2022
Exports
$17.6BWorld Rnk 1 / 137
Flag Rnk 41 / 1216
2022
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.47Rnk 691 / 1025
2022
Imports
$721MWorld Rnk 19 / 185
Flag Rnk 279 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $17.6B in Passenger and Cargo Ships, making it the 1st largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 41st most exported product in China. The main destination of Passenger and Cargo Ships exports from China are: Liberia ($3.08B), Singapore ($2.95B), Panama ($1.75B), Marshall Islands ($1.48B), and Hong Kong ($1.29B).

The fastest growing export markets for Passenger and Cargo Ships of China between 2021 and 2022 were Hong Kong ($899M), Panama ($719M), and Singapore ($639M).

Imports In 2022, China imported $721M in Passenger and Cargo Ships, becoming the 19th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 279th most imported product in China. China imports Passenger and Cargo Ships primarily from: China ($522M), South Korea ($123M), Hong Kong ($20.8M), Italy ($15.4M), and Denmark ($10.7M).

The fastest growing import markets in Passenger and Cargo Ships for China between 2021 and 2022 were South Korea ($88.8M), China ($40.5M), and Denmark ($10.7M).

COMPANIES In 2023, leading companies such as Hongkong Xin Jie Technology (3), CrimsonLogic (3), and Walgreens (1) were at the forefront of shipping Passenger and Cargo Ships from China to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.34B(61.2%)
IMPORT GROWTH (August 2022 - May 2024)$-28.3M(-87.6%)
MAIN EXPORTER (August 2024)Jiangsu Province$1.65B
MAIN DESTINATION (August 2024)Hong Kong$859M

This section shows Passenger and Cargo Ships'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 Passenger and Cargo Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.6B
IMPORTS (2022)$721M
NET TRADE (2022)$16.9B

In 2022, China exported $17.6B in Passenger and Cargo Ships. The main destinations of China exports on Passenger and Cargo Ships were Liberia ($3.08B), Singapore ($2.95B), Panama ($1.75B), Marshall Islands ($1.48B), and Hong Kong ($1.29B).

In 2022, China imported $721M in Passenger and Cargo Ships, mainly from China ($522M), South Korea ($123M), Hong Kong ($20.8M), Italy ($15.4M), and Denmark ($10.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$899M (233%)
Panama$719M (69.4%)
Singapore$639M (27.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY China WERE (2021 - 2022):
France-$890M (-81.4%)
Malta-$268M (-35.8%)
Algeria-$211M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Passenger and Cargo Ships were:
In 2022, China's main importing competitors in Passenger and Cargo Ships were:

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $82.7M
TOP IMPORT POTENTIALSouth Korea+ $56.1M

Passenger and Cargo Ships’s highest export potential is Germany. With an export gap of $82.7M.   Passenger and Cargo Ships’s highest import potential is South Korea with an import gap of $56.1M.

See methodology.

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