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2023
Exports $20.5BWorld Rnk 1 / 223
Flag Rnk 31 / 1215
2023
Destination $327M United States
2022 - 2023
FASTEST GROWING MARKET $327MRussia
2023
PRODUCT COMPLEXITY IN Valves1.34Rnk 71 / 1025
2023
Imports $8BWorld Rnk 2 / 226
Flag Rnk 40 / 1214
2023
Origin $135M Germany
2022 - 2023
FASTEST GROWING ORIGIN $135MSouth Korea
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $20.5B in Valves, making it the 1st largest exporter of Valves in the world. At the same year, Valves was the 31st most exported product in China. The main destination of Valves exports from China are: United States ($3.54B), Russia ($1.37B), Germany ($928M), Mexico ($875M), and Japan ($782M).

The fastest growing export markets for Valves of China between 2022 and 2023 were Russia ($327M), Vietnam ($80M), and United Arab Emirates ($73.1M).

Imports In 2023, China imported $8B in Valves, becoming the 2nd largest importer of Valves in the world. At the same year, Valves was the 40th most imported product in China. China imports Valves primarily from: Germany ($1.67B), Japan ($1.43B), United States ($1B), Italy ($601M), and South Korea ($595M).

The fastest growing import markets in Valves for China between 2022 and 2023 were South Korea ($135M), Malaysia ($30.3M), and Israel ($26.2M).

COMPANIES In 2024, leading companies such as Walmart (275), CrimsonLogic (193), and Victaulic (181) were at the forefront of shipping Valves from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Valves exports accounted up to $2.21B and imports accounted up to $868M, resulting in a positive trade balance of $1.34B. Between December 2023 and December 2024 the exports of China's   Valves have increased by $461M (26.3%) from $1.75B to $2.21B, while imports increased by $139M (19.2%) from $728M to $868M.

Destinations In December 2024, Valves were exported mostly to United States ($410M), Russia ($138M), Germany ($95.8M), South Korea ($69.2M), and United Arab Emirates ($65.1M), and were imported mostly from Germany ($184M), United States ($124M), Japan ($123M), Italy ($70.7M), and South Korea ($58.7M).

Growth In December 2024, the increase in Valves's year-by-year exports was explained primarily by an increase in exports to United States ($25.9M or 6.49%), United Arab Emirates ($19.9M or 40.8%), and Vietnam ($18.8M or 72.4%). In December 2024, the increase in Valves's year-by-year imports was explained primarily by an increase in imports from United States ($17.2M or 19.5%), Germany ($13.6M or 10%), and Malaysia ($13M or 130%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$461M(26.3%)
IMPORT GROWTH (December 2023 - December 2024)$139M(19.2%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States$410M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$20.5B
IMPORTS (2023)$8B
NET TRADE (2023)$12.5B

In 2023, China exported $20.5B in Valves. The main destinations of China exports on Valves were United States ($3.54B), Russia ($1.37B), Germany ($928M), Mexico ($875M), and Japan ($782M).

In 2023, China imported $8B in Valves, mainly from Germany ($1.67B), Japan ($1.43B), United States ($1B), Italy ($601M), and South Korea ($595M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$327M (31.4%)
Vietnam$80M (22.2%)
United Arab Emirates$73.1M (19.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY China WERE (2022 - 2023):
United States-$890M (-20.1%)
Germany-$330M (-26.3%)
Nigeria-$286M (-59.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Valves were:
Germany $14.7B
United States $13.6B
In 2023, China's main importing competitors in Valves were:
United States $16.7B
Germany $7.83B

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $466M
TOP IMPORT POTENTIALUnited States+ $270M

Valves’s highest export potential is India. With an export gap of $466M.   Valves’s highest import potential is United States with an import gap of $270M.

See methodology.

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