Exports In 2021, China exported $33.4B in Electric Batteries, making it the 1st largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 14th most exported product in China. The main destination of Electric Batteries exports from China are: United States ($5.26B), Germany ($3.68B), South Korea ($3.21B), Hong Kong ($2.9B), and Vietnam ($2.75B).
The fastest growing export markets for Electric Batteries of China between 2020 and 2021 were United States ($2.49B), Germany ($1.84B), and South Korea ($1.57B).
Imports In 2021, China imported $3.71B in Electric Batteries, becoming the 4th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 89th most imported product in China. China imports Electric Batteries primarily from: Japan ($938M), Germany ($843M), South Korea ($843M), Singapore ($291M), and Vietnam ($211M).
The fastest growing import markets in Electric Batteries for China between 2020 and 2021 were Germany ($257M), Japan ($201M), and Singapore ($92M).
Tariffs In 2018, the average tariff for China in Electric Batteries was 8.65%. The countries with the highest import tariffs for Electric Batteries were Macau (Most Favoured Nation duty rate treatment, 11.2%), Burkina Faso (Most Favoured Nation duty rate treatment, 11%), Botswana (Most Favoured Nation duty rate treatment, 11%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 11%), and Cameroon (Most Favoured Nation duty rate treatment, 11%).