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Pricing

2022
Exports | Imports $3.22B | $922MWorld Rnk 2 / 209
Flag Rnk 212 / 1216
World Rnk 4 / 223
Flag Rnk 234 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $48.9M | $12.8MMexico |  United States
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Electrical Ignitions0.74Rnk 275 / 1025

About

Exports In 2022, China exported $3.22B in Electrical Ignitions, making it the 2nd largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 212th most exported product in China. The main destination of Electrical Ignitions exports from China are: United States ($639M), Mexico ($283M), Poland ($138M), Japan ($132M), and Russia ($125M).

The fastest growing export markets for Electrical Ignitions of China between 2021 and 2022 were Mexico ($48.9M), Poland ($32M), and Malaysia ($30.6M).

Imports In 2022, China imported $922M in Electrical Ignitions, becoming the 4th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 234th most imported product in China. China imports Electrical Ignitions primarily from: Germany ($382M), Japan ($238M), United States ($74.1M), Thailand ($66.9M), and South Korea ($23.5M).

The fastest growing import markets in Electrical Ignitions for China between 2021 and 2022 were United States ($12.8M), Russia ($2.86M), and Spain ($2.04M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (5.16k), AMAZON SERVICES LLC (4.76k), and TE CONNECTIVITY CORPORATION (2.4k) were at the forefront of shipping Electrical Ignitions from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Electrical Ignitions exports accounted up to $221M and imports accounted up to $103M, resulting in a positive trade balance of $117M. Between February 2023 and February 2024 the exports of China's   Electrical Ignitions have increased by $55.9M (33.9%) from $165M to $221M, while imports increased by $21.7M (26.6%) from $81.6M to $103M.

Destinations In February 2024, Electrical Ignitions were exported mostly to United States ($42.2M), Mexico ($17.3M), Russia ($12.7M), Poland ($11.9M), and Brazil ($11.7M), and were imported mostly from France ($29M), Japan ($25.9M), United States ($16.8M), Germany ($7.67M), and Hungary ($6.09M).

Growth In February 2024, the increase in Electrical Ignitions's year-by-year exports was explained primarily by an increase in exports to France ($10.7M or 149%), Russia ($3.51M or 27.9%), and Brazil ($2.76M or 25.2%). In February 2024, the increase in Electrical Ignitions's year-by-year imports was explained primarily by an increase in imports from Finland ($1.21M or 22.1k%), Portugal ($503k or 206%), and Brazil ($56.7k or 7.44k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$55.9M(33.9%)
IMPORT GROWTH (February 2023 - February 2024)$21.7M(26.6%)
MAIN EXPORTER (February 2024)Zhejiang Province$99.5M
MAIN DESTINATION (February 2024)United States$42.2M

This section shows Electrical Ignitions'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 Ignitions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.22B
IMPORTS (2022)$922M
NET TRADE (2022)$2.3B

In 2022, China exported $3.22B in Electrical Ignitions. The main destinations of China exports on Electrical Ignitions were United States ($639M), Mexico ($283M), Poland ($138M), Japan ($132M), and Russia ($125M).

In 2022, China imported $922M in Electrical Ignitions, mainly from Germany ($382M), Japan ($238M), United States ($74.1M), Thailand ($66.9M), and South Korea ($23.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR China WERE (2021 - 2022):
Mexico$48.9M (20.8%)
Poland$32M (30.3%)
Malaysia$30.6M (53.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY China WERE (2021 - 2022):
Netherlands-$25.1M (-38.1%)
Japan-$8.89M (-6.33%)
France-$7.28M (-8.31%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Electrical Ignitions were:
Japan $3.43B
United States $2.02B
In 2022, China's main importing competitors in Electrical Ignitions were:
United States $4.44B
Germany $2.05B
Mexico $1.66B

Explore Visualizations

Trade Value of Electrical Ignitions by Exporters

Keep Exploring

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