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2023
Exports $694MWorld Rnk 1 / 158
Flag Rnk 499 / 1215
2023
Destination $24.9M India
2022 - 2023
FASTEST GROWING MARKET $24.9MIndia
2023
PRODUCT COMPLEXITY IN Mill Machinery0.44Rnk 391 / 1025
2023
Imports $18.8MWorld Rnk 37 / 199
Flag Rnk 918 / 1214
2023
Origin $1.76M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.76MUnited States
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $694M in Mill Machinery, making it the 1st largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 499th most exported product in China. The main destination of Mill Machinery exports from China are: India ($155M), Nigeria ($48M), Indonesia ($29.9M), Vietnam ($25.4M), and Ethiopia ($23.5M).

The fastest growing export markets for Mill Machinery of China between 2022 and 2023 were India ($24.9M), Mexico ($10.9M), and Madagascar ($8.58M).

Imports In 2023, China imported $18.8M in Mill Machinery, becoming the 37th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 918th most imported product in China. China imports Mill Machinery primarily from: United States ($3.39M), Spain ($2.45M), Germany ($2.31M), Italy ($1.87M), and Japan ($1.43M).

The fastest growing import markets in Mill Machinery for China between 2022 and 2023 were United States ($1.76M), Australia ($702k), and Poland ($193k).

COMPANIES In 2024, leading companies such as Conair (8), Robert Bosch (3), and Amazon (1) were at the forefront of shipping Mill Machinery from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Mill Machinery exports accounted up to $73.2M and imports accounted up to $1.02M, resulting in a positive trade balance of $72.2M. Between December 2023 and December 2024 the exports of China's   Mill Machinery have increased by $25M (51.9%) from $48.2M to $73.2M, while imports increased by $629k (162%) from $389k to $1.02M.

Destinations In December 2024, Mill Machinery were exported mostly to India ($10.9M), Russia ($5.64M), Egypt ($5.31M), Vietnam ($3.96M), and Thailand ($2.79M), and were imported mostly from United Kingdom ($293k), Austria ($172k), Turkey ($167k), Japan ($167k), and United States ($59.2k).

Growth In December 2024, the increase in Mill Machinery's year-by-year exports was explained primarily by an increase in exports to Jordan ($3.2M or 51.4k%), India ($1.67M or 17.3%), and Cameroon ($1.63M or 43.6k%). In December 2024, the increase in Mill Machinery's year-by-year imports was explained primarily by an increase in imports from United States ($92k or 2.21k%), South Korea ($1.38k or 10.3%), and India ($1.11k or 1.39k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$25M(51.9%)
IMPORT GROWTH (December 2023 - December 2024)$629k(162%)
MAIN EXPORTER (December 2024)Anhui Province$19.2M
MAIN DESTINATION (December 2024)India$10.9M

This section shows Mill Machinery'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 Mill Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$694M
IMPORTS (2023)$18.8M
NET TRADE (2023)$675M

In 2023, China exported $694M in Mill Machinery. The main destinations of China exports on Mill Machinery were India ($155M), Nigeria ($48M), Indonesia ($29.9M), Vietnam ($25.4M), and Ethiopia ($23.5M).

In 2023, China imported $18.8M in Mill Machinery, mainly from United States ($3.39M), Spain ($2.45M), Germany ($2.31M), Italy ($1.87M), and Japan ($1.43M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR China WERE (2022 - 2023):
India$24.9M (19.1%)
Mexico$10.9M (102%)
Madagascar$8.58M (391%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY China WERE (2022 - 2023):
Angola-$8.06M (-75.8%)
Democratic Republic of the Congo-$7.36M (-83%)
Thailand-$6.85M (-39%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Mill Machinery were:
Turkey $258M
Italy $209M
In 2023, China's main importing competitors in Mill Machinery were:
India $241M
United States $124M
Nigeria $97.2M

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $19.4M
TOP IMPORT POTENTIALItaly+ $1.51M

Mill Machinery’s highest export potential is India. With an export gap of $19.4M.   Mill Machinery’s highest import potential is Italy with an import gap of $1.51M.

See methodology.

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