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2022
Exports $15.6BWorld Rnk 1 / 208
Flag Rnk 50 / 1216
2022
Destination $75.9M United States
2021 - 2022
FASTEST GROWING MARKET $75.9MVietnam
2022
PRODUCT COMPLEXITY IN Video Recording Equipment0.68Rnk 285 / 1025
2022
Imports $6.99BWorld Rnk 2 / 221
Flag Rnk 46 / 1212
2022
Origin $588M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $588MVietnam
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $15.6B in Video Recording Equipment, making it the 1st largest exporter of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 50th most exported product in China. The main destination of Video Recording Equipment exports from China are: United States ($3.17B), Japan ($1.53B), Hong Kong ($889M), Germany ($809M), and United Kingdom ($605M).

The fastest growing export markets for Video Recording Equipment of China between 2021 and 2022 were Vietnam ($75.9M), Germany ($74.3M), and United Kingdom ($66.8M).

Imports In 2022, China imported $6.99B in Video Recording Equipment, becoming the 2nd largest importer of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 46th most imported product in China. China imports Video Recording Equipment primarily from: Vietnam ($3.01B), South Korea ($1.8B), Germany ($563M), Japan ($505M), and China ($387M).

The fastest growing import markets in Video Recording Equipment for China between 2021 and 2022 were Vietnam ($588M), Thailand ($172M), and Chinese Taipei ($33.6M).

COMPANIES In 2023, leading companies such as LG Electronics (31) were at the forefront of shipping Video Recording Equipment from China to the United States.

Latest Trends

May 2024

About

Overview In May 2024 China's Video Recording Equipment exports accounted up to $178M and imports accounted up to $1.55M, resulting in a positive trade balance of $176M. Between May 2023 and May 2024 the exports of China's   Video Recording Equipment have increased by $11.2M (6.72%) from $167M to $178M, while imports decreased by $-1.21M (-43.8%) from $2.75M to $1.55M.

Destinations In May 2024, Video Recording Equipment were exported mostly to United States ($34M), Japan ($16.3M), United Arab Emirates ($10.3M), Brazil ($8.17M), and Mexico ($7.93M), and were imported mostly from China ($657k), Chinese Taipei ($511k), United Kingdom ($96.8k), Singapore ($70.3k), and United States ($48k).

Growth In May 2024, the increase in Video Recording Equipment's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($3.09M or 39%), Colombia ($2.93M or 497%), and Singapore ($2.71M or 249%). In May 2024, the decrease in Video Recording Equipment's year-by-year imports was explained primarily by a decrease in imports from China ($-877k or -72.5%), Chinese Taipei ($-250k or -41.8%), and Japan ($-107k or -55.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)$11.2M(6.72%)
IMPORT GROWTH (May 2023 - May 2024)$-1.21M(-43.8%)
MAIN EXPORTER (May 2024)Guangdong Province$87.7M
MAIN DESTINATION (May 2024)United States$34M

This section shows Video Recording Equipment'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 Video Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.6B
IMPORTS (2022)$6.99B
NET TRADE (2022)$8.57B

In 2022, China exported $15.6B in Video Recording Equipment. The main destinations of China exports on Video Recording Equipment were United States ($3.17B), Japan ($1.53B), Hong Kong ($889M), Germany ($809M), and United Kingdom ($605M).

In 2022, China imported $6.99B in Video Recording Equipment, mainly from Vietnam ($3.01B), South Korea ($1.8B), Germany ($563M), Japan ($505M), and China ($387M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Video Recording Equipment EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$75.9M (28.7%)
Germany$74.3M (10.1%)
United Kingdom$66.8M (12.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Video Recording Equipment BY China WERE (2021 - 2022):
Hong Kong-$1.01B (-53.2%)
China-$333M (-46.2%)
United States-$248M (-7.26%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Video Recording Equipment were:
Vietnam $5.46B
Germany $3.06B
In 2022, China's main importing competitors in Video Recording Equipment were:
United States $9.89B
Germany $2.74B

Explore Visualizations

Trade Value of Video Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.9M
TOP IMPORT POTENTIALVietnam+ $1.88M

Video Recording Equipment’s highest export potential is United States. With an export gap of $26.9M.   Video Recording Equipment’s highest import potential is Vietnam with an import gap of $1.88M.

See methodology.

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