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%).