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2023
Exports $397MWorld Rnk 3 / 185
Flag Rnk 615 / 1215
2023
Destination $14.2M United States
2022 - 2023
FASTEST GROWING MARKET $14.2MIndia
2023
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts1.07Rnk 155 / 1025
2023
Imports $120MWorld Rnk 6 / 215
Flag Rnk 602 / 1214
2023
Origin $4.08M Germany
2022 - 2023
FASTEST GROWING ORIGIN $4.08MGermany
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $397M in Opto-Electric Instrument Parts, making it the 3rd largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 615th most exported product in China. The main destination of Opto-Electric Instrument Parts exports from China are: United States ($55.8M), Singapore ($51.4M), India ($40.1M), Japan ($25.7M), and Germany ($22.9M).

The fastest growing export markets for Opto-Electric Instrument Parts of China between 2022 and 2023 were India ($14.2M), South Africa ($3.89M), and Switzerland ($3.03M).

Imports In 2023, China imported $120M in Opto-Electric Instrument Parts, becoming the 6th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 602nd most imported product in China. China imports Opto-Electric Instrument Parts primarily from: Germany ($28.7M), Thailand ($21M), United States ($17.3M), Japan ($8.8M), and Chinese Taipei ($5.2M).

The fastest growing import markets in Opto-Electric Instrument Parts for China between 2022 and 2023 were Germany ($4.08M), Norway ($1.2M), and Netherlands ($696k).

COMPANIES In 2024, leading companies such as Robert Bosch (19) were at the forefront of shipping Opto-Electric Instrument Parts from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Opto-Electric Instrument Parts exports accounted up to $23.3M and imports accounted up to $4.6M, resulting in a positive trade balance of $18.7M. Between December 2023 and December 2024 the exports of China's   Opto-Electric Instrument Parts have increased by $4.26M (22.4%) from $19M to $23.3M, while imports increased by $1.4M (43.8%) from $3.2M to $4.6M.

Destinations In December 2024, Opto-Electric Instrument Parts were exported mostly to United States ($6.15M), Russia ($2.88M), Hong Kong ($1.88M), Japan ($1.65M), and Australia ($1.31M), and were imported mostly from Japan ($774k), United States ($567k), United Kingdom ($500k), Chinese Taipei ($376k), and Switzerland ($356k).

Growth In December 2024, the increase in Opto-Electric Instrument Parts's year-by-year exports was explained primarily by an increase in exports to Russia ($1.24M or 299%), Mexico ($974k or 1.64k%), and Thailand ($429k or 99.4%). In December 2024, the increase in Opto-Electric Instrument Parts's year-by-year imports was explained primarily by an increase in imports from Switzerland ($533k or 1.32k%), Malaysia ($237k or 510%), and United States ($210k or 33.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$4.26M(22.4%)
IMPORT GROWTH (December 2023 - December 2024)$1.4M(43.8%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States$6.15M

This section shows Opto-Electric Instrument 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 Opto-Electric Instrument Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$397M
IMPORTS (2023)$120M
NET TRADE (2023)$277M

In 2023, China exported $397M in Opto-Electric Instrument Parts. The main destinations of China exports on Opto-Electric Instrument Parts were United States ($55.8M), Singapore ($51.4M), India ($40.1M), Japan ($25.7M), and Germany ($22.9M).

In 2023, China imported $120M in Opto-Electric Instrument Parts, mainly from Germany ($28.7M), Thailand ($21M), United States ($17.3M), Japan ($8.8M), and Chinese Taipei ($5.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR China WERE (2022 - 2023):
India$14.2M (54.7%)
South Africa$3.89M (264%)
Switzerland$3.03M (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY China WERE (2022 - 2023):
Singapore-$24.1M (-32%)
United States-$23.1M (-29.3%)
Australia-$13.2M (-84%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Opto-Electric Instrument Parts were:
United States $485M
Germany $481M
In 2023, China's main importing competitors in Opto-Electric Instrument Parts were:
United States $276M
Germany $240M
Hong Kong $177M

Explore Visualizations

Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $14.6M
TOP IMPORT POTENTIALIndia+ $6.09M

Opto-Electric Instrument Parts’s highest export potential is India. With an export gap of $14.6M.   Opto-Electric Instrument Parts’s highest import potential is India with an import gap of $6.09M.

See methodology.

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