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2022
Exports $1.1TWorld Rnk 1 / 226
Flag Rnk 1 / 96
2022
Destination $13.7B Hong Kong
2021 - 2022
FASTEST GROWING MARKET $13.7BGermany
2022
PRODUCT COMPLEXITY IN Electrical machinery and electronics1.96Rnk 7 / 1025
2022
Imports $412BWorld Rnk 2 / 226
Flag Rnk 2 / 96
2022
Origin $5.6B China
2021 - 2022
FASTEST GROWING ORIGIN $5.6BChinese Taipei
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.1T 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 ($161B), United States ($139B), China ($91.5B), South Korea ($52.4B), and Vietnam ($48.9B).

The fastest growing export markets for Electrical machinery and electronics of China between 2021 and 2022 were Germany ($13.7B), United States ($11.5B), and Czechia ($7.7B).

Imports In 2022, China imported $412B 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: China ($91.5B), Chinese Taipei ($73.6B), South Korea ($71.6B), Vietnam ($33.7B), and Japan ($28.3B).

The fastest growing import markets in Electrical machinery and electronics for China between 2021 and 2022 were Chinese Taipei ($5.6B), South Korea ($4.54B), and Malaysia ($2.44B).

COMPANIES In 2023, leading companies such as CrimsonLogic (8.75k), You Hao Trading (4.08k), and LG Electronics (3.54k) were at the forefront of shipping Electrical machinery and electronics from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Electrical machinery and electronics exports accounted up to $86.2B and imports accounted up to $52.2B, resulting in a positive trade balance of $34B. Between October 2023 and October 2024 the exports of China's   Electrical machinery and electronics have increased by $7.38B (9.36%) from $78.8B to $86.2B, while imports increased by $1.72B (3.41%) from $50.5B to $52.2B.

Destinations In October 2024, Electrical machinery and electronics were exported mostly to Hong Kong ($14.5B), United States ($13.6B), Vietnam ($5.11B), Japan ($4.13B), and South Korea ($4.03B), and were imported mostly from Chinese Taipei ($14.8B), South Korea ($10.1B), China ($7.17B), Vietnam ($5.05B), and Japan ($3.69B).

Growth In October 2024, the increase in Electrical machinery and electronics's year-by-year exports was explained primarily by an increase in exports to Netherlands ($811M or 25.9%), Germany ($784M or 31.9%), and Turkey ($475M or 90.2%). In October 2024, the increase in Electrical machinery and electronics's year-by-year imports was explained primarily by an increase in imports from Vietnam ($281M or 7.65%), Costa Rica ($83.6M or 386%), and India ($18.6M or 26.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$7.38B(9.36%)
IMPORT GROWTH (October 2023 - October 2024)$1.72B(3.41%)
MAIN EXPORTER (October 2024)Guangdong Province$28.7B
MAIN DESTINATION (October 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 (2022)$1.1T
IMPORTS (2022)$412B
NET TRADE (2022)$687B

In 2022, China exported $1.1T in Electrical machinery and electronics. The main destinations of China exports on Electrical machinery and electronics were Hong Kong ($161B), United States ($139B), China ($91.5B), South Korea ($52.4B), and Vietnam ($48.9B).

In 2022, China imported $412B in Electrical machinery and electronics, mainly from China ($91.5B), Chinese Taipei ($73.6B), South Korea ($71.6B), Vietnam ($33.7B), and Japan ($28.3B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$13.7B (40.9%)
United States$11.5B (8.98%)
Czechia$7.7B (92.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY China WERE (2021 - 2022):
Hong Kong-$30B (-15.7%)
China-$21.2B (-18.8%)
Poland-$2.82B (-18.5%)
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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 machinery and electronics were:
Chinese Taipei $293B
South Korea $217B
In 2022, China's main importing competitors in Electrical machinery and electronics were:
United States $449B
Hong Kong $348B

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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