China Trade

China's methanol market is expected to remain volatile during the week of May 19-25, 2025, driven by a mix of bullish and bearish factors, with regional divergence likely.

China imported 5.7 tonnes of dichloromethane in March 2025, marking a year-on-year increase of 2.3%. Exports during the same period reached 27,173.3 tonnes, up 4.8% year-on-year.

In March 2025, China's urea trade showed a sharp divergence between imports and exports, reflecting shifting dynamics in domestic supply and global demand.

The tariff rate will be adjusted from 34% to 10%, and the 24% additional tariff rate on the United States will be suspended within 90 days.

The 'reciprocal tariffs' on Chinese goods will be reduced to 10%, and the tax rates for 'small-value imports' will be lowered.

As needed, both sides can conduct working-level consultations on relevant economic and trade issues.

High-level China-U.S. economic and trade talks were held in Geneva, Switzerland, from May 10 to 11.

Total Value of Imports and Exports by Major Countries and Regions - April 2025

According to data released by China Customs, the total value of China's goods trade in the first four months of 2025 reached RMB 14.14 trillion, an increase of 2.4% year-on-year (YoY).

Effective May 7, 2025, China will impose anti-dumping duties on imports of cypermethrin originating from India

The services trade deficit stood at RMB 303.88 billion, narrowing by RMB 24.46 billion compared to the same period last year.

According to the Framework Agreement, both sides will work together to promote the development of manufacturing and the transformation and upgrading of agriculture in African countries

In recent years, economic and trade cooperation between China and Cambodia has deepened significantly, with industrial and supply chains of both nations becoming increasingly integrated.

Kenya, China's comprehensive strategic partner in Africa and a key participant in the Belt and Road Initiative, continues to deepen its trade ties with China.

The 34th Harbin International Economic and Trade Fair is set to take place from May 17 to 21, 2025, at the Harbin International Convention and Exhibition Center.

On April 17, the 9th Meeting of the China-Georgia Intergovernmental Commission on Economic and Trade Cooperation was held in Tbilisi.

On April 16, China and Azerbaijan convened the 10th session of the China-Azerbaijan Intergovernmental Committee on Economic and Trade Cooperation in Baku.

In February 2025, China's total imports of silica gel amounted to $1,062,352, representing a month-on-month decrease of 10.90%. Exports reached $7,144,570, marking a month-on-month decrease of 38.70%.

In February 2025, China's total imports of polycarbonate amounted to $178,603,726, representing a month-on-month increase of 27.64%. Exports reached $94,247,953, marking a year-on-year increase of 47.24%.

During Kyrgyz President Sadyr Japarov's recent state visit to China, the two countries signed a Joint Statement on Launching Negotiations for the China-Kyrgyzstan Service Trade and Investment Agreement.

According to customs data, China's total goods trade value in the first two months of 2025 reached RMB 6.54 trillion, down 1.2% year-on-year.

Customs General Administration Announcement No. 20 of 2025 (Announcement on the Implementation of Mutual Recognition of 'Authorized Economic Operators' (AEO) between China and Burundi)

According to statistics, 432 AEO-certified enterprises under Guangzhou Customs currently conduct import and export trade with Thailand.

On February 11, the China-Kazakhstan Business and Trade Meeting was held in Astana.

According to the Buenos Aires Economic Express, Argentina's Ministry of Foreign Affairs has officially announced the entry into force of the Argentina-China Double Taxation Avoidance Agreement.

In December 2024, China's total import and export value reached $566.42 billion, representing a month-on-month increase of 7.5% and a year-on-year growth of 6.5%.

The China-Maldives Free Trade Agreement (FTA) will officially take effect on January 1, 2025, enabling over 95% of traded goods between the two countries to eventually benefit from zero tariffs.

In the first 11 months of 2024, the total value of China's foreign trade of goods (hereinafter the same) was 39.79 trillion yuan.

In October 2024, China's total imports of titanium white amounted to $14,716,547, representing a month-on-month decrease of 3.36%. Exports reached $62,603,940, marking a month-on-month decrease of 2.83%.

In October 2024, China's total imports of benzyl alcohol amounted to $209,721, representing a year-on-year decrease of 34.86%. Exports reached $6,323,172, marking a year-on-year increase of 80.77%.