HS Icon Vehicle Parts in  Flag China

2020
Exports | Imports
: $32.1B | $23.9B, World Rnk 2 / 226
Flag Rnk 10 / 1215 | World Rnk 3 / 226
Flag Rnk 10 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $263M | $1.17B, South Korea |  Germany


ECONOMIC COMPLEXITY of China
: 0.96, Rnk 28 / 127


PRODUCT COMPLEXITY  IN Vehicle Parts
: 1.06, Rnk 142 / 1028

Exports In 2020, China exported $32.1B in Vehicle Parts, making it the 2nd largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 10th most exported product in China. The main destination of Vehicle Parts exports from China are: United States ($8.42B), Japan ($2.55B), Mexico ($1.99B), Germany ($1.57B), and South Korea ($1.55B).

The fastest growing export markets for Vehicle Parts of China between 2019 and 2020 were South Korea ($263M), Iran ($192M), and Malaysia ($190M).

Imports In 2020, China imported $23.9B in Vehicle Parts, becoming the 3rd largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 10th most imported product in China. China imports Vehicle Parts primarily from: Germany ($10.5B), Japan ($6.04B), United States ($1.95B), South Korea ($1.28B), and Mexico ($830M).

The fastest growing import markets in Vehicle Parts for China between 2019 and 2020 were Germany ($1.17B), United States ($414M), and Mexico ($135M).

Tariffs In 2018, the average tariff for China in Vehicle Parts was 8.17%. The countries with the highest import tariffs for Vehicle Parts were Switzerland (Most Favoured Nation duty rate treatement, 25%), Liechtenstein (Most Favoured Nation duty rate treatement, 25%), Pakistan (Most Favoured Nation duty rate treatement, 14.6%), Bangladesh (Most Favoured Nation duty rate treatement, 13.6%), and India (Most Favoured Nation duty rate treatement, 10.1%).

November 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (November 2020 - November 2021): $486M, (13.7%)

IMPORT GROWTH (November 2020 - November 2021): $319M, (12.9%)

MAIN EXPORTER (November 2021): Zhejiang Province, $953M

MAIN DESTINATION (November 2021): United States, $1.01B

This section shows Vehicle Parts'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 Vehicle Parts over time.

For full datasets download visit Bulk Download page.

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Historical Data

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EXPORTS (2020): $32.1B

IMPORTS (2020): $23.9B

NET TRADE (2020): $8.24B

In 2020, China exported $32.1B in Vehicle Parts. The main destinations of China exports on Vehicle Parts were United States ($8.42B), Japan ($2.55B), Mexico ($1.99B), Germany ($1.57B), and South Korea ($1.55B).

In 2020, China imported $23.9B in Vehicle Parts, mainly from Germany ($10.5B), Japan ($6.04B), United States ($1.95B), South Korea ($1.28B), and Mexico ($830M).

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IN 2020, China HAD A POSITIVE NET TRADE IN Vehicle Parts WITH:

IN 2020, China HAD A NEGATIVE NET TRADE IN Vehicle Parts WITH:

Flow

THE FASTEST GROWING Vehicle Parts EXPORT MARKETS FOR China WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Parts BY China WERE (2019 - 2020):

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Market Concentration

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In 2019, China's main exporting competitors in Vehicle Parts were:

In 2019, China's main importing competitors in Vehicle Parts were:

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Tariffs by Country

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In 2018, the average tariff for China in Vehicle Parts was 8.17%.

The countries with the highest tariffs for Vehicle Parts in China were Switzerland (Most Favoured Nation duty rate treatement, 25%), Liechtenstein (Most Favoured Nation duty rate treatement, 25%), Pakistan (Most Favoured Nation duty rate treatement, 14.6%), Bangladesh (Most Favoured Nation duty rate treatement, 13.6%), and India (Most Favoured Nation duty rate treatement, 10.1%).