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2022
Exports $6.9BWorld Rnk 3 / 221
Flag Rnk 100 / 1216
2022
Destination $124M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $124MRussia
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments1.54Rnk 44 / 1025
2022
Imports $10.8BWorld Rnk 1 / 226
Flag Rnk 27 / 1212
2022
Origin $1.16B South Korea
2021 - 2022
FASTEST GROWING ORIGIN $1.16BSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.9B in Other Measuring Instruments, making it the 3rd largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 100th most exported product in China. The main destination of Other Measuring Instruments exports from China are: Hong Kong ($798M), United States ($699M), China ($598M), South Korea ($473M), and Japan ($473M).

The fastest growing export markets for Other Measuring Instruments of China between 2021 and 2022 were Russia ($124M), Malaysia ($71.8M), and United States ($61.9M).

Imports In 2022, China imported $10.8B in Other Measuring Instruments, becoming the 1st largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 27th most imported product in China. China imports Other Measuring Instruments primarily from: South Korea ($2.02B), Germany ($1.76B), Japan ($1.35B), Singapore ($964M), and United States ($932M).

The fastest growing import markets in Other Measuring Instruments for China between 2021 and 2022 were South Korea ($1.16B), United States ($230M), and Singapore ($130M).

COMPANIES In 2023, leading companies such as Goplus (20), Panasonic (17), and Stanley Black & Decker (14) were at the forefront of shipping Other Measuring Instruments from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Other Measuring Instruments exports accounted up to $700M and imports accounted up to $1.46B, resulting in a negative trade balance of $762M. Between July 2023 and July 2024 the exports of China's   Other Measuring Instruments have increased by $116M (19.9%) from $584M to $700M, while imports increased by $181M (14.1%) from $1.28B to $1.46B.

Destinations In July 2024, Other Measuring Instruments were exported mostly to Russia ($109M), United States ($84.7M), Vietnam ($52.7M), India ($41.6M), and Japan ($33.6M), and were imported mostly from United States ($320M), Japan ($209M), Germany ($193M), Malaysia ($131M), and Singapore ($117M).

Growth In July 2024, the increase in Other Measuring Instruments's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($43.4M or 105%), Russia ($26.7M or 197%), and Japan ($12.1M or 31.4%). In July 2024, the increase in Other Measuring Instruments's year-by-year imports was explained primarily by an increase in imports from Malaysia ($25.1M or 30.3%), Hungary ($6.79M or 133%), and Israel ($4.82M or 4.88%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$116M(19.9%)
IMPORT GROWTH (July 2023 - July 2024)$181M(14.1%)
MAIN EXPORTER (July 2024)Guangdong Province$198M
MAIN DESTINATION (July 2024)Russia$109M

This section shows Other Measuring Instruments'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 Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.9B
IMPORTS (2022)$10.8B
NET TRADE (2022)-$3.93B

In 2022, China exported $6.9B in Other Measuring Instruments. The main destinations of China exports on Other Measuring Instruments were Hong Kong ($798M), United States ($699M), China ($598M), South Korea ($473M), and Japan ($473M).

In 2022, China imported $10.8B in Other Measuring Instruments, mainly from South Korea ($2.02B), Germany ($1.76B), Japan ($1.35B), Singapore ($964M), and United States ($932M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$124M (107%)
Malaysia$71.8M (54.4%)
United States$61.9M (9.71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY China WERE (2021 - 2022):
Chinese Taipei-$171M (-42%)
China-$130M (-17.9%)
Hong Kong-$110M (-12.1%)
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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 Measuring Instruments were:
Germany $8.71B
United States $7.13B
In 2022, China's main importing competitors in Other Measuring Instruments were:
United States $6.69B
Germany $3.73B

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $202M
TOP IMPORT POTENTIALJapan+ $238M

Other Measuring Instruments’s highest export potential is United States. With an export gap of $202M.   Other Measuring Instruments’s highest import potential is Japan with an import gap of $238M.

See methodology.

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