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2023
Exports $1.5BWorld Rnk 1 / 190
Flag Rnk 339 / 1215
2023
Destination $39.8M Vietnam
2022 - 2023
FASTEST GROWING MARKET $39.8MPhilippines
2023
PRODUCT COMPLEXITY IN High-voltage Protection Equipment0.62Rnk 318 / 1025
2023
Imports $432MWorld Rnk 4 / 223
Flag Rnk 362 / 1214
2023
Origin $26.3M Germany
2022 - 2023
FASTEST GROWING ORIGIN $26.3MGermany
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $1.5B in High-voltage Protection Equipment, making it the 1st largest exporter of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 339th most exported product in China. The main destination of High-voltage Protection Equipment exports from China are: Vietnam ($124M), United States ($94.1M), Philippines ($92.9M), Thailand ($87.8M), and Saudi Arabia ($76.5M).

The fastest growing export markets for High-voltage Protection Equipment of China between 2022 and 2023 were Philippines ($39.8M), Saudi Arabia ($34.2M), and Thailand ($22.7M).

Imports In 2023, China imported $432M in High-voltage Protection Equipment, becoming the 4th largest importer of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 362nd most imported product in China. China imports High-voltage Protection Equipment primarily from: Germany ($167M), Switzerland ($67.1M), United States ($36.2M), Japan ($34.2M), and Sweden ($20.6M).

The fastest growing import markets in High-voltage Protection Equipment for China between 2022 and 2023 were Germany ($26.3M), United States ($11.9M), and Switzerland ($6.74M).

COMPANIES In 2024, leading companies such as CrimsonLogic (118), IKEA Group (21), and TE Connectivity (11) were at the forefront of shipping High-voltage Protection Equipment from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's High-voltage Protection Equipment exports accounted up to $140M and imports accounted up to $19.5M, resulting in a positive trade balance of $120M. Between December 2023 and December 2024 the exports of China's   High-voltage Protection Equipment have increased by $24.5M (21.2%) from $115M to $140M, while imports increased by $3.31M (20.5%) from $16.2M to $19.5M.

Destinations In December 2024, High-voltage Protection Equipment were exported mostly to Vietnam ($14.7M), India ($12.8M), Saudi Arabia ($7.6M), United States ($6.63M), and Mexico ($5.57M), and were imported mostly from Japan ($4.24M), Germany ($3.1M), Switzerland ($2.86M), Italy ($1.38M), and United States ($1.29M).

Growth In December 2024, the increase in High-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Vietnam ($6.24M or 73%), Pakistan ($4.98M or 1.09k%), and South Korea ($3.9M or 221%). In December 2024, the increase in High-voltage Protection Equipment's year-by-year imports was explained primarily by an increase in imports from Japan ($1.81M or 73.3%), Switzerland ($681k or 32.6%), and Germany ($437k or 20.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$24.5M(21.2%)
IMPORT GROWTH (December 2023 - December 2024)$3.31M(20.5%)
MAIN EXPORTER (December 2024)Zhejiang Province$37M
MAIN DESTINATION (December 2024)Vietnam$14.7M

This section shows High-voltage Protection Equipment'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 High-voltage Protection Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.5B
IMPORTS (2023)$432M
NET TRADE (2023)$1.06B

In 2023, China exported $1.5B in High-voltage Protection Equipment. The main destinations of China exports on High-voltage Protection Equipment were Vietnam ($124M), United States ($94.1M), Philippines ($92.9M), Thailand ($87.8M), and Saudi Arabia ($76.5M).

In 2023, China imported $432M in High-voltage Protection Equipment, mainly from Germany ($167M), Switzerland ($67.1M), United States ($36.2M), Japan ($34.2M), and Sweden ($20.6M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING High-voltage Protection Equipment EXPORT MARKETS FOR China WERE (2022 - 2023):
Philippines$39.8M (74.9%)
Saudi Arabia$34.2M (80.8%)
Thailand$22.7M (34.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF High-voltage Protection Equipment BY China WERE (2022 - 2023):
Nigeria-$50.5M (-71%)
South Korea-$29.1M (-45.9%)
United States-$19.6M (-17.3%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in High-voltage Protection Equipment were:
Germany $1.36B
United States $895M
In 2023, China's main importing competitors in High-voltage Protection Equipment were:
United States $1.39B
Saudi Arabia $743M
Germany $468M

Explore Visualizations

Trade Value of High-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.9M
TOP IMPORT POTENTIALUnited States+ $15.6M

High-voltage Protection Equipment’s highest export potential is United States. With an export gap of $39.9M.   High-voltage Protection Equipment’s highest import potential is United States with an import gap of $15.6M.

See methodology.

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