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yan - 2015-06-28

China’s Top 10 Exports

The following export product groups represent the highest dollar value in Chinese global shipments during 2014. Also shown is the percentage share each export category represents in terms of China’s overall exports.

Electronic equipment: US$571,045,520,000 (24.4% of total exports)

Machines, engines, pumps: $400,910,983,000 (17.1%)

Furniture, lighting, signs: $93,390,874,000 (4.0%)

Knit or crochet clothing: $92,002,609,000 (3.9%)

Clothing (not knit or crochet): $81,453,227,000 (3.5%)

Medical, technical equipment: $74,020,496,000 (3.2%)

Plastics: $66,816,299,000 (2.9%)

Vehicles: $64,243,754,000 (2.7%)

Gems, precious metals, coins: $63,212,400,000 (2.7%)

Iron or steel products: $60,685,405,000 (2.6%)

Some of the industries supporting these exports, such as manufacturing electronic equipment and producing clothing, are labor intensive. This may explain why China’s unemployment rate was just 4.1% in 2014 — compared to the estimated 9% global average.

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