Current account, in dollars 401.86 2022 billion U.S. dollars
 Trade balance, percent of GDP 3.21 2022 percent
 Trade balance, in dollars 576.33 2022 billion U.S. dollars
 Reserves 3,306.84 2022 billion U.S. dollars
 Remittances, percent of GDP 0.15 2022 percent
 Remittances 5,677.07 2022 million U.S. dollars
 Net errors and omissions -90,556.66 2022 million USD
 External debt 13.44 2022 percent
 Short-term external debt 52.96 2022 percent
 Short-term debt to reserves 38.26 2022 percent
 Foreign exchange reserves 3,308.47 9/2023 billion
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