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China's electronics and IT exports up 1.2% in 2014 at US$ 789.7 bln

Jan 29, 2015 (China Knowledge) – China's exports of electronics and information technology products grew 1.2% year on year to US$ 789.7 billion in 2014, according to the latest statistics released by the Ministry of Industry and Information Technology.


The figure for last year accounted for 33.5% of the country's total exports.


The country's imports of these products declined 2.8% to US$ 534 billion last year.


The country's foreign trade of electronics and IT products amounted to US$ 1.32 trillion in total during the period, down 0.5% year on year.


The exports of computers increased 1.0% year on year to US$ 226.7 billion in 2014. The exports of telecom equipment saw healthy growth of 11.5%, reaching US$ 197.6 billion. Export value of electronics components and electronics devices was US$ 78.5 billion and US$ 33.3 billion in 2014, up 9.2% and 9.0% year on year, respectively. Meanwhile, the exports of home appliances went up 3.5% to US$ 106.4 billion.


The top five products that recorded the highest export value were cell phones, laptop, integrated circuits, LCD panels and cell phone components, whose exports were US$ 115.4 billion, US$ 75.8 billion, US$ 60.9 billion, US$ 31.8 billion and US$ 31.1 billion, respectively.

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