Hydrometers in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $1.72B in Hydrometers, making it the 1st largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 331st most exported product in China. The main destination of Hydrometers exports from China are: United States ($351M), Germany ($182M), Japan ($146M), Hong Kong ($110M), and South Korea ($74.6M).

The fastest growing export markets for Hydrometers of China between 2021 and 2022 were Chinese Taipei ($7M), Australia ($6.32M), and Ukraine ($5.89M).

Imports In 2022, China imported $580M in Hydrometers, becoming the 3rd largest importer of Hydrometers in the world. At the same year, Hydrometers was the 318th most imported product in China. China imports Hydrometers primarily from: Germany ($123M), United States ($79.1M), China ($52.9M), Japan ($48.5M), and Finland ($35.3M).

The fastest growing import markets in Hydrometers for China between 2021 and 2022 were Mexico ($10.8M), United States ($9.16M), and Finland ($7.72M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (518), AMAZON SERVICES LLC (348), and CONAIR CORPORATION (56) were at the forefront of shipping Hydrometers from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Hydrometers exports accounted up to $89M and imports accounted up to $66.8M, resulting in a positive trade balance of $22.2M. Between February 2023 and February 2024 the exports of China's Hydrometers have decreased by $-590k (-0.66%) from $89.6M to $89M, while imports decreased by $-8.68M (-11.5%) from $75.4M to $66.8M.

Destinations In February 2024, Hydrometers were exported mostly to United States ($19.6M), Germany ($11.1M), Japan ($6.92M), Hong Kong ($4.32M), and India ($4.1M), and were imported mostly from Germany ($11.6M), United States ($7.35M), Japan ($5.1M), Mexico ($4.94M), and Taiwan ($4.29M).

Growth In February 2024, the decrease in Hydrometers's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-9.32M or -60.4%), United States ($-4.12M or -12.1%), and Canada ($-2.6M or -66.9%). In February 2024, the decrease in Hydrometers's year-by-year imports was explained primarily by a decrease in imports from Mexico ($-2.62M or -47.9%), Bulgaria ($-2.56M or -65%), and Taiwan ($-1.39M or -21.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-590k(-0.66%)

IMPORT GROWTH (February 2023 - February 2024)$-8.68M(-11.5%)

MAIN EXPORTER (February 2024)Guangdong Province$48.6M

MAIN DESTINATION (February 2024)United States$19.6M

This section shows Hydrometers'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 Hydrometers over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.72B

IMPORTS (2022)$580M

NET TRADE (2022)$1.14B

In 2022, China exported $1.72B in Hydrometers. The main destinations of China exports on Hydrometers were United States ($351M), Germany ($182M), Japan ($146M), Hong Kong ($110M), and South Korea ($74.6M).

In 2022, China imported $580M in Hydrometers, mainly from Germany ($123M), United States ($79.1M), China ($52.9M), Japan ($48.5M), and Finland ($35.3M).

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