2022
Exports
$2.64BWorld Rnk 1 / 152
Flag Rnk 253 / 1216
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$92.5MWorld Rnk 42 / 217
Flag Rnk 669 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.64B in Buses, making it the 1st largest exporter of Buses in the world. At the same year, Buses was the 253rd most exported product in China. The main destination of Buses exports from China are: Chile ($229M), Israel ($159M), Russia ($151M), Qatar ($143M), and South Korea ($140M).

The fastest growing export markets for Buses of China between 2021 and 2022 were Chile ($183M), Russia ($96.7M), and Thailand ($67.4M).

Imports In 2022, China imported $92.5M in Buses, becoming the 42nd largest importer of Buses in the world. At the same year, Buses was the 669th most imported product in China. China imports Buses primarily from: Kuwait ($39.9M), Japan ($23.5M), United Arab Emirates ($9.03M), Germany ($6.13M), and Hong Kong ($5.14M).

The fastest growing import markets in Buses for China between 2021 and 2022 were Kuwait ($39.8M), Germany ($6.13M), and Japan ($5.11M).

COMPANIES In 2023, leading companies such as CrimsonLogic (5), Yaheetech (4), and Cooper Lighting Solutions (4) were at the forefront of shipping Buses from China to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$117M(33.2%)
IMPORT GROWTH (September 2023 - September 2024)$79.6k(3.56%)
MAIN EXPORTER (September 2024)Henan Province$242M
MAIN DESTINATION (September 2024)Russia$80.6M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.64B
IMPORTS (2022)$92.5M
NET TRADE (2022)$2.54B

In 2022, China exported $2.64B in Buses. The main destinations of China exports on Buses were Chile ($229M), Israel ($159M), Russia ($151M), Qatar ($143M), and South Korea ($140M).

In 2022, China imported $92.5M in Buses, mainly from Kuwait ($39.9M), Japan ($23.5M), United Arab Emirates ($9.03M), Germany ($6.13M), and Hong Kong ($5.14M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR China WERE (2021 - 2022):
Chile$183M (396%)
Russia$96.7M (179%)
Thailand$67.4M (1.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY China WERE (2021 - 2022):
Qatar-$217M (-60.2%)
Hong Kong-$48.6M (-48.5%)
Norway-$43M (-87.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Buses were:
Japan $1.95B
Turkey $1.52B
In 2022, China's main importing competitors in Buses were:

Explore Visualizations

Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $25M
TOP IMPORT POTENTIALJapan+ $12.8M

Buses’s highest export potential is Russia. With an export gap of $25M.   Buses’s highest import potential is Japan with an import gap of $12.8M.

See methodology.

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