Selling of goods and
services from home country to other country markets in international trade is
referred as exports. The party who does exports is known as exporter. China is the country which exports large
amount of manufactured goods than any other country in the world. It is the
largest exporting country and 2nd largest importing country in the world. China
has nearly INR24 trillion foreign exchange reserves which is largely derived from
exports. It is the top country in forex reserves.
Exports in China
increased from $. 1.9 trillion in April to $. 1.9 trillion in May 2014. It
reaches all time high. The major exports from china are electro mechanical
products. China exporters do more exports of labour-intensive products like
clothing, foot wear, furniture, textiles, bags, plastic products and toys.
Nowadays they started exporting hig-tech products also. Main partners of Chinaexporters are Europe Union, USA, Japan, South Korea and ASEAN.
At the same time imports
in China declined from INR6.7 trillion to INR6.5 trillion in May 2014. This shows
that their balance of payment is always in positive position. China is one of the biggest consumers of commodities among all other countries in
the world. Among all other commodities the country consume crude oil the most.
China importers do more imports on iron ore, copper, aluminium, and soyabeans.
And the country's main import partners are ASEAN, Japan, European Union, Taiwan
and South Korea.
Successful china importers and exporters are doing trade in all major b2b marketplaces
worldwide. They do trade through many b2b portals like Bizbilla. Bizbilla is
online b2b marketplace which has a very huge database of importers and
exporters directory. Importing and exporting with China traders will be more
easier through Bizbilla.com.
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