Electricity in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $1.58B in Electricity, making it the 23rd largest exporter of Electricity in the world. At the same year, Electricity was the 343rd most exported product in China. The main destination of Electricity exports from China are: Hong Kong ($887M), Macau ($470M), Mongolia ($126M), Burma ($61.3M), and Vietnam ($33.7M).

The fastest growing export markets for Electricity of China between 2021 and 2022 were Hong Kong ($44.7M), Vietnam ($22.4M), and Laos ($2.49M).

Imports In 2022, China imported $289M in Electricity, becoming the 46th largest importer of Electricity in the world. At the same year, Electricity was the 458th most imported product in China. China imports Electricity primarily from: Russia ($216M), Burma ($49M), North Korea ($20.4M), Laos ($3.69M), and Jamaica ($132k).

The fastest growing import markets in Electricity for China between 2021 and 2022 were Russia ($26.4M), Burma ($4.85M), and Laos ($3.69M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (1.14k), LEDVANCE LLC (44), and SIGNIFY NORTH AMERICA CORPORATION (30) were at the forefront of shipping Electricity from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Electricity exports accounted up to $126M and imports accounted up to $6.86M, resulting in a positive trade balance of $119M. Between February 2023 and February 2024 the exports of China's Electricity have decreased by $-28.3M (-18.3%) from $154M to $126M, while imports decreased by $-10.5M (-60.4%) from $17.3M to $6.86M.

Destinations In February 2024, Electricity were exported mostly to Hong Kong ($65.5M), Macau ($36.7M), Mongolia ($11.8M), Burma ($11.5M), and Laos ($590k), and were imported mostly from Russia ($3.56M), North Korea ($1.96M), and Burma ($1.34M).

Growth In February 2024, the decrease in Electricity's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-25.9M or -35.4%), Mongolia ($-429k or -3.63%), and North Korea ($-574 or -12.5%). In February 2024, the decrease in Electricity's year-by-year imports was explained primarily by a decrease in imports from Russia ($-5.14M or -23%), Burma ($-303k or -12.8%), and North Korea ($-103k or -5.99%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-28.3M(-18.3%)

IMPORT GROWTH (February 2023 - February 2024)$-10.5M(-60.4%)

MAIN EXPORTER (February 2024)Guangdong Province$102M

MAIN DESTINATION (February 2024)Hong Kong$65.5M

This section shows Electricity'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 Electricity over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.58B

IMPORTS (2022)$289M

NET TRADE (2022)$1.29B

In 2022, China exported $1.58B in Electricity. The main destinations of China exports on Electricity were Hong Kong ($887M), Macau ($470M), Mongolia ($126M), Burma ($61.3M), and Vietnam ($33.7M).

In 2022, China imported $289M in Electricity, mainly from Russia ($216M), Burma ($49M), North Korea ($20.4M), Laos ($3.69M), and Jamaica ($132k).

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