2022
Exports
$34.3BWorld Rnk 1 / 218
Flag Rnk 16 / 1216
2022
PRODUCT COMPLEXITY IN Seats
0.0071Rnk 545 / 1025
2022
Imports
$1.1BWorld Rnk 19 / 224
Flag Rnk 206 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $34.3B in Seats, making it the 1st largest exporter of Seats in the world. At the same year, Seats was the 16th most exported product in China. The main destination of Seats exports from China are: United States ($10.4B), Japan ($1.95B), South Korea ($1.67B), United Kingdom ($1.66B), and Germany ($1.55B).

The fastest growing export markets for Seats of China between 2021 and 2022 were Singapore ($116M), India ($92.5M), and Vietnam ($50.7M).

Imports In 2022, China imported $1.1B in Seats, becoming the 19th largest importer of Seats in the world. At the same year, Seats was the 206th most imported product in China. China imports Seats primarily from: South Korea ($220M), Italy ($213M), Japan ($118M), Germany ($108M), and United States ($80.2M).

The fastest growing import markets in Seats for China between 2021 and 2022 were Norway ($4.26M), Ireland ($2.89M), and Philippines ($2.83M).

COMPANIES In 2023, leading companies such as IKEA Group (2.82k), The Brick (2.17k), and Tmall (1.86k) were at the forefront of shipping Seats from China to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-83.9M(-3.56%)
IMPORT GROWTH (August 2023 - August 2024)$-5.02M(-6.33%)
MAIN EXPORTER (August 2024)Zhejiang Province$1.19B
MAIN DESTINATION (August 2024)United States$601M

This section shows Seats'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 Seats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$34.3B
IMPORTS (2022)$1.1B
NET TRADE (2022)$33.2B

In 2022, China exported $34.3B in Seats. The main destinations of China exports on Seats were United States ($10.4B), Japan ($1.95B), South Korea ($1.67B), United Kingdom ($1.66B), and Germany ($1.55B).

In 2022, China imported $1.1B in Seats, mainly from South Korea ($220M), Italy ($213M), Japan ($118M), Germany ($108M), and United States ($80.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seats EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$116M (40.9%)
India$92.5M (22%)
Vietnam$50.7M (9.47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seats BY China WERE (2021 - 2022):
Germany-$452M (-22.6%)
United Kingdom-$375M (-18.4%)
United States-$298M (-2.77%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Seats were:
Poland $6.67B
Vietnam $4.84B
In 2022, China's main importing competitors in Seats were:

Explore Visualizations

Trade Value of Seats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $411M
TOP IMPORT POTENTIALVietnam+ $57.6M

Seats’s highest export potential is Germany. With an export gap of $411M.   Seats’s highest import potential is Vietnam with an import gap of $57.6M.

See methodology.

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