HS Icon Cars in  Flag China

2020
Exports | Imports
: $9.22B | $42B, World Rnk 17 / 210
Flag Rnk 59 / 1215 | World Rnk 3 / 224
Flag Rnk 4 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $296M | $1.17B, Norway |  Japan


ECONOMIC COMPLEXITY of China
: 0.96, Rnk 28 / 127


PRODUCT COMPLEXITY  IN Cars
: 0.95, Rnk 188 / 1028

Exports In 2020, China exported $9.22B in Cars, making it the 17th largest exporter of Cars in the world. At the same year, Cars was the 59th most exported product in China. The main destination of Cars exports from China are: United States ($1.29B), Saudi Arabia ($1.1B), Russia ($456M), Germany ($408M), and Australia ($390M).

The fastest growing export markets for Cars of China between 2019 and 2020 were Norway ($296M), Belgium ($235M), and Saudi Arabia ($227M).

Imports In 2020, China imported $42B in Cars, becoming the 3rd largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in China. China imports Cars primarily from: Germany ($16.7B), Japan ($8.69B), United States ($6.24B), United Kingdom ($3.56B), and Slovakia ($1.98B).

The fastest growing import markets in Cars for China between 2019 and 2020 were Japan ($1.17B), Slovakia ($420M), and Thailand ($283M).

Tariffs In 2018, the average tariff for China in Cars was 24.6%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatement, 25%), Burundi (Most Favoured Nation duty rate treatement, 25%), Benin (Most Favoured Nation duty rate treatement, 25%), Burkina Faso (Most Favoured Nation duty rate treatement, 25%), and Botswana (Most Favoured Nation duty rate treatement, 25%).

July 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (July 2021 - July 2022): $1.23B, (57.3%)

IMPORT GROWTH (July 2021 - July 2022): $-327M, (-7.36%)

MAIN EXPORTER (July 2022): Shanghai Province, $1.11B

MAIN DESTINATION (July 2022): Belgium, $539M

This section shows Cars'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 Cars over time.

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Historical Data

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EXPORTS (2020): $9.22B

IMPORTS (2020): $42B

NET TRADE (2020): -$32.8B

In 2020, China exported $9.22B in Cars. The main destinations of China exports on Cars were United States ($1.29B), Saudi Arabia ($1.1B), Russia ($456M), Germany ($408M), and Australia ($390M).

In 2020, China imported $42B in Cars, mainly from Germany ($16.7B), Japan ($8.69B), United States ($6.24B), United Kingdom ($3.56B), and Slovakia ($1.98B).

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IN 2020, China HAD A POSITIVE NET TRADE IN Cars WITH:

IN 2020, China HAD A NEGATIVE NET TRADE IN Cars WITH:

Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR China WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY China WERE (2019 - 2020):

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Market Concentration

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In 2019, China's main exporting competitors in Cars were:

In 2019, China's main importing competitors in Cars were:

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