Other Engines in China 2021 Exports | Imports : $4.21B | $1.93B, World Rnk 1 / 208 Rnk 152 / 1215 | World Rnk 3 / 224 Rnk 151 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $244M | $36.7M, Vietnam | Japan
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Other Engines: 0.8, Rnk 245 / 1024
Exports In 2021, China exported $4.21B in Other Engines, making it the 1st largest exporter of Other Engines in the world. At the same year, Other Engines was the 152nd most exported product in China. The main destination of Other Engines exports from China are: United States ($703M), Vietnam ($343M), Japan ($290M), Germany ($263M), and Poland ($179M).
The fastest growing export markets for Other Engines of China between 2020 and 2021 were Vietnam ($244M), Japan ($86.9M), and Poland ($86.2M).
Imports In 2021, China imported $1.93B in Other Engines, becoming the 3rd largest importer of Other Engines in the world. At the same year, Other Engines was the 151st most imported product in China. China imports Other Engines primarily from: Japan ($536M), Germany ($379M), South Korea ($323M), United States ($137M), and Chinese Taipei ($78.3M).
The fastest growing import markets in Other Engines for China between 2020 and 2021 were Japan ($36.7M), Chinese Taipei ($20.1M), and Singapore ($15.7M).
June 2023
Overview In June 2023 China's Other Engines exports accounted up to $323M and imports accounted up to $167M, resulting in a positive trade balance of $157M. Between June 2022 and June 2023 the exports of China's Other Engines have decreased by $-116M (-26.5%) from $440M to $323M, while imports decreased by $-12.7M (-7.1%) from $179M to $167M.
Destinations In June 2023, Other Engines were exported mostly to United States ($54.6M), Japan ($32.5M), United Kingdom ($20.7M), Germany ($18.7M), and Russia ($17.9M), and were imported mostly from Germany ($29.6M), Japan ($27.5M), United States ($27.1M), South Korea ($8.44M), and Italy ($7.91M).
Growth In June 2023, the decrease in Other Engines's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-8.2M or -73.6%), Chile ($-6.44M or -91%), and Brazil ($-5.85M or -40.6%). In June 2023, the decrease in Other Engines's year-by-year imports was explained primarily by a decrease in imports from Germany ($-11.6M or -30.4%), Norway ($-8.7M or -91.3%), and South Korea ($-5.23M or -30.6%).
EXPORT GROWTH (June 2022 - June 2023): $-116M, (-26.5%)
IMPORT GROWTH (June 2022 - June 2023): $-12.7M, (-7.1%)
MAIN EXPORTER (June 2023): Jiangsu Province, $113M
MAIN DESTINATION (June 2023): United States, $54.6M
This section shows Other Engines'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 Other Engines over time.
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EXPORTS (2021): $4.21B
IMPORTS (2021): $1.93B
NET TRADE (2021): $2.28B
In 2021, China exported $4.21B in Other Engines. The main destinations of China exports on Other Engines were United States ($703M), Vietnam ($343M), Japan ($290M), Germany ($263M), and Poland ($179M).
In 2021, China imported $1.93B in Other Engines, mainly from Japan ($536M), Germany ($379M), South Korea ($323M), United States ($137M), and Chinese Taipei ($78.3M).
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Other Engines were:
In 2021, China's main importing competitors in Other Engines were:
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