Machinery, mechanical appliances, & parts in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $625B in Machinery, mechanical appliances, & parts, making it the 1st largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most exported product in China. The main destination of Machinery, mechanical appliances, & parts exports from China are: United States ($115B), Hong Kong ($39.1B), Germany ($33.4B), Japan ($31.5B), and India ($22.1B).

The fastest growing export markets for Machinery, mechanical appliances, & parts of China between 2021 and 2022 were Indonesia ($3.31B), India ($2.6B), and Mexico ($2.33B).

Imports In 2022, China imported $164B in Machinery, mechanical appliances, & parts, becoming the 3rd largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 4th most imported product in China. China imports Machinery, mechanical appliances, & parts primarily from: Japan ($30.9B), Germany ($21.3B), China ($16.8B), United States ($14.8B), and South Korea ($13.4B).

The fastest growing import markets in Machinery, mechanical appliances, & parts for China between 2021 and 2022 were Singapore ($1.84B), Netherlands ($1.84B), and United States ($1.51B).

COMPANIES In 2023, leading companies such as CrimsonLogic (33.5k), HP Inc (5.16k), and Samsung (3.4k) were at the forefront of shipping Machinery, mechanical appliances, & parts from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Machinery, mechanical appliances, & parts exports accounted up to $48.4B and imports accounted up to $20.8B, resulting in a positive trade balance of $27.6B. Between October 2023 and October 2024 the exports of China's Machinery, mechanical appliances, & parts have increased by $9.12B (23.2%) from $39.3B to $48.4B, while imports increased by $2.32B (12.5%) from $18.5B to $20.8B.

Destinations In October 2024, Machinery, mechanical appliances, & parts were exported mostly to United States ($7.5B), Hong Kong ($3.08B), Russia ($2.87B), Japan ($2.15B), and India ($2.03B), and were imported mostly from Chinese Taipei ($5.15B), Japan ($3B), China ($1.73B), Germany ($1.6B), and United States ($1.39B).

Growth In October 2024, the increase in Machinery, mechanical appliances, & parts's year-by-year exports was explained primarily by an increase in exports to Turkey ($368M or 72.7%), Russia ($272M or 16.8%), and Algeria ($182M or 239%). In October 2024, the increase in Machinery, mechanical appliances, & parts's year-by-year imports was explained primarily by an increase in imports from Switzerland ($17.3M or 9.47%), Oman ($14.2M or 461k%), and Denmark ($11.8M or 21.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$9.12B(23.2%)

IMPORT GROWTH (October 2023 - October 2024)$2.32B(12.5%)

MAIN EXPORTER (October 2024)Guangdong Province$11.6B

MAIN DESTINATION (October 2024)United States$7.5B

This section shows Machinery, mechanical appliances, & parts'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 Machinery, mechanical appliances, & parts over time.

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