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2022
Exports $111BWorld Rnk 1 / 226
Flag Rnk 4 / 1216
2022
Destination $3.03B United States
2021 - 2022
FASTEST GROWING MARKET $3.03BGermany
2022
PRODUCT COMPLEXITY IN Office Machine Parts1.32Rnk 90 / 1025
2022
Imports $27.2BWorld Rnk 3 / 224
Flag Rnk 12 / 1212
2022
Origin $757M China
2021 - 2022
FASTEST GROWING ORIGIN $757MHong Kong
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $111B in Office Machine Parts, making it the 1st largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 4th most exported product in China. The main destination of Office Machine Parts exports from China are: United States ($17.2B), Hong Kong ($17.2B), China ($10.3B), Mexico ($7.98B), and Germany ($7.54B).

The fastest growing export markets for Office Machine Parts of China between 2021 and 2022 were Germany ($3.03B), United Kingdom ($1.72B), and Mexico ($1.14B).

Imports In 2022, China imported $27.2B in Office Machine Parts, becoming the 3rd largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 12th most imported product in China. China imports Office Machine Parts primarily from: China ($10.3B), Chinese Taipei ($4.22B), Thailand ($2.47B), South Korea ($2.32B), and Vietnam ($2.13B).

The fastest growing import markets in Office Machine Parts for China between 2021 and 2022 were Hong Kong ($757M), Vietnam ($602M), and Philippines ($357M).

COMPANIES In 2023, leading companies such as Lenovo (117), Wistron (72), and Cloud Network Technology (34) were at the forefront of shipping Office Machine Parts from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Office Machine Parts exports accounted up to $2.89B and imports accounted up to $2.54B, resulting in a positive trade balance of $354M. Between September 2023 and September 2024 the exports of China's   Office Machine Parts have increased by $206M (7.67%) from $2.68B to $2.89B, while imports increased by $1.18B (86.9%) from $1.36B to $2.54B.

Destinations In September 2024, Office Machine Parts were exported mostly to Hong Kong ($780M), United States ($359M), South Korea ($233M), Chinese Taipei ($209M), and Vietnam ($207M), and were imported mostly from Vietnam ($982M), China ($566M), South Korea ($506M), Chinese Taipei ($195M), and Philippines ($121M).

Growth In September 2024, the increase in Office Machine Parts's year-by-year exports was explained primarily by an increase in exports to Indonesia ($64.3M or 491%), Vietnam ($29.5M or 43.7%), and Russia ($22.8M or 97.6%). In September 2024, the increase in Office Machine Parts's year-by-year imports was explained primarily by an increase in imports from Canada ($2.21M or 359%), Indonesia ($175k or 50.6%), and Hong Kong ($167k or 2.1k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$206M(7.67%)
IMPORT GROWTH (September 2023 - September 2024)$1.18B(86.9%)
MAIN EXPORTER (September 2024)Guangdong Province$1.14B
MAIN DESTINATION (September 2024)Hong Kong$780M

This section shows Office Machine 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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$111B
IMPORTS (2022)$27.2B
NET TRADE (2022)$84.2B

In 2022, China exported $111B in Office Machine Parts. The main destinations of China exports on Office Machine Parts were United States ($17.2B), Hong Kong ($17.2B), China ($10.3B), Mexico ($7.98B), and Germany ($7.54B).

In 2022, China imported $27.2B in Office Machine Parts, mainly from China ($10.3B), Chinese Taipei ($4.22B), Thailand ($2.47B), South Korea ($2.32B), and Vietnam ($2.13B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$3.03B (67.2%)
United Kingdom$1.72B (132%)
Mexico$1.14B (16.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY China WERE (2021 - 2022):
Hong Kong-$6.56B (-27.6%)
China-$2.92B (-22%)
Netherlands-$558M (-9.69%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Office Machine Parts were:
Chinese Taipei $26.4B
United States $22.5B
In 2022, China's main importing competitors in Office Machine Parts were:
United States $60.3B
Hong Kong $30.5B

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $891M
TOP IMPORT POTENTIALVietnam+ $1.14B

Office Machine Parts’s highest export potential is India. With an export gap of $891M.   Office Machine Parts’s highest import potential is Vietnam with an import gap of $1.14B.

See methodology.

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