Passenger and Cargo Ships in China 2020 Exports | Imports : $13.5B | $321M, World Rnk 2 / 129 Rnk 38 / 1215 | World Rnk 29 / 178 Rnk 406 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.48B | $71.1M, Hong Kong | Cyprus
Exports In 2020, China exported $13.5B in Passenger and Cargo Ships, making it the 2nd largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 38th most exported product in China. The main destination of Passenger and Cargo Ships exports from China are: Hong Kong ($2.64B), Singapore ($2.04B), Panama ($1.71B), Marshall Islands ($1.69B), and Liberia ($975M).
The fastest growing export markets for Passenger and Cargo Ships of China between 2019 and 2020 were Hong Kong ($1.48B), Panama ($950M), and France ($447M).
Imports In 2020, China imported $321M in Passenger and Cargo Ships, becoming the 29th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 406th most imported product in China. China imports Passenger and Cargo Ships primarily from: Germany ($83.5M), Cyprus ($71.1M), Japan ($38.1M), South Korea ($32.8M), and Russia ($28.8M).
The fastest growing import markets in Passenger and Cargo Ships for China between 2019 and 2020 were Cyprus ($71.1M), Russia ($25M), and Denmark ($20.1M).
Tariffs In 2018, the average tariff for China in Passenger and Cargo Ships was 6.33%. The countries with the highest import tariffs for Passenger and Cargo Ships were Hong Kong (Most Favoured Nation duty rate treatement, 8.13%), Pakistan (Most Favoured Nation duty rate treatement, 8.05%), Burkina Faso (Most Favoured Nation duty rate treatement, 7.88%), Botswana (Most Favoured Nation duty rate treatement, 7.88%), and Cote d'Ivoire (Most Favoured Nation duty rate treatement, 7.88%).
November 2021
Overview In November 2021 China's Passenger and Cargo Ships exports accounted up to $1.85B and imports accounted up to $27.5M, resulting in a positive trade balance of $1.82B. Between November 2020 and November 2021 the exports of China's Passenger and Cargo Ships have increased by $540M (41.2%) from $1.31B to $1.85B, while imports decreased by $-32.7M (-54.3%) from $60.2M to $27.5M.
Destinations In November 2021, Passenger and Cargo Ships were exported mostly to Liberia ($377M), Malta ($352M), Hong Kong ($285M), Singapore ($219M), and Norway ($106M), and were imported mostly from China ($27.5M).
Growth In November 2021, the increase in Passenger and Cargo Ships's year-by-year exports was explained primarily by an increase in exports to Singapore ($262M or 52.6%), Malaysia ($63.6M or 8.65k%), and Norway ($60.9M or 406k%). In November 2021, the decrease in Passenger and Cargo Ships's year-by-year imports was explained primarily by a decrease in imports from China ($-18M or -70.9%).
EXPORT GROWTH (November 2020 - November 2021): $540M, (41.2%)
IMPORT GROWTH (November 2020 - November 2021): $-32.7M, (-54.3%)
MAIN EXPORTER (November 2021): Jiangsu Province, $680M
MAIN DESTINATION (November 2021): Liberia, $377M
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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EXPORTS (2020): $13.5B
IMPORTS (2020): $321M
NET TRADE (2020): $13.1B
In 2020, China exported $13.5B in Passenger and Cargo Ships. The main destinations of China exports on Passenger and Cargo Ships were Hong Kong ($2.64B), Singapore ($2.04B), Panama ($1.71B), Marshall Islands ($1.69B), and Liberia ($975M).
In 2020, China imported $321M in Passenger and Cargo Ships, mainly from Germany ($83.5M), Cyprus ($71.1M), Japan ($38.1M), South Korea ($32.8M), and Russia ($28.8M).
IN 2020, China HAD A POSITIVE NET TRADE IN Passenger and Cargo Ships WITH:
IN 2020, China HAD A NEGATIVE NET TRADE IN Passenger and Cargo Ships WITH:: India , -$3.03M ($56k - $3.09M)
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY China WERE (2019 - 2020):
In 2019, China's main exporting competitors in Passenger and Cargo Ships were:
In 2019, China's main importing competitors in Passenger and Cargo Ships were:
In 2018, the average tariff for China in Passenger and Cargo Ships was 6.33%.
The countries with the highest tariffs for Passenger and Cargo Ships in China were Hong Kong (Most Favoured Nation duty rate treatement, 8.13%), Pakistan (Most Favoured Nation duty rate treatement, 8.05%), Burkina Faso (Most Favoured Nation duty rate treatement, 7.88%), Botswana (Most Favoured Nation duty rate treatement, 7.88%), and Cote d'Ivoire (Most Favoured Nation duty rate treatement, 7.88%).
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