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2022
Exports $1.72BWorld Rnk 1 / 203
Flag Rnk 331 / 1216
2022
Destination $7M United States
2021 - 2022
FASTEST GROWING MARKET $7MChinese Taipei
2022
PRODUCT COMPLEXITY IN Hydrometers0.82Rnk 240 / 1025
2022
Imports $580MWorld Rnk 3 / 222
Flag Rnk 318 / 1212
2022
Origin $10.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $10.8MMexico
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.72B in Hydrometers, making it the 1st largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 331st most exported product in China. The main destination of Hydrometers exports from China are: United States ($351M), Germany ($182M), Japan ($146M), Hong Kong ($110M), and South Korea ($74.6M).

The fastest growing export markets for Hydrometers of China between 2021 and 2022 were Chinese Taipei ($7M), Australia ($6.32M), and Ukraine ($5.89M).

Imports In 2022, China imported $580M in Hydrometers, becoming the 3rd largest importer of Hydrometers in the world. At the same year, Hydrometers was the 318th most imported product in China. China imports Hydrometers primarily from: Germany ($123M), United States ($79.1M), China ($52.9M), Japan ($48.5M), and Finland ($35.3M).

The fastest growing import markets in Hydrometers for China between 2021 and 2022 were Mexico ($10.8M), United States ($9.16M), and Finland ($7.72M).

COMPANIES In 2023, leading companies such as IKEA Group (7), Conair (4), and Amazon (3) were at the forefront of shipping Hydrometers from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Hydrometers exports accounted up to $125M and imports accounted up to $78M, resulting in a positive trade balance of $46.6M. Between October 2023 and October 2024 the exports of China's   Hydrometers have increased by $20.5M (19.7%) from $104M to $125M, while imports decreased by $-13.2M (-14.5%) from $91.2M to $78M.

Destinations In October 2024, Hydrometers were exported mostly to United States ($28.8M), Germany ($13.3M), Japan ($8.41M), Hong Kong ($6.83M), and Russia ($5.62M), and were imported mostly from United States ($12.7M), China ($9.63M), Germany ($8.99M), Japan ($6.54M), and Mexico ($5.01M).

Growth In October 2024, the increase in Hydrometers's year-by-year exports was explained primarily by an increase in exports to Malaysia ($3.12M or 105%), Germany ($998k or 7.3%), and France ($995k or 49.9%). In October 2024, the decrease in Hydrometers's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-2.62M or -47.9%), Bulgaria ($-2.56M or -65%), and Chinese Taipei ($-1.39M or -21.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$20.5M(19.7%)
IMPORT GROWTH (October 2023 - October 2024)$-13.2M(-14.5%)
MAIN EXPORTER (October 2024)Guangdong Province$53.6M
MAIN DESTINATION (October 2024)United States$28.8M

This section shows Hydrometers'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 Hydrometers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.72B
IMPORTS (2022)$580M
NET TRADE (2022)$1.14B

In 2022, China exported $1.72B in Hydrometers. The main destinations of China exports on Hydrometers were United States ($351M), Germany ($182M), Japan ($146M), Hong Kong ($110M), and South Korea ($74.6M).

In 2022, China imported $580M in Hydrometers, mainly from Germany ($123M), United States ($79.1M), China ($52.9M), Japan ($48.5M), and Finland ($35.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrometers EXPORT MARKETS FOR China WERE (2021 - 2022):
Chinese Taipei$7M (26.6%)
Australia$6.32M (24.3%)
Ukraine$5.89M (81.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrometers BY China WERE (2021 - 2022):
Hong Kong-$111M (-50.1%)
United States-$80.4M (-18.6%)
Japan-$56.3M (-27.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Hydrometers were:
Germany $1.01B
United States $961M
In 2022, China's main importing competitors in Hydrometers were:
United States $1.28B
Germany $814M

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Trade Value of Hydrometers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $29.9M
TOP IMPORT POTENTIALUnited States+ $17.7M

Hydrometers’s highest export potential is India. With an export gap of $29.9M.   Hydrometers’s highest import potential is United States with an import gap of $17.7M.

See methodology.

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