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2022
Exports $2.92BWorld Rnk 1 / 190
Flag Rnk 238 / 1216
2022
Destination $46.6M United States
2021 - 2022
FASTEST GROWING MARKET $46.6MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Batteries0.69Rnk 280 / 1025
2022
Imports $386MWorld Rnk 3 / 225
Flag Rnk 403 / 1212
2022
Origin $93.3M Hong Kong
2021 - 2022
FASTEST GROWING ORIGIN $93.3MHong Kong
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.92B in Batteries, making it the 1st largest exporter of Batteries in the world. At the same year, Batteries was the 238th most exported product in China. The main destination of Batteries exports from China are: United States ($393M), Germany ($226M), Hong Kong ($179M), United Kingdom ($126M), and Japan ($111M).

The fastest growing export markets for Batteries of China between 2021 and 2022 were United Kingdom ($46.6M), United States ($41.5M), and Russia ($17.5M).

Imports In 2022, China imported $386M in Batteries, becoming the 3rd largest importer of Batteries in the world. At the same year, Batteries was the 403rd most imported product in China. China imports Batteries primarily from: Hong Kong ($103M), Japan ($70.3M), Indonesia ($51.1M), China ($46.8M), and Singapore ($37.4M).

The fastest growing import markets in Batteries for China between 2021 and 2022 were Hong Kong ($93.3M), Malaysia ($13.2M), and Indonesia ($7.05M).

COMPANIES In 2023, leading companies such as Volkswagen (179), Acer (91), and General Motors (89) were at the forefront of shipping Batteries from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Batteries exports accounted up to $239M and imports accounted up to $25.3M, resulting in a positive trade balance of $214M. Between October 2023 and October 2024 the exports of China's   Batteries have increased by $36.4M (18%) from $202M to $239M, while imports increased by $1.42M (5.97%) from $23.9M to $25.3M.

Destinations In October 2024, Batteries were exported mostly to United States ($36.7M), Russia ($16.8M), Germany ($15M), Hong Kong ($10.8M), and Poland ($10.1M), and were imported mostly from Japan ($8.81M), Indonesia ($8.08M), China ($2.7M), Singapore ($1.29M), and Switzerland ($868k).

Growth In October 2024, the increase in Batteries's year-by-year exports was explained primarily by an increase in exports to United States ($38.3M or 133%), Poland ($1.78M or 29%), and Canada ($1.24M or 69.6%). In October 2024, the increase in Batteries's year-by-year imports was explained primarily by an increase in imports from Canada ($57.7k or 416%), South Korea ($49.6k or 9.38%), and Czechia ($29.8k or 461%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$36.4M(18%)
IMPORT GROWTH (October 2023 - October 2024)$1.42M(5.97%)
MAIN EXPORTER (October 2024)Zhejiang Province$116M
MAIN DESTINATION (October 2024)United States$36.7M

This section shows Batteries'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 Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.92B
IMPORTS (2022)$386M
NET TRADE (2022)$2.53B

In 2022, China exported $2.92B in Batteries. The main destinations of China exports on Batteries were United States ($393M), Germany ($226M), Hong Kong ($179M), United Kingdom ($126M), and Japan ($111M).

In 2022, China imported $386M in Batteries, mainly from Hong Kong ($103M), Japan ($70.3M), Indonesia ($51.1M), China ($46.8M), and Singapore ($37.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR China WERE (2021 - 2022):
United Kingdom$46.6M (58.4%)
United States$41.5M (11.8%)
Russia$17.5M (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY China WERE (2021 - 2022):
Hong Kong-$70.2M (-28.2%)
China-$50.6M (-51.9%)
Malaysia-$31.5M (-54.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Batteries were:
United States $821M
Singapore $739M
In 2022, China's main importing competitors in Batteries were:
United States $1.23B
Germany $705M

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Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $41.4M
TOP IMPORT POTENTIALIndonesia+ $12.6M

Batteries’s highest export potential is India. With an export gap of $41.4M.   Batteries’s highest import potential is Indonesia with an import gap of $12.6M.

See methodology.

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