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The product with the highest import value every

by:VIPUTRANS     2020-09-04
Do you know which type of goods China imports the most cost?

Maternal and child products?

Fresh food?

Health medicine?

cosmetic?

Light luxury?



NO, these are only the TOP5 rankings of hot-selling imported e-commerce products in 2015 in cross-border e-commerce imports





In the entire imported category, which one ranks top1?

food? crude? Equipment?







Not all, every year China spends 200 billion U.S. dollars on importing a small product. This product has always occupied the top spot of China's imported products.

This is the chip (90% of domestic chips are imported, and domestic technology can't keep up)









According to statistics from the General Administration of Customs: As of the end of October this year, China's imports of integrated circuits (commonly known as chips) amounted to RMB 1,199.8 billion, an increase of 9.6% compared to the same period last year. In the same period, China's crude oil imports were only 607.8 billion. China’s spending on chip imports has nearly doubled that of crude oil.  



Mobile phones, computers, cars, TVs, air conditioners... China is the world's largest producer or consumer of most imaginable electronic products. But they are inseparable from chips, and most of them rely on imports.
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