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2022
Exports $291MWorld Rnk 6 / 102
Flag Rnk 689 / 1216
2022
Destination $43.3M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $43.3MHong Kong
2022
PRODUCT COMPLEXITY IN Other Sea Vessels-0.29Rnk 646 / 1025
2022
Imports $34.1MWorld Rnk 27 / 178
Flag Rnk 844 / 1212
2022
Origin $3.69M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $3.69MGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $291M in Other Sea Vessels, making it the 6th largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 689th most exported product in China. The main destination of Other Sea Vessels exports from China are: Hong Kong ($60.2M), South Korea ($53.3M), Chinese Taipei ($40.3M), Eritrea ($29.3M), and Singapore ($13.9M).

The fastest growing export markets for Other Sea Vessels of China between 2021 and 2022 were Hong Kong ($43.3M), Chinese Taipei ($30.8M), and Eritrea ($29.3M).

Imports In 2022, China imported $34.1M in Other Sea Vessels, becoming the 27th largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 844th most imported product in China. China imports Other Sea Vessels primarily from: United Kingdom ($18.3M), Norway ($5.45M), Germany ($4.96M), Chinese Taipei ($3.44M), and United Arab Emirates ($710k).

The fastest growing import markets in Other Sea Vessels for China between 2021 and 2022 were Germany ($3.69M), Norway ($3.68M), and United Arab Emirates ($684k).

COMPANIES In 2023, leading companies such as Walgreens (1) and Fred Meyer (1) were at the forefront of shipping Other Sea Vessels from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Other Sea Vessels exports accounted up to $41.6M and imports accounted up to $176k, resulting in a positive trade balance of $41.4M. Between October 2023 and October 2024 the exports of China's   Other Sea Vessels have increased by $26.2M (170%) from $15.4M to $41.6M, while imports decreased by $-1.01M (-85.1%) from $1.18M to $176k.

Destinations In October 2024, Other Sea Vessels were exported mostly to South Korea ($24M), Norway ($15.1M), Japan ($521k), Netherlands ($448k), and Singapore ($293k), and were imported mostly from Germany ($132k), Spain ($44.1k), and South Korea ($480).

Growth In October 2024, the increase in Other Sea Vessels's year-by-year exports was explained primarily by an increase in exports to South Korea ($89.1M or 735%) and Norway ($10.2M or 37.2k%). In October 2024, the decrease in Other Sea Vessels's year-by-year imports was explained primarily by a decrease in imports from Norway ($-165k or -34.3%) and Spain ($-63.5k or -80.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$26.2M(170%)
IMPORT GROWTH (October 2023 - October 2024)$-1.01M(-85.1%)
MAIN EXPORTER (October 2024)Tianjin$41.5M
MAIN DESTINATION (October 2024)South Korea$24M

This section shows Other Sea Vessels'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 Sea Vessels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$291M
IMPORTS (2022)$34.1M
NET TRADE (2022)$257M

In 2022, China exported $291M in Other Sea Vessels. The main destinations of China exports on Other Sea Vessels were Hong Kong ($60.2M), South Korea ($53.3M), Chinese Taipei ($40.3M), Eritrea ($29.3M), and Singapore ($13.9M).

In 2022, China imported $34.1M in Other Sea Vessels, mainly from United Kingdom ($18.3M), Norway ($5.45M), Germany ($4.96M), Chinese Taipei ($3.44M), and United Arab Emirates ($710k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sea Vessels EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$43.3M (255%)
Chinese Taipei$30.8M (325%)
Eritrea$29.3M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY China WERE (2021 - 2022):
Singapore-$70.1M (-83.4%)
South Korea-$54.5M (-50.6%)
China-$25.1M (-100%)
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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 Sea Vessels were:
Spain $936M
Oman $523M
Singapore $500M
In 2022, China's main importing competitors in Other Sea Vessels were:
India $852M
Saudi Arabia $841M
Norway $515M

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Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.55M
TOP IMPORT POTENTIALJapan+ $537k

Other Sea Vessels’s highest export potential is India. With an export gap of $3.55M.   Other Sea Vessels’s highest import potential is Japan with an import gap of $537k.

See methodology.

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