Surveying Equipment in China 2020 Exports | Imports : $1.11B | $645M, World Rnk 2 / 194 Rnk 324 / 1215 | World Rnk 2 / 223 Rnk 281 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $70.3M | $18.8M, Hong Kong | Switzerland
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Surveying Equipment: -0.051, Rnk 565 / 1029
Exports In 2020, China exported $1.11B in Surveying Equipment, making it the 2nd largest exporter of Surveying Equipment in the world. At the same year, Surveying Equipment was the 324th most exported product in China. The main destination of Surveying Equipment exports from China are: Hong Kong ($197M), United States ($155M), Japan ($54.1M), Germany ($48.3M), and South Korea ($40.9M).
The fastest growing export markets for Surveying Equipment of China between 2019 and 2020 were Hong Kong ($70.3M), Brazil ($30M), and Nigeria ($25.2M).
Imports In 2020, China imported $645M in Surveying Equipment, becoming the 2nd largest importer of Surveying Equipment in the world. At the same year, Surveying Equipment was the 281st most imported product in China. China imports Surveying Equipment primarily from: United States ($145M), Germany ($116M), Singapore ($64.3M), Canada ($38.7M), and Switzerland ($34.9M).
The fastest growing import markets in Surveying Equipment for China between 2019 and 2020 were Switzerland ($18.8M), Japan ($7.32M), and Netherlands ($4.9M).
Tariffs In 2018, the average tariff for China in Surveying Equipment was 3.82%. The countries with the highest import tariffs for Surveying Equipment were India (Most Favoured Nation duty rate treatement, 5.6%), Sri Lanka (Most Favoured Nation duty rate treatement, 5.6%), Burkina Faso (Most Favoured Nation duty rate treatement, 4.83%), Botswana (Most Favoured Nation duty rate treatement, 4.83%), and Cote d'Ivoire (Most Favoured Nation duty rate treatement, 4.83%).
December 2022
Overview In December 2022 China's Surveying Equipment exports accounted up to $132M and imports accounted up to $69.4M, resulting in a positive trade balance of $62.7M. Between December 2021 and December 2022 the exports of China's Surveying Equipment have decreased by $-42.2M (-24.2%) from $174M to $132M, while imports decreased by $-20M (-22.4%) from $89.4M to $69.4M.
Destinations In December 2022, Surveying Equipment were exported mostly to United States ($25.3M), Hong Kong ($13.4M), Russia ($12.4M), Germany ($7.87M), and Japan ($6.02M), and were imported mostly from Germany ($16.5M), United States ($14.7M), United Kingdom ($5.81M), Canada ($5.63M), and Japan ($2.66M).
Growth In December 2022, the decrease in Surveying Equipment's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia ($-8.37M or -97.3%), Belarus ($-1.04M or -93.8%), and United Arab Emirates ($-677k or -38.7%). In December 2022, the decrease in Surveying Equipment's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-20.8M or -86.8%), Singapore ($-1.32M or -56%), and China ($-528k or -15%).
EXPORT GROWTH (December 2021 - December 2022): $-42.2M, (-24.2%)
IMPORT GROWTH (December 2021 - December 2022): $-20M, (-22.4%)
MAIN EXPORTER (December 2022): Guangdong Province, $28.5M
MAIN DESTINATION (December 2022): United States, $25.3M
This section shows Surveying 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 Surveying Equipment over time.
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EXPORTS (2020): $1.11B
IMPORTS (2020): $645M
NET TRADE (2020): $463M
In 2020, China exported $1.11B in Surveying Equipment. The main destinations of China exports on Surveying Equipment were Hong Kong ($197M), United States ($155M), Japan ($54.1M), Germany ($48.3M), and South Korea ($40.9M).
In 2020, China imported $645M in Surveying Equipment, mainly from United States ($145M), Germany ($116M), Singapore ($64.3M), Canada ($38.7M), and Switzerland ($34.9M).
THE FASTEST GROWING Surveying Equipment EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Surveying Equipment BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Surveying Equipment were:
In 2020, China's main importing competitors in Surveying Equipment were:
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