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Pricing

2023
Exports $889MWorld Rnk 1 / 137
Flag Rnk 647 / 4593
2023
Destination $4.95M United States
2022 - 2023
FASTEST GROWING MARKET $4.95MPhilippines
2023
Imports $202MWorld Rnk 3 / 203
Flag Rnk 758 / 4516
2023
Origin $13.8M Japan
2022 - 2023
FASTEST GROWING ORIGIN $13.8MJapan
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $889M in Engines, spark-ignition type nes, making it the 1st largest exporter of Engines, spark-ignition type nes in the world. At the same year, Engines, spark-ignition type nes was the 647th most exported product in China. The main destination of Engines, spark-ignition type nes exports from China are: United States ($182M), Vietnam ($71.8M), Mexico ($48.3M), Russia ($46.4M), and Japan ($43.8M).

The fastest growing export markets for Engines, spark-ignition type nes of China between 2022 and 2023 were Philippines ($4.95M), Iran ($4.08M), and India ($3.48M).

Imports In 2023, China imported $202M in Engines, spark-ignition type nes, becoming the 3rd largest importer of Engines, spark-ignition type nes in the world. At the same year, Engines, spark-ignition type nes was the 758th most imported product in China. China imports Engines, spark-ignition type nes primarily from: Japan ($74.6M), United States ($52.8M), Canada ($31.8M), Thailand ($20.1M), and South Korea ($10.6M).

The fastest growing import markets in Engines, spark-ignition type nes for China between 2022 and 2023 were Japan ($13.8M), Canada ($12.3M), and Germany ($5.2M).

COMPANIES In 2024, leading companies such as CrimsonLogic (105k), IKEA Group (37.3k), and Walmart (28.1k) were at the forefront of shipping Engines, spark-ignition type nes from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Engines, spark-ignition type nes exports accounted up to $112M and imports accounted up to $16.7M, resulting in a positive trade balance of $95.1M. Between December 2023 and December 2024 the exports of China's   Engines, spark-ignition type nes have increased by $37.8M (51%) from $74M to $112M, while imports increased by $3.16M (23.4%) from $13.5M to $16.7M.

Destinations In December 2024, Engines, spark-ignition type nes were exported mostly to Vietnam ($22.4M), United States ($18M), Nigeria ($7.89M), Russia ($6.4M), and Slovenia ($4.96M), and were imported mostly from United States ($4.69M), Thailand ($4.08M), Japan ($3.94M), Germany ($1.52M), and Canada ($1.14M).

Growth In December 2024, the increase in Engines, spark-ignition type nes's year-by-year exports was explained primarily by an increase in exports to United States ($4.66M or 33.3%), Vietnam ($4.49M or 118%), and Japan ($2.15M or 74.7%). In December 2024, the increase in Engines, spark-ignition type nes's year-by-year imports was explained primarily by an increase in imports from Germany ($1.56M or 2.7k%), Thailand ($755k or 50.9%), and China ($510k or 50.9k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$37.8M(51%)
IMPORT GROWTH (December 2023 - December 2024)$3.16M(23.4%)
MAIN EXPORTER (December 2024)Chongqing$74.6M
MAIN DESTINATION (December 2024)Vietnam$22.4M

This section shows Engines, spark-ignition type nes'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 Engines, spark-ignition type nes over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Engines, spark-ignition type nes throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$889M
IMPORTS (2023)$202M
NET TRADE (2023)$687M

In 2023, China exported $889M in Engines, spark-ignition type nes. The main destinations of China exports on Engines, spark-ignition type nes were United States ($182M), Vietnam ($71.8M), Mexico ($48.3M), Russia ($46.4M), and Japan ($43.8M).

In 2023, China imported $202M in Engines, spark-ignition type nes, mainly from Japan ($74.6M), United States ($52.8M), Canada ($31.8M), Thailand ($20.1M), and South Korea ($10.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Engines, spark-ignition type nes EXPORT MARKETS FOR China WERE (2022 - 2023):
Philippines$4.95M (74.8%)
Iran$4.08M (141%)
India$3.48M (55.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engines, spark-ignition type nes BY China WERE (2022 - 2023):
United States-$197M (-52%)
Vietnam-$61.2M (-46%)
Malaysia-$41.1M (-61.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Engines, spark-ignition type nes were:
United States $512M
Japan $412M
In 2023, China's main importing competitors in Engines, spark-ignition type nes were:
United States $788M
Mexico $231M

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Trade Value of Engines, spark-ignition type nes by Exporters

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