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Pricing

2022
Exports | Imports $1.21B | $80.8MWorld Rnk 2 / 178
Flag Rnk 398 / 1216
World Rnk 28 / 211
Flag Rnk 694 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $25.6M | $9.39MCanada |  United States
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Soil Preparation Machinery0.78Rnk 250 / 1025

About

Exports In 2022, China exported $1.21B in Soil Preparation Machinery, making it the 2nd largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 398th most exported product in China. The main destination of Soil Preparation Machinery exports from China are: United States ($224M), Canada ($78M), India ($64.1M), Germany ($63M), and Russia ($61.7M).

The fastest growing export markets for Soil Preparation Machinery of China between 2021 and 2022 were Canada ($25.6M), Australia ($10.6M), and Italy ($5.87M).

Imports In 2022, China imported $80.8M in Soil Preparation Machinery, becoming the 28th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 694th most imported product in China. China imports Soil Preparation Machinery primarily from: Germany ($22.7M), United States ($18.6M), Japan ($7.33M), Italy ($6.39M), and Netherlands ($5.97M).

The fastest growing import markets in Soil Preparation Machinery for China between 2021 and 2022 were United States ($9.39M), Germany ($5.22M), and Vietnam ($1.34M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (928), ZF CV SYSTEMS NORTH AMERICA LLC (580), and ROBERT BOSCH TOOL CORPORATION (469) were at the forefront of shipping Soil Preparation Machinery from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Soil Preparation Machinery exports accounted up to $94.3M and imports accounted up to $8.89M, resulting in a positive trade balance of $85.4M. Between February 2023 and February 2024 the exports of China's   Soil Preparation Machinery have increased by $19.7M (26.4%) from $74.6M to $94.3M, while imports increased by $97.6k (1.11%) from $8.8M to $8.89M.

Destinations In February 2024, Soil Preparation Machinery were exported mostly to Russia ($13.4M), United States ($12M), India ($6.13M), Romania ($3.86M), and Germany ($3.81M), and were imported mostly from Germany ($4.42M), Romania ($795k), Japan ($692k), United States ($690k), and Austria ($581k).

Growth In February 2024, the increase in Soil Preparation Machinery's year-by-year exports was explained primarily by an increase in exports to Belarus ($1.11M or 274%), Turkey ($506k or 104%), and Burma ($486k or 77.6%). In February 2024, the increase in Soil Preparation Machinery's year-by-year imports was explained primarily by an increase in imports from Germany ($4.6M or 253%), United States ($1.17M or 114%), and Japan ($490k or 53.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$19.7M(26.4%)
IMPORT GROWTH (February 2023 - February 2024)$97.6k(1.11%)
MAIN EXPORTER (February 2024)Chongqing$30M
MAIN DESTINATION (February 2024)Russia$13.4M

This section shows Soil Preparation Machinery'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 Soil Preparation Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.21B
IMPORTS (2022)$80.8M
NET TRADE (2022)$1.13B

In 2022, China exported $1.21B in Soil Preparation Machinery. The main destinations of China exports on Soil Preparation Machinery were United States ($224M), Canada ($78M), India ($64.1M), Germany ($63M), and Russia ($61.7M).

In 2022, China imported $80.8M in Soil Preparation Machinery, mainly from Germany ($22.7M), United States ($18.6M), Japan ($7.33M), Italy ($6.39M), and Netherlands ($5.97M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR China WERE (2021 - 2022):
Canada$25.6M (48.8%)
Australia$10.6M (38.2%)
Italy$5.87M (11.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY China WERE (2021 - 2022):
Thailand-$8.29M (-26.1%)
Romania-$7.93M (-39.9%)
Ukraine-$7.11M (-37.7%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Soil Preparation Machinery were:
Germany $2.11B
Italy $1.12B
In 2022, China's main importing competitors in Soil Preparation Machinery were:
United States $1.7B
Germany $957M
France $950M

Explore Visualizations

Trade Value of Soil Preparation Machinery by Exporters

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