Buses in China | The Observatory of Economic Complexity

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Exports In 2023, China exported $3.94B in Buses, making it the 1st largest exporter of Buses in the world. At the same year, Buses was the 156th most exported product in China. The main destination of Buses exports from China are: Saudi Arabia ($346M), Chile ($330M), Russia ($328M), Uzbekistan ($236M), and South Korea ($228M).

The fastest growing export markets for Buses of China between 2022 and 2023 were Saudi Arabia ($307M), Uzbekistan ($212M), and Russia ($177M).

Imports In 2023, China imported $49.6M in Buses, becoming the 76th largest importer of Buses in the world. At the same year, Buses was the 767th most imported product in China. China imports Buses primarily from: Japan ($19.3M), Kuwait ($10.2M), United Arab Emirates ($7.23M), Hong Kong ($6.98M), and Germany ($1.43M).

The fastest growing import markets in Buses for China between 2022 and 2023 were Hong Kong ($1.84M), Djibouti ($1.1M), and Colombia ($502k).

COMPANIES In 2024, leading companies such as CNH Industrial (37), Cooper Lighting Solutions (6), and Marelli Automotive Lighting (2) were at the forefront of shipping Buses from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Buses exports accounted up to $628M and imports accounted up to $3.39M, resulting in a positive trade balance of $625M. Between December 2023 and December 2024 the exports of China's Buses have increased by $116M (22.8%) from $512M to $628M, while imports increased by $2.07M (157%) from $1.32M to $3.39M.

Destinations In December 2024, Buses were exported mostly to Saudi Arabia ($65.1M), United Kingdom ($58.1M), Norway ($56.3M), South Korea ($50.7M), and United Arab Emirates ($31.3M), and were imported mostly from Japan ($3.39M).

Growth In December 2024, the increase in Buses's year-by-year exports was explained primarily by an increase in exports to Denmark ($31.1M or 9.2k%), Mongolia ($29M or 248%), and Norway ($24.5M or 165%). In December 2024, the increase in Buses's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$116M(22.8%)

IMPORT GROWTH (December 2023 - December 2024)$2.07M(157%)

MAIN EXPORTER (December 2024)Henan Province$283M

MAIN DESTINATION (December 2024)Saudi Arabia$65.1M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$3.94B

IMPORTS (2023)$49.6M

NET TRADE (2023)$3.89B

In 2023, China exported $3.94B in Buses. The main destinations of China exports on Buses were Saudi Arabia ($346M), Chile ($330M), Russia ($328M), Uzbekistan ($236M), and South Korea ($228M).

In 2023, China imported $49.6M in Buses, mainly from Japan ($19.3M), Kuwait ($10.2M), United Arab Emirates ($7.23M), Hong Kong ($6.98M), and Germany ($1.43M).

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