2022
Exports
$7.21BWorld Rnk 1 / 187
Flag Rnk 91 / 1216
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$2.82BWorld Rnk 2 / 213
Flag Rnk 118 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.21B in Rubberworking Machinery, making it the 1st largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 91st most exported product in China. The main destination of Rubberworking Machinery exports from China are: Vietnam ($665M), United States ($546M), India ($493M), Thailand ($336M), and Mexico ($292M).

The fastest growing export markets for Rubberworking Machinery of China between 2021 and 2022 were United States ($260M), India ($104M), and Mexico ($83.1M).

Imports In 2022, China imported $2.82B in Rubberworking Machinery, becoming the 2nd largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 118th most imported product in China. China imports Rubberworking Machinery primarily from: Japan ($950M), Germany ($803M), Chinese Taipei ($169M), South Korea ($150M), and Austria ($126M).

The fastest growing import markets in Rubberworking Machinery for China between 2021 and 2022 were Canada ($35.9M), United States ($22.8M), and Austria ($17M).

COMPANIES In 2023, leading companies such as STANLEY BLACK & DECKER, INC (81), GOPLUS CORP (60), and EUROMARKET DESIGNS INC (42) were at the forefront of shipping Rubberworking Machinery from China to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-55.2M(-9.49%)
IMPORT GROWTH (March 2023 - March 2024)$14.4M(4.22%)
MAIN EXPORTER (March 2024)Zhejiang Province$175M
MAIN DESTINATION (March 2024)Vietnam$63.9M

This section shows Rubberworking Machinery'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 Rubberworking Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.21B
IMPORTS (2022)$2.82B
NET TRADE (2022)$4.39B

In 2022, China exported $7.21B in Rubberworking Machinery. The main destinations of China exports on Rubberworking Machinery were Vietnam ($665M), United States ($546M), India ($493M), Thailand ($336M), and Mexico ($292M).

In 2022, China imported $2.82B in Rubberworking Machinery, mainly from Japan ($950M), Germany ($803M), Chinese Taipei ($169M), South Korea ($150M), and Austria ($126M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$260M (90.7%)
India$104M (26.6%)
Mexico$83.1M (39.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY China WERE (2021 - 2022):
Thailand-$117M (-25.8%)
Pakistan-$63M (-49.4%)
Serbia-$28.7M (-41.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Rubberworking Machinery were:
Japan $2.29B
In 2022, China's main importing competitors in Rubberworking Machinery were:

Explore Visualizations

Trade Value of Rubberworking Machinery by Exporters

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