2022
Exports
$3.22BWorld Rnk 1 / 200
Flag Rnk 214 / 1216
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$1.5BWorld Rnk 3 / 220
Flag Rnk 170 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 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 (187), CrimsonLogic (129), and HP Inc (49) were at the forefront of shipping Navigation Equipment from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-17.5M(-6.96%)
IMPORT GROWTH (July 2023 - July 2024)$1.35M(0.64%)
MAIN EXPORTER (July 2024)Guangdong Province$126M
MAIN DESTINATION (July 2024)United States$40.4M

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%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Navigation Equipment were:
In 2022, China's main importing competitors in Navigation Equipment were:

Explore Visualizations

Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $65.4M
TOP IMPORT POTENTIALVietnam+ $52.4M

Navigation Equipment’s highest export potential is United States. With an export gap of $65.4M.   Navigation Equipment’s highest import potential is Vietnam with an import gap of $52.4M.

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