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Import Trade Values by Commodity 2022

Import Trade Values by Commodity 2022 Jan–Dec (USD)

Import Trade Values by Commodity 2022 Overview​

Analytical Summary

The January–December 2022 data show an import structure dominated by mechanical and electrical products, high-technology components, energy commodities, and essential agricultural inputs. General trade remained the principal channel for goods serving domestic consumption, while processing trade and bonded logistics were particularly important for electronics, semiconductors, pharmaceuticals, and other manufacturing inputs.

Mechanical and electrical products were the largest reported commodity group, with combined imports of approximately USD 1.05 trillion across all trade modes. General trade accounted for about 43.2%, processing trade for 31.6%, and bonded logistics for 24.0%. Despite its scale, the category contracted across every trade mode: values declined 8.5% under general trade, 9.1% under processing trade, 4.2% through bonded logistics, and 36.1% under other trade. This indicates broad weakness in technology and manufacturing-related import demand during 2022.

High-tech product imports totaled approximately USD 763.5 billion. Processing trade was the largest channel at roughly 35.0%, followed by general trade at 34.5% and bonded logistics at 29.3%. Values declined across all channels, including 12.4% under processing trade and 6.5% under general trade. Because high-tech products overlap substantially with mechanical and electrical products, the two category totals should not be added together.

Integrated circuits were the largest individual imported commodity, reaching approximately USD 415.6 billion. Processing trade accounted for 43.7% of the total, bonded logistics for 29.1%, and general trade for 27.1%. Import quantities declined sharply across the three principal channels, while values fell more moderately. This divergence suggests that average semiconductor unit values remained comparatively high despite weaker physical demand. Other-trade integrated-circuit imports increased from a small base, with value rising 61.0%.

Integrated circuits were the largest individual imported commodity, reaching approximately USD 415.6 billion. Processing trade accounted for 43.7% of the total, bonded logistics for 29.1%, and general trade for 27.1%. Import quantities declined sharply across the three principal channels, while values fell more moderately. This divergence suggests that average semiconductor unit values remained comparatively high despite weaker physical demand. Other-trade integrated-circuit imports increased from a small base, with value rising 61.0%.

Automatic data-processing equipment and parts generated approximately USD 57.2 billion in imports. Bonded logistics represented 45.7% of the total, confirming the importance of bonded zones for technology inventory, component consolidation, and regional distribution. Nevertheless, import values declined under general trade, processing trade, and bonded logistics by 17.0%, 22.6%, and 9.7%, respectively.

Agricultural-product imports totaled approximately USD 236.1 billion, of which general trade represented 88.6%. General-trade agricultural imports increased 9.4%, while processing-trade and bonded-logistics values declined. Grain was the largest listed agricultural commodity at approximately USD 82.6 billion, followed by soybeans at USD 61.2 billion and meat at USD 31.7 billion.

Agricultural import values often increased despite lower physical volumes. General-trade grain quantity declined 8.2%, but value rose 13.6%. Soybean quantity fell 3.6%, while value increased 17.2%. Meat volume decreased 18.7%, but value increased 1.8%. These patterns indicate substantial price inflation and higher average import costs during 2022.

Edible vegetable oil showed broad volume weakness. General-trade quantity declined 39.7% and value fell 20.9%. Bonded-logistics value nevertheless rose 19.7%, while other-trade imports increased exceptionally rapidly from a very small base. Fertilizer imports displayed an even stronger price effect: general-trade quantity rose only 1.7%, but value increased 84.7%, while bonded-logistics value grew 122.1%.

Energy commodities were major contributors to import value growth. Crude-oil imports reached approximately USD 365.5 billion, making crude oil the second-largest listed individual commodity after integrated circuits. Import quantities were broadly stable or slightly lower, but values increased by 42.2% under general trade, 41.9% under processing trade, and 37.5% through bonded logistics. The result primarily reflects substantially higher average crude-oil prices rather than greater physical demand.

Natural-gas imports totaled approximately USD 70.0 billion and were overwhelmingly concentrated in general trade. General-trade quantity declined 10.5%, while value increased 23.9%, again indicating a strong price effect. Bonded-logistics natural-gas value rose 143.2% from a smaller base.

Coal imports followed a similar pattern. General-trade quantity declined 13.1%, but value increased 11.1%. Bonded-logistics coal value expanded 532.3%, while other-trade value rose 127.4%. Although these channels remained much smaller than general trade, their growth suggests increased use of alternative customs arrangements and inventory channels during a period of energy-market volatility.

Iron-ore imports totaled approximately USD 128.1 billion. General-trade quantity increased marginally by 0.5%, but value fell 28.6%, indicating a substantial decline in average prices. Bonded-logistics iron-ore imports also decreased sharply in both quantity and value. This contrasts directly with energy imports, where prices raised import values despite flat or declining volumes.

Copper ores and concentrates reached approximately USD 56.3 billion. General-trade quantity rose 6.7%, while value declined 1.6%; processing-trade quantity increased 17.5% and value rose 7.1%. The slower growth in value than quantity suggests lower average import prices. Unwrought copper and copper-product imports totaled approximately USD 54.3 billion, with notable growth through bonded logistics despite declines under general trade.

Traditional industrial materials generally weakened. Imports of plastics in primary forms declined across most trade modes, with total value of approximately USD 56.2 billion. Steel-product import quantities fell sharply under general and processing trade, while textile import values declined across all channels. Logs and sawn timber also contracted significantly, consistent with softer construction, property-related, and conventional manufacturing activity.

Wood pulp was an exception within traditional industrial materials. General-trade value increased 10.3% despite a 2.5% decline in quantity, while processing-trade value rose 47.0%. This indicates higher average pulp prices and continued demand from paper, packaging, and consumer-goods industries.

Medicinal materials and medicines totaled approximately USD 42.7 billion. Bonded logistics accounted for 65.3% of the total and increased 8.9%, while general- and processing-trade values declined. The heavy bonded-logistics concentration is consistent with regulated warehousing, specialized distribution, and centralized pharmaceutical supply chains.

Consumer-related imports were subdued. Beauty, cosmetics, and personal-care products totaled approximately USD 22.4 billion, but values declined under general trade, bonded logistics, and other trade. Motor-vehicle imports reached approximately USD 53.2 billion. General-trade vehicle value fell 12.2%, although bonded-logistics value more than doubled, indicating a shift in inventory location or customs treatment rather than uniform growth in final domestic demand. Auto-parts imports declined across all trade modes.

Key Metrics (Number + Title)

  • USD 1.05 trillionMechanical & Electrical Products Import Value (largest reported commodity group)
  • USD 763.5 billionHigh-Tech Products Import Value (approximately 35.0% conducted through processing trade)
  • USD 415.6 billionIntegrated Circuits Import Value (largest individual imported commodity)
  • USD 365.5 billionCrude Oil Import Value (values increased by more than 37% across the main trade modes)
  • USD 236.1 billionAgricultural Products Import Value (approximately 88.6% conducted through general trade)
  • USD 128.1 billionIron Ore Import Value (general-trade value declined 28.6% despite stable volume)
  • USD 82.6 billionGrain Import Value (value increased despite lower import quantities)
  • USD 70.0 billionNatural Gas Import Value (general-trade value rose 23.9% while volume fell 10.5%)
  • 43.7%Processing-Trade Share of Integrated Circuit Imports (the dominant channel for semiconductor imports)
  • 42.2%Growth in General-Trade Crude Oil Import Value (primarily reflecting higher global energy prices)
2025 Major Import Commodities by Trade Mode

Major Import Commodities by Trade Mode

January–December 2022
Value unit: USD thousand
Quantity units shown by product
Product Unit General Trade Processing Trade Bonded Logistics Other Trade
QuantityValue (USD ’000) QuantityValue (USD ’000) QuantityValue (USD ’000) QuantityValue (USD ’000)
Agricultural products* 209,091,934.4300000076,841,950.87618,923,503.8841,200,040.86
YoY change 9.4%-6.1%-7.4%15.9%
Meat (including offal) 10,000 tons 706.441546630,345,105.45411.4639394277,054.24322.29387431,111,464.7710.19132313,478.347
YoY change -18.7%1.8%-11.9%-7.5%-60.1%-45.6%-56.6%-60.8%
Fresh & dried fruits/melons and nuts 10,000 tons 705.744246114,111,956.4075.4207724362,345.23319.0455479887,857.91923.1080336285,688.317
YoY change -6.7%5.6%-63.4%-60.2%15.0%16.4%-10.3%33.5%
Grain 10,000 tons 13,620.887848177,503,971.979000002329.46964241,514,744.445666.70067883,328,387.14370.1065331298,844.748
YoY change -8.2%13.6%-31.6%-23.3%-38.1%-25.3%30.4%71.3%
Soybeans 10,000 tons 8,665.078976758,327,332.259000003121.549733825,225.612278.58043981,877,975.95242.9335421205,454.038
YoY change -3.6%17.2%-39.0%-28.8%-35.4%-24.0%32.4%79.4%
Edible vegetable oil 10,000 tons 578.26236098,011,619.7123.121149851,240.04563.2181942863,181.2463.547265349,452.713
YoY change -39.7%-20.9%-29.9%-11.2%-14.1%19.7%671.2%759.6%
Iron ores and concentrates 10,000 tons 100,822.2276238116,404,767.78785.1717741132,096.2599,283.765594411,163,313.175000001495.2610446396,453.239
YoY change 0.5%-28.6%61.7%27.2%-16.7%-38.8%-41.8%-54.1%
Copper ores and concentrates 10,000 tons 1,516.124527133,117,932.565000001631.009483714,872,747.409379.33043328,330,248.8380.59586477,537.936
YoY change 6.7%-1.6%17.5%7.1%-0.7%-11.9%302.3%116.8%
Coal and lignite 10,000 tons 27,014.654785938,522,116.57741.611763,956.561434.45016511,172,818.2611,829.72633742,856,584.834
YoY change -13.1%11.1%-5.7%34.1%445.2%532.3%66.3%127.4%
Crude oil 10,000 tons 39,458.3092256285,341,913.5550000072,396.663464317,856,707.0098,972.631893162,313,396.9930000010.0000241.994
YoY change -0.4%42.2%-5.6%41.9%-1.6%37.5%
Refined oil products 10,000 tons 1,520.302140712,305,156.9590000018.6710107127,651.6091,115.97858837,170,467.8250.04159431,312.217
YoY change 6.5%26.2%-25.6%-1.9%-12.2%5.0%-92.2%-77.5%
Natural gas 10,000 tons 10,717.955881967,965,461.758000001202.42594142,039,818.6734.387890613,528.673
YoY change -10.5%23.9%48.8%143.2%-61.3%-25.4%
Rare earths tons 96,250.304896,044.254756.893,810.2574,318.663144,963.76420,161.301493,978.071
YoY change 9.1%22.4%39.4%76.6%-59.8%26.2%-9.2%-1.4%
Medicinal materials and medicines tons 205,393.66912,801,963.67600000110,083.4911,373,635.9970,140.97327,873,794.0170000015,478.848691,604.94
YoY change 43.9%-23.6%-0.3%-21.8%2.8%8.9%14.7%20.1%
Fertilizers 10,000 tons 672.34128263,668,318.8890.0000161.13102.8470802585,210.182118.4968615660,347.613
YoY change 1.7%84.7%-100.0%-99.8%21.7%122.1%-27.4%36.4%
Beauty, cosmetics, and personal care products tons 252,087.12310,804,508.9456,639.448168,092.077155,077.9599,465,139.4619999994,180.4851,930,485.752
YoY change -14.3%-14.4%-17.4%19.6%-5.7%-3.1%-42.1%-18.2%
Plastics in primary forms 10,000 tons 2,350.480933841,723,917.653999999458.0407729,241,893.384248.33662385,150,776.6420.953245237,601.836
YoY change -8.2%-5.0%-22.2%-22.9%1.4%-0.4%-37.3%-30.1%
Natural and synthetic rubber (including latex) 10,000 tons 429.01034727,465,762.35124.45318452,259,075.431179.67653253,194,922.3932.840155434,972.098
YoY change 4.8%3.2%-15.3%-18.1%54.0%54.0%-28.8%-40.7%
Logs and sawn timber 10,000 m³ 6,385.731214,828,117.18158.0206196,040.108100.1382238,418.414473.1172799,207.71
YoY change -20.6%-15.1%-3.3%1.8%-36.9%-30.6%-49.9%-45.0%
Wood pulp 10,000 tons 2,262.206367117,486,867.881999999362.91879812,529,226.173289.56424762,320,686.2631.654324412,636.925
YoY change -2.5%10.3%28.8%47.0%-20.1%-5.3%-58.5%-55.4%
Textile yarns, fabrics and articles 7,179,931.0083,681,195.412973,642.81854,037.836
YoY change -27.8%-20.6%-10.2%-2.8%
Steel products 10,000 tons 794.760064612,408,636.545231.98744543,754,244.30229.0140768884,981.3890.883984740,478.765
YoY change -27.6%-7.9%-22.7%-13.0%3.1%-1.4%28.7%13.4%
Unwrought copper and copper products tons 3,776,089.34733,950,067.348999999727,971.7947,443,615.9411,343,902.20912,698,743.73722,916.27214,163.798
YoY change -4.4%-7.0%1.2%-1.1%57.9%51.9%165.2%179.8%
Mechanical & electrical products* 451,655,340.660000026330,851,004.388999999250,834,915.45899999112,510,995.444
YoY change -8.5%-9.1%-4.2%-36.1%
Machine tools units 71,4526,429,033.2646,89912,052.1810,589504,434.0962,845213,643.098
YoY change -19.8%-13.6%79.2%82.7%-0.8%-2.4%-23.3%-20.5%
Automatic data processing equipment and parts 17,284,654.04613,522,141.65200000126,153,962.179000001215,383.536
YoY change -17.0%-22.6%-9.7%16.8%
Diodes and similar semiconductor devices 100 million units 1,790.3948101812,757,973.1300000012,925.498988768,390,222.2310000011,265.890988238,046,059.5123.8615828756,436.646
YoY change -24.8%-0.6%-14.3%-5.4%-25.3%1.8%-35.7%-31.9%
Integrated circuits 100 million units 2,246.02450782112,476,915.2709999982,311.93114719181,733,201.407000005818.80602475120,762,714.1860000047.19039174606,156.993
YoY change -18.9%-3.6%-11.5%-4.6%-15.6%-3.2%40.1%61.0%
Motor vehicles (including chassis) 10,000 vehicles 74.668342,914,934.5150000010.097367,405.19312.898410,214,823.6750000010.117541,459.243
YoY change -14.5%-12.2%71.9%52.4%101.2%105.8%-0.7%-6.8%
Auto parts 27,448,041.1629999992,572,568.8331,237,996.39238,027.89
YoY change -16.8%-22.2%-3.8%-33.8%
Aircraft with empty weight > 2 tons aircraft 20628,447.568101,137,194.881046,326,251.57410312,075.362
YoY change -35.5%22.9%-63.0%-49.4%-14.8%-5.3%-44.4%-58.5%
LCD flat panel display modules 10,000 units 59,074.21592,102,554.88680,334.11810,355,679.27212,158.83782,666,967.211103.901111,947.644
YoY change
Medical instruments and apparatus 6,819,556.251278,939.3967,234,987.67739,030.775
YoY change -15.2%-16.7%1.2%-3.8%
High-tech products* 263,296,540.453000009266,870,900.006000012223,697,012.7290000029,600,594.069
YoY change -6.5%-12.4%-5.0%-38.2%
Import Trade Values by Commodity 2022

Notes:
1) Shaded entries indicate the cumulative year-on-year comparison vs the same period last year.

2) “Processing Trade” refers to the sum of “Processing with supplied materials” and “Processing with imported materials” (Table 5; same below). “Bonded Logistics” includes “Goods entering/leaving bonded customs supervision sites” and “Logistics goods in special customs supervision areas.” “Other Trade” is the total of all trade modes not listed above.

3) Product items are consistent with the key imported commodities table in the Customs Statistics Bulletin. For HS code coverage, see the “Statistics” section of China Customs (www.customs.gov.cn).

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