At the more granular four-digit HTS code level, the following table displays 100 of the most in-demand goods shipped from the People’s Republic during 2019. Shown beside each product label is its total export value then the percentage increase or decrease since 2018.
These 100 exported goods were worth a subtotal of US$1.7 trillion or 68% by value for all products exported from China during 2019.
In macroeconomic terms, China’s total exported goods represent 9.1% of its overall Gross Domestic Product for 2019 ($27.309 trillion valued in Purchasing Power Parity US dollars). That 9.1% for exports to overall GDP per PPP in 2019 compares to 9.9% for 2018. This seems to indicate a relatively decreasing reliance on products sold on international markets for China’s total economic performance albeit based on short timeframe.
Another key indicator of a country’s economic performance is its unemployment rate. China’s average unemployment rate was 3.8% for 2019, according to the International Monetary Fund.