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2023
Exports $24.8BWorld Rnk 1 / 226
Flag Rnk 22 / 1215
2023
Destination $351M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $351MIndia
2023
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment0.68Rnk 294 / 1025
2023
Imports $8.39BWorld Rnk 3 / 226
Flag Rnk 34 / 1214
2023
Origin $316M Japan
2022 - 2023
FASTEST GROWING ORIGIN $316MSouth Korea
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $24.8B in Low-voltage Protection Equipment, making it the 1st largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 22nd most exported product in China. The main destination of Low-voltage Protection Equipment exports from China are: Hong Kong ($3.23B), United States ($2.25B), Germany ($1.57B), Vietnam ($1.44B), and Japan ($1.25B).

The fastest growing export markets for Low-voltage Protection Equipment of China between 2022 and 2023 were India ($351M), Russia ($280M), and Turkey ($76.1M).

Imports In 2023, China imported $8.39B in Low-voltage Protection Equipment, becoming the 3rd largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 34th most imported product in China. China imports Low-voltage Protection Equipment primarily from: Japan ($2.17B), Germany ($1.67B), South Korea ($939M), United States ($527M), and Vietnam ($452M).

The fastest growing import markets in Low-voltage Protection Equipment for China between 2022 and 2023 were South Korea ($316M), Vietnam ($267M), and Malaysia ($22.6M).

COMPANIES In 2024, leading companies such as TE Connectivity (438), Cloud Network Technology (243), and CrimsonLogic (192) were at the forefront of shipping Low-voltage Protection Equipment from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Low-voltage Protection Equipment exports accounted up to $2.14B and imports accounted up to $1.09B, resulting in a positive trade balance of $1.05B. Between December 2023 and December 2024 the exports of China's   Low-voltage Protection Equipment have increased by $353M (19.8%) from $1.79B to $2.14B, while imports increased by $53.8M (5.2%) from $1.03B to $1.09B.

Destinations In December 2024, Low-voltage Protection Equipment were exported mostly to Hong Kong ($315M), United States ($248M), Vietnam ($185M), Chinese Taipei ($92.1M), and Germany ($83.5M), and were imported mostly from Japan ($244M), China ($232M), Germany ($103M), South Korea ($91.7M), and United States ($54.5M).

Growth In December 2024, the increase in Low-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($84.3M or 48.1%), Vietnam ($71M or 79.5%), and Chinese Taipei ($26.8M or 67.4%). In December 2024, the increase in Low-voltage Protection Equipment's year-by-year imports was explained primarily by an increase in imports from China ($28.8M or 16.6%), South Korea ($15.6M or 24%), and Vietnam ($10.7M or 34%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$353M(19.8%)
IMPORT GROWTH (December 2023 - December 2024)$53.8M(5.2%)
MAIN EXPORTER (December 2024)Guangdong Province$668M
MAIN DESTINATION (December 2024)Hong Kong$315M

This section shows Low-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 Low-voltage Protection Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$24.8B
IMPORTS (2023)$8.39B
NET TRADE (2023)$16.4B

In 2023, China exported $24.8B in Low-voltage Protection Equipment. The main destinations of China exports on Low-voltage Protection Equipment were Hong Kong ($3.23B), United States ($2.25B), Germany ($1.57B), Vietnam ($1.44B), and Japan ($1.25B).

In 2023, China imported $8.39B in Low-voltage Protection Equipment, mainly from Japan ($2.17B), Germany ($1.67B), South Korea ($939M), United States ($527M), and Vietnam ($452M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR China WERE (2022 - 2023):
India$351M (64.7%)
Russia$280M (55.9%)
Turkey$76.1M (23.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY China WERE (2022 - 2023):
Mexico-$1B (-47.8%)
United States-$698M (-23.7%)
Vietnam-$474M (-24.8%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Low-voltage Protection Equipment were:
Germany $15.5B
United States $9.69B
In 2023, China's main importing competitors in Low-voltage Protection Equipment were:
United States $13.5B
Germany $9.42B

Explore Visualizations

Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $706M
TOP IMPORT POTENTIALUnited States+ $260M

Low-voltage Protection Equipment’s highest export potential is United States. With an export gap of $706M.   Low-voltage Protection Equipment’s highest import potential is United States with an import gap of $260M.

See methodology.

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