CHINA'S FOREIGN TRADE: PATTERNS AND PROSPECTS
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Document Creation Date:
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Document Release Date:
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Publication Date:
May 31, 1985
Content Type:
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DIRECTORATE OF INTELLIGENCE
31 May 1985
China's Foreign Trade: Patterns and Prospects
Summary
In late 1983 China resumed its capital-import program
after a three-year hiatus. Last year foreign purchases,
particularly of capital goods, shot up dramatically.
Although China's exports also picked up in response to
economic recovery in the West, since last September the
trade balance has plummeted into the red. In order to stop
the foreign exchange drain Beijing has pressured the Bank of
China to control spending by local and provincial
enterprises. Nevertheless, we expect China's imports to
climb above $30 billion this year, and even higher during
the Seventh Five-Year Plan (1986-90). US sales should
benefit substantially from China's modernization efforts,
perhaps exceeding $4 billion this year and averaging $5-8
billion during the following five years. Despite official
Chinese concerns, we believe China's reserves are still more
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Central Intelligence Agerxy
than adequate; its foreign debt remains insignificant.
Last year Beijing reconfirmed its commitment to the open door policy and to
economic reform. In April 1984 the National People's Congress gave coastal
cities much greater authority over their own trade and investment decisions. In
a major departure from the past, Beijing has now assigned a leading role to the
port cities in China's modernization process, contradicting Mao's longstanding
policy of balanced growth between the coast and interior. At the October
This memorandum was prepared by ~ lof the China Division, Office of
East Asian Analysis and is based on information through 24 May 1985. Comments
may be directed to Chief, Development Issues Branch
EA M 85-10108
Duplicate of C05422684:
RIP
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meeting of the party's 12th Central Committee Bejing adopted measures to reform
the economy's archaic price system and to replace direct central controls over
the economy with Western-style macroeconomic levers. Both decisions should
greatly benefit foreign trade, as well as the domestic economy.
Nevertheless, there are signs of trouble ahead. The domestic economy appears
to be overheating, the gap between central government revenues and expenditures
continues to widen, and China's foreign trade balance has suddenly plunged into
deficit after nearly four years of surpluses. China's holdings of international
reserves, excluding gold, have dropped from a peak of $17 billion last September
to $13 billion at the end of February. The Chinese appear to have been taken by
surprise by this and have acted to stem the outflow
Balance of Payments in Flux
Since the death of Mao Zedong in 1976, China's central planners generally
have attempted to prevent domestic economic pressures from causing excess demand
for foreign goods. Nevertheless, domestic economic developments have an impact
on the foreign sector after some lag, and, as a result, China's balance of
payments has reflected Beijing's shifting national economic policies. Current
account surpluses during 1976-78 gave way to deficits in 1979 and 1980, as
deliveries began on the $10 billion worth of complete plants and equipment China
had ordered in 1978. Readjustment policies favoring light industry and
agriculture--announced in early 1979--did not affect China's current account
until 1981, when deliveries of capital equipment and industrial supplies began
to subside (see tabulation below). Although China's economic recovery got under
+------------------------------------------------------------------------------+
China's Balance of Payments
(Billion US $)
1978
1979 1980
1981
1982
1983
1984
0
-1.1 -1.0
3.2
7.7
5.4
1.4
Trade balance,
f.o.b.
-0.2
-0.9 -0.3
3.5
6.2
5.2
2.3
Exports
10.2
13.5 18.9
21.5
22.9
23.5
27.4
Imports
10.3
14.4 19.2
18.0
16.7
18.3
25.1
Services, net
-0.3
-0.8 -1.3
-0.9
0.4
-0.7
-1.2
Unrequited transfers, net
0.5
0.6 0.6
0.6
0.5
0.4
0.3
Capital account, excluding reserves -1.0
2.3 1.8
-0.9
-0.4
-1.0
-1.2
(Reserves (a)
0.7
-0.6 -0.2
-1.8
-6.3
-4.0
-0.2
INet errors and omissions
0.3
-0.5 -0.6
-0.6
-1.0
-0.4
0
1(a) Negative (-) indicates an increase in reserves.
IData for 1984 are preliminary estimates.
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way in 1982, imports began to pick up only in late 1983. Export expansion and
import restraint have given the Chinese four consecutive years of substantial
trade and current account surpluses, boosting China's total reserves, including
gold, to t21 billion by the end of last September--the tenth largest in the
world.
The increase in reserves stemmed not only from China's readjustment policies
but also from stringent foreign exchange controls established in early 1981. In
March of that year Beijing required all domestic enterprises to deposit their
foreign earnings with the Bank of China rather than in foreign banks. It
further required enterprises to repay hard currency loans from the Bank in hard
currency. Imports by Chinese firms were thus limited largely by the value of
their own exports. Although surplus foreign exchange could be sold to other
enterprises through the Bank, because of an overvalued exchange rate, there were
few sellers. In the absence of a foreign exchange market, the regulations
initially helped to assure a trade surplus. Soon, however, enterprises with
access to foreign exchange realized they could use the foreign exchange to buy
imports and resell them on the domestic market, at vastly inflated prices. This
practice was partially responsible for the surge in imports late last year. 0
For a capital-poor country such as China the buildup of reserves made little
economic sense. China's foreign exchange holdings were much larger than needed
to cover any exigencies. Interest earnings on China's deposits in foreign banks
were far less than the potential return on capital invested domestically.
Foreign exchange deposits abroad did nothing to rebuild China's aging
infrastructure nor to upgrade its inefficient industrial base. Moreover,
maintaining a trade surplus created inflationary pressures at home--state
procurement of goods for export injected more currency into circulation than was
absorbed by domestic sales of imports; as a result, more money chased fewer
goods. The large increase in foreign exchange reserves also raised the question
of whether China deserved access to low-cost funds from the World Bank and other
international lending agencies.
Chinese economists are aware of the irrationality of holding such a large
amount of reserves and have recommended bringing them down to a level
commensurate with the level of current account expenditures. Such a policy has
encountered resistance from hard-line conservatives, however, who remember
China's past difficulties with indebtedness to foreign powers and do not want to
repeat the experiences of countries such as Argentina, Brazil, and Mexico.
China's total debt stands at roughly $6 billion and consists largely of long-
term, low-interest loans from the World Bank, Japan's Overseas Economic
Cooperation Fund, and from other official export credit banks. Debt servicing
last year amounted to less than 5 percent of current account earnings,
insignificant compared with most LDCs. Nevertheless, financially the Chinese
are among the most conservative in the world, and they will continue to react
strongly to any decline in reserves--as well as to domestic budget deficits. C
Central budget problems continued to occupy the attention of Chinese leaders
last year, in part because of balooning subsidies to foreign trade. The trade
subsidies are a result of China's irrational domestic price structure--domestic
prices are fixed arbitrarily and are not in line with world market prices. As
the foreign trade system became more decentralized, the domestic price structure
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tended to distort the commodity trade patterns desired by the government. The
price system encouraged exports of capital- and land-intensive commodities that
were in short supply (for example, oil, steel, and tobacco) and encouraged
imports of labor-intensive manufactures that could have been produced for a
lower real cost at home (for example, cameras, televisions, radios, and
wristwatches). In order to obtain the desired product mix Beijing has had to
tax or subsidize exports or imports of various commodities. In 1983, the last
year for which data are available, trade subsidies had reached 11 billion yuan--
almost 10 percent of total government outlays. Efforts to trim these subsidies
could restrict the growth of both exports and imports this year.
The Search for New Export Markets
Since 1979 China's export growth has been the second fastest in the world--
only Mexico with its massive oil discoveries has had faster growth (see figure
1). Last year China's exports benefited from the Western economic recovery,
growing nearly 17 percent over 1983. Over the next several years, however, we
believe China's export growth will be held to 10 to 15 percent per year,
constrained primarily by increasing protectionism in the developed West. Over
the past three years lower world market prices have hurt China's agricultural,
mineral, and crude oil exports. At the same time, Chinese attempts to gain
greater access to the US and EC textile markets have been rebuffed.
In response China has attempted to boost sales to the Soviet Union, the
Middle East, South Korea, and other untapped markets. Exports of arms to the
Middle East, for example, shot up from almost nothing in 1980 to $1.2 billion
last year--4 percent of total exports. In an attempt to earn foreign exchange
China has offered to store nuclear waste materials for several West European
nations and is looking to the Soviet Union to provide a new outlet for textiles
that cannot be sold in the West. All of these markets, however, involve some
long-term political risks and will provide only a short-term boost to China's
hard currency earnings
Hong Kong continues to be China's largest export market, accounting for 26
percent of total exports and nearly one-third of current account earnings (see
table 2). Recent changes in the US rules of origin on textile imports may
result in a slowdown in Sino-Hong Kong trade this year; however, over the long-
term we expect this trade to flourish as China tries to integrate Hong Kong into
the mainland's economy. Nevertheless, if China is to succeed in getting the
imports it needs to modernize, China will have to break through barriers to its
exports in the developed West.
For the next few years manufacturers will provide the largest source of
export growth as the Chinese continue to substitute sales of processed goods for
raw materials wherever possible (see figure 2). Agricultural exports will grow
significantly this year, aided by six consecutive years of record harvests.
Over the long run, however, agricultural commodities will be limited by
increased domestic demand. Although the long-term outlook for exports from the
extractive sector--including minerals, ores, coal, and -- s promising,
the near-term prospects are for only moderate growth.
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Figure 1
China: Exports, f.o.b., by Area
Less developed
countries
Developed
countries
_._II I I I ~ I ~ ~ ~ I I I I II I I II I I
0 1 1 1 I I I
1979 80 81 82 83 84
Communist
countries
Figure 2
China: Exports, f.o.b., by Sector of Origin
0 I I I I 1 I
1979 80 81 82 83 84
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Success in boosting agricultural output has enabled the Chinese not only to
cut imports, but also to engage in exporting on a limited basis. Indeed,
Chinese corn and cotton sales have even cut into US markets in East Asia--Japan,
South Korea, and the Soviet Union. These exports probably will be short-lived,
however--Beijing views them as a temporary solution to the lack of storage
facilities in China.
Petroleum exports jumped almost 16 percent last year in dollar value, despite
significant reductions in world prices (see table 5). Domestic output increased
8 percent to 114.5 million metric tons, partly in response to Beijing's decision
to allow individual oilfields to export any above-quota production. Over the
long run inadequate rail and port capacity will constrain coal exports.
Nevertheless, earnings from coal exports increased more than 70 percent last
year to $550 million. Major agreements were signed in 1984 with a US firm
concerning the development of China's potentially largest open pit mine--the
Pingshuo Mine in Shanxi--and with the Japanese concerning the development of the
Jungar field. Exports from these mines, however, will not come onstream for two
to three years.
The Chinese have attempted to increase export earnings from their
manufactures by moving into higher-value-added lines. Part of the reason for
this strategy has been to compensate for the increase in volume quotas on
imports from China in the West. But the Chinese are also trying to increase
their gains from trade by moving into exports that reflect their comparative
advantage in labor-intensive manufactures. By branching out into industries
that require large inputs of manual labor, they hope to absorb some of the large
number of unemployed into the work force.
A Resumption of Foreign Purchases
In late 1983 China resumed its capital-import program after a three-year
hiatus, and last year foreign purchases picked up sharply (see figures 3 and 4).
Imports jumped 37 percent over the level of 1983, matching the growth rates
achieved in 1979-80. The surge in imports of capital goods and industrial
supplies benefited almost all of China's but particularly the
developed countries (see table 3). 7
This year we expect imports to exceed $30 billion, a 20 percent increase over
1984. Although skyrocketing imports have caused a sharp downturn in China's
trade balance (see figure 5), we expect that Beijing will sort out its problems
and continue importing at record levels, albeit at a somewhat more restrained
growth rate. Capital goods will show the largest gains, and industrial supplies
will show growth in selected areas, but agricultural imports will continue to
Favorable weather and price incentives have led to six consecutive years of
bumper harvests, lessening the need for agricultural imports. This year grain
imports may fall to 5 million tons, only half the level of 1984. The Chinese
are reducing the area sown to food grains, however, in order to increase the
output of commercial crops such as cotton and oilseeds. Over the long run
therefore we expect the Chinese will continue to be grain importers.
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Figure 3
China: Imports, f.o.b., by Area
Figure 4
China: Imports, f.o.b., by End Use
Communist
Countries
0 1 1 I 1 1 1 0 I I I I I I
1979 80 81 82 83 84 1979 80 81 82 83 84
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Figure 5
China: Trade Balances, f.o b.
With non-Communist countries
Billion US $
-1.2 I I I I 1 I
1979 80 81 82 83 84
With Communist countries
Billion US $
2.0
-1.2 I I I I I I
1979 80 81 82 83 84
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Imports of most industrial supplies have increased substantially since 1983,
reflecting increases in domestic economic activity and tight inventories. Last
year steel imports reached 12 million tons and China surpassed the United States
as Japan's leading customer. Imports of copper and aluminum also made
impressive gains. Record imports of logs and lumber, two-thirds of which came
from the United States, reflected the speedup in Chinese construction
activities. This year we expect that logs, plastics, fertilizer, and synthetic
textiles will continue upward but that rubber and cotton imports will decline.
25X1
Recovery of investment in China has resulted in a resurgence of capital
equipment imports, which increased to nearly $8 billion last year, up 85 percent
over 1983 (see table 6). Transportation'equipment especially had a banner year,
resulting in soaring sales of US aircraft, trucks, and locomotives. Associated
with the jump in capital equipment purchases has been a Chinese push to obtain
pure technology. In the past year the Chinese have purchased know-how in such
diverse areas as tree cultivation, insecticide chemistry, water control, food
preservation, coal excavating and gasification, building materials research,
iron ore dressing, large-scale integrated circuits, cargo handling, birth
control, disease treatment, environmental protection, and energy conservation.
We estimate that payments for such invisibles amounted to almost $1.5 billion
last year.
China's capital equipment imports probably will climb about 40 to 50 percent 25X1
this year. Together with telecommunications equipment, computers, and other
electronic apparatus, transportation, drilling, mining and construction
equipment have surged. Since November, China has signed contracts worth more
than $12 billion for Western plants and equipment to be delivered over the
course of the Seventh Five-Year Plan (1986-90). Altogether we expect about $50
billion in capital goods will be imported during the plan.
Implications for the United States
During the Seventh Plan we expect China's total imports from the world to
average about $35-40 billion per year, of which the United States could capture
15 to 20 percent, or roughly $5-8 billion annually. US sales to China could
fall short of this potential, however, if various economic and political issues
are not resolved satisfactorily. The entire history of US-China trade has been
marked by wide swings in US exports that have resulted from fluctuations in
economic and political relations (see figure 6).
Over the long run, the question of Chinese access to the US market,
particularly for textiles, could cause the most problems. Textile products
continue to dominate Chinese exports to the United States; last year they
accounted for nearly half of total sales. Unless bilateral relations
These projections assume that US firms will capture the same share of the
Chinese market as they now do of the world market for each commodity China is
likely to import. The upper end of the range assumes the Chinese turn to the
world market for grain imports on the same scale as they did in 1980-83.
25X1
25X1
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Highlights of US-China Trade
Long-term grain Cotton and synthetic
agreements signed textile fibers sales
Grain deliveries
end
Chinese leadership
struggle,
China buys
aluminum
Crude oil shipments
resume
China gets
MFN
iiniiil~iXiiilI I111111li1i11 1111111II
o 1 11111 IV 1 II 111 IV 1 11111 IV I 11111 IV 1 11111 IV I 11111 IV 1 11 111 IV I 11 111 IV 1 11 111 IV 1 11 111 IV 1 11111 IV I 11 III IV 1 11 111 IV I II III IV
1971 72 73 74 75 76 77 78 79 80 81 82 83 84
- US Imports
- US Exports
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deteriorate considerably, we do not believe Beijing will elevate trade disputes
to a level that could affect overall relations. But Chinese exports will
persistently test any trade barriers, and US moves to restrict Chinese exports
would probably spark some form of Chinese retaliation. Because of the
centralized nature of the Chinese economic system, Chinese policymakers can
easily link what US officials consider to be unrelated issues, as they did in
1983 when the United States imposed unilateral restrictions on their textile
exports and the Chinese responded by banning purchases of US agricultural
commodities.
25X1
Last year trade was essentially in balance for the second year in a row, with
each country's exports totaling $3.0 billion. Although the Chinese cut back on
purchases from the United States in 1983 and linked those purchases to Chinese
sales in the US market, we believe the balance between exports and imports in
1984 was merely coincidental. In the fourth quarter the United States had
achieved a $300 million surplus with China, largely on the strength of increased
capital goods sales, and in 1985 we project US exports of $4.0 billion and
imports of $3.5 billion. Over the next several years we expect the US will
maintain a substantial surplus in trade with China.
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- 1 -
1974 ...................
1975 ...................
1976 ...................
1977 ...................
1978 ...................
1979 ...................
1980 ...................
1981 ...................
1982 ...................
1983 ...................
1984 ...................
1974 ...................
1975 ...................
1976 ...................
1977 ...................
1978 ...................
1979 ...................
1980 ...................
1981 ...................
1982 ...................
1983 ...................
1984 ...................
1974 ...................
1975 ...................
1976 ...................
1977 ...................
1978 ...................
1979 ...................
1980 ...................
1981 ...................
1982 ...................
1983 ...................
1984 ..................
I II III IV YEAR
--------------------------------------------------------------------------------------------------------
1,501.1 1,733.9 1,623.0 1,900.8 6,758.9
1,543.4 1,707.0 1,743.4 2,127.0 7,120.6
1,784.0 1,590.6 1,734.4 2,156.7 7,265.8
1,918.3 1,867.1 1,947.6 2,443.9 8,177.2
2,197.7 2,340.9 2,557.1 3,071.6 10,167.2
2,732.9 3,107.7 3,473.1 4,338.0 13,651.8
3,981.6 4,532.1 4,864.1 5,541.1 18,919.8
4,861.3 5,271.3 5,458.6 5,953.8 21,544.9
5,562.4 5,508.5 5,871.8 5,957.4 22,900.0
5,280.9 5,551.8 6,160.8 6,525.8 23,519.5
6,258.0 6,942.6 7,253.1 6,985.7 27,439.4
1,530.0 1,683.5 1,853.8 1,657.5 6,724.7
1,671.1 1,643.1 1,774.1 1,730.0 6,818.4
1,857.5 1,623.4 1,154.8 934.5 5,570.2
1,206.4 1,398.2 1,930.7 2,061.9 6,597.6
1,921.2 2,402.8 2,522.8 3,479.4 10,326.4
3,495.4 3,527.3 3,382.1 3,964.3 14,369.2
4,076.6 4,222.8 4,918.4 6,049.7 19,267.7
5,522.2 4,307.1 3,938.9 4,261.2 18,029.4
4,270.1 4,251.5 3,982.0 4,182.5 16,686.0
4,011.7 4,466.7 4,412.5 5,450.2 18,341.0
4,950.3 5,363.1 6,373.8 8,413.6 25,100.9
1,664.8 1,824.5 2,009.1 1,786.4 7,284.6
1,805.2 1,782.8 1,919.4 1,878.8 7,386.3
2,007.5 1,765.9 1,248.7 1,002.8 6,024.8
1,295.9 1,509.2 2,083.1 2,229.5 7,118.1
2,087.6 2,602.7 2,733.9 3,765.3 11,189.5
3,791.6 3,833.5 3,681.1 4,291.1 15,597.4
4,416.4 4,551.1 5,312.2 6,504.9 20,784.8
5,945.1 4,628.5 4,236.8 4,573.0 19,383.4
4,584.7 4,559.6 4,277.8 4,503.3 17,925.3
4,331.3 4,787.3 4,718.8 5,828.7 19,666.1
5,286.2 5,717.3 6,783.1 8,941.9 26,728.5
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WORLD ....................
5,957.4
5,280.9
5,551.8
6,160.8
6,525.8
6,258.0
6,942.6
7,253.1
6,985.7
22,900.0
23,519.5
27,439.4
NON-COMMUNIST COUNTRIES..
5,569.8
5,034.1
5,274.7
5,756.4
6,090.6
5,977.3
6,483.6
6,825.5
6,597.2
21,625.0
22,156.0
25,883.5
DEVELOPED COUNTRIES ......
2,498.7
2,402.1
2,377.3
2,581.4
2,581.5
2,904.8
2,988.6
3,131.4
2,843.4
10,224.6
9,942.3
11,868.2
EAST ASIA AND PACIFIC..
1,383.2
1,220.8
1,201.2
1,329.4
1,356.8
1,438.7
1,555.5
1,550.6
1,467.0
5,442.7
5,108.1
6,011.8
Australia ...........
90.9
67.5
44.9
56.0
61.6
90.1
75.4
74.6
73.0
319.2
230.1
313.1
Japan ...............
1,282.7
1,145.0
1,148.9
1,265.3
1,287.0
1,339.9
1,470.5
1,465.1
1,384.6
5,083.4
4,846.2
5,660.1
NORTH AMERICA ..........
571.5
581.2
585.2
670.5
614.3
809.1
818.0
953.1
751.8
2,440.2
2,451.1
3,332.0
Canada ..............
31.3
46.3
49.2
59.3
44.7
66.7
60.8
78.2
52.3
165.3
199.5
258.0
United States .......
540.2
534.9
536.0
611.2
569.5
742.4
757.2
874.9
699.5
2,274.9
2,251.6
3,074.0
WESTERN EUROPE .........
544.1
600.2
591.0
581.5
610.4
657.1
615.1
627.7
624.6
2,341.7
2,383.1
2,524.4
Belgium .............
23.7
26.8
29.9
16.7
25.0
29.7
22.4
18.6
17.9
120.7
98.4
88.6
France ..............
92.3
102.3
97.2
86.1
91.0
101.4
101.6
93.4
86.6
379.7
376.7
383.0
West Germany ........
152.3
180.0
147.9
167.7
172.0
206.5
174.9
177.8
180.8
610.1
667.7
740.0
Italy ...............
80.5
77.5
102.3
80.7
99.3
83.2
74.6
116.6
99.5
372.1
359.8
373.9
Netherlands .........
35.7
43.1
39.0
39.7
33.4
39.1
35.2
34.5
36.7
167.0
155.1
145.6
Spain ...............
19.1
20.2
17.9
17.2
17.9
17.7
32.6
16.3
32.8
86.6
73.2
99.5
Sweden ..............
19.6
15.4
16.2
17.9
19.0
17.4
15.6
18.8
23.7
75.9
68.4
75.4
Switzerland .........
15.7
16.2
16.9
15.3
17.0
17.9
20.1
17.2
17.0
62.8
65.4
72.2
United Kingdom ......
62.3
70.5
76.4
79.4
79.1
82.4
84.4
81.1
75.4
295.0
305.5
323.4
LESS DEVELOPED COUNTRIES.
3,071.0
2,632.0
2,897.4
3,175.1
3,509.1
3,072.4
3,494.9
3,694.1
3,753.8
11,400.4
12,213.7
14,015.3
SOUTHEAST ASIA .........
1,949.8
1,701.5
1,834.6
2,013.1
2,225.1
2,141.0
2,440.2
2,571.3
2,660.5
7,540.4
7,774.4
9,812.9
Hong Kong ...........
1,432.2
1,223.3
1,382.8
1,491.8
1,748.8
1.606.9
1,841.5
1,829.7
1,852.4
5,430.5
5,846.5
7,130.5
Indonesia ...........
76.3
43.7
45.9
50.9
53.8
51.9
57.2
60.0
57.7
219.9
194.3
226.8
Malaysia ............
65.2
67.1
58.7
68.7
62.2
64.8
54.8
84.1
80.9
263.7
256.7
284.6
Philippines .........
51.9
23.5
37.9
14.4
.0
49.3
38.4
74.3
54.9
212.1
75.8
216.9
Singapore ...........
206.1
224.7
158.7
207.9
196.4
213.0
281.5
305.5
482.6
838.6
787.7
1,282.6
Thailand ............
37.0
35.6
55.4
84.2
77.4
57.3
62.8
116.4
71.8
222.5
252.5
308.3
SOUTH ASIA .............
86.2
87.4
102.7
82.3
87.7
92.0
123.7
125.6
135.6
405.6
360.1
476.9
Bangladesh ..........
16.4
10.6
19.7
14.0
11.4
11.7
48.6
50.8
48.9
103.0
55.6
160.1
Pakistan ............
32.8
37.7
38.0
30.2
33.8
39.0
31.6
29.0
37.2
142.2
139.7
136.8
Sri Lanka ...........
5.7
11.1
15.5
5.5
7.9
8.0
6.8
7.3
12.4
40.0
40.0
34.5
MIDDLE EAST ............
711.0
471.3
652.2
712.9
810.2
552.6
552.8
605.1
582.3
2,201.9
2,646.6
2,292.8
Kuwait ..............
37.1
33.2
35.0
38.7
41.0
39.4
43.6
45.6
43.9
127.5
147.9
172.6
Saudi Arabia ........
60.1
48.7
61.9
55.1
56.3
54.2
59.9
62.7
60.3
223.0
222.0
237.0
Syria ...............
26.4
23.6
24.8
27.5
29.1
28.0
31.0
32.4
31.2
64.7
105.0
122.6
United Arab Emirates
34.3
27.7
31.8
35.2
37.3
35.9
39.7
41.5
40.0
121.8
132.1
157.1
Yemen Arab Republic.
15.4
13.8
14.5
16.0
17.0
16.3
18.0
18.9
18.2
59.1
61.2
71.5
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TABLE 2
--CONTINUED
NORTH AFRICA ...........
67.4
63.8
64.6
67.5
69.0
76.7
75.0
76.9
75.0
236.4
264.8
303.6
Egypt ...............
12.8
11.4
12.0
13.3
14.1
13.6
15.0
15.7
15.1
49.0
50.8
59.3
Tunisia .............
6.9
7.5
6.7
9.0
' 5.2
4.6
6.0
3.0
3.9
19.5
28.4
17.5
SUB-SAHARA AFRICA ......
125.6
112.1
116.3
126.3
134.7
128.2
142.2
155.4
142.5
487.7
489.6
568.5
Cameroon ............
4.8
4.7
4.1
1.0
2.1
.9
1.4
1.5
1.4
18.9
11.9
5.2
Nigeria .............
11.5
10.3
10.8
11.9
12.6
12.2
13.5
14.1
13.5
44.1
45.6
53.3
Sudan ...............
6.4
6.7
7.0
7.8
8.2
7.9
8.8
9.2
8.8
24.8
29.7
34.6
Zambia ..............
.6
.6
.6
.7
.7
.7
.8
.8
.8
2.5
2.6
3.0
LATIN AMERICA .........
131.1
195.9
127.0
172.9
182.4
81.9
161.0
159.9
157.9
528.4
678.2
560.7
Argen+ina...........
2.5
.1
2.6
.3
1.2
1.3
1.7
.9
.9
9.3
4.3
4.7
Brazil ..............
90:6
164.4
94.7
139.7
142.8
50.5
123.8
123.6
118.9
332.7
541.6
416.8
Chile ...............
2.9
1.6
2.2
1.9
3.3
2.3
2.5
1.5
4.9
19.7
9.0
11.3
Guatemala ...........
.3
.1
.6
.3
.5
.5
.5
.5
.5
.6
1.5
2.0
Mexico ..............
7.2
5.5
.9
1.5
3.4
1.7
3.7
3.5
3.5
58.9
11.3
12.5
COMMUNIST COUNTRIES ......
387.6
246.8
277.1
404.3
435.2
280.7
459.1
427.6
388.5
1,275.0
1,363.5
1,555.9
USSR ...................
47.1
15.9
37.9
145.9
108.2
73.4
206.8
187.5
157.5
142.6
307.9
625.2
EASTERN EUROPE .........
234.7
141.2
140.2
164.2
226.4
125.7
167.9
152.1
146.4
725.8
672.1
592.2
Czechoslovakia ......
31.0
19.6
13.3
22.3
34.9
8.8
25.4
35.5
34.1
71.6
90.1
103.8
East Germany ........
17.8
16.8
9.7
17.0
15.5
16.1
28.6
21.0
20.2
68.6
59.0
85.9
Hungary .............
10.2
4.2
3.7
5.3
12.7
9.4
5.7
6.4
6.2
25.9
25.9
27.8
Poland ..............
77.0
32.7
39.9
44.2
46.8
22.2
30.9
24.2
23.3
177.8
163.5
100.6
Romania .............
88.9
58.1
63.3
64.0
104.3
57.5
64.3
51.5
49.5
341.8
289.7
222.8
Yugoslavia ..........
4.0
3.6
3.8
4.2
4.4
4.3
4.7
4.9
4.7
18.0
16.0
18.6
WORLD ....................
96.85
94.86
94.86
94.27
94.25
91.43
91.45
90.18
78.22
96.85
94.53
87.74
DEVELOPED COUNTRIES ......
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
97.87
100.00
100.00
99.49
LESS DEVELOPED COUNTRIES.
93.97
89.91
90.37
89.09
89.51
83.03
83.50
81.19
67.19
93.76
89.69
78.42
COMMUNIST COUNTRIES ......
99.33
97.56
97.72
98.27
98.29
94.58
96.35
95.90
41.05
99.22
98.03
82.10
I/ Country listings for any given area are not exhaustive; only major trade partners are presented.
Country data for all
quarters to the right of an asterisk
are extrapolated and are subject to change. See appendix A, China:
International Trade
Quarterly Review, First Quarter 1979
for further details.
b/ Kampuchea, Cuba, Mongolia,
Laos, North Korea, and Vietnam.
c/ Includes quarterly data that have been interpolated from annual trade-partner data.
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-4-
1982
WORLD .................... 4,182.5
NON-COMMUNIST COUNTRIES.. 3,704.0
DEVELOPED COUNTRIES ...... 2,751.9
EAST ASIA AND PACIFIC.. 1,195.7
Australia ........... 225.1
Japan ............... 923.5
NORTH AMERICA .......... 752.2
Canada .............. 233.7
United States ....... 518.5
WESTERN EUROPE ......... 804.0
Belgium ............. 87.7
France .............. 178.5
West Germany ........ 233.2
Italy ............... 52.6
Netherlands ......... 20.0
Spain ............... 39.4
Sweden .............. 15.0
Switzerland ......... 44.5
United Kingdom ...... 60.2
LESS DEVELOPED COUNTRIES. 952.1
SOUTHEAST ASIA ......... 690.1
Hong Kong ........... 479.3
Indonesia ........... 3.8
Malaysia ............ 32.1
Philippines ......... 14.3
Singapore ........... 72.1
Thailand ............ 39.6
SOUTH ASIA ............. 19.7
Bangladesh .......... 7.4
Pakistan ............ .3
Sri Lanka ........... 3.2
MIDDLE EAST ............ 25.6
Kuwait .............. .0
Saudi Arabia........ .0
Syria ............... 9.8
United Arab Emirates .0
Yemen Arab Republic. .0
1983
-------------------------------
4,011.7 4,466.7 4,412.5 5,450.2
3,692.1 4,051.0 4,000.3 4,945.1
2,770.5 2,722.4 2,682.4 3,546.2
1,056.7 1,319.7 1,348.4 1,695.7
144.9 64.2 55.3 128.3
871.0 1,232.0 1,278.3 1,536.4
959.3 697.7 624.4 1,080.8
290.5 332.5 226.6 339.5
668.8 365.2 397.8 741.3
754.6 705.0 709.6 769.7
53.8 48.5 54.1 56.9
151.6 129.1 79.4 89.9
257.1 257.1 269.4 291.3
70.6 49.2 66.8 77.9
43.3 22.6 29.7 37.3
33.8 28.6 19.3 27.4
10.9 29.2 36.0 38.4
19.8 32.0 29.7 42.8
66.8 70.8 62.5 43.5
921.6 1,328.6 1,317.9 1,398.8
621.7 734.4 847.2 1,037.4
434.3 560.1 663.0 837.4
5.9 6.5 6.5 8.0
37.2 34.7 51.4 33.4
17.3 2.4 2.8 .0
45.6 60.3 49.5 57.5
34.0 20.1 17.6 35.5
35.4 120.4 40.8 22.5
10.5 3.7 3.2 1.2
9.8 106.2 25.9 4.0
6.5 1.1 2.4 5.9
23.3 32.7 25.4 40.1
.0 .0 .0 .0
.0 .0 .0 .0
9.5 10.6 10.5 12.9
.0 .0 .0 .0
.0 .0 .0 .0
4,950.3 5,363.1 6,373.8 8,413.6
4,533.4 4,891.9 5,829.8 7,769.1
3,154.1 3,263.3 3,882.9 5,141.4
1,598.4 1,721.4 1,976.5 2,761.2
193.6 173.3 184.3 184.7
1,365.8 1,518.0 1,769.9 2,545.0
827.3 752.9 1,074.7 1,316.9
199.2 218.7 220.7 328.9
628.1 534.2 854.0 988.0
728.4 789.0 831.7 1,063.3
53.4 62.0 67.6 89.2
78.7 65.2 59.6 106.7
248.3 212.7 239.9 336.9
97.1 65.1 109.9 122.5
37.3 33.7 46.2 49.8
22.8 39.7 60.3 62.3
25.8 31.6 23.9 39.6
25.3 33.9 26.1 37.7
75.3 179.1 81.0 88.6
1,379.3 1,628.6 1,946.9 2,627.7
1,069.0 1,272.4 1,575.8 2,107.6
862.5 1,033.1 1,301.3 1,833.8
7.3 7.9 9.4 12.4
34.9 38.0 44.7 59.1
12.9 1.8 21.2 24.3
45.6 56.5 62.3 78.6
27.5 59.6 52.1 43.0
32.2 27.3 22.8 38.8
6.4 1.8 .1 .0
9.4 8.7 6.2 15.9
5.8 5.5 3.1 5.0
36.4 45.3 42.4 55.9
.0 .0 .0 .0
.0 .0 .0 .0
11.8 12.8 15.2 20.1
.0 .0 .0 .0
.0 .0 .0 .0
16,686.0 18,341.0 25,100.9
14,969.6 16,688.6 23,024.2
10,803.9 11,721.6 15,441.7
4,446.0 5,420.5 8,057.5
837.9 392.8 735.8
3,500.0 4,917.7 7,198.7
3,917.2 3,362.2 3,971.8
1,005.2 1,189.1 967.5
2,912.0 2,173.1 3,004.3
2,440.7 2,938.9 3,412.4
203.3 213.3 272.2
335.8 450.0 310.2
852.6 1,074.9 1,037.8
210.3 264.5 394.6
66.3 132.9 167.0
111.9 109.1 185.1
59.7 114.5 120.9
128.2 124.3 123.0
178.5 243.6 424.0
4,165.7 4,967.0 7,582.5
2,996.6 3,240.7 6,024.8
1,954.4 2,494.8 5,030.7
14.1 26.9 37.0
110.4 156.7 176.6
105.2 22.4 60.2
240.4 212.8 243.0
306.5 107.3 182.3
213.3 219.1 121.1
25.7 18.6 8.3
144.6 145.9 40.2
8.4 15.9 19.5
167.6 121.6 180.1
.0 .0 .0
.0 .0 .0
11.2 43.5 59.9
.0 .0 .0
.1 .1 .1
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TABLE 3
--CONTINUED
CHINA: IMPORTS, FOB, BY AREA AND COUNTRY a/
NORTH AFRICA ........... 15.6
Egypt ............... 8.9
Tunisia ............. .0
SUB-SAHARA AFRICA...... 37.7
Cameroon ............ .0
Nigeria ............. .0
Sudan ............... 6.4
Zambia .............. 3.0
LATIN AMERICA ......... 163.5
Argentina ........... 34.4
Brazil .............. 21.6
Chile ............... 32.6
Guatemala ........... .4
Mexico .............. 18.1
COMMUNIST COUNTRIES ...... 478.5
USSR ................... 48.7
EASTERN EUROPE ......... 285.4
Czechoslovakia ...... 69.7
East Germany ........ 33.7
Hungary ............. 13.1
Poland .............. 33.7
Romania ............. 107.8
Yugoslavia .......... 16.2
WORLD .................... 97.90
DEVELOPED COUNTRIES ...... 100.00
LESS DEVELOPED COUNTRIES. 90.76
COMMUNIST COUNTRIES ...... 100.00
19.0 25.4 25.5 25.3 22.4 21.9 20.5 27.1
8.6 9.6 9.4 11.7 10.7 11.5 13.7 18.1
3.6 3.5 4.3 1.8 7.4 3.8 .0 .0
42.8 48.2 48.6 62.0 56.5 61.3 72.8 96.1
.0 .0 .3 .1 .0 .0 .0 .0
.0 .0 .0 .0 .0 .0 .0 .0
12.5 13.9 13.7 17.0 15.5 16.8 20.0 26.4
2.9 3.3 3.2 4.0 3.6 3.9 4.7 6.2
179.4 367.5 330.4 211.4 162.7 200.4 212.5 302.2
76.6 212.5 143.2 39.4 24.7 25.6 15.1 19.9
33.0 77.8 87.4 74.2 56.2 107.8 109.7 187.5
7.5 16.4 41.4 28.4 33.8 23.6 38.3 29.6
.6 .0 .0 .0 .0 .0 .0 .0
12.6 12.5 13.9 14.7 26.9 20.5 22.2 29.3
319.5 415.6 412.1 505.2 416.9 471.3 544.0 644.5
39.3 61.1 110.5 128.8 99.5 117.2 186.9 171.0
164.8 206.6 190.9 282.9 200.3 254.4 255.4 339.2
24.7 25.4 19.1 43.5 29.4 36.5 25.3 33.4
34.1 48.7 39.7 64.3 25.1 30.2 32.7 43.2
6.6 7.5 8.6 22.6 7.9 15.3 14.5 21.2
11.5 27.5 27.2 33.6 39.7 34.5 37.0 48.8
67.8 75.2 74.3 91.8 73.4 111.0 114.0 150.5
15.8 17.5 17.3 21.3 19.5 21.1 25.1 33.1
75.2 95.2
35.4 39.3
16.2 13.1
144.6 201.7
.0 .4
.0 .0
25.7 57.1
12.0 13.4
91.9
54.1
11.3
286.8
.0
.0
78.6
18.4
568.4 1,088.7 877.8
136.6 471.6 85.3
86.2 272.4 461.1
61.9 93.7 125.3
15.1 .6 .0
87.1 53.7 98.9
1,716.4 1,652.4 2,076.6
165.2 339.7 574.6
975.3 845.1 1,049.3
185.1 112.7 124.6
134.5 186.8 131.2
33.7 45.3 58.9
98.1 99.8 160.0
430.2 309.1 448.9
49.1 71.8 98.8
115.4 147.9 110.8 93.5 117.1 99.7 101.7 134.3 575.9 467.6 452.7
PERCENT OF ESTIMATE OBTAINED FROM TRADE PARTNER DATA: C/
96.82 96.83 96.83 96.81 96.38 96.38 95.89 87.06 97.90 96.82 93.13
100.00 100.00 100.00 100.00 100.00 100.00 100.00 96.98 100.00 100.00 98.99
88.11 90.85 90.89 89.29 89.05 89.96 88.40 82.16 91.60 89.91 86.69
94.37 95.19 95.21 95.18 93.25 93.54 93.35 27.97 100.01 95.04 73.08
at Country listings for any given area are not exhaustive; only major trade partners are presented. Country data for all
quarters to the right of an asterisk are extrapolated and are subject to change. See appendix A. China: International Trade
Quarterly Review, First Quarter 1979 for further details.
b/ Kampuchea, Cuba, Mongolia, Laos, North Korea, and Vietnam.
c/ Includes quarterly data that have been interpolated from annual trade-partner data.
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6 -
WORLD ....................
1,774.9
1,269.2
1,085.2
1,748.3
1,075.5
1,307.7
1,579.5
879.3
-1427.9
6,214.0
5,178.5
2,338.5
NON-COMMUNIST COUNTRIES..
1,865.8
1,342.0
1,223.7
1,756.1
1,145.6
1,443.8
1,591.7
995.7
-1171.9
6,655.4
5,467.4
2,859.3
DEVELOPED COUNTRIES ......
-253.1
-368.4
-345.1
-101.0
-964.7
-249.3
-274.7
-751.5
-2298.0
-579.4
-1,779.3
-3,573.5
EAST ASIA AND PACIFIC..
187.5
164.1
-118.6
-19.0
-338.9
-159.7
-165.9
-425.9
-1294.2
996.7
-312.4
-2,045.7
Australia ...........
-134.2
-77.4
-19.3
.7
-66.7
-103.5
-97.8
-109.6
-111.6
-518.7
-162.7
-422.6
Japan ...............
359.2
274.0
-83.1
-13.0
-249.4
-25.9
-47.5
-304.8
-1160.4
1,583.4
-71.5
-1,538.6
NORTH AMERICA ..........
-180.7
-378.1
-112.5
46.1
-466.5
-18.2
65.1
-121.6
-565.1
-1,477.0
-911.1
-639.8
Canada ..............
-202.4
-244.2
-283.3
-167.3
-294.8
-132.5
-157.9
-142.5
-276.6
-839.9
-989.6
-709.5
United States .......
21.7
-133.9
170.8
213.4
-171.8
114.3
223.0
20.9
-288.5
-637.1
78.5
69.7
WESTERN EUROPE .........
-259.9
-154.4
-114.1
-128.1
-159.3
-71.3
-173.9
-204.0
-438.7
-99.0
-555.9
-888.0
Belgium .............
-64.0
-27.0
-18.6
-37.4
-31.9
-23.7
-39.6
-49.0
-71.3
-82.6
-114.9
-183.6
France ..............
-86.2
-49.3
-31.9
6.7
1.1
22.7
36.4
33.8
-20.1
43.9
-73.3
72.8
West Germany ........
-80.9
-77.1
-109.2
-101.7
-119.3
-41.8
-37.8
-62.1
-156.1
-242.5
-407.2
-297.8
Italy ...............
27.9
6.9
53.1
13.9
21.4
-13.9
9.5
6.7
-23.0
161.8
95.3
-20.7
Netherlands .........
15.7
-.2
16.4
10.0
-3.9
1.8
1.5
-11.7
-13.1
100.7
22.2
-21.4
Spain ...............
-20.2
-13.6
-10.7
-2.2
-9.5
-5.1
-7.1
-44.0
-29.5
-25.3
-35.9
-85.6
Sweden ..............
4.6
4.5
-13.0
-18.1
-19.4
-8.4
-16.0
-5.1
-15.9
16.2
-46.1
-45.5
Switzerland .........
-28.8
-3.6
-15.1
-14.4
-25.8
-7.4
-13.8
-8.9
-20.7
-65.4
-58.9
-50.8
United Kingdom......
2.1
3.7
5.6
16.9
35.6
7.1
-94.7
.1
-13.2
116.5
61.9
-100.6
LESS DEVELOPED COUNTRIES.
2,118.9
1,710.4
1,568.8
1,857.2
2.110.3
1,693.1
1,866.4
1,747.2
1,126.1
7,234.7
7,246.7
6,432.8
SOUTHEAST ASIA .........
1,259.6
1,079.8
1,100.2
1,165.9
1,187.7
1,072.0
1,167.8
995.4
553.0
4,543.8
4,533.7
3,788.1
Hong Kong ...........
952.8
789.0
822.7
828.8
911.3
744.5
808.4
528.4
18.5
3,476.1
3,351.8
2,099.9
Indonesia ...........
72.5
37.8
39.4
44.4
45.8
44.6
49.3
50.6
45.3
205.8
167.4
189.8
Malaysia ............
33.2
29.9
23.9
17.3
28.8
30.0
16.8
39.3
21.8
153.3
100.0
108.0
Philippines .........
37.6
6.2
35.5
11.6
.0
36.3
36.7
53.1
30.6
106.9
53.4
156.8
Singapore ...........
134.0
179.1
98.5
158.4
138.9
167.3
225.0
243.2
404.0
598.2
574.8
1,039.6
Thailand ............
-2.6
1.5
35.3
66.6
41.8
29.7
3.2
64.4
28.7
-84.0
145.3
126.1
SOUTH ASIA .............
66.6
52.0
-17.7
41.6
65.1
59.8
96.4
102.7
96.7
192.3
141.1
355.8
Bangladesh ..........
9.0
.0
16.0
10.8
10.2
5.3
46.8
50.8
48.9
77.4
37.1
151.7
Pakistan ............
32.5
27.8
-68.2
4.3
29.8
29.6
22.9
22.8
21.3
-2.4
-6.2
96.6
Sri Lanka ...........
2.5
4.6
14.5
3.1
2.0
2.1
1.4
4.2
7.4
31.6
24.1
15.0
MIDDLE EAST ............
685.4
448.0
619.4
687.5
770.1
516.2
507.5
562.6
526.3
2,034.3
2,525.0
2,112.7
Kuwait ..............
37.1
33.2
35.0
38.7
41.0
39.4
43.6
45.6
43.9
127.5
147.9
172.6
Saudi Arabia ........
60.1
48.7
61.9
55.1
56.3
54.2
59.9
62.7
60.3
223.0
222.0
237.0
Syria ...............
16.6
14.1
14.2
17.0
16.2
16.2
18.2
17.2
11.1
53.5
61.5
62.7
United Arab Emirates
34.3
27.7
31.8
35.2
37.3
35.9
39.7
41.5
40.0
121.8
132.1
157.1
Yemen Arab Republic.
15.4
13.8
14.4
16.0
16.9
16.3
18.0
18.9
18.1
59.0
61.2
71.4
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TABLE 4
--CONTINUED
CHINA: TRADE BALANCES, FOB. BY AREA AND COUNTRY a/
1982 1983 1984 ANNUAL
IV I II III IV I II III IV 1982 1983 1984
NORTH AFRICA ........... 51.7 44.8 39.2 42.0 43.7 54.3 53.1 56.4 47.9 161.2 169.7 211.6
Egypt ............... 3.9 2.8 2.4 3.8 2.4 2.9 3.4 1.9 -3.1 13.6 11.5 5.2
Tunisia ............. 6.9 3.9 3.2 4.7 3.4 -2.8 2.2 3.0 3.9 3.3 15.2 6.2
SUB-SAHARA AFRICA ...... 87.9 69.3 68.1 77.7 72.7 71.6 80.9 82.6 46.4 343.1 287.9 281.8
Cameroon ............ 4.8 4.7 4.1 .7 1.9 .9 1.4 1.5 1.4 18.9 11.5 5.2
Nigeria ............. 11.5 10.3 10.8 11.9 12.6 12.2 13.5 14.1 13.5 44.1 45.6 53.3
Sudan ............... .0 -5.9 -6.9 -6.0 -8.7 -7.6 -8.0 -10.8 -17.5 -.9 -27.5 -44.0
Zambia .............. -2.4 -2.3 -2.6 -2.5 -3.3 -2.9 -3.2 -3.9 -5.4 9.5 -10.8 -15.4
LATIN AMERICA -32.3 16.5 -240.4 -157.6 -29.0 -80.9 -39.3 -52.6 -144.3 -39.9 -410.5 -317.1
Argentina ........... -31.9 -76.5 -209.9 -142.8 -38.2 -23.4 -24.0 -14.2 -19.0 -127.2 -467.3 -80.6
Brazil .............. 69.0 131.4 16.9 52.3 68.7 -5.7 16.0 13.9 -68.6 246.5 269.2 -44.3
Chile ............... -29.7 -5.9 -14.2 -39.5 -25.1 -31.5 -21.1 -36.8 -24.7 -42.2 -84.7 -114.0
Guatemala ........... -.2 -.5 .6 .3 .5 .5 .5 .5 .5 -14.5 .9 2.0
Mexico .............. -10.9 -7.1 -11.6 -12.4 -11.3 -25.2 -16.8 -18.7 -25.8 -28.2 -42.4 -86.4
COMMUNIST COUNTRIES ...... -90.9 -72.7 -138.5 -7.8 -70.0 -136.1 -12.2 -116.4 -256.0 -441.4 -288.9 -520.8
USSR ................... -1.6 -23.4 -23.2 35.4 -20.6 -26.1 89.6 .6 -13.5 -22.6 -31.8 50.6
EASTERN EUROPE ......... -50.8 -23.5 -66.5 -26.7 -56.5 -74.6 -86.5 -103.3 -192.8 -249.5 -173.0 -457.2
Czechoslovakia ...... -38.7 -5.1 -12.1 3.2 -8.6 -20.6 -11.1 10.2 .8 -113.5 -22.6 -20.8
East Germany ........ -15.9 -17.3 -39.0 -22.7 -48.8 -9.0 -1.6 -11.7 -23.0 -65.9 -127.8 -45.3
Hungary ............. -2.9 -2.4 -3.8 -3.3 -9.9 1.5 -9.6 -8.1 -15.0 -7.8 -19.4 -31.1
Poland .............. 43.3 21.2 12.3 17.0 13.2 -17.5 -3.6 -12.8 -25.6 79.6 63.7 -59.5
Romania ............. -18.9 -9.7 -11.9 -10.3 12.6 -15.9 -46.7 -62.5 -100.9 -88.4 -19.4 -226.1
Yugoslavia .......... -12.2 -12.2 -13.7 -13.1 -16.9 -15.2 -16.4 -20.2 -28.4 -31.1 -55.9 -80.2
OTHER b/ ............... -38.5 -25.8 -48.8 -16.5 '0 7.1 -35.5 -15.3 -13.7 -49.7 -169.3 -84.1 -114.2
a/ Country listings for any given area are not exhaustive; only major trade partners are presented. Country data for all
quarters to the right of an asterisk are extrapolated and are subject to change. See appendix A, China: International Trade
Quarterly Review, First Quarter 1979 for further details.
b/ Kampuchea, Cuba, Mongolia, Laos, North Korea, and Vietnam.
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- 8 -
TABLE 5
0
FOOD & LIVE ANIMALS...
892.5
743.2
735.2
798.3
971.5
845.5
832.6
828.2
915.2
3,302.7
3,248.2
3,421.5
00
Live Animals ..........
84.6
76.3
75.3
72.6
72.8
74.5
76.0
78.0
76.1
340.3
297.0
304.7
01
Meat & Meat Preps.....
117.0
105.6
96.2
93.5
131.9
98.0
89.0
95.5
104.2
416.2
427.1
386.7
02
Dairy Prod & Eggs.....
21.4
17.6
23.4
19.5
18.9
21.3
22.3
19.0
14.2
95.7
79.4
76.7
03
Fish & Fish Preps.....
86.7
82.9
80.7
64.6
96.6
85.5
87.7
83.4
94.0
375.4
324.7
350.6
04
Cereals & Cereal Preps
108.2
69.7
73.0
96.7
105.2
72.3
80.9
90.7
109.1
411.2
344.6
353.0
05
Fruits & Vegetables...
283.2
221.0
205.6
251.8
320.7
259.7
247.3
242.3
283.5
990.0
999.0
1,032.8
06
Sugar, Honey, & Preps.
27.8
29.5
33.6
26.3
28.0
24.2
23.5
22.2
24.7
117.1
117.4
94.6
07
Coffee, Tea, & Spices.
109.9
90.4
87.8
83.1
104.2
105.2
106.0
103.0
123.1
370.7
365.5
437.3
08
Animal Feedstuffs.....
39.2
37.3
44.6
76.0
76.7
87.6
83.1
77.0
68.0
134.6
234.6
315.7
09
Misc Food Preps .......
14.5
12.9
15.1
14.3
16.6
17.3
16.7
17.2
18.3
51.5
58.9
69.6
I
BEVERAGES & TOBACCO...
36.1
32.5
30.3
43.6
40.8
35.2
41.9
46.4
42.5
136.6
147.2
166.0
11 Beverages .............
20.6
16.5
16.0
24.1
21.7
17.3
16.6
21.0
19.8
79.1
78.4
74.6
12 Tobacco, Tobacco Manuf
15.5
16.0
14.2
19.5
19.1
17.9
25.3
25.4
22.7
57.5
68.8
91.4
2
CRUDE MATERIALS .......
441.2
450.1
510.5
537.7
560.0
550.3
666.1
640.0
583.8
1,798.2
2,058.4
2,440.1
21
Hides & Skins, Undrssd
20.1
f8.6
29.6
23.9
22.3
22.4
31.9
28.9
24.1
84.5
94.4
107.3
22
Oilseeds, Oil Nuts....
65.4
85.3
87.4
74.5
70.6
89.4
106.6
82.6
65.3
248.0
317.8
343.9
23
Crude Rubber ..........
1.1
0.9
1.1
1.0
0.7
1.7
2.4
1.8
1.3
4.2
3.6
7.1
24
Wood, Lumber. & Cork..
4.3
4.2
6.0
3.8
4.2
3.5
6.4
3.7
3.2
22.0
18.1
16.8
25
Pulp & Waste Paper....
0.0
0.0
0.0
0.3
0.2
0.1
0.0
0.3
0.1
0.1
0.5
0.6
26
Textile Fibers ........
132.2
148.6
178.7
200.2
220.4
211.3
245.4
263.8
217.6
565.0
748.0
938.2
27
Crude Fertlzr & Minrls
72.9
68.1
69.5
71.8
76.4
69.9
81.9
78.1
89.4
281.5
285.8
319.4
28
Metalliferous Ores....
27.2
21.3
24.7
34.4
34.6
31.0
42.2
44.0
45.2
130.7
115.0
162.4
29
Crude Anml & Veg Matl.
117.9
103.0
113.5
128.0
130.7
121.0
149.1
136.8
137.5
462.1
475.2
544.4
3
MINERAL FUELS & PROD..
1,349.9
1,215.3
1,084.1
1,262.4
1,245.3
1,160.9
1,468.8
1,632.2
1,475.4
5,224.3
4,807.1
5,737.3
32
Coal, Coke,& Briquette
85.0
78.6
72.4
82.1
86.5
140.7
152.0
141.5
116.9
327.5
319.5
551.1
33
Petroleum & Petro Prod
1,264.9
1,136.2
1,011.5
1,180.3
1,158.5
1,019.5
1,316.4
1,490.6
1,358.3
4,896.8
4,486.5
5,184.7
34
Gas, Natural & Manuf..
0.0
0.5
0.2
0.0
0.3
0.7
0.4
0.2
0.3
0.0
1.0
1.5
35
Electric Energy .......
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4
ANML & VEG OILS & FATS
19.4
18.8
21.9
38.4
24.8
28.2
39.1
29.5
33.1
75.4
103.9
129.8
41
Animal Oils & Fats....
0.1
0.1
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.4
0.2
0.2
42
Fixed Veg Oils & Fats.
18.5
17.9
20.9
37.3
23.8
27.3
38.2
28.4
32.3
72.6
99.9
126.2
43
Processed Oils & Fats.
0.8
0.9
0.9
1.1
0.9
0.9
0.9
1.0
0.7
2.4
3.8
3.5
5
CHEMICALS .............
319.9
300.8
324.4
311.4
352.5
337.8
343.5
349.6
366.7
1,296.1
1,289.1
1,397.7
51
Elements & Compounds..
137.1
122.5
142.6
134.0
142.2
145.2
149.9
157.4
155.9
580.6
541.3
608.4
52
Mineral Tar ...........
5.6
3.6
3.3
4.1
4.9
1.3
3.4
3.4
6.4
30.9
15.9
14.5
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--CONTINUED
CHINA: EXPORTS, FOB, BY COMMODITY a/
53
Dyestuffs & Paints....
21.2
18.4
20.7
19.8
22.0
20.3
22.9
22.9
22.8
71.1
80.9
88.8
54
Medicinal & Pharm Prod
56.8
58.9
56.8
56.5
64.6
68.1
57.4
60.1
62.2
223.6
236.8
247.9
55
Essential Oils & Soaps
25.7
26.4
23.4
28.8
31.4
28.5
31.5
32.3
27.6
97.6
110.0
120.0
56
Fertilizers, Manuf....
0.2
0.8
0.2
1.1
0.7
0.2
0.2
0.3
0.2
2.7
2.9
0.9
57
Explosives & Prod.....
30.2
28.6
31.0
18.3
34.6
26.9
30.9
21.6
42.9
109.6
112.5
122.3
58
Plastic Mat] & Resins.
12.2
11.7
13.6
14.1
15.1
14.6
14.7
15.4
12.4
43.3
54.5
57.1
59
Chem Matl & Prod, NES.
30.9
30.0
32.8
34.7
36.9
32.7
32.5
36.3
36.3
136.7
134.3
137.8
6
SEMI-MANUFACTURD GOODS
1,183.4
1,070.6
1,187.7
1,294.1
1,378.6
1,447.7
1,559.1
1,514.5
1,488.1
4,823.4
4,930.9
6,009.4
61
Leather & Dressd Skins
13.1
10.5
16.2
16.8
15.6
14.8
21.8
23.8
21.9
63.9
59.0
82.3
62
Rubber Manufactures...
14.4
12.1
13.7
16.5
16.8
13.8
16.2
16.4
16.8
55.5
59.1
63.2
63
Wood & Cork Manuf.....
12.9
11.1
12.9
13.4
14.4
12.3
14.3
13.5
12.8
55.3
51.6
52.9
64
Paper & Paperboard....
42.4
37.7
42.7
47.4
45.2
47.3
49.0
51.4
50.4
163.7
173.0
198.2
65
Textile Yarn & Fabrics
726.8
682.8
747.6
839.7
912.0
1,008.9
1,090.9
1,014.9
1,019.3
2,849.3
3,182.1
4,134.0
66
Mineral Manufactures..
96.1
76.5
92.4
103.7
107.6
97.9
96.1
96.8
93.3
379.5
380.2
383.9
67
Iron & Steel ..........
87.4
58.2
72.4
66.9
66.1
63.3
66.3
71.6
62.3
482.4
263.7
263.5
68
Nonferrous Metals.....
40.8
42.0
46.2
35.3
43.8
32.1
39.7
49.6
45.3
214.6
167.3
166.6
69
Metal Manufactures,NES
149.4
139.6
143.7
154.5
157.1
157.4
164.7
176.6
165.9
559.1
594.8
664.6
7
MACHINERY & EQUIPMENT.
194.6
180.7
186.8
210.3
231.4
212.5
262.1
294.6
306.1
768.2
809.2
1,075.3
71
Non-electric Machinery
79.6
67.5
70.4
80.7
84.5
77.5
86.6
92.4
88.2
332.1
303.1
344.6
72
Electrical Machinery..
85.5
75.7
92.9
104.5
109.8
103.2
130.0
152.3
146.5
332.1
382.9
532.0
73
Transport Equipment...
29.5
37.5
23.5
25.1
37.0
31.8
45.6
50.0
71.4
104.0
123.1
198.7
8
MISC MANUF ARTICLES...
1,048.6
998.1
1,060.3
1,256.3
1,186.0
1,334.8
1,455.2
1,571.2
1,432.5
4,113.4
4,500.7
5,793.8
81
Bldg Fixtures,F'ttings
17.8
14.5
16.0
14.5
18.5
15.3
17.9
18.0
18.1
69.2
63.5
69.2
82
Furniture .............
51.6
37.0
40.4
38.0
46.1
45.6
42.4
42.7
43.7
202.9
161.5
174.4
83
Travel Goods, Handbags
35.7
37.4
42.6
52.1
57.8
62.7
76.3
93.3
91.6
144.4
189.9
323.9
84
Clothing ..............
616.7
613.9
636.0
803.5
687.6
835.0
872.7
982.1
785.3
2,419.6
2,741.0
3,475.2
85
Footwear ..............
62.5
71.9
69.1
64.3
67.5
75.7
89.6
83.5
79.4
263.7
272.8
328.2
86
Precision Instruments.
44.8
30.8
39.2
45.3
50.0
40.4
50.5
50.9
58.5
144.5
165.3
200.4
89
Misc Manuf Artcles,NES
219.4
192.6
216.9
238.5
258.6
260.1
305.7
300.7
356.0
869.0
906.7
1,222.5
9
OTHER TRANSACTIONS....
471.9
270.9
410.8
408.5
535.1
305.2
274.3
347.0
342.4
1,362.1
1,625.3
1,268.9
91
Postal Packages.......
0.3
0.2
0.1
0.2
0.2
0.2
0.1
0.2
0.2
0.9
0.8
0.8
93
Special Transactions..
16.8
11.1
12.6
33.5
19.6
19.2
20.0
16.8
26.7
63.4
76.9
82.7
94
NES... ......
Animals
1.2
0.7
1.3
1.3
1.0
0.5
1.3
2.8
1.8
4.9
4.3
6.5
95
,
Military Firearms .....
451.9
255.2
394.1
372.2
514.1
283.8
249.9
324.5
311.7
1,289.1
1,535.6
1,170.0
96
Coins, Nonmonetary....
1.7
3.6
2.7
1.3
0.1
1.3
3.0
2.6
2.0
3.8
7.7
9.0
a/ Commodities are classified by the United Nations' Standard International Trade Classification, Revised. For a description of the
method used to estimate commodity data, see preface to China: International Trade, Annual Statistical Supplement, February 1982.
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- 10 -
0
FOOD & LIVE ANIMALS...
719.6
799.9
554.5
349.9
587.1
582.8
528.6
630.5
518.1
3,362.6
2,291.4
2,260.0
00
Live Animals ..........
0.6
0.5
0.7
0.3
0.7
0.9
0.7
1.1
1.2
2.6
2.2
3.9
01
Meat & Meat Preps.....
0.7
0.7
0.4
0.6
1.4
1.1
0.9
1.1
1.2
3.0
3.1
4.3
02
Dairy Prod & Eggs.....
8.0
3.0
2.9
2.7
4.5
2.3
10.0
5.4
7.8
45.4
13.1
25.6
03
Fish & Fish Preps.....
0.9
2.7
4.3
1.3
1.5
1.7
3.6
1.8
1.7
4.2
9.8
8.9
04
Cereals & Cerea' Preps
514.7
579.5
375.2
195.4
475.0
417.9
346.6
453.0
344.4
2,449.1
1,625.2
1,561.9
05
Fruits & Vegetables...
39.8
21.0
18.4
46.1
32.9
50.2
37.3
44.1
35.7
109.2
118.4
167.3
06
Sugar, 1-oney, & Preps.
118.7
161.9
115.3
70.2
33.6
73.0
88.3
82.5
72.7
628.6
380.9
316.5
07
Coffee, Tea, & Spices.
19.0
15.1
16.7
20.5
22.9
23.1
25.5
30.5
40.2
67.6
75.2
119.3
08
Animal Feedstuffs.....
15.2
13.9
17.9
10.2
11.5
9.8
10.8
8.1
9.6
42.8
53.5
38.3
09
Misc Food Preps.......
2.0
1.7
2.6
2.6
3.0
2.8
4.9
2.9
3.4
10.2
9.9
14.0
1
BEVERAGES & TOBACCO...
19.4
20.8
18.5
19.9
29.0
33.7
32.1
3.8.0
55.8
77.0
88.1
159.6
11
Beverages .............
3.8
4.5
6.7
5.6
8.4
11.3
9.5
8.8
11.7
12.1
25.3
41.3
12
Tobacco, Tobacco Manuf
15.6
16.3
11.7
14.3
20.5
22.4
22.6
29.2
44.1
64.9
62.8
118.3
2
CRUDE MATERIALS .......
511.8
465.7
613.1
640.9
645.0
553.0
521.2
573.4
800.8
2,447.2
2,364.0
2,448.4
21
Hides & Skins, Undrssd
6.4
5.3
5.6
1.9
2.3
1.5
2.6
14.8
15.9
24.5
15.1
34.8
22
Oilseeds, Oil Nuts....
3.5
7.5
20.1
13.5
4.1
2.8
2.8
1.9
2.6
80.8
45.2
10.1
23
Crude Rubber ..........
60.6
42.7
58.4
67.8
59.1
51.1
70.0
77.7
94.0
199.0
228.0
292.8
24
Wood, Lumber, & Cork..
84.2
74.8
79.6
156.2
143.6
117.4
106.6
100.4
150.9
351.4
454.2
475.4
25
Pulp & Waste Paper....
20.2
25.5
61.2
78.1
66.0
48.2
48.6
57.5
67.7
143.9
230.8
222.1
26
Textile Fibers ........
271.9
256.4
326.7
271.6
298.7
249.5
208.2
240.6
339.3
1,402.7
1,153.3
1,037.7
27
Crude Fertlzr & Minrls
23.1
13.0
19.3
10.8
17.7
15.6
23.8
22.9
30.9
61.9
60.8
93.2
28
Metalliferous Ores....
21.4
23.1
23.7
22.7
34.2
42.0
37.8
40.4
69.6
98.3
103.7
189.8
29
Crude Anml & Veg Matl.
20.6
17.5
18?.7
18.4
19.2
24.9
20.7
17.1
29.9
84.8
73.8
92.6
3
MINERAL FUELS & PROD..
48.7
42.1
40.7
41.7
65.2
63.5
49.1
54.7
73.2
180.4
189.7
240.5
32
Coal, Coke,& Briquetts
31.2
25.3
27.0
24.3
31.5
34.1
30.7
32.9
49.6
130.1
108.2
147.3
33
Petroleum & Petro Prod
10.2
11.0
11.9
10.6
24.8
16.9
10.8
13.6
10.2
31.6
58.4
51.6
34
Gas, Natural & Manuf..
0.1
0.2
0.2
0.2
0.2
0.3
0.2
0.3
0.3
0.4
0.7
1.1
35
Electric Energy.......
7.1
5.7
1.6
6.6
8.6
12.2
7.3
7.9
13.2
18.4
22.4
40.6
4
ANML & VEG OILS & FATS
13.7
16.6
35.0
32.9
12.2
16.6
19.2
22.2
33.2
88.2
96.7
91.3
41
Animal Oils & Fats....
1.1
4.7
3.6
1.3
3.5
7.3
5.8
4.4
5.6
27. 1
11.0
23.1
42
Fixed Veg Oils & Fats.
10.6
11.3
28.3
28.1
8.0
8.8
12.9
16.9
26.5
51.1
75.7
65.0
43
Processed Oils & Fats.
2.0
0.6
3.1
3.5
0.7
0.5
0.6
1.0
1.2
10.0
8.0
3.2
5
CHEMICALS .............
524.9
521.8
522.3
580.0
611.0
730.3
620.9
733.4
846.0
2,169.9
2,235.0
2,930.6
51
Elements & Compounds..
119.5
113.1
131.6
142.4
188.5
177.3
135.7
139.2
137.1
520.8
575.5
589.3
52
Mineral Tar ...........
0.0
0.7
2.4
2.4
1.5
1.9
1.1
0.7
1.7
0.8
7.0
5.4
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--CONTINUED
CHINA: IMPORTS, FOE, BY COMMODITY a/
53 Dyestuffs & Paints.... 24.2
54 Medicinal & Pharm Prod 9.1
55 Essential Oils & Soaps 4.5
56 Fertilizers, Manuf.... 147.5
57 Explosives & Prod..... 0.3
58 Plastic Matl & Resins. 155.6
59 Chem Matl & Prod, NES. 64.2
6 SEMI-MANUFACTURD GOODS 1,228.1
61 Leather & Dressd Skins 36.5
62 Rubber Manufactures.:. 3.8
63 Wood & Cork Manuf..... 8.5
64 Paper & Paperboard.... 49.4
65 Textile Yarn & Fabrics 238.4
66 Mineral Manufactures.. 50.7
67 Iron & Steel .......... 611.3
68 Nonferrous Metals..... 187.0
69 Metal Manufactures,NES 42.6
7 MACHINERY & EQUIPMENT. 889.0
71 Non-electric Machinery 398.5
72 Electrical Machinery.. 202.7
73 Transport Equipment... 287.8
8 MISC MANUF ARTICLES... 178.1
81 Bldg Fixtures,Fittings 2.7
82 Furniture ............. 2.6
83 Travel Goods. Handbags 0.3
84 Clothing .............. 13.2
85 Footwear .............. 0.6
86 Precision Instruments. 98.3
89 Misc Manuf Artcles,NES 60.5
9 OTHER TRANSACTIONS.... 49.0
91 Postal Packages ....... 0.0
93 Special Transactions.. 47.9
94 Animals, NES .......... 0.9
95 Military Firearms..... 0.1
96 Coins, Nonmonetary.... 0.0
21.6 41.7 33.8 19.9
8.2 7.7 14.6 12.5
11.5 5.6 12.6 9.8
187.2 123.3 123.8 134.8
0.3 0.1 0.3 0.1
114.6 136.8 172.2 151.6
64.5 73.2 77.9 92.2
1,066.6 1,485.2 1,484.7 1,680.4
28.9 29.2 30.1 22.1
2.8 3.4 4.0 6.0
9.4 9.6
31.3 39.4
204.7 243.6
37.6 45.8
561.6 896.2
148.1 180.0
42.1 37.9
9.7 5.6
56.6 49.3
258.3 301.8
55.0 56.7
855.3 1,003.8
161.5 176.6
54.2 58.3
860.4 953.2
393.2 404.8
210.8 272.0
256.4 276.4
168.6 190.1
2.3 2.5
2.2 3.6
0.3 0.3
10.3 13.5
0.5 0.4
68.0 94.2
85.0 75.7
49.1 54.1
0.0 0.0
48.1 53.5
0.1 0.2
0.0 0.0
0.8 0.4
979.1 1,465.4
427.7 588.2
316.5 390.0
234.9 487.2
240.4 297.6
2.5 4.6
3.8 4.3
0.5 1.1
15.0 22.5
0.4 0.7
111.2 133.2
106.9 131.2
43.1 57.4
0.0 0.0
43.0 56.7
0.0 0.6
0.0 0. 1
0.1 0.0
17.6 19.8 20.5 28.4
14.5 12.7 14.1 20.5
15.2 9.0 16.0 10.5
17.2.5 131.3 179.6 216.7
0.3 0.1 0.2 1.1
242.5 236.2 302.9 351.2
88.5 74.9 60.2 78.8
1,391.5 1,622.5 1,864.4 2,323.7
23.9 26.9 37.1 47.8
7.1 6.0 6.0 8.4
9.5 8.6 9.5 13.2
49.7 61.2 62.6 72.0
321.2 355.3 399.0 480.6
35.4 41.6 51.2 61.5
832.2 846.2 1,051.6 1,288.1
62.6 219.8 171.3 258.1
49.8 56.9 76.0 94.1
1,271.3 1,568.9 1,983.7 3,084.0
563.5 697.5 842.0 1,198.3
385.6 469.1 557.6 831.8
322.3 402.2 584.1 1,053.9
251.0 351.9 408.7 595.7
3.2 4.9 6.9 9.0
3.9 6.3 7.7 7.9
0.6 1.0 0.9 1.0
16.6 20.6 26.8 26.7
0.6 1.1 1.0 1.2
100.6 166.0 178.9 262.1
125.4 152.1 186.5 287.7
56.5 48.7 64.8 83.1
0.0 0.0 0.0 0.0
56.0 48.5 64.4 82.5
0.3 0.1 0.2 0.5
0.0 0.0 0.0 0.0
0.2 0.1 0.1 0.1
140.9 117.1 86.2
34.0 43.0 61.9
22.1 39.5 50.7
621.9 569.1 700.2
1.0 0.7 1.7
633.9 575.1 1,132.9
194.6 307.8 302.4
4,216.3 5,716.7 7,202.0
158.5 110.4 135.7
12.7 16.3 27.5
48.3 34.3 41.0
167.3 176.6 245.5
1,154.2 1,008.4 1,556.1
175.2 195.1 189.6
1,878.5 3,316.9 4,018.0
452.1 666.2 711.9
169.5 192.5 276.8
3,325.4 4,258.1 7,907.9
1,506.0 1,813.9 3,301.3
801.8 1,189.4 2,244.1
1,017.6 1,254.8 2,362.5
670.8 896.7 1,607.2
7.9 12.0 24.1
8.5 13.9 25.7
1.2 2.1 3.5
50.3 61.3 90.7
1.7 2.0 3.9
315.8 406.6 707.5
285.4 398.8 751.7
148.1 203.7 253.2
0.1 0.1 0.1
145.8 201.2 251.3
1.1 1.0 1.2
0.3 0.2 0.1
0.9 1.3 0.5
a/ Commodities are classified by the United Nations' Standard International Trade Classification, Revised. For a description of the
method used to estimate commodity data, see preface to China: International Trade. Annual Statistical Supplement, February 1982.
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SUBJECT: China's Foreign Ttade: Patterns and Prospects
Distribution
Department of Treasury
1 - Douglas Mulholland, Special Assistant Secretary for
National Security, Room 4326 (Main Treasury)
1 - Mary Yee, Office of East-West Economic Policy, Room 4426
Central Intelligence Agency
Original - Requestor
1 - Executive Director (7E12)
1 - DDI (7E44)
1 - NIO/EA (7E62)
1 - C/EA/RR (5D10)
1 - C/PES (7F24)
1 - PDB Staff (7F30)
1 - CPAS/ILS (7G50)
5 - CPAS/IMC/CB (7G07)
1 - D/OEA (4F18)
1 - Research Director (4G48)
2 - C/China Div (4G32)
1 - C/China/FOR (4G32)
1 - C/China/DEF (4G32)
1 - C/China/DEV (4G32)
1 - C/China/DOM (4G32)
2 - OCR/ISG (1H19)
1 - C/EA/CORR (5D38)
1 - FBIS/NEAD/CE (304 Key Bldg)
1 - C/EA/RR (7E10)
1 - C/DO/PPS (3D01)
OEA/China/Devl 131 May 1985
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