Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof in China

EXPORTS (2018): $75.5B, World Rnk 5 / 222
Flag Rnk 5 / 96

TOP DESTINATION (2018): $18.1B, United States

FASTEST GROWING MARKET (2017 - 2018): $2.67B, United States

IMPORTS (2018): $76.8B, World Rnk 4 / 221
Flag Rnk 6 / 96

TOP ORIGIN (2018): $28.4B, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $4.91B, Germany

ECONOMIC COMPLEXITY of China (2018): 0.89, Rnk 30 / 137

PRODUCT COMPLEXITY  IN Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof (2018): 1.32, Rnk 10 / 96

Overview: This page contains the latest trade data of Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof in China.

Exports: In 2018, China exported $75.5B in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof, making it the 5th largest exporter of Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof in the world. At the same year, Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof was the 5th most exported product in China. The main destination of Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof exports from China are: United States ($18.1B), Japan ($4.44B), Mexico ($3.77B), Germany ($2.67B), and Iran ($2.41B).

The fastest growing export markets for Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof of China between 2017 and 2018 were United States ($2.67B), Mexico ($772M), and Philippines ($620M).

Imports: In 2018, China imported $76.8B in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof, becoming the 4th largest importer of Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof in the world. At the same year, Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof was the 6th most imported product in China. China imports Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof primarily from: Germany ($28.4B), Japan ($14.1B), United States ($9.56B), United Kingdom ($5.26B), and United Arab Emirates ($3.16B).

The fastest growing import markets in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof for China between 2017 and 2018 were Germany ($4.91B), United Arab Emirates ($3.16B), and Sweden ($649M).

Tariffs: In 2018, the average tariff for China in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof was 20.3%. The countries with the highest import tariffs for Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof were Switzerland (25.7%), Liechtenstein (25.7%), Pakistan (25.3%), Angola (25%), and Burundi (25%).

Overview: In July 2020 China's Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof exports accounted up to $6.22B and imports accounted up to $5.94B, resulting in a positive trade balance of $287M. Between July 2019 and July 2020 the exports of China's   Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof have increased by $269M (4.52%) from $5.95B to $6.22B, while imports increased by $1.83B (44.5%) from $4.11B to $5.94B.

Destinations: In July 2020 Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof exported mostly to United States ($1.09B), Japan ($225M), Mexico ($206M), Germany ($204M), and South Korea ($176M), and imported mostly from Japan ($2.08B), Germany ($1.56B), United States ($920M), Slovakia ($250M), and Thailand ($226M).

Growth: In July 2020, the increase in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof's year-by-year exports was explained primarily by an increase in exports to United States ($132M or 13.8%), Norway ($62.1M or 769%), and Sweden ($52.7M or 207%). In July 2020, the increase in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof's year-by-year imports was explained primarily by an increase in imports from United States ($562M or 157%), Japan ($430M or 26.1%), and Thailand ($151M or 203%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): $269M, (4.52%)

IMPORT GROWTH (July 2019 - July 2020): $1.83B, (44.5%)

MAIN EXPORTER (July 2020): Zhejiang Province, $1.25B

MAIN DESTINATION (July 2020): United States, $1.09B

This section shows Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof'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 Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof over time.

Value

EXPORTS (2018): $75.5B

IMPORTS (2018): $76.8B

NET TRADE (2018): -$1.34B

In 2018, China exported $75.5B in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof. The main destinations of China exports on Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof were United States ($18.1B), Japan ($4.44B), Mexico ($3.77B), Germany ($2.67B), and Iran ($2.41B).

In 2018, China imported $76.8B in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof, mainly from Germany ($28.4B), Japan ($14.1B), United States ($9.56B), United Kingdom ($5.26B), and United Arab Emirates ($3.16B).

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IN 2018, China HAD A POSITIVE NET TRADE IN Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof WITH:

  • United States, $8.55B ($18.1B - $9.56B)
  • Iran, $2.41B ($2.41B - $116k)
  • Mexico, $2.25B ($3.77B - $1.53B)

IN 2018, China HAD A NEGATIVE NET TRADE IN Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof WITH:

  • Germany, -$25.7B ($2.67B - $28.4B)
  • Japan, -$9.62B ($4.44B - $14.1B)
  • United Kingdom, -$3.99B ($1.27B - $5.26B)
Flow

THE FASTEST GROWING Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof EXPORT MARKETS FOR China WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof BY China WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, China's main exporting competitors in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof were:

In 2018, China's main importing competitors in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof in China. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for China in Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof was 20.3%.

The countries with the highest tariffs for Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof in China were Switzerland (25.7%), Liechtenstein (25.7%), Pakistan (25.3%), Angola (25%), and Burundi (25%).

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