Machinery, mechanical appliances, & parts in China | The Observatory of Economic Complexity

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Exports In 2023, China exported $580B in Machinery, mechanical appliances, & parts, making it the 1st largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most exported product in China. The main destination of Machinery, mechanical appliances, & parts exports from China are: United States ($89B), Hong Kong ($33.7B), Germany ($31.1B), Japan ($30.7B), and India ($25.1B).

The fastest growing export markets for Machinery, mechanical appliances, & parts of China between 2022 and 2023 were Russia ($8.18B), India ($2.66B), and Turkey ($1.93B).

Imports In 2023, China imported $168B in Machinery, mechanical appliances, & parts, becoming the 3rd largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 4th most imported product in China. China imports Machinery, mechanical appliances, & parts primarily from: Japan ($31B), Germany ($21B), United States ($17.1B), South Korea ($15.6B), and Chinese Taipei ($11.2B).

The fastest growing import markets in Machinery, mechanical appliances, & parts for China between 2022 and 2023 were Netherlands ($4.92B), Vietnam ($2.72B), and France ($1.1B).

COMPANIES In 2024, leading companies such as CrimsonLogic (16.8k), Medical Depot (3k), and Electrolux (2.89k) were at the forefront of shipping Machinery, mechanical appliances, & parts from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Machinery, mechanical appliances, & parts exports accounted up to $53.7B and imports accounted up to $23.3B, resulting in a positive trade balance of $30.4B. Between December 2023 and December 2024 the exports of China's Machinery, mechanical appliances, & parts have increased by $9.31B (21%) from $44.4B to $53.7B, while imports increased by $4.37B (23.1%) from $19B to $23.3B.

Destinations In December 2024, Machinery, mechanical appliances, & parts were exported mostly to United States ($8.13B), Hong Kong ($3.57B), Russia ($2.84B), Japan ($2.24B), and India ($2.17B), and were imported mostly from Chinese Taipei ($3.87B), Japan ($3.74B), South Korea ($1.88B), United States ($1.87B), and Germany ($1.65B).

Growth In December 2024, the increase in Machinery, mechanical appliances, & parts's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($889M or 36.1%), Vietnam ($720M or 91.3%), and Indonesia ($307M or 26.8%). In December 2024, the increase in Machinery, mechanical appliances, & parts's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($587M or 69.3%), Netherlands ($575M or 317%), and China ($565M or 70.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$9.31B(21%)

IMPORT GROWTH (December 2023 - December 2024)$4.37B(23.1%)

MAIN EXPORTER (December 2024)Guangdong Province$11.6B

MAIN DESTINATION (December 2024)United States$8.13B

This section shows Machinery, mechanical appliances, & parts'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 Machinery, mechanical appliances, & parts over time.

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