2022
Exports
$170MWorld Rnk 3 / 58
Flag Rnk 801 / 1216
2022
PRODUCT COMPLEXITY IN Electric Locomotives
1.09Rnk 138 / 1025
2022
Imports
$25.2MWorld Rnk 17 / 110
Flag Rnk 894 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $170M in Electric Locomotives, making it the 3rd largest exporter of Electric Locomotives in the world. At the same year, Electric Locomotives was the 801st most exported product in China. The main destination of Electric Locomotives exports from China are: Uzbekistan ($62.9M), Hong Kong ($52.6M), Indonesia ($21.4M), India ($7.23M), and Vietnam ($6.6M).

The fastest growing export markets for Electric Locomotives of China between 2021 and 2022 were Hong Kong ($28.2M), Indonesia ($21.3M), and India ($6.63M).

Imports In 2022, China imported $25.2M in Electric Locomotives, becoming the 17th largest importer of Electric Locomotives in the world. At the same year, Electric Locomotives was the 894th most imported product in China. China imports Electric Locomotives primarily from: South Korea ($24.8M), China ($344k), United Kingdom ($27.2k), and Australia ($11.8k).

The fastest growing import markets in Electric Locomotives for China between 2021 and 2022 were South Korea ($24.8M), China ($344k), and United Kingdom ($27.2k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Locomotives. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$170M
IMPORTS (2022)$25.2M
NET TRADE (2022)$144M

In 2022, China exported $170M in Electric Locomotives. The main destinations of China exports on Electric Locomotives were Uzbekistan ($62.9M), Hong Kong ($52.6M), Indonesia ($21.4M), India ($7.23M), and Vietnam ($6.6M).

In 2022, China imported $25.2M in Electric Locomotives, mainly from South Korea ($24.8M), China ($344k), United Kingdom ($27.2k), and Australia ($11.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Locomotives EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$28.2M (115%)
Indonesia$21.3M (15.4k%)
India$6.63M (1.12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Locomotives BY China WERE (2021 - 2022):
Laos-$37.9M (-92.5%)
Turkey-$13.4M (-99.7%)
Singapore-$12.7M (-89.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Electric Locomotives were:
In 2022, China's main importing competitors in Electric Locomotives were:

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Trade Value of Electric Locomotives by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.87M
TOP IMPORT POTENTIALUnited Kingdom+ $64.4k

Electric Locomotives’s highest export potential is India. With an export gap of $1.87M.   Electric Locomotives’s highest import potential is United Kingdom with an import gap of $64.4k.

See methodology.

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