China: Trade openness
* indicates monthly or quarterly data series
| China |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 37.93 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1960 - 2024 |
| Average | 27.91 |
| Min - Max | 4.83 - 63.57 |
| Source | The World Bank |
The latest value from 2024 is 37.93 percent, an increase from 36.74 percent in 2023. In comparison, the world average is 91.40 percent, based on data from 161 countries. Historically, the average for China from 1960 to 2024 is 27.91 percent. The minimum value, 4.83 percent, was reached in 1970 while the maximum of 63.57 percent was recorded in 2006.
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* indicates monthly or quarterly data series
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Definition: Exports plus imports as percent of GDP.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 90.20 | 2023 | percent |
| Trade openness | 37.93 | 2024 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 20.02 | 2024 | percent |
| Exports, billion dollars | 4,108.47 | 2025 | billion U.S. dollars |
| Imports, percent of GDP | 17.18 | 2024 | percent |
| Imports, billion dollars | 3,292.28 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.10 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 42.65 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | -20,236.69 | 2024 | million dollars (current) |
| Current account, percent of GDP | 2.26 | 2024 | percent |
| Current account, in dollars | 735.02 | 2025 | billion U.S. dollars |
| Current Account, quarterly | 3.93 | 12/2025 | percent |
| Trade balance, percent of GDP | 2.85 | 2024 | percent |
| Trade balance, in dollars | 538.96 | 2024 | billion U.S. dollars |
| Reserves | 3,456.02 | 2024 | billion U.S. dollars |
| Remittances, percent of GDP | 0.17 | 2024 | percent |
| Remittances | 31,410.60 | 2024 | million U.S. dollars |
| Net errors and omissions | 10,099.38 | 2024 | million USD |
| External debt | 12.76 | 2024 | percent |
| Short-term external debt | 54.57 | 2024 | percent |
| Short-term debt to reserves | 37.79 | 2024 | percent |