HS Icon Electric Batteries in  Flag China

2020
Exports | Imports
: $20.5B | $3.91B, World Rnk 1 / 201
Flag Rnk 23 / 1215 | World Rnk 3 / 224
Flag Rnk 66 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $524M | $428M, Vietnam |  South Korea

2020
ECONOMIC COMPLEXITY of China
: 0.96, Rnk 28 / 127

2020
PRODUCT COMPLEXITY  IN Electric Batteries
: 0.89, Rnk 211 / 1029

Exports In 2020, China exported $20.5B in Electric Batteries, making it the 1st largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 23rd most exported product in China. The main destination of Electric Batteries exports from China are: United States ($2.76B), Hong Kong ($2.26B), Germany ($1.84B), South Korea ($1.62B), and Vietnam ($1.6B).

The fastest growing export markets for Electric Batteries of China between 2019 and 2020 were Vietnam ($524M), United States ($450M), and South Korea ($395M).

Imports In 2020, China imported $3.91B in Electric Batteries, becoming the 3rd largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 66th most imported product in China. China imports Electric Batteries primarily from: South Korea ($1.12B), Japan ($737M), Germany ($586M), Malaysia ($507M), and United States ($274M).

The fastest growing import markets in Electric Batteries for China between 2019 and 2020 were South Korea ($428M), Malaysia ($312M), and United States ($166M).

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 treatement, 11.2%), Burkina Faso (Most Favoured Nation duty rate treatement, 11%), Botswana (Most Favoured Nation duty rate treatement, 11%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 11%), and Cameroon (Most Favoured Nation duty rate treatement, 11%).

December 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (December 2021 - December 2022): $2.4B, (59.6%)

IMPORT GROWTH (December 2021 - December 2022): $-100M, (-25.5%)

MAIN EXPORTER (December 2022): Fujian Province, $2.09B

MAIN DESTINATION (December 2022): United States, $1.57B

This section shows Electric Batteries'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 Electric Batteries over time.

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Historical Data

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EXPORTS (2020): $20.5B

IMPORTS (2020): $3.91B

NET TRADE (2020): $16.6B

In 2020, China exported $20.5B in Electric Batteries. The main destinations of China exports on Electric Batteries were United States ($2.76B), Hong Kong ($2.26B), Germany ($1.84B), South Korea ($1.62B), and Vietnam ($1.6B).

In 2020, China imported $3.91B in Electric Batteries, mainly from South Korea ($1.12B), Japan ($737M), Germany ($586M), Malaysia ($507M), and United States ($274M).

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Flow

THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR China WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY China WERE (2019 - 2020):

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Market Concentration

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Type

In 2020, China's main exporting competitors in Electric Batteries were:

In 2020, China's main importing competitors in Electric Batteries were:

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