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2022
Exports $2.17BWorld Rnk 1 / 175
Flag Rnk 280 / 1216
2022
Destination $576M United States
2021 - 2022
FASTEST GROWING MARKET $576MUnited States
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment0.32Rnk 439 / 1025
2022
Imports $61.6MWorld Rnk 17 / 209
Flag Rnk 742 / 1212
2022
Origin $11.2M China
2021 - 2022
FASTEST GROWING ORIGIN $11.2MChina
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.17B in Sound Recording Equipment, making it the 1st largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 280th most exported product in China. The main destination of Sound Recording Equipment exports from China are: United States ($728M), Netherlands ($262M), Germany ($183M), United Kingdom ($140M), and Japan ($73.3M).

The fastest growing export markets for Sound Recording Equipment of China between 2021 and 2022 were United States ($576M), Netherlands ($217M), and Germany ($158M).

Imports In 2022, China imported $61.6M in Sound Recording Equipment, becoming the 17th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 742nd most imported product in China. China imports Sound Recording Equipment primarily from: China ($16.1M), United States ($11.2M), United Arab Emirates ($5.16M), Malaysia ($4.31M), and Japan ($2.72M).

The fastest growing import markets in Sound Recording Equipment for China between 2021 and 2022 were China ($11.2M), United States ($9.49M), and United Arab Emirates ($4.92M).

COMPANIES In 2023, leading companies such as CrimsonLogic (285), Cummins Jaw Warehouse (146), and NCL USA E-Commerce (70) were at the forefront of shipping Sound Recording Equipment from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Sound Recording Equipment exports accounted up to $132M and imports accounted up to $9.57M, resulting in a positive trade balance of $123M. Between October 2023 and October 2024 the exports of China's   Sound Recording Equipment have increased by $11.3M (9.31%) from $121M to $132M, while imports increased by $2.18M (29.5%) from $7.39M to $9.57M.

Destinations In October 2024, Sound Recording Equipment were exported mostly to United States ($43.2M), Netherlands ($16.2M), United Kingdom ($8.8M), Mexico ($7.89M), and Germany ($7.36M), and were imported mostly from Vietnam ($5.18M), China ($2.77M), Czechia ($305k), Malaysia ($289k), and Germany ($240k).

Growth In October 2024, the increase in Sound Recording Equipment's year-by-year exports was explained primarily by an increase in exports to Japan ($1.56M or 22%), Singapore ($1.54M or 237%), and Brazil ($911k or 133%). In October 2024, the increase in Sound Recording Equipment's year-by-year imports was explained primarily by an increase in imports from Czechia ($174k or 117%), Malaysia ($130k or 114%), and Vietnam ($54.6k or 14.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$11.3M(9.31%)
IMPORT GROWTH (October 2023 - October 2024)$2.18M(29.5%)
MAIN EXPORTER (October 2024)Guangdong Province$105M
MAIN DESTINATION (October 2024)United States$43.2M

This section shows Sound Recording 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 Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.17B
IMPORTS (2022)$61.6M
NET TRADE (2022)$2.11B

In 2022, China exported $2.17B in Sound Recording Equipment. The main destinations of China exports on Sound Recording Equipment were United States ($728M), Netherlands ($262M), Germany ($183M), United Kingdom ($140M), and Japan ($73.3M).

In 2022, China imported $61.6M in Sound Recording Equipment, mainly from China ($16.1M), United States ($11.2M), United Arab Emirates ($5.16M), Malaysia ($4.31M), and Japan ($2.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$576M (380%)
Netherlands$217M (477%)
Germany$158M (635%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY China WERE (2021 - 2022):
Nigeria-$15.8M (-75.3%)
Austria-$1.91M (-33.3%)
Denmark-$787k (-8.52%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Sound Recording Equipment were:
Netherlands $332M
Vietnam $211M
In 2022, China's main importing competitors in Sound Recording Equipment were:
United States $1.01B
Germany $425M
Netherlands $324M

Explore Visualizations

Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $14.4M
TOP IMPORT POTENTIALVietnam+ $5.99M

Sound Recording Equipment’s highest export potential is Hong Kong. With an export gap of $14.4M.   Sound Recording Equipment’s highest import potential is Vietnam with an import gap of $5.99M.

See methodology.

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