What Percentage Of China’s Gdp Is Exported? SqoAV5Q

As of 2023, the percentage of China’s GDP that is attributed to exports of goods and services is reported at 19.74% according to the World Bank's collection of development indicators. This figure highlights the significant role that exports play in China's economy.

In addition to the export percentage, China's trade-to-GDP ratio was noted to be 37.32% for 2023, which represents a decline from the previous year. This ratio encompasses both imports and exports as a share of GDP, indicating the overall involvement of international trade in the country's economic activity.

For further insights, various reports provide updates on China's trade performance. For instance, in October 2024, exports exhibited a remarkable rise by 12.7% in U.S. dollar terms compared to the previous year, while imports showed a decline, indicating a dynamic export environment.

Overall, China's export economy remains a vital component influencing its overall GDP, with substantial growth and activity observed throughout recent quarters.

For more detailed statistics and updates, you may explore the following links:

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