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2022
Exports $8.74BWorld Rnk 1 / 199
Flag Rnk 82 / 1216
2022
Destination $251M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $251MVietnam
2022
PRODUCT COMPLEXITY IN Electrical Capacitors1.28Rnk 97 / 1025
2022
Imports $6.86BWorld Rnk 1 / 211
Flag Rnk 49 / 1212
2022
Origin $118M China
2021 - 2022
FASTEST GROWING ORIGIN $118MMalaysia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $8.74B in Electrical Capacitors, making it the 1st largest exporter of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 82nd most exported product in China. The main destination of Electrical Capacitors exports from China are: Hong Kong ($2.16B), China ($1.89B), Vietnam ($715M), Chinese Taipei ($498M), and South Korea ($491M).

The fastest growing export markets for Electrical Capacitors of China between 2021 and 2022 were Vietnam ($251M), Mexico ($118M), and United States ($38.9M).

Imports In 2022, China imported $6.86B in Electrical Capacitors, becoming the 1st largest importer of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 49th most imported product in China. China imports Electrical Capacitors primarily from: China ($1.89B), Japan ($1.82B), Chinese Taipei ($1.03B), South Korea ($592M), and Malaysia ($443M).

The fastest growing import markets in Electrical Capacitors for China between 2021 and 2022 were Malaysia ($118M), El Salvador ($14.9M), and Vietnam ($14M).

COMPANIES In 2023, leading companies such as Costco Wholesale (73), ABB Motors and Mechanical (29), and Signify Lighting (27) were at the forefront of shipping Electrical Capacitors from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Electrical Capacitors exports accounted up to $462M and imports accounted up to $762M, resulting in a negative trade balance of $300M. Between October 2023 and October 2024 the exports of China's   Electrical Capacitors have increased by $84.1M (22.2%) from $378M to $462M, while imports increased by $12.6M (1.68%) from $750M to $762M.

Destinations In October 2024, Electrical Capacitors were exported mostly to Hong Kong ($151M), South Korea ($41.7M), Vietnam ($40.6M), Chinese Taipei ($37.1M), and India ($35.7M), and were imported mostly from Japan ($285M), China ($139M), Philippines ($75.3M), South Korea ($61.6M), and Chinese Taipei ($43.7M).

Growth In October 2024, the increase in Electrical Capacitors's year-by-year exports was explained primarily by an increase in exports to Russia ($3.77M or 242%), Netherlands ($2.02M or 162%), and Turkey ($888k or 30.3%). In October 2024, the increase in Electrical Capacitors's year-by-year imports was explained primarily by an increase in imports from Switzerland ($905k or 41.7%), Brazil ($282k or 15.8%), and Sri Lanka ($193k or 68%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$84.1M(22.2%)
IMPORT GROWTH (October 2023 - October 2024)$12.6M(1.68%)
MAIN EXPORTER (October 2024)Guangdong Province$204M
MAIN DESTINATION (October 2024)Hong Kong$151M

This section shows Electrical Capacitors'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 Electrical Capacitors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.74B
IMPORTS (2022)$6.86B
NET TRADE (2022)$1.88B

In 2022, China exported $8.74B in Electrical Capacitors. The main destinations of China exports on Electrical Capacitors were Hong Kong ($2.16B), China ($1.89B), Vietnam ($715M), Chinese Taipei ($498M), and South Korea ($491M).

In 2022, China imported $6.86B in Electrical Capacitors, mainly from China ($1.89B), Japan ($1.82B), Chinese Taipei ($1.03B), South Korea ($592M), and Malaysia ($443M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Capacitors EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$251M (54.1%)
Mexico$118M (124%)
United States$38.9M (18.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Capacitors BY China WERE (2021 - 2022):
China-$1.21B (-39%)
Hong Kong-$1.19B (-35.6%)
South Korea-$147M (-23%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Electrical Capacitors were:
Japan $7.51B
Chinese Taipei $2.1B
In 2022, China's main importing competitors in Electrical Capacitors were:
Hong Kong $5.2B
United States $2.58B

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Trade Value of Electrical Capacitors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $160M
TOP IMPORT POTENTIALPhilippines+ $125M

Electrical Capacitors’s highest export potential is India. With an export gap of $160M.   Electrical Capacitors’s highest import potential is Philippines with an import gap of $125M.

See methodology.

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