Cars in China

EXPORTS (2018): $8.79B, World Rnk 18 / 209
Flag Rnk 60 / 1218

TOP DESTINATION (2018): $2.22B, United States

FASTEST GROWING IN MARKET (2017 - 2018): $497M, Mexico

IMPORTS (2018): $45.2B, World Rnk 4 / 220
Flag Rnk 4 / 1216

TOP ORIGIN (2018): $17.1B, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $3.51B, Germany

ECONOMIC COMPLEXITY of China (2018): 0.89, Rnk 30 / 137

PRODUCT COMPLEXITY  IN Cars (2018): 0.78, Rnk 249 / 1018

Exports: In 2018, China exported $8.79B in Cars, making it the 18th largest exporter of Cars in the world. At the same year, Cars was the 60th most exported product in China. The main destination of Cars exports from China are: United States ($2.22B), Iran ($1.58B), Mexico ($974M), Chile ($437M), and Egypt ($247M).

The fastest growing export markets for Cars of China between 2017 and 2018 were Mexico ($497M), United States ($404M), and Egypt ($161M).

Imports: In 2018, China imported $45.2B in Cars, becoming the 4th largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in China. China imports Cars primarily from: Germany ($17.1B), United States ($6.86B), Japan ($6.02B), United Kingdom ($4.74B), and United Arab Emirates ($3.14B).

The fastest growing import markets in Cars for China between 2017 and 2018 were Germany ($3.51B), United Arab Emirates ($3.14B), and Sweden ($491M).

Tariffs: In 2018, the average tariff for China in Cars was 24.6%. The countries with the highest import tariffs for Cars were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).

Value

EXPORTS (2018): $8.79B

IMPORTS (2018): $45.2B

NET TRADE (2018): -$36.4B

In 2018, China exported $8.79B in Cars. The main destinations of China exports on Cars were United States ($2.22B), Iran ($1.58B), Mexico ($974M), Chile ($437M), and Egypt ($247M).

In 2018, China imported $45.2B in Cars, mainly from Germany ($17.1B), United States ($6.86B), Japan ($6.02B), United Kingdom ($4.74B), and United Arab Emirates ($3.14B).

IN 2018, China HAD A POSITIVE NET TRADE IN Cars WITH:

IN 2018, China HAD A NEGATIVE NET TRADE IN Cars WITH:

Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR China WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY China WERE (2017 - 2018):

Market Concentration

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Flow
Type

In 2018, China's main exporting competitors in Cars were:

In 2018, China's main importing competitors in Cars were:

Trade Predictions

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Time

This section shows predictions for total exports and imports, for Cars in China. The prediction is based on a short-term, medium-term and long-term model using annual commercial data.

Explore Predictions

Tariffs by Country

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In 2018, the average tariff for China in Cars was 24.6%.

The countries with the highest tariffs for Cars in China were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).

Explore Tariff Data