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2022
Exports $463MWorld Rnk 1 / 132
Flag Rnk 598 / 1216
2022
Destination $48.4M Indonesia
2021 - 2022
FASTEST GROWING MARKET $48.4MIndonesia
2022
PRODUCT COMPLEXITY IN Boiler Plants0.99Rnk 174 / 1025
2022
Imports $15.9MWorld Rnk 24 / 196
Flag Rnk 951 / 1212
2022
Origin $497k Japan
2021 - 2022
FASTEST GROWING ORIGIN $497kItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $463M in Boiler Plants, making it the 1st largest exporter of Boiler Plants in the world. At the same year, Boiler Plants was the 598th most exported product in China. The main destination of Boiler Plants exports from China are: Indonesia ($197M), Japan ($26.5M), United States ($25M), Vietnam ($12.6M), and Bangladesh ($12.1M).

The fastest growing export markets for Boiler Plants of China between 2021 and 2022 were Indonesia ($48.4M), United States ($18.1M), and Finland ($11.9M).

Imports In 2022, China imported $15.9M in Boiler Plants, becoming the 24th largest importer of Boiler Plants in the world. At the same year, Boiler Plants was the 951st most imported product in China. China imports Boiler Plants primarily from: Japan ($2.57M), South Korea ($1.34M), Germany ($1.3M), Spain ($1.04M), and United States ($960k).

The fastest growing import markets in Boiler Plants for China between 2021 and 2022 were Italy ($497k), Switzerland ($485k), and South Korea ($483k).

COMPANIES In 2023, leading companies such as PACCAR Engine (21), Walgreens (15), and Mahle Behr (9) were at the forefront of shipping Boiler Plants from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Boiler Plants exports accounted up to $50.1M and imports accounted up to $1.65M, resulting in a positive trade balance of $48.5M. Between September 2023 and September 2024 the exports of China's   Boiler Plants have increased by $9.19M (22.4%) from $41M to $50.1M, while imports increased by $808k (95.5%) from $846k to $1.65M.

Destinations In September 2024, Boiler Plants were exported mostly to Indonesia ($6.66M), Saudi Arabia ($6.14M), South Korea ($5.29M), Vietnam ($4.4M), and Iraq ($3.65M), and were imported mostly from Finland ($605k), Germany ($323k), South Korea ($195k), Denmark ($180k), and United States ($120k).

Growth In September 2024, the increase in Boiler Plants's year-by-year exports was explained primarily by an increase in exports to Brazil ($3.43M or 19.4k%), India ($2.95M or 5.45k%), and United States ($2.3M or 50.5%). In September 2024, the increase in Boiler Plants's year-by-year imports was explained primarily by an increase in imports from Germany ($44.1k or 3.2k%), Japan ($26.1k or 30.2%), and Sweden ($1.53k or 75.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$9.19M(22.4%)
IMPORT GROWTH (September 2023 - September 2024)$808k(95.5%)
MAIN EXPORTER (September 2024)Shanghai Province$12.3M
MAIN DESTINATION (September 2024)Indonesia$6.66M

This section shows Boiler Plants'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 Boiler Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$463M
IMPORTS (2022)$15.9M
NET TRADE (2022)$447M

In 2022, China exported $463M in Boiler Plants. The main destinations of China exports on Boiler Plants were Indonesia ($197M), Japan ($26.5M), United States ($25M), Vietnam ($12.6M), and Bangladesh ($12.1M).

In 2022, China imported $15.9M in Boiler Plants, mainly from Japan ($2.57M), South Korea ($1.34M), Germany ($1.3M), Spain ($1.04M), and United States ($960k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Boiler Plants EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$48.4M (32.6%)
United States$18.1M (261%)
Finland$11.9M (108k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boiler Plants BY China WERE (2021 - 2022):
Pakistan-$48.6M (-89.2%)
Bangladesh-$31.2M (-72%)
United Arab Emirates-$18.1M (-77%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Boiler Plants were:
South Korea $110M
Japan $102M
In 2022, China's main importing competitors in Boiler Plants were:
Indonesia $243M
United States $109M
Japan $73.5M

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Trade Value of Boiler Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.55M
TOP IMPORT POTENTIALSouth Korea+ $1.31M

Boiler Plants’s highest export potential is United States. With an export gap of $7.55M.   Boiler Plants’s highest import potential is South Korea with an import gap of $1.31M.

See methodology.

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