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2022
Exports $8.12BWorld Rnk 1 / 209
Flag Rnk 87 / 1216
2022
Destination $229M United States
2021 - 2022
FASTEST GROWING MARKET $229MCanada
2022
PRODUCT COMPLEXITY IN Other Heating Machinery1.15Rnk 116 / 1025
2022
Imports $2.56BWorld Rnk 3 / 225
Flag Rnk 125 / 1212
2022
Origin $73.5M Germany
2021 - 2022
FASTEST GROWING ORIGIN $73.5MBrazil
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $8.12B in Other Heating Machinery, making it the 1st largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 87th most exported product in China. The main destination of Other Heating Machinery exports from China are: United States ($975M), Indonesia ($546M), Mexico ($452M), Japan ($417M), and India ($363M).

The fastest growing export markets for Other Heating Machinery of China between 2021 and 2022 were Canada ($229M), Indonesia ($133M), and Mexico ($104M).

Imports In 2022, China imported $2.56B in Other Heating Machinery, becoming the 3rd largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 125th most imported product in China. China imports Other Heating Machinery primarily from: Germany ($463M), Japan ($351M), South Korea ($295M), United States ($224M), and Switzerland ($210M).

The fastest growing import markets in Other Heating Machinery for China between 2021 and 2022 were Brazil ($73.5M), Switzerland ($64.3M), and United Arab Emirates ($29.2M).

COMPANIES In 2023, leading companies such as Medical Depot (2.13k), CrimsonLogic (72), and Stanley Black & Decker (50) were at the forefront of shipping Other Heating Machinery from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Other Heating Machinery exports accounted up to $762M and imports accounted up to $295M, resulting in a positive trade balance of $466M. Between August 2023 and August 2024 the exports of China's   Other Heating Machinery have increased by $67.8M (9.77%) from $694M to $762M, while imports decreased by $-104M (-26%) from $399M to $295M.

Destinations In August 2024, Other Heating Machinery were exported mostly to United States ($101M), Indonesia ($64.4M), Russia ($46.2M), India ($37.7M), and Chinese Taipei ($28.5M), and were imported mostly from Russia ($45.7M), Germany ($42.4M), South Korea ($29.5M), Japan ($29M), and United States ($27.5M).

Growth In August 2024, the increase in Other Heating Machinery's year-by-year exports was explained primarily by an increase in exports to India ($18.1M or 56.1%), United States ($15.6M or 20.2%), and Turkey ($15.4M or 372%). In August 2024, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-34.1M or -91.5%), Italy ($-15.2M or -49.9%), and India ($-14.2M or -97.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$67.8M(9.77%)
IMPORT GROWTH (August 2023 - August 2024)$-104M(-26%)
MAIN EXPORTER (August 2024)Jiangsu Province$208M
MAIN DESTINATION (August 2024)United States$101M

This section shows Other Heating 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 Other Heating Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.12B
IMPORTS (2022)$2.56B
NET TRADE (2022)$5.56B

In 2022, China exported $8.12B in Other Heating Machinery. The main destinations of China exports on Other Heating Machinery were United States ($975M), Indonesia ($546M), Mexico ($452M), Japan ($417M), and India ($363M).

In 2022, China imported $2.56B in Other Heating Machinery, mainly from Germany ($463M), Japan ($351M), South Korea ($295M), United States ($224M), and Switzerland ($210M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR China WERE (2021 - 2022):
Canada$229M (261%)
Indonesia$133M (32.2%)
Mexico$104M (29.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY China WERE (2021 - 2022):
Russia-$445M (-63.7%)
Netherlands-$67.8M (-33.3%)
Chinese Taipei-$57.8M (-25.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Heating Machinery were:
Germany $5.79B
United States $4.51B
In 2022, China's main importing competitors in Other Heating Machinery were:
United States $7.45B
Germany $3.38B

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $278M
TOP IMPORT POTENTIALGermany+ $106M

Other Heating Machinery’s highest export potential is United States. With an export gap of $278M.   Other Heating Machinery’s highest import potential is Germany with an import gap of $106M.

See methodology.

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