Fork-Lifts in China 2020 Exports | Imports : $2.41B | $189M, World Rnk 2 / 153 Rnk 195 / 1215 | World Rnk 17 / 220 Rnk 498 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $24.6M | $16M, United States | South Korea
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Fork-Lifts: 1.6, Rnk 40 / 1029
Exports In 2020, China exported $2.41B in Fork-Lifts, making it the 2nd largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 195th most exported product in China. The main destination of Fork-Lifts exports from China are: United States ($336M), Australia ($135M), Netherlands ($126M), Russia ($112M), and Germany ($104M).
The fastest growing export markets for Fork-Lifts of China between 2019 and 2020 were United States ($24.6M), Turkey ($24.4M), and Argentina ($22.1M).
Imports In 2020, China imported $189M in Fork-Lifts, becoming the 17th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 498th most imported product in China. China imports Fork-Lifts primarily from: Japan ($39.5M), South Korea ($32M), Germany ($30.7M), United States ($24.3M), and Netherlands ($13.2M).
The fastest growing import markets in Fork-Lifts for China between 2019 and 2020 were South Korea ($16M), Netherlands ($9.16M), and Japan ($7.38M).
Tariffs In 2018, the average tariff for China in Fork-Lifts was 7.03%. The countries with the highest import tariffs for Fork-Lifts were Burkina Faso (Most Favoured Nation duty rate treatement, 9%), Botswana (Most Favoured Nation duty rate treatement, 9%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 9%), Cameroon (Most Favoured Nation duty rate treatement, 9%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 9%).
October 2022
Overview In October 2022 China's Fork-Lifts exports accounted up to $518M and imports accounted up to $14.3M, resulting in a positive trade balance of $504M. Between October 2021 and October 2022 the exports of China's Fork-Lifts have increased by $119M (29.8%) from $399M to $518M, while imports decreased by $-11.2M (-44%) from $25.5M to $14.3M.
Destinations In October 2022, Fork-Lifts were exported mostly to United States ($75.5M), Russia ($45.6M), Australia ($35.3M), Netherlands ($32.3M), and Brazil ($25.5M), and were imported mostly from Germany ($3.5M), Japan ($3.13M), Finland ($3.13M), South Korea ($1.93M), and United States ($830k).
Growth In October 2022, the increase in Fork-Lifts's year-by-year exports was explained primarily by an increase in exports to Australia ($5.77M or 50.7%), Argentina ($5.07M or 169%), and South Korea ($4.1M or 97.7%). In October 2022, the decrease in Fork-Lifts's year-by-year imports was explained primarily by a decrease in imports from Germany ($-3.04M or -30.2%), United States ($-1.11M or -60%), and Japan ($-352k or -10%).
EXPORT GROWTH (October 2021 - October 2022): $119M, (29.8%)
IMPORT GROWTH (October 2021 - October 2022): $-11.2M, (-44%)
MAIN EXPORTER (October 2022): Zhejiang Province, $185M
MAIN DESTINATION (October 2022): United States, $75.5M
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.
For full datasets download visit Bulk Download page.
EXPORTS (2020): $2.41B
IMPORTS (2020): $189M
NET TRADE (2020): $2.23B
In 2020, China exported $2.41B in Fork-Lifts. The main destinations of China exports on Fork-Lifts were United States ($336M), Australia ($135M), Netherlands ($126M), Russia ($112M), and Germany ($104M).
In 2020, China imported $189M in Fork-Lifts, mainly from Japan ($39.5M), South Korea ($32M), Germany ($30.7M), United States ($24.3M), and Netherlands ($13.2M).
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Fork-Lifts were:
In 2020, China's main importing competitors in Fork-Lifts were:
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