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2022
Exports $11.7BWorld Rnk 2 / 219
Flag Rnk 68 / 1216
2022
Destination $174M United States
2021 - 2022
FASTEST GROWING MARKET $174MIndia
2022
PRODUCT COMPLEXITY IN Transmissions1.46Rnk 62 / 1025
2022
Imports $5.42BWorld Rnk 3 / 225
Flag Rnk 64 / 1212
2022
Origin $276M Germany
2021 - 2022
FASTEST GROWING ORIGIN $276MChinese Taipei
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $11.7B in Transmissions, making it the 2nd largest exporter of Transmissions in the world. At the same year, Transmissions was the 68th most exported product in China. The main destination of Transmissions exports from China are: United States ($1.93B), Germany ($972M), Japan ($708M), India ($700M), and Brazil ($609M).

The fastest growing export markets for Transmissions of China between 2021 and 2022 were India ($174M), Germany ($148M), and United States ($104M).

Imports In 2022, China imported $5.42B in Transmissions, becoming the 3rd largest importer of Transmissions in the world. At the same year, Transmissions was the 64th most imported product in China. China imports Transmissions primarily from: Germany ($1.46B), Japan ($1.02B), Chinese Taipei ($993M), United States ($535M), and South Korea ($304M).

The fastest growing import markets in Transmissions for China between 2021 and 2022 were Chinese Taipei ($276M), United States ($40.9M), and Netherlands ($20.2M).

COMPANIES In 2023, leading companies such as Schaeffler Group (254), SKF Group (115), and CNH Industrial (95) were at the forefront of shipping Transmissions from China to the United States.

Latest Trends

May 2024

About

Overview In May 2024 China's Transmissions exports accounted up to $875M and imports accounted up to $470M, resulting in a positive trade balance of $405M. Between May 2023 and May 2024 the exports of China's   Transmissions have increased by $9.53M (1.1%) from $865M to $875M, while imports increased by $3.46M (0.74%) from $467M to $470M.

Destinations In May 2024, Transmissions were exported mostly to United States ($124M), India ($69.1M), Brazil ($55M), Japan ($49.6M), and Germany ($49.1M), and were imported mostly from Germany ($136M), United States ($70.9M), Japan ($65.1M), Chinese Taipei ($38.9M), and South Korea ($30.9M).

Growth In May 2024, the increase in Transmissions's year-by-year exports was explained primarily by an increase in exports to Brazil ($12M or 21.8%), Russia ($8.48M or 30.6%), and Algeria ($6.75M or 400%). In May 2024, the increase in Transmissions's year-by-year imports was explained primarily by an increase in imports from United States ($8.35M or 16.5%), Belgium ($2.14M or 60.8%), and Czechia ($1.7M or 41.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)$9.53M(1.1%)
IMPORT GROWTH (May 2023 - May 2024)$3.46M(0.74%)
MAIN EXPORTER (May 2024)Jiangsu Province$219M
MAIN DESTINATION (May 2024)United States$124M

This section shows Transmissions'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 Transmissions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.7B
IMPORTS (2022)$5.42B
NET TRADE (2022)$6.33B

In 2022, China exported $11.7B in Transmissions. The main destinations of China exports on Transmissions were United States ($1.93B), Germany ($972M), Japan ($708M), India ($700M), and Brazil ($609M).

In 2022, China imported $5.42B in Transmissions, mainly from Germany ($1.46B), Japan ($1.02B), Chinese Taipei ($993M), United States ($535M), and South Korea ($304M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR China WERE (2021 - 2022):
India$174M (33%)
Germany$148M (18%)
United States$104M (5.67%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY China WERE (2021 - 2022):
Vietnam-$87.2M (-20.5%)
Hong Kong-$52M (-46.5%)
Mexico-$26M (-4.29%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Transmissions were:
Germany $12.6B
United States $7.44B
In 2022, China's main importing competitors in Transmissions were:
United States $10.7B
Germany $6.19B

Explore Visualizations

Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $409M
TOP IMPORT POTENTIALUnited States+ $162M

Transmissions’s highest export potential is India. With an export gap of $409M.   Transmissions’s highest import potential is United States with an import gap of $162M.

See methodology.

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