High-voltage Protection Equipment in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $1.31B 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 375th most exported product in China. The main destination of High-voltage Protection Equipment exports from China are: Vietnam ($125M), United States ($94.2M), South Korea ($70.5M), Thailand ($51.3M), and Malaysia ($49.1M).

The fastest growing export markets for High-voltage Protection Equipment of China between 2021 and 2022 were South Korea ($39M), Nigeria ($36.6M), and United States ($23.9M).

Imports In 2022, China imported $500M in High-voltage Protection Equipment, becoming the 3rd largest importer of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 347th most imported product in China. China imports High-voltage Protection Equipment primarily from: Germany ($166M), Switzerland ($70.3M), South Korea ($46.3M), United States ($35.7M), and Japan ($29.4M).

The fastest growing import markets in High-voltage Protection Equipment for China between 2021 and 2022 were Italy ($8.68M), South Korea ($7.98M), and Mexico ($2.78M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (1.11k), TE CONNECTIVITY CORPORATION (352), and STARTECH.COM USA LLP (312) were at the forefront of shipping High-voltage Protection Equipment from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's High-voltage Protection Equipment exports accounted up to $82.8M and imports accounted up to $12.9M, resulting in a positive trade balance of $69.9M. Between February 2023 and February 2024 the exports of China's High-voltage Protection Equipment have increased by $6.13M (7.99%) from $76.7M to $82.8M, while imports decreased by $-6.03M (-31.8%) from $19M to $12.9M.

Destinations In February 2024, High-voltage Protection Equipment were exported mostly to Vietnam ($7.93M), India ($5.97M), Saudi Arabia ($5.51M), Indonesia ($4.66M), and Philippines ($4.57M), and were imported mostly from Germany ($2.5M), Japan ($1.99M), Switzerland ($1.76M), France ($1.71M), and United States ($1.03M).

Growth In February 2024, the increase in High-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Nigeria ($4.44M or 781%), Mexico ($4M or 254%), and United States ($2.55M or 44.7%). In February 2024, the decrease in High-voltage Protection Equipment's year-by-year imports was explained primarily by a decrease in imports from France ($-2.16M or -81.8%), Sweden ($-1.65M or -94.6%), and Poland ($-1.07M or -90%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$6.13M(7.99%)

IMPORT GROWTH (February 2023 - February 2024)$-6.03M(-31.8%)

MAIN EXPORTER (February 2024)Zhejiang Province$35.7M

MAIN DESTINATION (February 2024)Vietnam$7.93M

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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