Air Pumps in China 2021 Exports | Imports : $24.7B | $5.65B, World Rnk 1 / 222 Rnk 25 / 1215 | World Rnk 3 / 225 Rnk 64 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $899M | $299M, United States | Japan
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Air Pumps: 1.5, Rnk 51 / 1029
Exports In 2021, China exported $24.7B in Air Pumps, making it the 1st largest exporter of Air Pumps in the world. At the same year, Air Pumps was the 25th most exported product in China. The main destination of Air Pumps exports from China are: United States ($4.53B), Japan ($1.42B), India ($1.23B), South Korea ($1.11B), and Thailand ($1.08B).
The fastest growing export markets for Air Pumps of China between 2020 and 2021 were United States ($899M), Russia ($490M), and India ($378M).
Imports In 2021, China imported $5.65B in Air Pumps, becoming the 3rd largest importer of Air Pumps in the world. At the same year, Air Pumps was the 64th most imported product in China. China imports Air Pumps primarily from: Japan ($1.25B), Germany ($1.16B), South Korea ($633M), Thailand ($479M), and Italy ($311M).
The fastest growing import markets in Air Pumps for China between 2020 and 2021 were Japan ($299M), Italy ($111M), and Brazil ($64.2M).
Tariffs In 2018, the average tariff for China in Air Pumps was 7.07%. The countries with the highest import tariffs for Air Pumps were Pakistan (Most Favoured Nation duty rate treatment, 20%), Taiwan (Most Favoured Nation duty rate treatment, 9.57%), Hong Kong (Most Favoured Nation duty rate treatment, 9.21%), India (Most Favoured Nation duty rate treatment, 9.02%), and Sri Lanka (Most Favoured Nation duty rate treatment, 9.02%).
February 2023
Overview In February 2023 China's Air Pumps exports accounted up to $1.6B and imports accounted up to $456M, resulting in a positive trade balance of $1.15B. Between February 2022 and February 2023 the exports of China's Air Pumps have decreased by $-28.3M (-1.74%) from $1.63B to $1.6B, while imports increased by $24M (5.55%) from $432M to $456M.
Destinations In February 2023, Air Pumps were exported mostly to United States ($264M), India ($99.7M), Japan ($93.6M), South Korea ($78.9M), and Thailand ($78M), and were imported mostly from Germany ($93M), Japan ($83.2M), South Korea ($42.8M), United States ($29.5M), and Thailand ($28.2M).
Growth In February 2023, the decrease in Air Pumps's year-by-year exports was explained primarily by a decrease in exports to France ($-11.4M or -25.8%), Romania ($-10.6M or -31.2%), and Germany ($-7.16M or -9.75%). In February 2023, the increase in Air Pumps's year-by-year imports was explained primarily by an increase in imports from China ($14.9M or 50.1%), France ($6.36M or 68.1%), and Singapore ($4.15M or 116%).
EXPORT GROWTH (February 2022 - February 2023): $-28.3M, (-1.74%)
IMPORT GROWTH (February 2022 - February 2023): $24M, (5.55%)
MAIN EXPORTER (February 2023): Guangdong Province, $466M
MAIN DESTINATION (February 2023): United States, $264M
This section shows Air Pumps'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 Air Pumps over time.
For full datasets download visit Bulk Download page.
EXPORTS (2021): $24.7B
IMPORTS (2021): $5.65B
NET TRADE (2021): $19.1B
In 2021, China exported $24.7B in Air Pumps. The main destinations of China exports on Air Pumps were United States ($4.53B), Japan ($1.42B), India ($1.23B), South Korea ($1.11B), and Thailand ($1.08B).
In 2021, China imported $5.65B in Air Pumps, mainly from Japan ($1.25B), Germany ($1.16B), South Korea ($633M), Thailand ($479M), and Italy ($311M).
THE FASTEST GROWING Air Pumps EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Pumps BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Air Pumps were:
In 2021, China's main importing competitors in Air Pumps were:
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