2023
Exports
$152MWorld Rnk 1 / 118
Flag Rnk 810 / 1215
2023
PRODUCT COMPLEXITY IN Time Switches
0.85Rnk 231 / 1025
2023
Imports
$2.09MWorld Rnk 42 / 200
Flag Rnk 1127 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $152M in Time Switches, making it the 1st largest exporter of Time Switches in the world. At the same year, Time Switches was the 810th most exported product in China. The main destination of Time Switches exports from China are: United States ($18.3M), Germany ($11.5M), Turkey ($7.91M), India ($7.51M), and Indonesia ($6.81M).

The fastest growing export markets for Time Switches of China between 2022 and 2023 were Saudi Arabia ($2.16M), Vietnam ($1.02M), and Brazil ($844k).

Imports In 2023, China imported $2.09M in Time Switches, becoming the 42nd largest importer of Time Switches in the world. At the same year, Time Switches was the 1127th most imported product in China. China imports Time Switches primarily from: Germany ($397k), Hong Kong ($293k), France ($252k), Chinese Taipei ($219k), and United States ($179k).

The fastest growing import markets in Time Switches for China between 2022 and 2023 were France ($163k), Germany ($124k), and Chinese Taipei ($111k).

COMPANIES In 2024, leading companies such as CrimsonLogic (21), Electrolux (13), and BSH Home Appliances (1) were at the forefront of shipping Time Switches from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$511k(5.62%)
IMPORT GROWTH (December 2023 - December 2024)$3.99k(2.3%)
MAIN EXPORTER (December 2024)Zhejiang Province$8.57M
MAIN DESTINATION (December 2024)India$1.45M

This section shows Time Switches'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 Time Switches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$152M
IMPORTS (2023)$2.09M
NET TRADE (2023)$150M

In 2023, China exported $152M in Time Switches. The main destinations of China exports on Time Switches were United States ($18.3M), Germany ($11.5M), Turkey ($7.91M), India ($7.51M), and Indonesia ($6.81M).

In 2023, China imported $2.09M in Time Switches, mainly from Germany ($397k), Hong Kong ($293k), France ($252k), Chinese Taipei ($219k), and United States ($179k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR China WERE (2022 - 2023):
Saudi Arabia$2.16M (112%)
Vietnam$1.02M (131%)
Brazil$844k (14.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY China WERE (2022 - 2023):
United States-$9.88M (-35%)
Germany-$7.66M (-39.9%)
Japan-$5.28M (-59.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Time Switches were:
Mexico $63.1M
Germany $52.8M
In 2023, China's main importing competitors in Time Switches were:

Explore Visualizations

Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.71M
TOP IMPORT POTENTIALGermany+ $184k

Time Switches’s highest export potential is India. With an export gap of $2.71M.   Time Switches’s highest import potential is Germany with an import gap of $184k.

See methodology.

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