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Pricing

2022
Exports | Imports $6.9B | $10.8BWorld Rnk 3 / 221
Flag Rnk 100 / 1216
World Rnk 1 / 226
Flag Rnk 27 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $124M | $1.16BRussia |  South Korea
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments1.46Rnk 47 / 1025

About

Exports In 2022, China exported $6.9B in Other Measuring Instruments, making it the 3rd largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 100th most exported product in China. The main destination of Other Measuring Instruments exports from China are: Hong Kong ($798M), United States ($699M), China ($598M), South Korea ($473M), and Japan ($473M).

The fastest growing export markets for Other Measuring Instruments of China between 2021 and 2022 were Russia ($124M), Malaysia ($71.8M), and United States ($61.9M).

Imports In 2022, China imported $10.8B in Other Measuring Instruments, becoming the 1st largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 27th most imported product in China. China imports Other Measuring Instruments primarily from: South Korea ($2.02B), Germany ($1.76B), Japan ($1.35B), Singapore ($964M), and United States ($932M).

The fastest growing import markets in Other Measuring Instruments for China between 2021 and 2022 were South Korea ($1.16B), United States ($230M), and Singapore ($130M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (804), IKEA SUPPLY AG (296), and COSTCO WHOLESALE COPRORATION (290) were at the forefront of shipping Other Measuring Instruments from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Other Measuring Instruments exports accounted up to $490M and imports accounted up to $808M, resulting in a negative trade balance of $318M. Between February 2023 and February 2024 the exports of China's   Other Measuring Instruments have decreased by $-65.6M (-11.8%) from $556M to $490M, while imports decreased by $-271M (-25.1%) from $1.08B to $808M.

Destinations In February 2024, Other Measuring Instruments were exported mostly to United States ($56.5M), Hong Kong ($42.5M), Russia ($33.3M), Japan ($33.2M), and India ($29M), and were imported mostly from United States ($132M), Germany ($130M), Japan ($119M), Singapore ($93.8M), and Taiwan ($43.3M).

Growth In February 2024, the decrease in Other Measuring Instruments's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-6.96M or -25.5%), Taiwan ($-6.78M or -26.4%), and Switzerland ($-1.99M or -65.8%). In February 2024, the decrease in Other Measuring Instruments's year-by-year imports was explained primarily by a decrease in imports from Japan ($-74M or -38%), United States ($-67.3M or -37.6%), and South Korea ($-54.7M or -52.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-65.6M(-11.8%)
IMPORT GROWTH (February 2023 - February 2024)$-271M(-25.1%)
MAIN EXPORTER (February 2024)Guangdong Province$161M
MAIN DESTINATION (February 2024)United States$56.5M

This section shows Other Measuring 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 Other Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.9B
IMPORTS (2022)$10.8B
NET TRADE (2022)-$3.93B

In 2022, China exported $6.9B in Other Measuring Instruments. The main destinations of China exports on Other Measuring Instruments were Hong Kong ($798M), United States ($699M), China ($598M), South Korea ($473M), and Japan ($473M).

In 2022, China imported $10.8B in Other Measuring Instruments, mainly from South Korea ($2.02B), Germany ($1.76B), Japan ($1.35B), Singapore ($964M), and United States ($932M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$124M (107%)
Malaysia$71.8M (54.4%)
United States$61.9M (9.71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY China WERE (2021 - 2022):
Chinese Taipei-$171M (-42%)
China-$130M (-17.9%)
Hong Kong-$110M (-12.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Measuring Instruments were:
Germany $8.71B
United States $7.13B
In 2022, China's main importing competitors in Other Measuring Instruments were:
United States $6.69B
Germany $3.73B

Explore Visualizations

Trade Value of Other Measuring Instruments by Exporters

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