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2023
Exports $1.05TWorld Rnk 1 / 226
Flag Rnk 1 / 96
2023
Destination $18.2B Hong Kong
2022 - 2023
FASTEST GROWING MARKET $18.2BIndia
2023
PRODUCT COMPLEXITY IN Electrical machinery and electronics1.73Rnk 19 / 1025
2023
Imports $353BWorld Rnk 2 / 226
Flag Rnk 2 / 96
2023
Origin $13.2B South Korea
2022 - 2023
FASTEST GROWING ORIGIN $13.2BVietnam
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $1.05T in Electrical machinery and electronics, making it the 1st largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 1st most exported product in China. The main destination of Electrical machinery and electronics exports from China are: Hong Kong ($156B), United States ($119B), Germany ($64.9B), Japan ($49.9B), and South Korea ($45.7B).

The fastest growing export markets for Electrical machinery and electronics of China between 2022 and 2023 were India ($18.2B), United Arab Emirates ($6.36B), and Mexico ($6.11B).

Imports In 2023, China imported $353B in Electrical machinery and electronics, becoming the 2nd largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most imported product in China. China imports Electrical machinery and electronics primarily from: South Korea ($87.5B), Chinese Taipei ($63.5B), Vietnam ($54.6B), Japan ($33.7B), and Malaysia ($25.4B).

The fastest growing import markets in Electrical machinery and electronics for China between 2022 and 2023 were Vietnam ($13.2B), Germany ($1.02B), and Netherlands ($199M).

COMPANIES In 2024, leading companies such as CrimsonLogic (12.7k), Itourscm (4.17k), and LG Electronics (3.18k) were at the forefront of shipping Electrical machinery and electronics from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Electrical machinery and electronics exports accounted up to $84.4B and imports accounted up to $54.7B, resulting in a positive trade balance of $29.8B. Between December 2023 and December 2024 the exports of China's   Electrical machinery and electronics have increased by $4.32B (5.39%) from $80.1B to $84.4B, while imports increased by $2.47B (4.73%) from $52.2B to $54.7B.

Destinations In December 2024, Electrical machinery and electronics were exported mostly to Hong Kong ($14.5B), United States ($12.1B), Vietnam ($5.57B), South Korea ($4.01B), and India ($3.92B), and were imported mostly from Chinese Taipei ($13.9B), South Korea ($10.1B), China ($8.15B), Vietnam ($5.72B), and Japan ($4.06B).

Growth In December 2024, the increase in Electrical machinery and electronics's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($3.77B or 37.6%), Vietnam ($1.6B or 51.8%), and India ($1.2B or 41.3%). In December 2024, the increase in Electrical machinery and electronics's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($2.27B or 21.1%), China ($2.24B or 46.3%), and South Korea ($1.96B or 30.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$4.32B(5.39%)
IMPORT GROWTH (December 2023 - December 2024)$2.47B(4.73%)
MAIN EXPORTER (December 2024)Guangdong Province$28.7B
MAIN DESTINATION (December 2024)Hong Kong$14.5B

This section shows Electrical machinery and electronics'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 machinery and electronics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.05T
IMPORTS (2023)$353B
NET TRADE (2023)$698B

In 2023, China exported $1.05T in Electrical machinery and electronics. The main destinations of China exports on Electrical machinery and electronics were Hong Kong ($156B), United States ($119B), Germany ($64.9B), Japan ($49.9B), and South Korea ($45.7B).

In 2023, China imported $353B in Electrical machinery and electronics, mainly from South Korea ($87.5B), Chinese Taipei ($63.5B), Vietnam ($54.6B), Japan ($33.7B), and Malaysia ($25.4B).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR China WERE (2022 - 2023):
India$18.2B (67.6%)
United Arab Emirates$6.36B (23.2%)
Mexico$6.11B (19.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY China WERE (2022 - 2023):
United States-$18.9B (-13.7%)
South Korea-$9.5B (-17.2%)
Chinese Taipei-$7.73B (-18.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Electrical machinery and electronics were:
Chinese Taipei $287B
South Korea $208B
In 2023, China's main importing competitors in Electrical machinery and electronics were:
United States $455B
Hong Kong $341B

Explore Visualizations

Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $19.3B
TOP IMPORT POTENTIALVietnam+ $12B

Electrical machinery and electronics’s highest export potential is India. With an export gap of $19.3B.   Electrical machinery and electronics’s highest import potential is Vietnam with an import gap of $12B.

See methodology.

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