China | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source
China | Exports of goods and services (current US$)
2571279900.2685 1960
1937599545.6999 1961
1913227224.3704 1962
2031026777.4632 1963
2250377669.4293 1964
2563155793.1586 1965
2680955346.2515 1966
2388487490.2968 1967
2339742847.6377 1968
2429108025.846 1969
2307246419.1982 1970
2782506685.1246 1971
3692541778.2818 1972
5876096301.6282 1973
7108230198.5562 1974
7688903729.0108 1975
6943389228.9902 1976
7519553800.3351 1977
9954858636.2556 1978
13615023474.178 1979
18099305926.321 1980
21566441771.781 1981
22600124795.19 1982
21956304449.37 1983
24764305080.89 1984
25801403273.95 1985
26202580690.47 1986
34072853910 1987
44923701330 1988
41190793490 1989
49129758920 1990
55542659170 1991
66847400129 1992
74280328750 1993
104606923298.21 1994
131858557590.45 1995
154812342505.83 1996
187446655600.72 1997
188751351726.04 1998
198699399635 1999
253091967448.2 2000
272061062328 2001
333004040919.07 2002
447956251319.22 2003
607356860744.08 2004
773337401021.29 2005
991726661343.52 2006
1258051504103.9 2007
1497878483247.8 2008
1262661203708 2009
1654823329619.6 2010
2006308960930 2011
2175069254743.1 2012
2354264539544.6 2013
2462825804916.3 2014
2362097053242.5 2015
2199974853555.1 2016
2424216052068.8 2017
2655609176117.7 2018
2628941104614.2 2019
2729884575149.4 2020
3554107781004 2021
3714245280576.8 2022
China | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source