Recreational Boats in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $682M in Recreational Boats, making it the 7th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 527th most exported product in China. The main destination of Recreational Boats exports from China are: United States ($164M), Australia ($56.1M), Hong Kong ($53.6M), France ($46.1M), and United Kingdom ($38.2M).

The fastest growing export markets for Recreational Boats of China between 2021 and 2022 were Marshall Islands ($9.81M), France ($9.46M), and Malaysia ($7.79M).

Imports In 2022, China imported $84.4M in Recreational Boats, becoming the 35th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 688th most imported product in China. China imports Recreational Boats primarily from: Mexico ($27.4M), United States ($18.2M), Italy ($6.69M), Turkey ($6.06M), and France ($5.12M).

The fastest growing import markets in Recreational Boats for China between 2021 and 2022 were Mexico ($9.21M), Turkey ($5.62M), and United Kingdom ($3.75M).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (27), GLOBAL ETRADE SERVICES INC (7), and AT HOME PROCUREMENT INC (3) were at the forefront of shipping Recreational Boats from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Recreational Boats exports accounted up to $52.2M and imports accounted up to $11.3M, resulting in a positive trade balance of $40.9M. Between March 2023 and March 2024 the exports of China's Recreational Boats have increased by $2.05M (4.1%) from $50.2M to $52.2M, while imports increased by $1.2M (11.9%) from $10.1M to $11.3M.

Destinations In March 2024, Recreational Boats were exported mostly to United States ($19.3M), Australia ($10.9M), France ($2.45M), Canada ($1.98M), and Netherlands ($1.62M), and were imported mostly from Mexico ($8.2M), United States ($1.69M), Finland ($1.07M), France ($193k), and Russia ($143k).

Growth In March 2024, the increase in Recreational Boats's year-by-year exports was explained primarily by an increase in exports to United States ($20.8M or 239%), Mexico ($5.23M or 5.73k%), and Belgium ($1.65M or 146%). In March 2024, the increase in Recreational Boats's year-by-year imports was explained primarily by an increase in imports from Mexico ($2.61M or 156%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$2.05M(4.1%)

IMPORT GROWTH (March 2023 - March 2024)$1.2M(11.9%)

MAIN EXPORTER (March 2024)Zhejiang Province$26.2M

MAIN DESTINATION (March 2024)United States$19.3M

This section shows Recreational Boats'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 Recreational Boats over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$682M

IMPORTS (2022)$84.4M

NET TRADE (2022)$597M

In 2022, China exported $682M in Recreational Boats. The main destinations of China exports on Recreational Boats were United States ($164M), Australia ($56.1M), Hong Kong ($53.6M), France ($46.1M), and United Kingdom ($38.2M).

In 2022, China imported $84.4M in Recreational Boats, mainly from Mexico ($27.4M), United States ($18.2M), Italy ($6.69M), Turkey ($6.06M), and France ($5.12M).

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