In the second quarter of 2023, 45.5 percent of surveyed enterprises expected increasing export orders. Usually, the judgement of entrepreneurs followed an annual seasonality by reaching their height in the second quarter of every year and their low in the first quarter. These fluctuations ranged from around 40 percent up to around 50 percent. The first quarter of 2020 illustrated the impact of COVID-19.
Quarterly enterprise export order index in China from 2nd quarter 2016 to 2nd quarter 2023
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among industrial enterprises (excluding enterprises from Tibet)
Method of interview
Online survey
Supplementary notes
A diffusion index reflects entrepreneurs’ anticipation of the export orders of the firms compared with the previous quarter. The index is derived by calculating the proportions of entrepreneurs who considered “export orders increased” which is weighted with the value 1 and that “both export orders remained unchanged” which is weighted with the value 0.5. Negative export order judgements are assigned the weight of 0. Finally, the multiplication results are added up.
In this table the figures were rounded to one decimal place. Possible discrepancies between year-on-year or quarter-on-quarter changes calculated from the figures and those published in the report were mainly due to rounding.
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People's Bank of China. (June 29, 2023). Quarterly enterprise export order index in China from 2nd quarter 2016 to 2nd quarter 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1124976/china-enterprise-export-order-index/
People's Bank of China. "Quarterly enterprise export order index in China from 2nd quarter 2016 to 2nd quarter 2023." Chart. June 29, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1124976/china-enterprise-export-order-index/
People's Bank of China. (2023). Quarterly enterprise export order index in China from 2nd quarter 2016 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1124976/china-enterprise-export-order-index/
People's Bank of China. "Quarterly Enterprise Export Order Index in China from 2nd Quarter 2016 to 2nd Quarter 2023." Statista, Statista Inc., 29 Jun 2023, https://www.statista.com/statistics/1124976/china-enterprise-export-order-index/
People's Bank of China, Quarterly enterprise export order index in China from 2nd quarter 2016 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/1124976/china-enterprise-export-order-index/ (last visited August 25, 2024)
Quarterly enterprise export order index in China from 2nd quarter 2016 to 2nd quarter 2023 [Graph], People's Bank of China, June 29, 2023. [Online]. Available: https://www.statista.com/statistics/1124976/china-enterprise-export-order-index/