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2023
Exports $89BWorld Rnk 1 / 222
Flag Rnk 4 / 1215
2023
Destination $555M United States
2022 - 2023
FASTEST GROWING MARKET $555MRussia
2023
PRODUCT COMPLEXITY IN Office Machine Parts1.14Rnk 125 / 1025
2023
Imports $23.4BWorld Rnk 2 / 226
Flag Rnk 15 / 1214
2023
Origin $545M South Korea
2022 - 2023
FASTEST GROWING ORIGIN $545MVietnam
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $89B in Office Machine Parts, making it the 1st largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 4th most exported product in China. The main destination of Office Machine Parts exports from China are: United States ($14.3B), Hong Kong ($13.5B), Germany ($5.81B), Mexico ($5.55B), and Japan ($4.28B).

The fastest growing export markets for Office Machine Parts of China between 2022 and 2023 were Russia ($555M), India ($433M), and Israel ($165M).

Imports In 2023, China imported $23.4B in Office Machine Parts, becoming the 2nd largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 15th most imported product in China. China imports Office Machine Parts primarily from: South Korea ($5.03B), Chinese Taipei ($4.38B), Thailand ($4.21B), Vietnam ($4.11B), and Malaysia ($1.8B).

The fastest growing import markets in Office Machine Parts for China between 2022 and 2023 were Vietnam ($545M), France ($57.7M), and Czechia ($33.9M).

COMPANIES In 2024, leading companies such as Lenovo (258), Cloud Network Technology (249), and Wistron (85) were at the forefront of shipping Office Machine Parts from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Office Machine Parts exports accounted up to $3.3B and imports accounted up to $2.25B, resulting in a positive trade balance of $1.06B. Between December 2023 and December 2024 the exports of China's   Office Machine Parts have increased by $247M (8.09%) from $3.06B to $3.3B, while imports increased by $483M (27.4%) from $1.76B to $2.25B.

Destinations In December 2024, Office Machine Parts were exported mostly to Hong Kong ($841M), South Korea ($382M), United States ($356M), Vietnam ($242M), and Chinese Taipei ($188M), and were imported mostly from Vietnam ($661M), China ($528M), South Korea ($522M), Chinese Taipei ($285M), and Philippines ($110M).

Growth In December 2024, the increase in Office Machine Parts's year-by-year exports was explained primarily by an increase in exports to Vietnam ($89M or 91.7%), South Korea ($51.3M or 115%), and Chinese Taipei ($48.5M or 34%). In December 2024, the increase in Office Machine Parts's year-by-year imports was explained primarily by an increase in imports from Vietnam ($218M or 193%), Chinese Taipei ($75.4M or 43.8%), and China ($65.9M or 23%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$247M(8.09%)
IMPORT GROWTH (December 2023 - December 2024)$483M(27.4%)
MAIN EXPORTER (December 2024)Guangdong Province$1.32B
MAIN DESTINATION (December 2024)Hong Kong$841M

This section shows Office Machine 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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$89B
IMPORTS (2023)$23.4B
NET TRADE (2023)$65.6B

In 2023, China exported $89B in Office Machine Parts. The main destinations of China exports on Office Machine Parts were United States ($14.3B), Hong Kong ($13.5B), Germany ($5.81B), Mexico ($5.55B), and Japan ($4.28B).

In 2023, China imported $23.4B in Office Machine Parts, mainly from South Korea ($5.03B), Chinese Taipei ($4.38B), Thailand ($4.21B), Vietnam ($4.11B), and Malaysia ($1.8B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$555M (50.3%)
India$433M (19%)
Israel$165M (437%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY China WERE (2022 - 2023):
United States-$4.19B (-22.7%)
Hong Kong-$3.3B (-19.6%)
Mexico-$1.93B (-25.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Office Machine Parts were:
Chinese Taipei $29.8B
Thailand $21.4B
In 2023, China's main importing competitors in Office Machine Parts were:
United States $54.7B
Hong Kong $23B

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $891M
TOP IMPORT POTENTIALVietnam+ $1.14B

Office Machine Parts’s highest export potential is India. With an export gap of $891M.   Office Machine Parts’s highest import potential is Vietnam with an import gap of $1.14B.

See methodology.

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