Sound Recording Equipment in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $2.17B in Sound Recording Equipment, making it the 1st largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 280th most exported product in China. The main destination of Sound Recording Equipment exports from China are: United States ($728M), Netherlands ($262M), Germany ($183M), United Kingdom ($140M), and Japan ($73.3M).

The fastest growing export markets for Sound Recording Equipment of China between 2021 and 2022 were United States ($576M), Netherlands ($217M), and Germany ($158M).

Imports In 2022, China imported $61.6M in Sound Recording Equipment, becoming the 17th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 742nd most imported product in China. China imports Sound Recording Equipment primarily from: China ($16.1M), United States ($11.2M), United Arab Emirates ($5.16M), Malaysia ($4.31M), and Japan ($2.72M).

The fastest growing import markets in Sound Recording Equipment for China between 2021 and 2022 were China ($11.2M), United States ($9.49M), and United Arab Emirates ($4.92M).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (186), CUMMINS JAW WAREHOUSE (106), and CRIMSONLOGIC US INC (99) were at the forefront of shipping Sound Recording Equipment from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Sound Recording Equipment exports accounted up to $94.6M and imports accounted up to $5.33M, resulting in a positive trade balance of $89.3M. Between March 2023 and March 2024 the exports of China's Sound Recording Equipment have decreased by $-49.7M (-34.4%) from $144M to $94.6M, while imports decreased by $-3.67M (-40.8%) from $9M to $5.33M.

Destinations In March 2024, Sound Recording Equipment were exported mostly to United States ($27.3M), Malaysia ($8.01M), Germany ($5.23M), Japan ($4.82M), and United Kingdom ($3.89M), and were imported mostly from China ($2.72M), Malaysia ($858k), United States ($627k), Vietnam ($534k), and Japan ($174k).

Growth In March 2024, the decrease in Sound Recording Equipment's year-by-year exports was explained primarily by a decrease in exports to Italy ($-4.1M or -91.7%), Australia ($-3.23M or -57.8%), and United States ($-2.62M or -6.65%). In March 2024, the decrease in Sound Recording Equipment's year-by-year imports was explained primarily by a decrease in imports from China ($-848k or -24.1%), South Korea ($-132k or -58.4%), and Germany ($-90.4k or -42.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-49.7M(-34.4%)

IMPORT GROWTH (March 2023 - March 2024)$-3.67M(-40.8%)

MAIN EXPORTER (March 2024)Guangdong Province$66.8M

MAIN DESTINATION (March 2024)United States$27.3M

This section shows Sound Recording 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 Sound Recording Equipment over time.

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