Special purpose motor vehicles in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $2.11B in Special purpose motor vehicles, making it the 2nd largest exporter of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 288th most exported product in China. The main destination of Special purpose motor vehicles exports from China are: Russia ($348M), Vietnam ($151M), India ($132M), Brazil ($119M), and Saudi Arabia ($109M).

The fastest growing export markets for Special purpose motor vehicles of China between 2021 and 2022 were Russia ($246M), Saudi Arabia ($75M), and India ($60.2M).

Imports In 2022, China imported $87M in Special purpose motor vehicles, becoming the 40th largest importer of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 679th most imported product in China. China imports Special purpose motor vehicles primarily from: United States ($21.6M), Germany ($10.6M), Austria ($9.27M), Finland ($5.88M), and Thailand ($5.85M).

The fastest growing import markets in Special purpose motor vehicles for China between 2021 and 2022 were Thailand ($5.85M), Hong Kong ($3.87M), and Belgium ($3.22M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (3.94k), COSTCO WHOLESALE COPRORATION (1.1k), and WAL-MART INC. (603) were at the forefront of shipping Special purpose motor vehicles from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Special purpose motor vehicles exports accounted up to $223M and imports accounted up to $1.52M, resulting in a positive trade balance of $221M. Between February 2023 and February 2024 the exports of China's Special purpose motor vehicles have increased by $34.8M (18.5%) from $188M to $223M, while imports decreased by $-9.67M (-86.4%) from $11.2M to $1.52M.

Destinations In February 2024, Special purpose motor vehicles were exported mostly to Russia ($48.3M), Saudi Arabia ($18.1M), India ($14M), Brazil ($13.5M), and Algeria ($9.79M), and were imported mostly from Austria ($703k), Germany ($332k), United States ($318k), Canada ($113k), and China ($53.8k).

Growth In February 2024, the increase in Special purpose motor vehicles's year-by-year exports was explained primarily by an increase in exports to Russia ($26.6M or 285%), Saudi Arabia ($14.2M or 184%), and India ($12M or 198%). In February 2024, the decrease in Special purpose motor vehicles's year-by-year imports was explained primarily by a decrease in imports from Germany ($-1.4M or -41.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$34.8M(18.5%)

IMPORT GROWTH (February 2023 - February 2024)$-9.67M(-86.4%)

MAIN EXPORTER (February 2024)Hunan Province$81.7M

MAIN DESTINATION (February 2024)Russia$48.3M

This section shows Special purpose motor vehicles'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 Special purpose motor vehicles over time.

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