Blank Audio Media in China 2021 Exports | Imports : $4.86B | $8.93B, World Rnk 5 / 217 Rnk 129 / 1215 | World Rnk 2 / 222 Rnk 36 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $60.2M | $305M, Poland | Malaysia
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Blank Audio Media: 1.85, Rnk 13 / 1029
Exports In 2021, China exported $4.86B in Blank Audio Media, making it the 5th largest exporter of Blank Audio Media in the world. At the same year, Blank Audio Media was the 129th most exported product in China. The main destination of Blank Audio Media exports from China are: Hong Kong ($1.42B), Thailand ($644M), United States ($440M), Japan ($281M), and Mexico ($248M).
The fastest growing export markets for Blank Audio Media of China between 2020 and 2021 were Poland ($60.2M), Thailand ($46.1M), and Canada ($39.4M).
Imports In 2021, China imported $8.93B in Blank Audio Media, becoming the 2nd largest importer of Blank Audio Media in the world. At the same year, Blank Audio Media was the 36th most imported product in China. China imports Blank Audio Media primarily from: Chinese Taipei ($3.54B), Malaysia ($2.23B), Singapore ($1.08B), Ireland ($480M), and United States ($459M).
The fastest growing import markets in Blank Audio Media for China between 2020 and 2021 were Malaysia ($305M), Singapore ($266M), and Germany ($80.2M).
Tariffs In 2018, the average tariff for China in Blank Audio Media was 1.04%. The countries with the highest import tariffs for Blank Audio Media were Australia (Preferential tariff for Australia, 2.7%), Burkina Faso (Most Favoured Nation duty rate treatment, 1.3%), Botswana (Most Favoured Nation duty rate treatment, 1.3%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 1.3%), and Cameroon (Most Favoured Nation duty rate treatment, 1.3%).
March 2023
Overview In March 2023 China's Blank Audio Media exports accounted up to $499M and imports accounted up to $410M, resulting in a positive trade balance of $89.2M. Between March 2022 and March 2023 the exports of China's Blank Audio Media have increased by $152M (43.9%) from $347M to $499M, while imports decreased by $-87.5M (-17.6%) from $497M to $410M.
Destinations In March 2023, Blank Audio Media were exported mostly to Hong Kong ($151M), Thailand ($43.2M), United States ($40.8M), Japan ($30.6M), and Germany ($18.1M), and were imported mostly from Ireland ($95.8M), Taiwan ($75.7M), Singapore ($41.2M), Malaysia ($33.9M), and United States ($29.9M).
Growth In March 2023, the increase in Blank Audio Media's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($22.7M or 21%), Thailand ($10.9M or 19.2%), and United States ($7.13M or 17.6%). In March 2023, the decrease in Blank Audio Media's year-by-year imports was explained primarily by a decrease in imports from China ($-9.82M or -30.1%), Japan ($-9.65M or -37.4%), and France ($-4.85M or -31.2%).
EXPORT GROWTH (March 2022 - March 2023): $152M, (43.9%)
IMPORT GROWTH (March 2022 - March 2023): $-87.5M, (-17.6%)
MAIN EXPORTER (March 2023): Guangdong Province, $164M
MAIN DESTINATION (March 2023): Hong Kong, $151M
This section shows Blank Audio Media'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 Blank Audio Media over time.
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EXPORTS (2021): $4.86B
IMPORTS (2021): $8.93B
NET TRADE (2021): -$4.06B
In 2021, China exported $4.86B in Blank Audio Media. The main destinations of China exports on Blank Audio Media were Hong Kong ($1.42B), Thailand ($644M), United States ($440M), Japan ($281M), and Mexico ($248M).
In 2021, China imported $8.93B in Blank Audio Media, mainly from Chinese Taipei ($3.54B), Malaysia ($2.23B), Singapore ($1.08B), Ireland ($480M), and United States ($459M).
THE FASTEST GROWING Blank Audio Media EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blank Audio Media BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Blank Audio Media were:
In 2021, China's main importing competitors in Blank Audio Media were:
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