China's International Trade Data

date of issue:2020-02-18     Source: Agrow
International trade data by country is used to observe the total scale of a country's foreign trade. According to China's regulations, the export goods shall be counted according to the FOB price, and the import goods shall be counted according to the CIF price.

China's international trade data by country include: actual import and export goods in foreign trade, imported materials processing and assembling import and export goods, free aid materials and gifts from countries, United Nations and international organizations, donations from overseas Chinese, compatriots in Hong Kong, Macao and Taiwan and foreign Chinese, leased goods owned by the lessee at the end of the lease period, imported materials processing import and export goods, border local trade and small trade import and export goods in border areas( Import and export goods and public goods of Sino foreign joint ventures, Sino foreign cooperative enterprises and wholly foreign-owned enterprises, import and export samples and advertising goods with CIF and FOB prices above the prescribed limit (excluding those without commercial value, use value or free export), import goods sold in China from bonded warehouses and other imports Data on exports.

At present, China has officially introduced relevant policies to support the development of big data industry. At this stage, international trade data by country has become an indispensable part of the external trade ecological chain. Using big data analysis means to continuously explore new business opportunities from international trade data of various countries is the new posture of foreign trade to promote trade in the information age.
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