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2022
Exports | Imports $8.12B | $2.56BWorld Rnk 1 / 209
Flag Rnk 87 / 1216
World Rnk 3 / 225
Flag Rnk 125 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $229M | $73.5MCanada |  Brazil
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Other Heating Machinery1.23Rnk 97 / 1025

About

Exports In 2022, China exported $8.12B in Other Heating Machinery, making it the 1st largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 87th most exported product in China. The main destination of Other Heating Machinery exports from China are: United States ($975M), Indonesia ($546M), Mexico ($452M), Japan ($417M), and India ($363M).

The fastest growing export markets for Other Heating Machinery of China between 2021 and 2022 were Canada ($229M), Indonesia ($133M), and Mexico ($104M).

Imports In 2022, China imported $2.56B in Other Heating Machinery, becoming the 3rd largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 125th most imported product in China. China imports Other Heating Machinery primarily from: Germany ($463M), Japan ($351M), South Korea ($295M), United States ($224M), and Switzerland ($210M).

The fastest growing import markets in Other Heating Machinery for China between 2021 and 2022 were Brazil ($73.5M), Switzerland ($64.3M), and United Arab Emirates ($29.2M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (3.26k), AMAZON SERVICES LLC (2.55k), and LG ELECTRONICS U.S.A. INC. (712) were at the forefront of shipping Other Heating Machinery from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Other Heating Machinery exports accounted up to $552M and imports accounted up to $205M, resulting in a positive trade balance of $347M. Between February 2023 and February 2024 the exports of China's   Other Heating Machinery have increased by $19.9M (3.74%) from $532M to $552M, while imports decreased by $-40.8M (-16.6%) from $246M to $205M.

Destinations In February 2024, Other Heating Machinery were exported mostly to United States ($76.8M), Indonesia ($36.3M), Russia ($33.8M), Mexico ($33.5M), and India ($27.5M), and were imported mostly from Germany ($43.8M), Italy ($33.1M), Japan ($25.4M), Switzerland ($17.8M), and South Korea ($16.2M).

Growth In February 2024, the increase in Other Heating Machinery's year-by-year exports was explained primarily by an increase in exports to India ($18.1M or 56.1%), United States ($15.6M or 20.2%), and Turkey ($15.4M or 372%). In February 2024, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-34.1M or -91.5%), Italy ($-15.2M or -49.9%), and India ($-14.2M or -97.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$19.9M(3.74%)
IMPORT GROWTH (February 2023 - February 2024)$-40.8M(-16.6%)
MAIN EXPORTER (February 2024)Jiangsu Province$184M
MAIN DESTINATION (February 2024)United States$76.8M

This section shows Other Heating Machinery'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 Heating Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.12B
IMPORTS (2022)$2.56B
NET TRADE (2022)$5.56B

In 2022, China exported $8.12B in Other Heating Machinery. The main destinations of China exports on Other Heating Machinery were United States ($975M), Indonesia ($546M), Mexico ($452M), Japan ($417M), and India ($363M).

In 2022, China imported $2.56B in Other Heating Machinery, mainly from Germany ($463M), Japan ($351M), South Korea ($295M), United States ($224M), and Switzerland ($210M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR China WERE (2021 - 2022):
Canada$229M (261%)
Indonesia$133M (32.2%)
Mexico$104M (29.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY China WERE (2021 - 2022):
Russia-$445M (-63.7%)
Netherlands-$67.8M (-33.3%)
Chinese Taipei-$57.8M (-25.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Heating Machinery were:
Germany $5.79B
United States $4.51B
In 2022, China's main importing competitors in Other Heating Machinery were:
United States $7.45B
Germany $3.38B

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Trade Value of Other Heating Machinery by Exporters

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