Water in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $718M in Water, making it the 2nd largest exporter of Water in the world. At the same year, Water was the 514th most exported product in China. The main destination of Water exports from China are: Hong Kong ($618M), South Korea ($50.6M), Macau ($41.7M), Chinese Taipei ($2.48M), and Czechia ($980k).

The fastest growing export markets for Water of China between 2021 and 2022 were South Korea ($15.5M), Hong Kong ($8.45M), and Chinese Taipei ($354k).

Imports In 2022, China imported $121M in Water, becoming the 8th largest importer of Water in the world. At the same year, Water was the 612th most imported product in China. China imports Water primarily from: France ($33.6M), Netherlands ($26.5M), Thailand ($23.3M), Italy ($12.2M), and New Zealand ($6.09M).

The fastest growing import markets in Water for China between 2021 and 2022 were Thailand ($6.11M), Netherlands ($4.08M), and Italy ($1.76M).

COMPANIES In 2023, leading companies such as WALONG MARKETING INC. (1) and BASS PRO LLC (1) were at the forefront of shipping Water from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Water exports accounted up to $69.1M and imports accounted up to $11.5M, resulting in a positive trade balance of $57.5M. Between March 2023 and March 2024 the exports of China's Water have increased by $1.43M (2.12%) from $67.6M to $69.1M, while imports increased by $3.88M (50.7%) from $7.66M to $11.5M.

Destinations In March 2024, Water were exported mostly to Hong Kong ($60M), South Korea ($4.9M), Macau ($3.78M), Chinese Taipei ($184k), and Laos ($50.3k), and were imported mostly from France ($4.92M), Thailand ($2.91M), Italy ($1.5M), New Zealand ($689k), and Norway ($420k).

Growth In March 2024, the increase in Water's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($296k or 130%), Cambodia ($120k or 173%), and United States ($147 or 193%). In March 2024, the increase in Water's year-by-year imports was explained primarily by an increase in imports from Norway ($350k or 507%), Italy ($334k or 36.2%), and Australia ($218k or 770%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$1.43M(2.12%)

IMPORT GROWTH (March 2023 - March 2024)$3.88M(50.7%)

MAIN EXPORTER (March 2024)Guangdong Province$64.1M

MAIN DESTINATION (March 2024)Hong Kong$60M

This section shows Water'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 Water over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$718M

IMPORTS (2022)$121M

NET TRADE (2022)$597M

In 2022, China exported $718M in Water. The main destinations of China exports on Water were Hong Kong ($618M), South Korea ($50.6M), Macau ($41.7M), Chinese Taipei ($2.48M), and Czechia ($980k).

In 2022, China imported $121M in Water, mainly from France ($33.6M), Netherlands ($26.5M), Thailand ($23.3M), Italy ($12.2M), and New Zealand ($6.09M).

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