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2023
Exports $2.63BWorld Rnk 1 / 193
Flag Rnk 224 / 1215
2023
Destination $66.6M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $66.6MIndia
2023
PRODUCT COMPLEXITY IN Electrical Resistors0.83Rnk 235 / 1025
2023
Imports $1.39BWorld Rnk 1 / 215
Flag Rnk 179 / 1214
2023
Origin $63.2M Japan
2022 - 2023
FASTEST GROWING ORIGIN $63.2MMalaysia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.63B in Electrical Resistors, making it the 1st largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 224th most exported product in China. The main destination of Electrical Resistors exports from China are: Hong Kong ($513M), Germany ($250M), South Korea ($216M), Mexico ($200M), and India ($180M).

The fastest growing export markets for Electrical Resistors of China between 2022 and 2023 were India ($66.6M), South Korea ($34.6M), and Vietnam ($9.78M).

Imports In 2023, China imported $1.39B in Electrical Resistors, becoming the 1st largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 179th most imported product in China. China imports Electrical Resistors primarily from: Japan ($310M), Chinese Taipei ($262M), Germany ($166M), Malaysia ($156M), and Thailand ($68.8M).

The fastest growing import markets in Electrical Resistors for China between 2022 and 2023 were Malaysia ($63.2M), Germany ($13.3M), and Slovakia ($1.38M).

COMPANIES In 2024, leading companies such as Schaeffler Group (33), CrimsonLogic (29), and Volvo (24) were at the forefront of shipping Electrical Resistors from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Electrical Resistors exports accounted up to $171M and imports accounted up to $188M, resulting in a negative trade balance of $16.8M. Between December 2023 and December 2024 the exports of China's   Electrical Resistors have decreased by $-192M (-52.9%) from $363M to $171M, while imports decreased by $-247M (-56.8%) from $435M to $188M.

Destinations In December 2024, Electrical Resistors were exported mostly to Hong Kong ($73.9M), Vietnam ($9.8M), United States ($9.31M), Germany ($8.95M), and India ($8.85M), and were imported mostly from Chinese Taipei ($43.5M), China ($38.3M), Japan ($35.8M), Germany ($15.7M), and Thailand ($7.94M).

Growth In December 2024, the decrease in Electrical Resistors's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-20.3M or -85.8%), Brazil ($-1.28M or -40.9%), and Australia ($-1.17M or -76.6%). In December 2024, the decrease in Electrical Resistors's year-by-year imports was explained primarily by a decrease in imports from United States ($-564k or -10.3%), Israel ($-527k or -9.95%), and Malaysia ($-341k or -5.49%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-192M(-52.9%)
IMPORT GROWTH (December 2023 - December 2024)$-247M(-56.8%)
MAIN EXPORTER (December 2024)Shandong Province$91.8M
MAIN DESTINATION (December 2024)Hong Kong$73.9M

This section shows Electrical Resistors'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 Resistors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.63B
IMPORTS (2023)$1.39B
NET TRADE (2023)$1.24B

In 2023, China exported $2.63B in Electrical Resistors. The main destinations of China exports on Electrical Resistors were Hong Kong ($513M), Germany ($250M), South Korea ($216M), Mexico ($200M), and India ($180M).

In 2023, China imported $1.39B in Electrical Resistors, mainly from Japan ($310M), Chinese Taipei ($262M), Germany ($166M), Malaysia ($156M), and Thailand ($68.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR China WERE (2022 - 2023):
India$66.6M (58.6%)
South Korea$34.6M (19%)
Vietnam$9.78M (7.03%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY China WERE (2022 - 2023):
Hong Kong-$219M (-29.9%)
Germany-$67.9M (-21.4%)
United States-$58.9M (-34.1%)
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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 Resistors were:
Germany $1.31B
Japan $1.31B
In 2023, China's main importing competitors in Electrical Resistors were:
Germany $1.07B
Hong Kong $1.04B

Explore Visualizations

Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $79.5M
TOP IMPORT POTENTIALPhilippines+ $28.6M

Electrical Resistors’s highest export potential is India. With an export gap of $79.5M.   Electrical Resistors’s highest import potential is Philippines with an import gap of $28.6M.

See methodology.

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