2023
Exports
$4.16BWorld Rnk 4 / 215
Flag Rnk 150 / 1215
2023
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.72Rnk 22 / 1025
2023
Imports
$8.13BWorld Rnk 1 / 225
Flag Rnk 37 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $4.16B in Chemical Analysis Instruments, making it the 4th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 150th most exported product in China. The main destination of Chemical Analysis Instruments exports from China are: Hong Kong ($556M), United States ($502M), Germany ($312M), Russia ($292M), and India ($271M).

The fastest growing export markets for Chemical Analysis Instruments of China between 2022 and 2023 were Russia ($161M), India ($68M), and Mexico ($25.5M).

Imports In 2023, China imported $8.13B in Chemical Analysis Instruments, becoming the 1st largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 37th most imported product in China. China imports Chemical Analysis Instruments primarily from: United States ($2.13B), Germany ($1.42B), Japan ($1.3B), Singapore ($989M), and United Kingdom ($396M).

The fastest growing import markets in Chemical Analysis Instruments for China between 2022 and 2023 were Germany ($79.7M), France ($45.2M), and Switzerland ($37.2M).

COMPANIES In 2024, leading companies such as ABB Motors and Mechanical (9), Haas Automation (4), and Apex Tool Group (1) were at the forefront of shipping Chemical Analysis Instruments from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$54.8M(17.7%)
IMPORT GROWTH (December 2023 - December 2024)$-32.9M(-3.81%)
MAIN EXPORTER (December 2024)Guangdong Province$125M
MAIN DESTINATION (December 2024)United States$45.7M

This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.16B
IMPORTS (2023)$8.13B
NET TRADE (2023)-$3.97B

In 2023, China exported $4.16B in Chemical Analysis Instruments. The main destinations of China exports on Chemical Analysis Instruments were Hong Kong ($556M), United States ($502M), Germany ($312M), Russia ($292M), and India ($271M).

In 2023, China imported $8.13B in Chemical Analysis Instruments, mainly from United States ($2.13B), Germany ($1.42B), Japan ($1.3B), Singapore ($989M), and United Kingdom ($396M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$161M (123%)
India$68M (33.5%)
Mexico$25.5M (28.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY China WERE (2022 - 2023):
Japan-$130M (-45.4%)
Hong Kong-$120M (-17.7%)
Germany-$70.2M (-18.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Chemical Analysis Instruments were:
In 2023, China's main importing competitors in Chemical Analysis Instruments were:

Explore Visualizations

Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $193M
TOP IMPORT POTENTIALJapan+ $191M

Chemical Analysis Instruments’s highest export potential is United States. With an export gap of $193M.   Chemical Analysis Instruments’s highest import potential is Japan with an import gap of $191M.

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