What was China's Exports of goods and services (% of GDP) in 2024?

In 2024, China's Exports of goods and services (% of GDP) was 20.02, according to World Bank Open Data.

Is China's Exports of goods and services (% of GDP) rising or falling?

China's Exports of goods and services (% of GDP) rose 4.8% from 2023 to 2024.

How does China rank globally on Exports of goods and services (% of GDP)?

In 2024, China ranked #130 out of 160 countries reporting Exports of goods and services (% of GDP).

How does China's Exports of goods and services (% of GDP) compare to the world average?

The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so China is below the world average. Within East Asia & Pacific, it ranks #21 of 24.

China: Exports of goods and services (% of GDP)

Name: China: Exports of goods and services (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2024, China's Exports of goods and services (% of GDP) was 20.02.

That's up 4.8% from 2023, the highest value since 2022.

The global average for this indicator in 2024 was 44.26 . China ranks #130 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #21 of 24.

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2022 · Russia–Ukraine war begins

Highlights

Peak: 35.53; 2006
Trough: 18.06; 2019
1-year change: +4.8%
5-year change: +10.9%; +2.1% / yr
10-year change: -13.2%; -1.4% / yr

Historical Data — Last 10 Years

Year	Exports of goods and services (% of GDP)
2024	20.0229
2023	19.1025
2022	20.2977
2021	19.5262
2020	18.2036
2019	18.0557
2018	18.7705
2017	19.3356
2016	19.2037
2015	20.9391

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZS • Category: Economy

Frequently asked questions

What was China's Exports of goods and services (% of GDP) in 2024?: In 2024, China's Exports of goods and services (% of GDP) was 20.02, according to World Bank Open Data.
Is China's Exports of goods and services (% of GDP) rising or falling?: China's Exports of goods and services (% of GDP) rose 4.8% from 2023 to 2024.
How does China rank globally on Exports of goods and services (% of GDP)?: In 2024, China ranked #130 out of 160 countries reporting Exports of goods and services (% of GDP).
How does China's Exports of goods and services (% of GDP) compare to the world average?: The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so China is below the world average. Within East Asia & Pacific, it ranks #21 of 24.
What is Exports of goods and services (% of GDP) and how is it measured?: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.