China provided US$228.1 billion worth of export services to clients around the globe during 2017. That dollar amount is 4.3% of the global total for services, and represents about one-tenth (10.1%) of the $2.263 trillion in exported products China shipped over the same timeframe.
China’s exported services increased in value by 10.8% since 2013 and appreciated 8.9% from 2016 to 2017.
China’s Export Services by Category
Below are services exported by China in 2017 listed by category and in order starting with highest dollar values. Eleven of these categories are considered commercial services and are worth 99.3% of all exported services from China. Government goods and services account for the remainder.
- Miscellaneous business services: US$61.5 billion (27% of China’s total)
- Travel: $38.8 billion (17%)
- Transport: $37.1 billion (16.3%)
- Telecom/computer/information services: $27.8 billion (12.2%)
- Construction: $23.9 billion (10.5%)
- Manufacturing services on other’s inputs: $18.1 billion (7.9%)
- Maintenance/repair services: $5.9 billion (2.6%)
- Intellectual property use: $4.8 billion (2.1%)
- Insurance/pension services: $4 billion (1.8%)
- Financial services: $3.7 billion (1.6%)
- Government goods, services: $1.7 billion (0.7%)
- Personal, cultural, recreational services: $759.3 million (0.3%)
Three of the above categories posted triple-digit gains in value from 2013 to 2017 namely intellectual property use (up 430.5%), personal, cultural and recreational services (up 386.7%) then construction services (up 125.2%).
The three declining categories over the 5-year period were travel-related services (down -24.9%), miscellaneous business services (down -22.6%) and transportation services (down -1.4%).
China’s Export Services by Top Trade Partners
Back in 2016, China provided export services to 13 geographic entities including countries, islands or territories. The largest of these trading partners was the European Union, which consumed 16.6% of China’s overall exported services for the year.
The following list highlights 13 countries (or territories) that imported the highest value of services furnished by mainland China. Together, these 13 trading partners received 70.1% of Chinese services provided to international clients.
- Hong Kong: 28.7%
- United States: 14.9%
- Japan: 5.5%
- South Korea: 5.1%
- Germany: 3.8%
- United Kingdom: 3.4%
- Taiwan: 3.2%
- Macao: 1.9%
- France: 1.8%
- Russia: 0.7%
- India: 0.4%
- South Africa: 0.3%
- Brazil: 0.3%
Seven of these trading partners boosted their purchases of Chinese export services from 2015 to 2016 namely Russia (up 21.1%), Taiwan (up 8.9%), South Africa (up 6.8%), Germany (up 3.7%), France (up 2.4%), United Kingdom (up 2.1%) and India (up 1.7%).
Leading reductions over the two-year period belong to Brazil (down -21.6%), Macao (down -19.6%), Hong Kong (down -9.6%) and United States (down -5.6%).
See also World’s Top Export Services, World’s Top Exports Report Card for Products and Countries and Report Card for Trade Surpluses and Deficits by Country
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on February 16, 2019
International Trade Centre, Trade Map, International Market Analysis. Accessed on February 16, 2019
The World Factbook, Field Listing: Exports, Central Intelligence Agency. Accessed on February 16, 2019