2022
Exports
$45.2BWorld Rnk 6 / 210
Flag Rnk 12 / 1216
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$45.8BWorld Rnk 3 / 224
Flag Rnk 8 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $45.2B in Cars, making it the 6th largest exporter of Cars in the world. At the same year, Cars was the 12th most exported product in China. The main destination of Cars exports from China are: Belgium ($5.47B), United Kingdom ($4.24B), Saudi Arabia ($2.69B), Australia ($2.61B), and United States ($2.54B).

The fastest growing export markets for Cars of China between 2021 and 2022 were Belgium ($2.44B), United Kingdom ($2.16B), and Spain ($1.56B).

Imports In 2022, China imported $45.8B in Cars, becoming the 3rd largest importer of Cars in the world. At the same year, Cars was the 8th most imported product in China. China imports Cars primarily from: Germany ($20.5B), Japan ($7.71B), United States ($5.73B), United Kingdom ($4.09B), and Slovakia ($2.34B).

The fastest growing import markets in Cars for China between 2021 and 2022 were Germany ($969M), United Arab Emirates ($428M), and Slovakia ($161M).

COMPANIES In 2023, leading companies such as IKEA Group (609), CSI Importers (37), and CrimsonLogic (25) were at the forefront of shipping Cars from China to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$2.09B(32.5%)
IMPORT GROWTH (August 2023 - August 2024)$-26.8M(-0.64%)
MAIN EXPORTER (August 2024)Shanghai Province$1.76B
MAIN DESTINATION (August 2024)Russia$1.63B

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

Trade Balance

Color
EXPORTS (2022)$45.2B
IMPORTS (2022)$45.8B
NET TRADE (2022)-$683M

In 2022, China exported $45.2B in Cars. The main destinations of China exports on Cars were Belgium ($5.47B), United Kingdom ($4.24B), Saudi Arabia ($2.69B), Australia ($2.61B), and United States ($2.54B).

In 2022, China imported $45.8B in Cars, mainly from Germany ($20.5B), Japan ($7.71B), United States ($5.73B), United Kingdom ($4.09B), and Slovakia ($2.34B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR China WERE (2021 - 2022):
Belgium$2.44B (80.5%)
United Kingdom$2.16B (104%)
Spain$1.56B (3.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY China WERE (2021 - 2022):
Norway-$364M (-37.5%)
Egypt-$223M (-37.9%)
Pakistan-$149M (-43.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Cars were:
In 2022, China's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.5B
TOP IMPORT POTENTIALJapan+ $3B

Cars’s highest export potential is United States. With an export gap of $2.5B.   Cars’s highest import potential is Japan with an import gap of $3B.

See methodology.

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