Other Office Machines in China 2020 Exports | Imports : $1.3B | $20.4M, World Rnk 1 / 155 Rnk 299 / 1215 | World Rnk 42 / 214 Rnk 911 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $20.5M | $4.3M, Thailand | South Korea
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Other Office Machines: 1.06, Rnk 154 / 1029
Exports In 2020, China exported $1.3B in Other Office Machines, making it the 1st largest exporter of Other Office Machines in the world. At the same year, Other Office Machines was the 299th most exported product in China. The main destination of Other Office Machines exports from China are: United States ($237M), Japan ($104M), Hong Kong ($102M), Russia ($95.6M), and Germany ($72.4M).
The fastest growing export markets for Other Office Machines of China between 2019 and 2020 were Thailand ($20.5M), Indonesia ($16M), and South Africa ($5.67M).
Imports In 2020, China imported $20.4M in Other Office Machines, becoming the 42nd largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 911th most imported product in China. China imports Other Office Machines primarily from: Japan ($5.45M), South Korea ($5.24M), Philippines ($1.85M), Germany ($1.43M), and Chinese Taipei ($1.4M).
The fastest growing import markets in Other Office Machines for China between 2019 and 2020 were South Korea ($4.3M), France ($541k), and Vietnam ($224k).
Tariffs In 2018, the average tariff for China in Other Office Machines was 3.33%. The countries with the highest import tariffs for Other Office Machines were South Korea (Preferential tariff for Korea, Republic of, 7.2%), Pakistan (Preferential tariff for Pakistan, 6%), Burkina Faso (Most Favoured Nation duty rate treatement, 4.17%), Botswana (Most Favoured Nation duty rate treatement, 4.17%), and Cote d'Ivoire (Most Favoured Nation duty rate treatement, 4.17%).
December 2022
Overview In December 2022 China's Other Office Machines exports accounted up to $202M and imports accounted up to $99M, resulting in a positive trade balance of $103M. Between December 2021 and December 2022 the exports of China's Other Office Machines have increased by $63.1M (45.4%) from $139M to $202M, while imports increased by $96M (3.22k%) from $2.98M to $99M.
Destinations In December 2022, Other Office Machines were exported mostly to Hong Kong ($98.8M), United States ($18.3M), Japan ($8.91M), Russia ($7.47M), and Turkey ($7.23M), and were imported mostly from China ($97.5M), South Korea ($473k), Japan ($423k), Philippines ($201k), and Taiwan ($200k).
Growth In December 2022, the increase in Other Office Machines's year-by-year exports was explained primarily by an increase in exports to Russia ($6.27M or 168%), Indonesia ($4.06M or 295%), and United States ($3.48M or 17.6%). In December 2022, the increase in Other Office Machines's year-by-year imports was explained primarily by an increase in imports from Vietnam ($488k or 924%), Malaysia ($91.1k or 2.16k%), and Taiwan ($52.3k or 99.2%).
EXPORT GROWTH (December 2021 - December 2022): $63.1M, (45.4%)
IMPORT GROWTH (December 2021 - December 2022): $96M, (3.22k%)
MAIN EXPORTER (December 2022): Jiangsu Province, $113M
MAIN DESTINATION (December 2022): Hong Kong, $98.8M
This section shows Other Office Machines'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 Office Machines over time.
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EXPORTS (2020): $1.3B
IMPORTS (2020): $20.4M
NET TRADE (2020): $1.28B
In 2020, China exported $1.3B in Other Office Machines. The main destinations of China exports on Other Office Machines were United States ($237M), Japan ($104M), Hong Kong ($102M), Russia ($95.6M), and Germany ($72.4M).
In 2020, China imported $20.4M in Other Office Machines, mainly from Japan ($5.45M), South Korea ($5.24M), Philippines ($1.85M), Germany ($1.43M), and Chinese Taipei ($1.4M).
THE FASTEST GROWING Other Office Machines EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Office Machines BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Other Office Machines were:
In 2020, China's main importing competitors in Other Office Machines were:
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