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2022
Exports $3.22BWorld Rnk 1 / 200
Flag Rnk 214 / 1216
2022
Destination $75M United States
2021 - 2022
FASTEST GROWING MARKET $75MUnited States
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $1.5BWorld Rnk 3 / 220
Flag Rnk 170 / 1212
2022
Origin $510M Hungary
2021 - 2022
FASTEST GROWING ORIGIN $510MHungary
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.22B in Navigation Equipment, making it the 1st largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 214th most exported product in China. The main destination of Navigation Equipment exports from China are: United States ($752M), Japan ($355M), Germany ($220M), Hong Kong ($189M), and Netherlands ($117M).

The fastest growing export markets for Navigation Equipment of China between 2021 and 2022 were United States ($75M), Japan ($60.9M), and Malaysia ($42.4M).

Imports In 2022, China imported $1.5B in Navigation Equipment, becoming the 3rd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 170th most imported product in China. China imports Navigation Equipment primarily from: Hungary ($535M), Germany ($275M), Japan ($196M), United States ($78.8M), and Singapore ($69.2M).

The fastest growing import markets in Navigation Equipment for China between 2021 and 2022 were Hungary ($510M), Vietnam ($35M), and Russia ($22.9M).

COMPANIES In 2023, leading companies such as HONGKONG XIN JIE TECHNOLOGY LTD (193), GLOBAL ETRADE SERVICES INC (96), and HP INC (49) were at the forefront of shipping Navigation Equipment from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Navigation Equipment exports accounted up to $235M and imports accounted up to $189M, resulting in a positive trade balance of $46M. Between March 2023 and March 2024 the exports of China's   Navigation Equipment have decreased by $-25.1M (-9.66%) from $260M to $235M, while imports decreased by $-6.11M (-3.13%) from $195M to $189M.

Destinations In March 2024, Navigation Equipment were exported mostly to Japan ($26.3M), United States ($25.5M), Hong Kong ($21.4M), Germany ($19.9M), and Singapore ($10.3M), and were imported mostly from Hungary ($50.9M), Portugal ($43.1M), Mexico ($20.2M), Japan ($16.8M), and United States ($11.2M).

Growth In March 2024, the decrease in Navigation Equipment's year-by-year exports was explained primarily by a decrease in exports to United States ($-12M or -23.2%), Hong Kong ($-7.19M or -33.6%), and Japan ($-5.99M or -18.4%). In March 2024, the decrease in Navigation Equipment's year-by-year imports was explained primarily by a decrease in imports from Japan ($-7.4M or -38.4%), Italy ($-6.28M or -90.2%), and China ($-3.07M or -75.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-25.1M(-9.66%)
IMPORT GROWTH (March 2023 - March 2024)$-6.11M(-3.13%)
MAIN EXPORTER (March 2024)Guangdong Province$126M
MAIN DESTINATION (March 2024)Japan$26.3M

This section shows Navigation 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 Navigation Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.22B
IMPORTS (2022)$1.5B
NET TRADE (2022)$1.71B

In 2022, China exported $3.22B in Navigation Equipment. The main destinations of China exports on Navigation Equipment were United States ($752M), Japan ($355M), Germany ($220M), Hong Kong ($189M), and Netherlands ($117M).

In 2022, China imported $1.5B in Navigation Equipment, mainly from Hungary ($535M), Germany ($275M), Japan ($196M), United States ($78.8M), and Singapore ($69.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$75M (11.1%)
Japan$60.9M (20.7%)
Malaysia$42.4M (192%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY China WERE (2021 - 2022):
Hong Kong-$53.3M (-22%)
China-$20.1M (-36.2%)
Canada-$7.31M (-15.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Navigation Equipment were:
United States $2.61B
Germany $1.95B
In 2022, China's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B

Explore Visualizations

Trade Value of Navigation Equipment by Exporters

Keep Exploring

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