Fork-Lifts in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $6.29B in Fork-Lifts, making it the 1st largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 111th most exported product in China. The main destination of Fork-Lifts exports from China are: United States ($813M), Netherlands ($395M), Australia ($366M), Russia ($354M), and Brazil ($330M).

The fastest growing export markets for Fork-Lifts of China between 2021 and 2022 were Brazil ($190M), United States ($160M), and Russia ($160M).

Imports In 2022, China imported $158M in Fork-Lifts, becoming the 38th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 560th most imported product in China. China imports Fork-Lifts primarily from: Japan ($30.1M), Germany ($29.2M), United States ($27.1M), South Korea ($22.4M), and Sweden ($8.27M).

The fastest growing import markets in Fork-Lifts for China between 2021 and 2022 were Finland ($2.9M), Austria ($2.12M), and Italy ($1.16M).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (232), ABB MOTORS AND MECHANICAL INC (136), and GLOBAL ETRADE SERVICES INC (126) were at the forefront of shipping Fork-Lifts from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Fork-Lifts exports accounted up to $600M and imports accounted up to $6.38M, resulting in a positive trade balance of $593M. Between February 2023 and February 2024 the exports of China's Fork-Lifts have increased by $136M (29.2%) from $464M to $600M, while imports decreased by $-8.1M (-55.9%) from $14.5M to $6.38M.

Destinations In February 2024, Fork-Lifts were exported mostly to Netherlands ($95.2M), Russia ($54.3M), Belgium ($39.7M), Brazil ($37.6M), and United States ($30.9M), and were imported mostly from Germany ($2.16M), Japan ($1.27M), Italy ($700k), United States ($641k), and South Korea ($598k).

Growth In February 2024, the increase in Fork-Lifts's year-by-year exports was explained primarily by an increase in exports to Turkey ($22.3M or 499%), United States ($21M or 39.4%), and Russia ($13.2M or 48.4%). In February 2024, the decrease in Fork-Lifts's year-by-year imports was explained primarily by a decrease in imports from Italy ($-4.12M or -86.2%), Germany ($-4.03M or -67.5%), and South Korea ($-1.52M or -90.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$136M(29.2%)

IMPORT GROWTH (February 2023 - February 2024)$-8.1M(-55.9%)

MAIN EXPORTER (February 2024)Zhejiang Province$261M

MAIN DESTINATION (February 2024)Netherlands$95.2M

This section shows Fork-Lifts's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Fork-Lifts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$6.29B

IMPORTS (2022)$158M

NET TRADE (2022)$6.13B

In 2022, China exported $6.29B in Fork-Lifts. The main destinations of China exports on Fork-Lifts were United States ($813M), Netherlands ($395M), Australia ($366M), Russia ($354M), and Brazil ($330M).

In 2022, China imported $158M in Fork-Lifts, mainly from Japan ($30.1M), Germany ($29.2M), United States ($27.1M), South Korea ($22.4M), and Sweden ($8.27M).

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