2022
Exports
$12.6BWorld Rnk 3 / 223
Flag Rnk 59 / 1216
2022
PRODUCT COMPLEXITY IN Centrifuges
1.1Rnk 136 / 1025
2022
Imports
$4.85BWorld Rnk 3 / 226
Flag Rnk 71 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $12.6B in Centrifuges, making it the 3rd largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 59th most exported product in China. The main destination of Centrifuges exports from China are: United States ($1.99B), Indonesia ($615M), Japan ($577M), Germany ($500M), and Russia ($499M).

The fastest growing export markets for Centrifuges of China between 2021 and 2022 were Indonesia ($193M), Canada ($169M), and Kazakhstan ($93M).

Imports In 2022, China imported $4.85B in Centrifuges, becoming the 3rd largest importer of Centrifuges in the world. At the same year, Centrifuges was the 71st most imported product in China. China imports Centrifuges primarily from: United States ($1.24B), Germany ($952M), Japan ($601M), South Korea ($420M), and United Kingdom ($180M).

The fastest growing import markets in Centrifuges for China between 2021 and 2022 were United States ($109M), Saudi Arabia ($40M), and Japan ($16.2M).

COMPANIES In 2023, leading companies such as IKEA Group (87), Volvo (46), and Telamon (26) were at the forefront of shipping Centrifuges from China to the United States.

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)$184M(17.4%)
IMPORT GROWTH (May 2023 - May 2024)$-13.7M(-2.77%)
MAIN EXPORTER (May 2024)Shandong Province$1.28B
MAIN DESTINATION (May 2024)United States$222M

This section shows Centrifuges'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 Centrifuges over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.6B
IMPORTS (2022)$4.85B
NET TRADE (2022)$7.77B

In 2022, China exported $12.6B in Centrifuges. The main destinations of China exports on Centrifuges were United States ($1.99B), Indonesia ($615M), Japan ($577M), Germany ($500M), and Russia ($499M).

In 2022, China imported $4.85B in Centrifuges, mainly from United States ($1.24B), Germany ($952M), Japan ($601M), South Korea ($420M), and United Kingdom ($180M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$193M (45.8%)
Canada$169M (67%)
Kazakhstan$93M (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY China WERE (2021 - 2022):
United States-$211M (-9.61%)
Japan-$209M (-26.6%)
Pakistan-$102M (-54.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $387M
TOP IMPORT POTENTIALGermany+ $217M

Centrifuges’s highest export potential is United States. With an export gap of $387M.   Centrifuges’s highest import potential is Germany with an import gap of $217M.

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