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2022
Exports $2.92BWorld Rnk 1 / 197
Flag Rnk 236 / 1216
2022
Destination $27.5M United States
2021 - 2022
FASTEST GROWING MARKET $27.5MIndonesia
2022
PRODUCT COMPLEXITY IN Pulley Systems0.82Rnk 238 / 1025
2022
Imports $229MWorld Rnk 6 / 218
Flag Rnk 489 / 1212
2022
Origin $9.6M Japan
2021 - 2022
FASTEST GROWING ORIGIN $9.6MNorway
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.92B in Pulley Systems, making it the 1st largest exporter of Pulley Systems in the world. At the same year, Pulley Systems was the 236th most exported product in China. The main destination of Pulley Systems exports from China are: United States ($922M), Australia ($126M), Germany ($126M), Russia ($116M), and Canada ($115M).

The fastest growing export markets for Pulley Systems of China between 2021 and 2022 were Indonesia ($27.5M), Vietnam ($18.2M), and India ($11.4M).

Imports In 2022, China imported $229M in Pulley Systems, becoming the 6th largest importer of Pulley Systems in the world. At the same year, Pulley Systems was the 489th most imported product in China. China imports Pulley Systems primarily from: Japan ($42.1M), Germany ($36.1M), Finland ($29.6M), Italy ($17.3M), and South Korea ($14.5M).

The fastest growing import markets in Pulley Systems for China between 2021 and 2022 were Norway ($9.6M), Finland ($9.41M), and South Korea ($5.25M).

COMPANIES In 2023, leading companies such as Robert Bosch (25), CNH Industrial (20), and Walmart (6) were at the forefront of shipping Pulley Systems from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Pulley Systems exports accounted up to $264M and imports accounted up to $21.2M, resulting in a positive trade balance of $242M. Between November 2023 and November 2024 the exports of China's   Pulley Systems have increased by $35.5M (15.6%) from $228M to $264M, while imports increased by $5.63M (36.1%) from $15.6M to $21.2M.

Destinations In November 2024, Pulley Systems were exported mostly to United States ($71.6M), Russia ($21.7M), Germany ($9.08M), Vietnam ($8.71M), and Indonesia ($8.57M), and were imported mostly from Germany ($3.93M), Japan ($3.22M), Italy ($2.39M), South Korea ($2.07M), and Singapore ($1.47M).

Growth In November 2024, the increase in Pulley Systems's year-by-year exports was explained primarily by an increase in exports to Turkey ($1.76M or 85.4%), Saudi Arabia ($1.37M or 106%), and Mexico ($1.16M or 25.9%). In November 2024, the increase in Pulley Systems's year-by-year imports was explained primarily by an increase in imports from Italy ($3.83M or 194%), Sweden ($426k or 87.5%), and Canada ($272k or 202%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$35.5M(15.6%)
IMPORT GROWTH (November 2023 - November 2024)$5.63M(36.1%)
MAIN EXPORTER (November 2024)Zhejiang Province$103M
MAIN DESTINATION (November 2024)United States$71.6M

This section shows Pulley Systems'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 Pulley Systems over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.92B
IMPORTS (2022)$229M
NET TRADE (2022)$2.69B

In 2022, China exported $2.92B in Pulley Systems. The main destinations of China exports on Pulley Systems were United States ($922M), Australia ($126M), Germany ($126M), Russia ($116M), and Canada ($115M).

In 2022, China imported $229M in Pulley Systems, mainly from Japan ($42.1M), Germany ($36.1M), Finland ($29.6M), Italy ($17.3M), and South Korea ($14.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pulley Systems EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$27.5M (58.7%)
Vietnam$18.2M (28.5%)
India$11.4M (27.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pulley Systems BY China WERE (2021 - 2022):
Germany-$76M (-37.7%)
Poland-$9.63M (-14.6%)
Russia-$8.26M (-6.62%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Pulley Systems were:
Germany $815M
Italy $566M
In 2022, China's main importing competitors in Pulley Systems were:
United States $1.67B
Germany $518M
Canada $442M

Explore Visualizations

Trade Value of Pulley Systems by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $32.8M
TOP IMPORT POTENTIALGermany+ $9.51M

Pulley Systems’s highest export potential is Russia. With an export gap of $32.8M.   Pulley Systems’s highest import potential is Germany with an import gap of $9.51M.

See methodology.

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