2022
Exports
$6.88BWorld Rnk 1 / 184
Flag Rnk 101 / 1216
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$1.3BWorld Rnk 5 / 219
Flag Rnk 183 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.88B in Lifting Machinery, making it the 1st largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 101st most exported product in China. The main destination of Lifting Machinery exports from China are: Indonesia ($447M), Vietnam ($434M), United States ($404M), Australia ($369M), and India ($315M).

The fastest growing export markets for Lifting Machinery of China between 2021 and 2022 were Indonesia ($165M), India ($99.4M), and United States ($79.5M).

Imports In 2022, China imported $1.3B in Lifting Machinery, becoming the 5th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 183rd most imported product in China. China imports Lifting Machinery primarily from: Germany ($276M), Chinese Taipei ($197M), Japan ($155M), South Korea ($144M), and United States ($79.8M).

The fastest growing import markets in Lifting Machinery for China between 2021 and 2022 were Switzerland ($24.1M), Spain ($6.45M), and Austria ($5.06M).

COMPANIES In 2023, leading companies such as Yaheetech (1.94k), Tmall (1.53k), and Costco Wholesale (833) were at the forefront of shipping Lifting Machinery from China to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$-32.2M(-5.08%)
IMPORT GROWTH (April 2023 - April 2024)$-7.33M(-4.92%)
MAIN EXPORTER (April 2024)Jiangsu Province$190M
MAIN DESTINATION (April 2024)Vietnam$52M

This section shows Lifting Machinery'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 Lifting Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.88B
IMPORTS (2022)$1.3B
NET TRADE (2022)$5.58B

In 2022, China exported $6.88B in Lifting Machinery. The main destinations of China exports on Lifting Machinery were Indonesia ($447M), Vietnam ($434M), United States ($404M), Australia ($369M), and India ($315M).

In 2022, China imported $1.3B in Lifting Machinery, mainly from Germany ($276M), Chinese Taipei ($197M), Japan ($155M), South Korea ($144M), and United States ($79.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$165M (58.4%)
India$99.4M (46.1%)
United States$79.5M (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY China WERE (2021 - 2022):
Philippines-$37.7M (-26.2%)
Qatar-$20M (-33.2%)
Thailand-$19.7M (-7.65%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Lifting Machinery were:
Germany $5.16B
Italy $2.48B
In 2022, China's main importing competitors in Lifting Machinery were:

Explore Visualizations

Trade Value of Lifting Machinery by Exporters

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