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2022
Exports $291MWorld Rnk 9 / 134
Flag Rnk 688 / 1216
2022
Destination $2.32M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $2.32MKazakhstan
2022
PRODUCT COMPLEXITY IN Photo Lab Equipment2.12Rnk 3 / 1025
2022
Imports $819MWorld Rnk 2 / 203
Flag Rnk 257 / 1212
2022
Origin $34.6M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $34.6MIsrael
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $291M in Photo Lab Equipment, making it the 9th largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 688th most exported product in China. The main destination of Photo Lab Equipment exports from China are: Chinese Taipei ($136M), United States ($26.3M), Japan ($14.4M), Germany ($10.6M), and South Korea ($6.03M).

The fastest growing export markets for Photo Lab Equipment of China between 2021 and 2022 were Kazakhstan ($2.32M), Philippines ($1.16M), and Ethiopia ($1.13M).

Imports In 2022, China imported $819M in Photo Lab Equipment, becoming the 2nd largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 257th most imported product in China. China imports Photo Lab Equipment primarily from: Chinese Taipei ($614M), Japan ($104M), South Korea ($44.8M), Israel ($38.5M), and Hong Kong ($6.21M).

The fastest growing import markets in Photo Lab Equipment for China between 2021 and 2022 were Israel ($34.6M), Philippines ($411k), and Slovakia ($66.9k).

COMPANIES In 2023, leading companies such as Jushi Fiberglass (194), CNH Industrial (116), and Home Dynamix (25) were at the forefront of shipping Photo Lab Equipment from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Photo Lab Equipment exports accounted up to $17.8M and imports accounted up to $5.66M, resulting in a positive trade balance of $12.2M. Between July 2023 and July 2024 the exports of China's   Photo Lab Equipment have increased by $3.76M (26.7%) from $14.1M to $17.8M, while imports decreased by $-9.96M (-63.8%) from $15.6M to $5.66M.

Destinations In July 2024, Photo Lab Equipment were exported mostly to United States ($5.15M), Germany ($1.93M), Thailand ($1.58M), Japan ($821k), and Russia ($681k), and were imported mostly from Japan ($2.18M), Chinese Taipei ($1.23M), South Korea ($993k), Germany ($314k), and Austria ($258k).

Growth In July 2024, the increase in Photo Lab Equipment's year-by-year exports was explained primarily by an increase in exports to Singapore ($902k or 1.44k%), Malaysia ($529k or 113%), and Mexico ($270k or 506%). In July 2024, the decrease in Photo Lab Equipment's year-by-year imports was explained primarily by a decrease in imports from Israel ($-1.42M or -99.8%), Germany ($-1.1M or -97.8%), and Denmark ($-93.9k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$3.76M(26.7%)
IMPORT GROWTH (July 2023 - July 2024)$-9.96M(-63.8%)
MAIN EXPORTER (July 2024)Guangdong Province$9.17M
MAIN DESTINATION (July 2024)United States$5.15M

This section shows Photo Lab Equipment'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 Photo Lab Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$291M
IMPORTS (2022)$819M
NET TRADE (2022)-$528M

In 2022, China exported $291M in Photo Lab Equipment. The main destinations of China exports on Photo Lab Equipment were Chinese Taipei ($136M), United States ($26.3M), Japan ($14.4M), Germany ($10.6M), and South Korea ($6.03M).

In 2022, China imported $819M in Photo Lab Equipment, mainly from Chinese Taipei ($614M), Japan ($104M), South Korea ($44.8M), Israel ($38.5M), and Hong Kong ($6.21M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR China WERE (2021 - 2022):
Kazakhstan$2.32M (571%)
Philippines$1.16M (61.7%)
Ethiopia$1.13M (342%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY China WERE (2021 - 2022):
United States-$189M (-87.8%)
Malaysia-$106M (-97%)
Vietnam-$103M (-96.8%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Photo Lab Equipment were:
Netherlands $7.53B
Singapore $2.56B
Chinese Taipei $2.26B
In 2022, China's main importing competitors in Photo Lab Equipment were:
Chinese Taipei $14.6B
Singapore $559M

Explore Visualizations

Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $3.48M
TOP IMPORT POTENTIALUnited States+ $2.1M

Photo Lab Equipment’s highest export potential is South Korea. With an export gap of $3.48M.   Photo Lab Equipment’s highest import potential is United States with an import gap of $2.1M.

See methodology.

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