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2022
Exports $8.15BWorld Rnk 1 / 193
Flag Rnk 86 / 1216
2022
Destination $372M United States
2021 - 2022
FASTEST GROWING MARKET $372MColombia
2022
PRODUCT COMPLEXITY IN Electric Generating Sets0.31Rnk 443 / 1025
2022
Imports $729MWorld Rnk 6 / 221
Flag Rnk 278 / 1212
2022
Origin $58.4M Japan
2021 - 2022
FASTEST GROWING ORIGIN $58.4MItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $8.15B in Electric Generating Sets, making it the 1st largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 86th most exported product in China. The main destination of Electric Generating Sets exports from China are: United States ($720M), Russia ($431M), Colombia ($413M), Indonesia ($331M), and Vietnam ($320M).

The fastest growing export markets for Electric Generating Sets of China between 2021 and 2022 were Colombia ($372M), Argentina ($220M), and Canada ($189M).

Imports In 2022, China imported $729M in Electric Generating Sets, becoming the 6th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 278th most imported product in China. China imports Electric Generating Sets primarily from: Japan ($221M), Italy ($114M), Brazil ($106M), South Korea ($105M), and Germany ($71.8M).

The fastest growing import markets in Electric Generating Sets for China between 2021 and 2022 were Italy ($58.4M), Brazil ($55.6M), and Japan ($51.1M).

COMPANIES In 2023, leading companies such as CrimsonLogic (24), Costco Wholesale (9), and Walgreens (6) were at the forefront of shipping Electric Generating Sets from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Electric Generating Sets exports accounted up to $597M and imports accounted up to $55.3M, resulting in a positive trade balance of $542M. Between October 2023 and October 2024 the exports of China's   Electric Generating Sets have increased by $166M (38.5%) from $431M to $597M, while imports increased by $10.8M (24.4%) from $44.4M to $55.3M.

Destinations In October 2024, Electric Generating Sets were exported mostly to Russia ($68.6M), United States ($40M), Australia ($36.4M), Greece ($32M), and Indonesia ($26.7M), and were imported mostly from Japan ($21.6M), Singapore ($19.2M), Finland ($6.1M), South Korea ($2.29M), and Sweden ($1.6M).

Growth In October 2024, the increase in Electric Generating Sets's year-by-year exports was explained primarily by an increase in exports to Poland ($43.5M or 331%), Germany ($32.8M or 466%), and Turkey ($25.5M or 330%). In October 2024, the increase in Electric Generating Sets's year-by-year imports was explained primarily by an increase in imports from South Korea ($13.7M or 3.4k%), Austria ($898k or 50.2%), and Vietnam ($259k or 55.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$166M(38.5%)
IMPORT GROWTH (October 2023 - October 2024)$10.8M(24.4%)
MAIN EXPORTER (October 2024)Jiangsu Province$132M
MAIN DESTINATION (October 2024)Russia$68.6M

This section shows Electric Generating Sets'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 Generating Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.15B
IMPORTS (2022)$729M
NET TRADE (2022)$7.42B

In 2022, China exported $8.15B in Electric Generating Sets. The main destinations of China exports on Electric Generating Sets were United States ($720M), Russia ($431M), Colombia ($413M), Indonesia ($331M), and Vietnam ($320M).

In 2022, China imported $729M in Electric Generating Sets, mainly from Japan ($221M), Italy ($114M), Brazil ($106M), South Korea ($105M), and Germany ($71.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR China WERE (2021 - 2022):
Colombia$372M (897%)
Argentina$220M (1.21k%)
Canada$189M (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY China WERE (2021 - 2022):
Vietnam-$453M (-58.6%)
Pakistan-$143M (-67.3%)
United States-$111M (-13.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Electric Generating Sets were:
Germany $2.85B
United States $2.11B
In 2022, China's main importing competitors in Electric Generating Sets were:
United States $2.63B
Canada $1.37B
United Kingdom $1.02B

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Trade Value of Electric Generating Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $117M
TOP IMPORT POTENTIALGermany+ $34.6M

Electric Generating Sets’s highest export potential is United States. With an export gap of $117M.   Electric Generating Sets’s highest import potential is Germany with an import gap of $34.6M.

See methodology.

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