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Pricing

2022
Exports $3.03BWorld Rnk 3 / 216
Flag Rnk 227 / 1216
2022
Destination $32.8M United States
2021 - 2022
FASTEST GROWING MARKET $32.8MMexico
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments1.18Rnk 107 / 1025
2022
Imports $2.45BWorld Rnk 2 / 225
Flag Rnk 129 / 1212
2022
Origin $27.9M Germany
2021 - 2022
FASTEST GROWING ORIGIN $27.9MSwitzerland
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.03B in Gas and Liquid Flow Measuring Instruments, making it the 3rd largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 227th most exported product in China. The main destination of Gas and Liquid Flow Measuring Instruments exports from China are: United States ($511M), Germany ($285M), Hong Kong ($207M), Japan ($207M), and South Korea ($194M).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of China between 2021 and 2022 were Mexico ($32.8M), United States ($31.6M), and Germany ($19M).

Imports In 2022, China imported $2.45B in Gas and Liquid Flow Measuring Instruments, becoming the 2nd largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 129th most imported product in China. China imports Gas and Liquid Flow Measuring Instruments primarily from: Germany ($675M), Japan ($391M), United States ($371M), Switzerland ($202M), and United Kingdom ($81.3M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for China between 2021 and 2022 were Switzerland ($27.9M), Malaysia ($26.3M), and South Korea ($9.29M).

COMPANIES In 2023, leading companies such as Volvo (53), ABB Motors and Mechanical (28), and Robert Bosch (24) were at the forefront of shipping Gas and Liquid Flow Measuring Instruments from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Gas and Liquid Flow Measuring Instruments exports accounted up to $249M and imports accounted up to $255M, resulting in a negative trade balance of $5.51M. Between October 2023 and October 2024 the exports of China's   Gas and Liquid Flow Measuring Instruments have increased by $39.6M (18.9%) from $210M to $249M, while imports decreased by $-37.9M (-13%) from $293M to $255M.

Destinations In October 2024, Gas and Liquid Flow Measuring Instruments were exported mostly to United States ($34.5M), Germany ($27.3M), South Korea ($20M), Russia ($17.4M), and Japan ($14.9M), and were imported mostly from Germany ($59M), Japan ($50.6M), United States ($36.7M), Switzerland ($16.8M), and Malaysia ($9.51M).

Growth In October 2024, the increase in Gas and Liquid Flow Measuring Instruments's year-by-year exports was explained primarily by an increase in exports to Malaysia ($7.98M or 191%), Russia ($5.77M or 96.9%), and Indonesia ($4.37M or 102%). In October 2024, the decrease in Gas and Liquid Flow Measuring Instruments's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-4.68M or -23.4%), Japan ($-4.03M or -8.85%), and United Kingdom ($-3.46M or -45.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$39.6M(18.9%)
IMPORT GROWTH (October 2023 - October 2024)$-37.9M(-13%)
MAIN EXPORTER (October 2024)Jiangsu Province$74.4M
MAIN DESTINATION (October 2024)United States$34.5M

This section shows Gas and Liquid Flow Measuring Instruments'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 Gas and Liquid Flow Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.03B
IMPORTS (2022)$2.45B
NET TRADE (2022)$589M

In 2022, China exported $3.03B in Gas and Liquid Flow Measuring Instruments. The main destinations of China exports on Gas and Liquid Flow Measuring Instruments were United States ($511M), Germany ($285M), Hong Kong ($207M), Japan ($207M), and South Korea ($194M).

In 2022, China imported $2.45B in Gas and Liquid Flow Measuring Instruments, mainly from Germany ($675M), Japan ($391M), United States ($371M), Switzerland ($202M), and United Kingdom ($81.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR China WERE (2021 - 2022):
Mexico$32.8M (34.5%)
United States$31.6M (6.61%)
Germany$19M (7.12%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY China WERE (2021 - 2022):
China-$17.9M (-21.2%)
Japan-$13.8M (-6.25%)
Bulgaria-$13.3M (-54.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
Germany $4.81B
United States $3.92B
In 2022, China's main importing competitors in Gas and Liquid Flow Measuring Instruments were:
United States $3.96B
Germany $2.28B

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $94.1M
TOP IMPORT POTENTIALUnited States+ $66.3M

Gas and Liquid Flow Measuring Instruments’s highest export potential is United States. With an export gap of $94.1M.   Gas and Liquid Flow Measuring Instruments’s highest import potential is United States with an import gap of $66.3M.

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