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Home > News > Industry Activities > China’s export to taking 13% of global market share

China’s export to taking 13% of global market share

By CFM , 2016-01-18 09:42:45

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On January 11, 2016, the Ministry of Commerce of the People’s Republic of China has arranged the press to give responses of question, which suggested that China’s foreign trade in the former 11 months performed in a weak manner. It was confirmed that China’s foreign trade in 2015 has handed in a nice report, maintaining the place of being the largest export nation and the largest trade nation in the world. In the former 11 months in 2015, the global market share that China’s export took increased from 12.4% to 13%.

Based on the statistics offered by IMF, WB and WTO, etc, in the former 9 months of 2015, global trade has been suffered from the decrease with the largest decreasing rate besides the year of 2009. 70 major economic entities had confronted with the negative growth in the aspect of import while these entities also had their export decreased. According to the monthly statistical inference from WTO, the export value of global trade in the former 9 months decreased by 11.1%, among which USA decreased by 6.2%; EU decreased by 12.8%; Japan, 9.2%; South Korea, 6.6%; India, 16.6%; South Africa, 7.9%; and Brazil, 16.8%.

In 2015, China’s foreign trade structure moved forward towards optimization. In the former 11 months, the railway equipments, electricity equipments and communication equipments from China entered the middle-and-high-end markets in EU and USA with an export increase of over 10%. China’s export to ASEAN countries increased with a rate of 3%. It was worth noting that increasing rate of cross-border E-commerce exceeded 30% and the marketing purchases exceeded 70%, boosting a large share of SMEs to export.

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