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2022
Exports $6.29BWorld Rnk 1 / 171
Flag Rnk 111 / 1216
2022
Destination $190M United States
2021 - 2022
FASTEST GROWING MARKET $190MBrazil
2022
PRODUCT COMPLEXITY IN Fork-Lifts1.54Rnk 42 / 1025
2022
Imports $158MWorld Rnk 38 / 218
Flag Rnk 560 / 1212
2022
Origin $2.9M Japan
2021 - 2022
FASTEST GROWING ORIGIN $2.9MFinland
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.29B in Fork-Lifts, making it the 1st largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 111th most exported product in China. The main destination of Fork-Lifts exports from China are: United States ($813M), Netherlands ($395M), Australia ($366M), Russia ($354M), and Brazil ($330M).

The fastest growing export markets for Fork-Lifts of China between 2021 and 2022 were Brazil ($190M), United States ($160M), and Russia ($160M).

Imports In 2022, China imported $158M in Fork-Lifts, becoming the 38th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 560th most imported product in China. China imports Fork-Lifts primarily from: Japan ($30.1M), Germany ($29.2M), United States ($27.1M), South Korea ($22.4M), and Sweden ($8.27M).

The fastest growing import markets in Fork-Lifts for China between 2021 and 2022 were Finland ($2.9M), Austria ($2.12M), and Italy ($1.16M).

COMPANIES In 2023, leading companies such as CrimsonLogic (58), Volvo (35), and Tmall (30) were at the forefront of shipping Fork-Lifts from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Fork-Lifts exports accounted up to $698M and imports accounted up to $13.2M, resulting in a positive trade balance of $684M. Between October 2023 and October 2024 the exports of China's   Fork-Lifts have increased by $159M (29.5%) from $539M to $698M, while imports increased by $3.18M (31.7%) from $10.1M to $13.2M.

Destinations In October 2024, Fork-Lifts were exported mostly to Russia ($101M), United States ($61.2M), Brazil ($47.3M), Australia ($37.8M), and Saudi Arabia ($37.2M), and were imported mostly from Germany ($6.35M), Japan ($2.5M), United States ($1.84M), Italy ($1.37M), and France ($316k).

Growth In October 2024, the increase in Fork-Lifts's year-by-year exports was explained primarily by an increase in exports to Turkey ($22.3M or 499%), United States ($21M or 39.4%), and Russia ($13.2M or 48.4%). In October 2024, the increase in Fork-Lifts's year-by-year imports was explained primarily by an increase in imports from United States ($2.83M or 485%), Denmark ($953k or 105%), and China ($274k or 418%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$159M(29.5%)
IMPORT GROWTH (October 2023 - October 2024)$3.18M(31.7%)
MAIN EXPORTER (October 2024)Zhejiang Province$263M
MAIN DESTINATION (October 2024)Russia$101M

This section shows Fork-Lifts'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 Fork-Lifts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.29B
IMPORTS (2022)$158M
NET TRADE (2022)$6.13B

In 2022, China exported $6.29B in Fork-Lifts. The main destinations of China exports on Fork-Lifts were United States ($813M), Netherlands ($395M), Australia ($366M), Russia ($354M), and Brazil ($330M).

In 2022, China imported $158M in Fork-Lifts, mainly from Japan ($30.1M), Germany ($29.2M), United States ($27.1M), South Korea ($22.4M), and Sweden ($8.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR China WERE (2021 - 2022):
Brazil$190M (135%)
United States$160M (24.5%)
Russia$160M (82%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY China WERE (2021 - 2022):
Ukraine-$6.64M (-45.7%)
Serbia-$3.98M (-28.4%)
Egypt-$2.38M (-17.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Fork-Lifts were:
Germany $3.95B
United States $2.16B
In 2022, China's main importing competitors in Fork-Lifts were:
United States $4.37B
Germany $1.4B
Netherlands $1.4B

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $139M
TOP IMPORT POTENTIALGermany+ $18.9M

Fork-Lifts’s highest export potential is United States. With an export gap of $139M.   Fork-Lifts’s highest import potential is Germany with an import gap of $18.9M.

See methodology.

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