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2022
Exports | Imports $168M | $5.22MWorld Rnk 1 / 140
Flag Rnk 802 / 1216
World Rnk 19 / 211
Flag Rnk 1071 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $6.63M | $689kSingapore |  United Arab Emirates
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124

About

Exports In 2022, China exported $168M in Time Recording Instruments, making it the 1st largest exporter of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 802nd most exported product in China. The main destination of Time Recording Instruments exports from China are: United States ($30.6M), Japan ($22.1M), Hong Kong ($12.6M), Malaysia ($10M), and Singapore ($8.84M).

The fastest growing export markets for Time Recording Instruments of China between 2021 and 2022 were Singapore ($6.63M), United States ($4.64M), and Netherlands ($1.54M).

Imports In 2022, China imported $5.22M in Time Recording Instruments, becoming the 19th largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 1071st most imported product in China. China imports Time Recording Instruments primarily from: United Arab Emirates ($2.57M), Netherlands ($462k), China ($426k), South Korea ($379k), and United States ($277k).

The fastest growing import markets in Time Recording Instruments for China between 2021 and 2022 were United Arab Emirates ($689k), Norway ($126k), and Vietnam ($56.2k).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (522), WAL-MART INC. (201), and AMAZON SERVICES LLC (116) were at the forefront of shipping Time Recording Instruments from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Time Recording Instruments exports accounted up to $9.36M and imports accounted up to $298k, resulting in a positive trade balance of $9.07M. Between February 2023 and February 2024 the exports of China's   Time Recording Instruments have decreased by $-1.31M (-12.2%) from $10.7M to $9.36M, while imports decreased by $-166k (-35.8%) from $463k to $298k.

Destinations In February 2024, Time Recording Instruments were exported mostly to United States ($2.01M), Singapore ($980k), Malaysia ($826k), Japan ($684k), and Germany ($635k), and were imported mostly from Philippines ($89.6k), Germany ($44.6k), United States ($37.5k), China ($28.9k), and Bangladesh ($23.6k).

Growth In February 2024, the decrease in Time Recording Instruments's year-by-year exports was explained primarily by a decrease in exports to United States ($-1.67M or -37.5%), Hong Kong ($-1.33M or -81.5%), and South Korea ($-991k or -68.7%). In February 2024, the decrease in Time Recording Instruments's year-by-year imports was explained primarily by a decrease in imports from United States ($-43.4k or -71.8%), China ($-26.6k or -71.1%), and United Kingdom ($-8.8k or -97%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-1.31M(-12.2%)
IMPORT GROWTH (February 2023 - February 2024)$-166k(-35.8%)
MAIN EXPORTER (February 2024)Guangdong Province$5.84M
MAIN DESTINATION (February 2024)United States$2.01M

This section shows Time Recording Instruments'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 Time Recording Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$168M
IMPORTS (2022)$5.22M
NET TRADE (2022)$163M

In 2022, China exported $168M in Time Recording Instruments. The main destinations of China exports on Time Recording Instruments were United States ($30.6M), Japan ($22.1M), Hong Kong ($12.6M), Malaysia ($10M), and Singapore ($8.84M).

In 2022, China imported $5.22M in Time Recording Instruments, mainly from United Arab Emirates ($2.57M), Netherlands ($462k), China ($426k), South Korea ($379k), and United States ($277k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Recording Instruments EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$6.63M (300%)
United States$4.64M (17.9%)
Netherlands$1.54M (34.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Recording Instruments BY China WERE (2021 - 2022):
Malaysia-$2.25M (-18.3%)
Vietnam-$1.77M (-53.1%)
South Korea-$1.59M (-17.7%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Time Recording Instruments were:
France $41.2M
United States $24.5M
In 2022, China's main importing competitors in Time Recording Instruments were:
United States $54.5M
Germany $34.3M
Japan $34M

Explore Visualizations

Trade Value of Time Recording Instruments by Exporters

Keep Exploring

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