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2023
Exports $2.14BWorld Rnk 1 / 171
Flag Rnk 260 / 1215
2023
Destination $42.6M United States
2022 - 2023
FASTEST GROWING MARKET $42.6MRussia
2023
PRODUCT COMPLEXITY IN Sound Recording Equipment0.41Rnk 405 / 1025
2023
Imports $39.2MWorld Rnk 20 / 209
Flag Rnk 810 / 1214
2023
Origin $2.37M Malaysia
2022 - 2023
FASTEST GROWING ORIGIN $2.37MHong Kong
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.14B in Sound Recording Equipment, making it the 1st largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 260th most exported product in China. The main destination of Sound Recording Equipment exports from China are: United States ($749M), Germany ($240M), Netherlands ($151M), United Kingdom ($116M), and Japan ($71.4M).

The fastest growing export markets for Sound Recording Equipment of China between 2022 and 2023 were Russia ($42.6M), Hong Kong ($35.6M), and Brazil ($21.3M).

Imports In 2023, China imported $39.2M in Sound Recording Equipment, becoming the 20th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 810th most imported product in China. China imports Sound Recording Equipment primarily from: Malaysia ($6.52M), Vietnam ($4.2M), United States ($3.71M), South Korea ($3.34M), and Japan ($2.96M).

The fastest growing import markets in Sound Recording Equipment for China between 2022 and 2023 were Hong Kong ($2.37M), South Korea ($1.2M), and United Kingdom ($798k).

COMPANIES In 2024, leading companies such as CrimsonLogic (312), Apex Tool Group (57), and NCL USA E-Commerce (36) were at the forefront of shipping Sound Recording Equipment from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Sound Recording Equipment exports accounted up to $127M and imports accounted up to $6.76M, resulting in a positive trade balance of $121M. Between December 2023 and December 2024 the exports of China's   Sound Recording Equipment have decreased by $-11.3M (-8.16%) from $139M to $127M, while imports increased by $2.02M (42.7%) from $4.74M to $6.76M.

Destinations In December 2024, Sound Recording Equipment were exported mostly to United States ($41.1M), Netherlands ($11.4M), Japan ($6.67M), Germany ($6.66M), and United Kingdom ($5.99M), and were imported mostly from Vietnam ($3.7M), China ($1.26M), Japan ($371k), South Korea ($286k), and United States ($242k).

Growth In December 2024, the decrease in Sound Recording Equipment's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-7.86M or -63.5%), Japan ($-3.81M or -43.9%), and United States ($-2.49M or -6.78%). In December 2024, the increase in Sound Recording Equipment's year-by-year imports was explained primarily by an increase in imports from Malaysia ($685k or 280%), Japan ($154k or 63.4%), and South Korea ($134k or 142%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-11.3M(-8.16%)
IMPORT GROWTH (December 2023 - December 2024)$2.02M(42.7%)
MAIN EXPORTER (December 2024)Guangdong Province$105M
MAIN DESTINATION (December 2024)United States$41.1M

This section shows Sound Recording Equipment'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 Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.14B
IMPORTS (2023)$39.2M
NET TRADE (2023)$2.1B

In 2023, China exported $2.14B in Sound Recording Equipment. The main destinations of China exports on Sound Recording Equipment were United States ($749M), Germany ($240M), Netherlands ($151M), United Kingdom ($116M), and Japan ($71.4M).

In 2023, China imported $39.2M in Sound Recording Equipment, mainly from Malaysia ($6.52M), Vietnam ($4.2M), United States ($3.71M), South Korea ($3.34M), and Japan ($2.96M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$42.6M (306%)
Hong Kong$35.6M (114%)
Brazil$21.3M (800%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY China WERE (2022 - 2023):
United States-$141M (-15.9%)
Netherlands-$98.5M (-39.5%)
Germany-$55.6M (-18.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Sound Recording Equipment were:
Vietnam $402M
Netherlands $211M
In 2023, China's main importing competitors in Sound Recording Equipment were:
United States $1.01B
Germany $388M
Netherlands $243M

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $14.4M
TOP IMPORT POTENTIALVietnam+ $5.99M

Sound Recording Equipment’s highest export potential is Hong Kong. With an export gap of $14.4M.   Sound Recording Equipment’s highest import potential is Vietnam with an import gap of $5.99M.

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