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2022
Exports $2.11BWorld Rnk 2 / 159
Flag Rnk 288 / 1216
2022
Destination $246M Russia
2021 - 2022
FASTEST GROWING MARKET $246MRussia
2022
PRODUCT COMPLEXITY IN Special purpose motor vehicles0.29Rnk 457 / 1025
2022
Imports $87MWorld Rnk 40 / 220
Flag Rnk 679 / 1212
2022
Origin $5.85M United States
2021 - 2022
FASTEST GROWING ORIGIN $5.85MThailand
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.11B in Special purpose motor vehicles, making it the 2nd largest exporter of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 288th most exported product in China. The main destination of Special purpose motor vehicles exports from China are: Russia ($348M), Vietnam ($151M), India ($132M), Brazil ($119M), and Saudi Arabia ($109M).

The fastest growing export markets for Special purpose motor vehicles of China between 2021 and 2022 were Russia ($246M), Saudi Arabia ($75M), and India ($60.2M).

Imports In 2022, China imported $87M in Special purpose motor vehicles, becoming the 40th largest importer of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 679th most imported product in China. China imports Special purpose motor vehicles primarily from: United States ($21.6M), Germany ($10.6M), Austria ($9.27M), Finland ($5.88M), and Thailand ($5.85M).

The fastest growing import markets in Special purpose motor vehicles for China between 2021 and 2022 were Thailand ($5.85M), Hong Kong ($3.87M), and Belgium ($3.22M).

COMPANIES In 2023, leading companies such as General Motors (192), CrimsonLogic (81), and Yaheetech (79) were at the forefront of shipping Special purpose motor vehicles from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Special purpose motor vehicles exports accounted up to $327M and imports accounted up to $3.66M, resulting in a positive trade balance of $323M. Between September 2023 and September 2024 the exports of China's   Special purpose motor vehicles have increased by $98.4M (43%) from $229M to $327M, while imports decreased by $-2.17M (-37.2%) from $5.83M to $3.66M.

Destinations In September 2024, Special purpose motor vehicles were exported mostly to Russia ($94.1M), Saudi Arabia ($29.8M), United Arab Emirates ($14.2M), Brazil ($13.8M), and Mexico ($12.2M), and were imported mostly from Germany ($2.05M), United States ($1.55M), Italy ($36.2k), and United Kingdom ($17.7k).

Growth In September 2024, the increase in Special purpose motor vehicles's year-by-year exports was explained primarily by an increase in exports to Russia ($26.6M or 285%), Saudi Arabia ($14.2M or 184%), and India ($12M or 198%). In September 2024, the decrease in Special purpose motor vehicles's year-by-year imports was explained primarily by a decrease in imports from Germany ($-1.4M or -41.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$98.4M(43%)
IMPORT GROWTH (September 2023 - September 2024)$-2.17M(-37.2%)
MAIN EXPORTER (September 2024)Hunan Province$161M
MAIN DESTINATION (September 2024)Russia$94.1M

This section shows Special purpose motor vehicles'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 Special purpose motor vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.11B
IMPORTS (2022)$87M
NET TRADE (2022)$2.02B

In 2022, China exported $2.11B in Special purpose motor vehicles. The main destinations of China exports on Special purpose motor vehicles were Russia ($348M), Vietnam ($151M), India ($132M), Brazil ($119M), and Saudi Arabia ($109M).

In 2022, China imported $87M in Special purpose motor vehicles, mainly from United States ($21.6M), Germany ($10.6M), Austria ($9.27M), Finland ($5.88M), and Thailand ($5.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special purpose motor vehicles EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$246M (241%)
Saudi Arabia$75M (220%)
India$60.2M (84.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special purpose motor vehicles BY China WERE (2021 - 2022):
Vietnam-$30.1M (-16.6%)
Kazakhstan-$11.2M (-13.5%)
Turkmenistan-$7.28M (-72.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Special purpose motor vehicles were:
Germany $3.89B
United States $1.52B
In 2022, China's main importing competitors in Special purpose motor vehicles were:
United States $1.05B
Canada $892M
France $627M

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Trade Value of Special purpose motor vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $48.3M
TOP IMPORT POTENTIALGermany+ $10.2M

Special purpose motor vehicles’s highest export potential is India. With an export gap of $48.3M.   Special purpose motor vehicles’s highest import potential is Germany with an import gap of $10.2M.

See methodology.

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