Made in China. Much has been done about this phrase, its origin simply indicates the origin of the production of a certain commodity. Today, it is no longer just about international trade. As a label, Made in China can sometimes subtly indicate the quality of goods or low labor costs. In popular culture, it's even been made into a song.
For many countries, this label is a legal requirement for all products imported by sea or air and sold within their borders. Given that China is the world's largest exporter, it's no surprise that many items you encounter in your lifetime carry this label.
What does China export?
Machines such as computers, broadcasting equipment and telephones make up the bulk of China's exports—more than 40 percent of its total. This is followed by textiles, metals and chemical products.
Below is a list of the most exported products from China:
1. Machines (43%)
Computers (6.6%)
Broadcast equipment (5.6%)
Telephone (4.1%)
2. Textiles (12%)
Women's sweaters, suits, etc.
3. Metals (7.3%)
Steel bars, iron structures, etc.
4. Chemical products (4.6%)
Pesticides, fertilizers, antibiotics, etc.
5. Transportation (4.5%)
Auto parts, passenger and cargo ships, motorcycles, etc.
6. Plastics and rubber (3.9%)
Rubber tires, plastic household items, etc.
Overall, China's top 10 exports accounted for more than two-thirds of its total global shipments. China's total exports accounted for 7.46% of the world's total - indicating the export advantage of the Asian giants.
Where does China export to?
About one-fifth of Chinese exports end up in the United States. China's top five export partners are:
- United States (19%)
- Hong Kong (14%)
- Japan (6.3%)
- South Korea (4.6%)
- Germany (3.2%)
Nearly half (49%) of Chinese exports remain on the continent. Its top destination in Asia is Hong Kong (14%), followed by Japan (6.3%) and South Korea (4.6%).
