EXPORTS (2018): $8.79B, World Rnk 18 / 209
Rnk 60 / 1218
TOP DESTINATION (2018): $2.22B, United States
FASTEST GROWING IN MARKET (2017 - 2018): $497M, Mexico
IMPORTS (2018): $45.2B, World Rnk 4 / 220 Rnk 4 / 1216
TOP ORIGIN (2018): $17.1B, Germany
FASTEST GROWING ORIGIN (2017 - 2018): $3.51B, Germany
ECONOMIC COMPLEXITY of China (2018): 0.89, Rnk 30 / 137
PRODUCT COMPLEXITY IN Cars (2018): 0.78, Rnk 249 / 1018
Exports: In 2018, China exported $8.79B in Cars, making it the 18th largest exporter of Cars in the world. At the same year, Cars was the 60th most exported product in China. The main destination of Cars exports from China are: United States ($2.22B), Iran ($1.58B), Mexico ($974M), Chile ($437M), and Egypt ($247M).
The fastest growing export markets for Cars of China between 2017 and 2018 were Mexico ($497M), United States ($404M), and Egypt ($161M).
Imports: In 2018, China imported $45.2B in Cars, becoming the 4th 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 ($17.1B), United States ($6.86B), Japan ($6.02B), United Kingdom ($4.74B), and United Arab Emirates ($3.14B).
The fastest growing import markets in Cars for China between 2017 and 2018 were Germany ($3.51B), United Arab Emirates ($3.14B), and Sweden ($491M).
Tariffs: In 2018, the average tariff for China in Cars was 24.6%. The countries with the highest import tariffs for Cars were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).
EXPORTS (2018): $8.79B
IMPORTS (2018): $45.2B
NET TRADE (2018): -$36.4B
In 2018, China exported $8.79B in Cars. The main destinations of China exports on Cars were United States ($2.22B), Iran ($1.58B), Mexico ($974M), Chile ($437M), and Egypt ($247M).
In 2018, China imported $45.2B in Cars, mainly from Germany ($17.1B), United States ($6.86B), Japan ($6.02B), United Kingdom ($4.74B), and United Arab Emirates ($3.14B).
THE FASTEST GROWING Cars EXPORT MARKETS FOR China WERE (2017 - 2018):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY China WERE (2017 - 2018):
In 2018, China's main exporting competitors in Cars were:
In 2018, China's main importing competitors in Cars were:
This section shows forecasts for total exports and imports, for Cars in China. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.
In 2018, the average tariff for China in Cars was 24.6%.
The countries with the highest tariffs for Cars in China were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).
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