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2023
Exports $823MWorld Rnk 1 / 143
Flag Rnk 464 / 1215
2023
Destination $11.7M United States
2022 - 2023
FASTEST GROWING MARKET $11.7MTurkey
2023
PRODUCT COMPLEXITY IN Electrical Insulators0.91Rnk 200 / 1025
2023
Imports $68.1MWorld Rnk 8 / 206
Flag Rnk 710 / 1214
2023
Origin $4.43M Germany
2022 - 2023
FASTEST GROWING ORIGIN $4.43MUnited Arab Emirates
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $823M in Electrical Insulators, making it the 1st largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 464th most exported product in China. The main destination of Electrical Insulators exports from China are: United States ($131M), India ($73.4M), Mexico ($34.9M), Brazil ($31.4M), and Italy ($28M).

The fastest growing export markets for Electrical Insulators of China between 2022 and 2023 were Turkey ($11.7M), Russia ($10.4M), and India ($9.6M).

Imports In 2023, China imported $68.1M in Electrical Insulators, becoming the 8th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 710th most imported product in China. China imports Electrical Insulators primarily from: Germany ($18M), United States ($7.33M), Japan ($6M), Sweden ($5.95M), and Vietnam ($5.33M).

The fastest growing import markets in Electrical Insulators for China between 2022 and 2023 were United Arab Emirates ($4.43M), United States ($3.79M), and Japan ($3.38M).

COMPANIES In 2024, leading companies such as IKEA Group (4), TE Connectivity (2), and ABB Motors and Mechanical (2) were at the forefront of shipping Electrical Insulators from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Electrical Insulators exports accounted up to $90.3M and imports accounted up to $26.2M, resulting in a positive trade balance of $64.1M. Between December 2023 and December 2024 the exports of China's   Electrical Insulators have increased by $32.1M (55.2%) from $58.2M to $90.3M, while imports increased by $16.9M (183%) from $9.24M to $26.2M.

Destinations In December 2024, Electrical Insulators were exported mostly to United States ($14.8M), Brazil ($7.6M), Ethiopia ($4.95M), India ($3.72M), and Vietnam ($3.38M), and were imported mostly from Germany ($9.71M), Sweden ($9.26M), Switzerland ($1.98M), United States ($1.44M), and Italy ($1.13M).

Growth In December 2024, the increase in Electrical Insulators's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia ($3.75M or 1.07k%), Philippines ($1.18M or 124%), and Italy ($987k or 52.8%). In December 2024, the increase in Electrical Insulators's year-by-year imports was explained primarily by an increase in imports from Sweden ($1.49M or 218%), United States ($459k or 168%), and Japan ($401k or 99.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$32.1M(55.2%)
IMPORT GROWTH (December 2023 - December 2024)$16.9M(183%)
MAIN EXPORTER (December 2024)Jiangsu Province$28.8M
MAIN DESTINATION (December 2024)United States$14.8M

This section shows Electrical Insulators'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 Electrical Insulators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$823M
IMPORTS (2023)$68.1M
NET TRADE (2023)$755M

In 2023, China exported $823M in Electrical Insulators. The main destinations of China exports on Electrical Insulators were United States ($131M), India ($73.4M), Mexico ($34.9M), Brazil ($31.4M), and Italy ($28M).

In 2023, China imported $68.1M in Electrical Insulators, mainly from Germany ($18M), United States ($7.33M), Japan ($6M), Sweden ($5.95M), and Vietnam ($5.33M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR China WERE (2022 - 2023):
Turkey$11.7M (133%)
Russia$10.4M (108%)
India$9.6M (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY China WERE (2022 - 2023):
United States-$21M (-13.8%)
Nigeria-$16M (-64.4%)
Pakistan-$13.4M (-44.5%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Electrical Insulators were:
United States $226M
Germany $216M
In 2023, China's main importing competitors in Electrical Insulators were:
United States $406M
Saudi Arabia $130M
Germany $125M

Explore Visualizations

Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $20.8M
TOP IMPORT POTENTIALIndia+ $3.76M

Electrical Insulators’s highest export potential is India. With an export gap of $20.8M.   Electrical Insulators’s highest import potential is India with an import gap of $3.76M.

See methodology.

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