HS Icon Low-voltage Protection Equipment in  Flag China

2020
Exports | Imports
: $18.8B | $8.52B, World Rnk 1 / 226
Flag Rnk 24 / 1215 | World Rnk 2 / 225
Flag Rnk 31 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $458M | $578M, Vietnam |  Hong Kong

2020
ECONOMIC COMPLEXITY of China
: 0.96, Rnk 28 / 127

2020
PRODUCT COMPLEXITY  IN Low-voltage Protection Equipment
: 0.68, Rnk 292 / 1029

Exports In 2020, China exported $18.8B in Low-voltage Protection Equipment, making it the 1st largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 24th most exported product in China. The main destination of Low-voltage Protection Equipment exports from China are: Hong Kong ($3.96B), United States ($2.38B), Vietnam ($1.35B), Japan ($1.02B), and Germany ($985M).

The fastest growing export markets for Low-voltage Protection Equipment of China between 2019 and 2020 were Vietnam ($458M), Hong Kong ($120M), and Saudi Arabia ($70.7M).

Imports In 2020, China imported $8.52B in Low-voltage Protection Equipment, becoming the 2nd largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 31st most imported product in China. China imports Low-voltage Protection Equipment primarily from: Japan ($2.19B), Germany ($1.8B), South Korea ($755M), Hong Kong ($656M), and United States ($578M).

The fastest growing import markets in Low-voltage Protection Equipment for China between 2019 and 2020 were Hong Kong ($578M), Germany ($191M), and Japan ($122M).

Tariffs In 2018, the average tariff for China in Low-voltage Protection Equipment was 4.42%. The countries with the highest import tariffs for Low-voltage Protection Equipment were South Korea (Preferential tariff for Korea, Republic of, 6.34%), Burkina Faso (Most Favoured Nation duty rate treatement, 5.62%), Botswana (Most Favoured Nation duty rate treatement, 5.62%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5.62%), and Cameroon (Most Favoured Nation duty rate treatement, 5.62%).

December 2022

Subnational Monthly Trade

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Value

EXPORT GROWTH (December 2021 - December 2022): $-332M, (-14.9%)

IMPORT GROWTH (December 2021 - December 2022): $-390M, (-25.2%)

MAIN EXPORTER (December 2022): Guangdong Province, $617M

MAIN DESTINATION (December 2022): Hong Kong, $281M

This section shows Low-voltage Protection Equipment'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 Low-voltage Protection Equipment over time.

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Historical Data

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EXPORTS (2020): $18.8B

IMPORTS (2020): $8.52B

NET TRADE (2020): $10.2B

In 2020, China exported $18.8B in Low-voltage Protection Equipment. The main destinations of China exports on Low-voltage Protection Equipment were Hong Kong ($3.96B), United States ($2.38B), Vietnam ($1.35B), Japan ($1.02B), and Germany ($985M).

In 2020, China imported $8.52B in Low-voltage Protection Equipment, mainly from Japan ($2.19B), Germany ($1.8B), South Korea ($755M), Hong Kong ($656M), and United States ($578M).

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THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR China WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY China WERE (2019 - 2020):

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Market Concentration

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In 2020, China's main exporting competitors in Low-voltage Protection Equipment were:

In 2020, China's main importing competitors in Low-voltage Protection Equipment were:

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