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2023
Exports $6.46BWorld Rnk 3 / 214
Flag Rnk 97 / 1215
2023
Destination $268M Hong Kong
2022 - 2023
FASTEST GROWING MARKET $268MRussia
2023
PRODUCT COMPLEXITY IN Other Measuring Instruments1.75Rnk 17 / 1025
2023
Imports $10.5BWorld Rnk 1 / 224
Flag Rnk 30 / 1214
2023
Origin $386M Germany
2022 - 2023
FASTEST GROWING ORIGIN $386MMalaysia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $6.46B in Other Measuring Instruments, making it the 3rd largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 97th most exported product in China. The main destination of Other Measuring Instruments exports from China are: Hong Kong ($602M), Japan ($551M), Russia ($508M), United States ($482M), and Vietnam ($464M).

The fastest growing export markets for Other Measuring Instruments of China between 2022 and 2023 were Russia ($268M), Japan ($122M), and Vietnam ($122M).

Imports In 2023, China imported $10.5B in Other Measuring Instruments, becoming the 1st largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 30th most imported product in China. China imports Other Measuring Instruments primarily from: Germany ($1.79B), United States ($1.43B), Singapore ($1.29B), Japan ($1.27B), and South Korea ($929M).

The fastest growing import markets in Other Measuring Instruments for China between 2022 and 2023 were Malaysia ($386M), Singapore ($363M), and United States ($291M).

COMPANIES In 2024, leading companies such as Motorola (28), CrimsonLogic (20), and Stanley Black & Decker (8) were at the forefront of shipping Other Measuring Instruments from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Other Measuring Instruments exports accounted up to $754M and imports accounted up to $1.76B, resulting in a negative trade balance of $1.01B. Between December 2023 and December 2024 the exports of China's   Other Measuring Instruments have increased by $102M (15.6%) from $652M to $754M, while imports increased by $198M (12.7%) from $1.57B to $1.76B.

Destinations In December 2024, Other Measuring Instruments were exported mostly to United States ($94.3M), Vietnam ($67.9M), Russia ($57.4M), Hong Kong ($48.7M), and Japan ($40.3M), and were imported mostly from United States ($361M), Japan ($261M), Germany ($202M), Israel ($170M), and Singapore ($130M).

Growth In December 2024, the increase in Other Measuring Instruments's year-by-year exports was explained primarily by an increase in exports to Vietnam ($19.9M or 97.9%), India ($17.4M or 85.4%), and Malaysia ($7.77M or 52.5%). In December 2024, the increase in Other Measuring Instruments's year-by-year imports was explained primarily by an increase in imports from United States ($105M or 94.3%), Chinese Taipei ($48.6M or 112%), and Japan ($40.5M or 33.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$102M(15.6%)
IMPORT GROWTH (December 2023 - December 2024)$198M(12.7%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States$94.3M

This section shows Other Measuring Instruments'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 Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.46B
IMPORTS (2023)$10.5B
NET TRADE (2023)-$4.05B

In 2023, China exported $6.46B in Other Measuring Instruments. The main destinations of China exports on Other Measuring Instruments were Hong Kong ($602M), Japan ($551M), Russia ($508M), United States ($482M), and Vietnam ($464M).

In 2023, China imported $10.5B in Other Measuring Instruments, mainly from Germany ($1.79B), United States ($1.43B), Singapore ($1.29B), Japan ($1.27B), and South Korea ($929M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$268M (112%)
Japan$122M (28.4%)
Vietnam$122M (35.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY China WERE (2022 - 2023):
Chinese Taipei-$121M (-44.8%)
South Korea-$112M (-21%)
Malaysia-$83.1M (-37.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Other Measuring Instruments were:
Germany $8.9B
United States $7.56B
In 2023, China's main importing competitors in Other Measuring Instruments were:
United States $6.9B
Germany $3.9B

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $202M
TOP IMPORT POTENTIALJapan+ $238M

Other Measuring Instruments’s highest export potential is United States. With an export gap of $202M.   Other Measuring Instruments’s highest import potential is Japan with an import gap of $238M.

See methodology.

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