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2022
Exports $272MWorld Rnk 3 / 144
Flag Rnk 702 / 1216
2022
Destination $66.8M Indonesia
2021 - 2022
FASTEST GROWING MARKET $66.8MIndonesia
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces1.17Rnk 112 / 1025
2022
Imports $138MWorld Rnk 3 / 209
Flag Rnk 584 / 1212
2022
Origin $7.06M Italy
2021 - 2022
FASTEST GROWING ORIGIN $7.06MDenmark
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $272M in Liquid Fuel Furnaces, making it the 3rd largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 702nd most exported product in China. The main destination of Liquid Fuel Furnaces exports from China are: Indonesia ($81.2M), United States ($29M), Italy ($9.89M), Germany ($8.66M), and South Korea ($8.45M).

The fastest growing export markets for Liquid Fuel Furnaces of China between 2021 and 2022 were Indonesia ($66.8M), United States ($11.9M), and Russia ($4.73M).

Imports In 2022, China imported $138M in Liquid Fuel Furnaces, becoming the 3rd largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 584th most imported product in China. China imports Liquid Fuel Furnaces primarily from: Italy ($42.9M), Germany ($29.8M), Denmark ($11.7M), United States ($10.9M), and Japan ($8.9M).

The fastest growing import markets in Liquid Fuel Furnaces for China between 2021 and 2022 were Denmark ($7.06M), Germany ($5.21M), and France ($2.52M).

COMPANIES In 2023, leading companies such as Cummins Jaw Warehouse (76), Cummins (30), and Kubota (21) were at the forefront of shipping Liquid Fuel Furnaces from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Liquid Fuel Furnaces exports accounted up to $14.6M and imports accounted up to $12.1M, resulting in a positive trade balance of $2.56M. Between October 2023 and October 2024 the exports of China's   Liquid Fuel Furnaces have increased by $2.88M (24.5%) from $11.8M to $14.6M, while imports increased by $3.46M (40.1%) from $8.62M to $12.1M.

Destinations In October 2024, Liquid Fuel Furnaces were exported mostly to Russia ($2.13M), Indonesia ($1.48M), Qatar ($906k), Iran ($870k), and Zambia ($701k), and were imported mostly from Denmark ($3.56M), Italy ($2.25M), Finland ($1.52M), Germany ($1.09M), and Czechia ($870k).

Growth In October 2024, the increase in Liquid Fuel Furnaces's year-by-year exports was explained primarily by an increase in exports to Poland ($1.35M or 36.1k%), Hong Kong ($689k or 638%), and Russia ($497k or 54.5%). In October 2024, the increase in Liquid Fuel Furnaces's year-by-year imports was explained primarily by an increase in imports from Italy ($676k or 29.7%), France ($569k or 141%), and Denmark ($141k or 1.46k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$2.88M(24.5%)
IMPORT GROWTH (October 2023 - October 2024)$3.46M(40.1%)
MAIN EXPORTER (October 2024)Jiangsu Province$5.85M
MAIN DESTINATION (October 2024)Russia$2.13M

This section shows Liquid Fuel Furnaces'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 Liquid Fuel Furnaces over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$272M
IMPORTS (2022)$138M
NET TRADE (2022)$134M

In 2022, China exported $272M in Liquid Fuel Furnaces. The main destinations of China exports on Liquid Fuel Furnaces were Indonesia ($81.2M), United States ($29M), Italy ($9.89M), Germany ($8.66M), and South Korea ($8.45M).

In 2022, China imported $138M in Liquid Fuel Furnaces, mainly from Italy ($42.9M), Germany ($29.8M), Denmark ($11.7M), United States ($10.9M), and Japan ($8.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$66.8M (464%)
United States$11.9M (69.3%)
Russia$4.73M (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY China WERE (2021 - 2022):
Kazakhstan-$10.1M (-78.4%)
Malaysia-$8.86M (-60.4%)
Iran-$7.03M (-87.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Liquid Fuel Furnaces were:
Germany $567M
Italy $423M
In 2022, China's main importing competitors in Liquid Fuel Furnaces were:
United States $219M
Germany $178M

Explore Visualizations

Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $6.26M
TOP IMPORT POTENTIALGermany+ $4.91M

Liquid Fuel Furnaces’s highest export potential is India. With an export gap of $6.26M.   Liquid Fuel Furnaces’s highest import potential is Germany with an import gap of $4.91M.

See methodology.

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