Why Are These China's Top 10 Export Countries, By 2021-24? Blog-41

- December 21, 2020

#FutureExportVision #DrLadeVedkumar

By Dr. Lade Vedkumar.

China's exports share 13.4% of world exports. China's world export ranking is number one.

This export oriented economy has got very magnificent export prospects.They are going to widen their exports in these countries by 2024.

These are the export values of 2020 and export prospects by 2024.

China's exports to America:

2020- 473.2 billion dollars,

2024- 631.1 billion dollars.

China's exports to Hong Kong:

2020- 274.9 billion dollars,

2024- 310.7 billion dollars.

China's exports to Japan:

2020- 149 billion dollars,

2024- 167 billion dollars.

China's exports to Germany:

2020- 90.9 billion dollars,

2024- 156.2 billion dollars.

China's exports to India:

The biggest difference between these two values of 2020 and 2024 is more than double here, indicating faster growth opportunities.

2020- 66 billion dollars,

2024- 138 billion dollars.

China's exports to South Korea:

2020- 97.1 billion dollars,

2024- 138 billion dollars.

China's exports to Viet Nam:

2020- 62.7 billion dollars,

2024- 130.1 billion dollars.

Second biggest difference between the above two values is in Viet Nam.

China's exports to Netherlands:

2020- 76.2 billion dollars,

2024- 102.5 billion dollars.

China's exports to England:

2020- 58.7 billion dollars,

2024- 94.8 billion dollars.

China's exports to Mexico:

2020- 54.4 billion dollars,

2025- 90.8 billion dollars.

Important conclusion:

Best results can be found in countries having larger absolute difference between 2020's export and prospects by 2024. It will create a space to earn additional export.

Great prospects for China’s top three export countries are America, India and Viet Nam.

Note: All the values are in an US dollar. Prices may vary as per the market demand and dollar value fluctuation. 2020's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years.

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Research source:

1. World Trade Organization, Trade forecast.

2. World Bank WITS.

3. International Trade Centre.

Research access duration December 2020.

Amazon global selling guide:

https://sell.amazon.com/global-selling/guide

Why Are These The China's Top 10 Exports, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-these-are-chinas-top-10-exports-by.html