Higreenpanda

China’s imports in the first seven months of 2025 reveal shifts in demand across consumer goods and high-tech inputs, providing insights for global exporters about emerging opportunities.

Overall Import Performance

China’s goods imports reached 10.39 trillion yuan ($1.45 trillion), with a year-on-year decline of 1.6%. Despite negative headline growth, underlying demand showed resilience supported by policies targeting industrial upgrading and domestic consumption.

Imports by Major Trading Partners

  • Belt and Road countries: $772 billion (largest supplier)
  • ASEAN: $220 billion (second largest partner)
  • European Union: $149 billion
  • South Korea: $102 billion
  • Japan: $89 billion
  • United States: $86 billion

Top Product Categories

  • Integrated circuits: $228 billion (largest import item)
  • Crude oil: $171 billion
  • Automatic data processing equipment: $56 billion
  • Grains and natural gas: $32 billion each
  • Automobiles: $14 billion

Implications for Global Business

Three key strategic implications:

  1. Continued high-tech imports: Despite accelerated domestic substitution, foreign suppliers of critical technologies and components will remain integrated in supply chains
  2. Growth in consumer-oriented imports: Domestic demand becomes a more reliable growth driver
  3. Increasing weight of ASEAN and Belt and Road economies: Competitive advantage will depend on positioning within regional value chains

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