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2023
Exports $2.86BWorld Rnk 2 / 158
Flag Rnk 212 / 1215
2023
Destination $250M Russia
2022 - 2023
FASTEST GROWING MARKET $250MRussia
2023
PRODUCT COMPLEXITY IN Special purpose motor vehicles0.27Rnk 471 / 1025
2023
Imports $57.6MWorld Rnk 57 / 216
Flag Rnk 742 / 1214
2023
Origin $3.5M Germany
2022 - 2023
FASTEST GROWING ORIGIN $3.5MNetherlands
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.86B in Special purpose motor vehicles, making it the 2nd largest exporter of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 212th most exported product in China. The main destination of Special purpose motor vehicles exports from China are: Russia ($599M), Saudi Arabia ($224M), Brazil ($168M), United Arab Emirates ($134M), and Uzbekistan ($111M).

The fastest growing export markets for Special purpose motor vehicles of China between 2022 and 2023 were Russia ($250M), Saudi Arabia ($119M), and United Arab Emirates ($64.9M).

Imports In 2023, China imported $57.6M in Special purpose motor vehicles, becoming the 57th largest importer of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 742nd most imported product in China. China imports Special purpose motor vehicles primarily from: Germany ($13M), United States ($10.7M), Finland ($7.53M), Belgium ($5.54M), and Austria ($5.2M).

The fastest growing import markets in Special purpose motor vehicles for China between 2022 and 2023 were Netherlands ($3.5M), Belgium ($2.32M), and Germany ($2.03M).

COMPANIES In 2024, leading companies such as General Motors (161), Itourscm (93), and CrimsonLogic (86) were at the forefront of shipping Special purpose motor vehicles from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Special purpose motor vehicles exports accounted up to $345M and imports accounted up to $10.3M, resulting in a positive trade balance of $335M. Between December 2023 and December 2024 the exports of China's   Special purpose motor vehicles have increased by $63.2M (22.4%) from $282M to $345M, while imports increased by $8.72M (544%) from $1.6M to $10.3M.

Destinations In December 2024, Special purpose motor vehicles were exported mostly to Russia ($43.8M), Saudi Arabia ($34.8M), India ($32.6M), Vietnam ($19.3M), and United Arab Emirates ($15.9M), and were imported mostly from Germany ($8.7M) and United States ($1.62M).

Growth In December 2024, the increase in Special purpose motor vehicles's year-by-year exports was explained primarily by an increase in exports to Philippines ($5.82M or 239%), Uzbekistan ($5.76M or 383%), and Mexico ($5.57M or 262%). In December 2024, the increase in Special purpose motor vehicles's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$63.2M(22.4%)
IMPORT GROWTH (December 2023 - December 2024)$8.72M(544%)
MAIN EXPORTER (December 2024)Hunan Province$161M
MAIN DESTINATION (December 2024)Russia$43.8M

This section shows Special purpose motor vehicles'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 Special purpose motor vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.86B
IMPORTS (2023)$57.6M
NET TRADE (2023)$2.8B

In 2023, China exported $2.86B in Special purpose motor vehicles. The main destinations of China exports on Special purpose motor vehicles were Russia ($599M), Saudi Arabia ($224M), Brazil ($168M), United Arab Emirates ($134M), and Uzbekistan ($111M).

In 2023, China imported $57.6M in Special purpose motor vehicles, mainly from Germany ($13M), United States ($10.7M), Finland ($7.53M), Belgium ($5.54M), and Austria ($5.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special purpose motor vehicles EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$250M (71.9%)
Saudi Arabia$119M (113%)
United Arab Emirates$64.9M (94.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special purpose motor vehicles BY China WERE (2022 - 2023):
India-$129M (-98.1%)
Vietnam-$68.9M (-49.1%)
Thailand-$22.8M (-24.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Special purpose motor vehicles were:
Germany $4.51B
United States $2.33B
In 2023, China's main importing competitors in Special purpose motor vehicles were:
United States $2.1B
Canada $1.1B
Thailand $783M

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Trade Value of Special purpose motor vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $48.3M
TOP IMPORT POTENTIALGermany+ $10.2M

Special purpose motor vehicles’s highest export potential is India. With an export gap of $48.3M.   Special purpose motor vehicles’s highest import potential is Germany with an import gap of $10.2M.

See methodology.

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