2023
Exports
$18.1BWorld Rnk 1 / 121
Flag Rnk 36 / 1215
2023
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.44Rnk 679 / 1025
2023
Imports
$206MWorld Rnk 39 / 183
Flag Rnk 495 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $18.1B in Passenger and Cargo Ships, making it the 1st largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 36th most exported product in China. The main destination of Passenger and Cargo Ships exports from China are: Liberia ($5.22B), Singapore ($5.11B), Marshall Islands ($1.85B), Japan ($733M), and Malta ($532M).

The fastest growing export markets for Passenger and Cargo Ships of China between 2022 and 2023 were Singapore ($3.55B), Liberia ($2.15B), and Japan ($717M).

Imports In 2023, China imported $206M in Passenger and Cargo Ships, becoming the 39th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 495th most imported product in China. China imports Passenger and Cargo Ships primarily from: Chinese Taipei ($109M), Germany ($38M), Hong Kong ($24.5M), United Arab Emirates ($16.8M), and Turkey ($7.5M).

The fastest growing import markets in Passenger and Cargo Ships for China between 2022 and 2023 were Chinese Taipei ($109M), Germany ($35.7M), and United Arab Emirates ($14.7M).

COMPANIES In 2024, leading companies such as Walmart (10), Xerox (9), and Hongkong Xin Jie Technology (7) were at the forefront of shipping Passenger and Cargo Ships from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$287M(9.31%)
IMPORT GROWTH (August 2022 - May 2024)$-28.3M(-87.6%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Liberia$1.12B

This section shows Passenger and Cargo Ships'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 Passenger and Cargo Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$18.1B
IMPORTS (2023)$206M
NET TRADE (2023)$17.9B

In 2023, China exported $18.1B in Passenger and Cargo Ships. The main destinations of China exports on Passenger and Cargo Ships were Liberia ($5.22B), Singapore ($5.11B), Marshall Islands ($1.85B), Japan ($733M), and Malta ($532M).

In 2023, China imported $206M in Passenger and Cargo Ships, mainly from Chinese Taipei ($109M), Germany ($38M), Hong Kong ($24.5M), United Arab Emirates ($16.8M), and Turkey ($7.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR China WERE (2022 - 2023):
Singapore$3.55B (228%)
Liberia$2.15B (69.8%)
Japan$717M (4.36k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY China WERE (2022 - 2023):
Panama-$1.46B (-83.2%)
Cyprus-$545M (-79.7%)
Denmark-$378M (-97.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Passenger and Cargo Ships were:
Japan $9.72B
Germany $3.54B
In 2023, China's main importing competitors in Passenger and Cargo Ships were:

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $82.7M
TOP IMPORT POTENTIALSouth Korea+ $56.1M

Passenger and Cargo Ships’s highest export potential is Germany. With an export gap of $82.7M.   Passenger and Cargo Ships’s highest import potential is South Korea with an import gap of $56.1M.

See methodology.

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