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2023
Exports $156MWorld Rnk 2 / 132
Flag Rnk 806 / 1215
2023
Destination $5.04M United States
2022 - 2023
FASTEST GROWING MARKET $5.04MNigeria
2023
PRODUCT COMPLEXITY IN Photo Lab Equipment1.85Rnk 9 / 1025
2023
Imports $192MWorld Rnk 1 / 206
Flag Rnk 511 / 1214
2023
Origin $1.82M Japan
2022 - 2023
FASTEST GROWING ORIGIN $1.82MPhilippines
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $156M in Photo Lab Equipment, making it the 2nd largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 806th most exported product in China. The main destination of Photo Lab Equipment exports from China are: United States ($16.7M), Germany ($10.2M), Nigeria ($10M), Russia ($7.88M), and Chinese Taipei ($7.45M).

The fastest growing export markets for Photo Lab Equipment of China between 2022 and 2023 were Nigeria ($5.04M), Russia ($3.08M), and Vietnam ($2.4M).

Imports In 2023, China imported $192M in Photo Lab Equipment, becoming the 1st largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 511th most imported product in China. China imports Photo Lab Equipment primarily from: Japan ($114M), Chinese Taipei ($23.9M), Israel ($20M), South Korea ($19.4M), and Germany ($3.52M).

The fastest growing import markets in Photo Lab Equipment for China between 2022 and 2023 were Philippines ($1.82M), Thailand ($836k), and Netherlands ($554k).

COMPANIES In 2024, leading companies such as Jushi Fiberglass (232), CrimsonLogic (46), and CNH Industrial (34) were at the forefront of shipping Photo Lab Equipment from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Photo Lab Equipment exports accounted up to $20.4M and imports accounted up to $25.4M, resulting in a negative trade balance of $4.93M. Between December 2023 and December 2024 the exports of China's   Photo Lab Equipment have increased by $1.96M (10.6%) from $18.5M to $20.4M, while imports increased by $9.19M (56.8%) from $16.2M to $25.4M.

Destinations In December 2024, Photo Lab Equipment were exported mostly to United States ($4.95M), Germany ($1.76M), Vietnam ($1.53M), Thailand ($1.34M), and Kazakhstan ($1.01M), and were imported mostly from Japan ($17.2M), South Korea ($3.71M), Germany ($1.51M), Israel ($1.3M), and Chinese Taipei ($912k).

Growth In December 2024, the increase in Photo Lab Equipment's year-by-year exports was explained primarily by an increase in exports to United States ($2.51M or 67.7%), Chinese Taipei ($1.35M or 2.81k%), and Russia ($489k or 160%). In December 2024, the increase in Photo Lab Equipment's year-by-year imports was explained primarily by an increase in imports from Israel ($668k or 24.9k%), Germany ($112k or 445%), and Italy ($33.1k or 6.84k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$1.96M(10.6%)
IMPORT GROWTH (December 2023 - December 2024)$9.19M(56.8%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States$4.95M

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 (2023)$156M
IMPORTS (2023)$192M
NET TRADE (2023)-$36.2M

In 2023, China exported $156M in Photo Lab Equipment. The main destinations of China exports on Photo Lab Equipment were United States ($16.7M), Germany ($10.2M), Nigeria ($10M), Russia ($7.88M), and Chinese Taipei ($7.45M).

In 2023, China imported $192M in Photo Lab Equipment, mainly from Japan ($114M), Chinese Taipei ($23.9M), Israel ($20M), South Korea ($19.4M), and Germany ($3.52M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR China WERE (2022 - 2023):
Nigeria$5.04M (102%)
Russia$3.08M (64.2%)
Vietnam$2.4M (98.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY China WERE (2022 - 2023):
Chinese Taipei-$297M (-97.5%)
Japan-$14.9M (-67.2%)
United States-$6.37M (-27.7%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Photo Lab Equipment were:
Japan $244M
United States $56.2M
In 2023, China's main importing competitors in Photo Lab Equipment were:
Chinese Taipei $73.2M
United States $67.8M

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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