Sports Equipment in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $19.4B in Sports Equipment, making it the 1st largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 36th most exported product in China. The main destination of Sports Equipment exports from China are: United States ($6.27B), Japan ($1.06B), Germany ($1.05B), Canada ($857M), and United Kingdom ($799M).

The fastest growing export markets for Sports Equipment of China between 2021 and 2022 were Singapore ($63.1M), Japan ($50.7M), and Indonesia ($22M).

Imports In 2022, China imported $733M in Sports Equipment, becoming the 14th largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 277th most imported product in China. China imports Sports Equipment primarily from: Chinese Taipei ($234M), Hong Kong ($103M), Japan ($92.7M), China ($53.1M), and United States ($51.1M).

The fastest growing import markets in Sports Equipment for China between 2021 and 2022 were Hong Kong ($89M), Chinese Taipei ($20.4M), and Vietnam ($16.1M).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (11.4k), WAL-MART INC. (10.3k), and AMAZON SERVICES LLC (5.34k) were at the forefront of shipping Sports Equipment from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Sports Equipment exports accounted up to $1.13B and imports accounted up to $30.5M, resulting in a positive trade balance of $1.1B. Between February 2023 and February 2024 the exports of China's Sports Equipment have increased by $242M (27.3%) from $886M to $1.13B, while imports decreased by $-14.6M (-32.3%) from $45.1M to $30.5M.

Destinations In February 2024, Sports Equipment were exported mostly to United States ($397M), United Kingdom ($47.3M), Germany ($44.3M), Canada ($43.4M), and Netherlands ($38.4M), and were imported mostly from Taiwan ($9.4M), Japan ($6.17M), United States ($2.47M), China ($1.83M), and Vietnam ($1.66M).

Growth In February 2024, the increase in Sports Equipment's year-by-year exports was explained primarily by an increase in exports to Singapore ($18.6M or 191%), Malaysia ($7.87M or 29%), and Turkey ($3.07M or 61.4%). In February 2024, the decrease in Sports Equipment's year-by-year imports was explained primarily by a decrease in imports from Taiwan ($-6.43M or -30.8%), Italy ($-4.37M or -72.4%), and Japan ($-2.04M or -27.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$242M(27.3%)

IMPORT GROWTH (February 2023 - February 2024)$-14.6M(-32.3%)

MAIN EXPORTER (February 2024)Zhejiang Province$445M

MAIN DESTINATION (February 2024)United States$397M

This section shows Sports 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 Sports Equipment over time.

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