#china export database

[anamseair]

China’s Top Trading Partners in 2023-24: A Comprehensive Overview

China is home to 17% of the world's population, making it the biggest consumer of many goods and commodities. Due to its large workforce, China produces numerous products in vast quantities, allowing it to meet much of its domestic demand and export the surplus to other countries. Conversely, China is one of the top importers of many products.

In this blog, we will discuss China’s top trading partners, which help China maintain its exports and imports. Additionally, we will overview China's top export and import partners.

China Customs Database Overview

China Import Export Data

According to the China export data, total exports from China stood at US$ 3.73 trillion in 2023-24. China is the world's largest exporter. The top exports of China in 2023-24 include:

Broadcasting equipment ($276 billion)

Integrated Circuits ($215 billion)

Computers ($214 billion)

Office machine parts ($118 billion)

Semiconductor Devices ($74 billion)

According to China customs data, total imports into China stood at US$ 2.16 trillion in 2023-24. China is the world's second-largest importer. The top imports of China in 2023-24 include:

Crude petroleum ($290 billion)

Integrated circuits ($235 billion)

Iron ore ($108 billion)

Petroleum gas ($76 billion)

Gold ($70 billion)

Top 10 Trading Partners of China

Here is the list of the top trading partners of China:

United States

Japan

South Korea

Hong Kong

Taiwan

Russia

Vietnam

Australia

Germany

Malaysia

Detailed Overview of China’s Top Trading Partners in 2023-24

United States: The United States is China’s top trading partner, with a total trade volume of over US$ 664.5 billion in 2023-24. The US is a major supplier of soybeans, integrated circuits, and crude petroleum to China. China’s main exports to the US include broadcasting equipment, computers, and office machine parts.

Japan: Japan is China's second-largest trading partner, with a total trade volume of US$ 310.8 billion in 2023-24. China’s main exports to Japan include cement, headgear, and copper. China’s main imports from Japan include machines, textiles, and chemical products.

South Korea: South Korea ranks third among China’s top trading partners, with a total trade volume of US$ 310.7 billion in 2023-24. The main exports from China to South Korea include iron, steel, plastic, and machinery. China’s main imports from South Korea include integrated circuits, cyclic hydrocarbons, and broadcasting equipment.

Hong Kong: Hong Kong is the fourth-largest trading partner of China, with a total trade volume of over US$ 288.2 billion in 2023-24. Hong Kong is a major importer of China's goods, including gas turbines, gold, and pitted fruits. The primary exports from China to Hong Kong are broadcasting equipment, integrated circuits, and office machine parts.

Taiwan: Taiwan is the fifth-largest trading partner of China, with a total trade volume of US$ 267.8 billion in 2023-24. The main exports from China to Taiwan include broadcasting equipment, integrated circuits, and office machine parts. China’s main imports from Taiwan include machinery, electronics, metals, and rubbers.

Russia: Russia is China's sixth-largest trading partner, with a total trade volume of US$ 240.1 billion in 2023-24. The main exports from China to Russia include computers, giant construction vehicles, and broadcasting equipment. China’s main imports from Russia include petroleum gas, crude petroleum, and coal briquettes.

Vietnam: Vietnam is China's seventh-biggest trading partner, with a total trade volume of US$ 229.8 billion in 2023-24. The main exports from China to Vietnam include silk, vegetable fat oil, and nickel. China’s main imports from Vietnam include telephones, broadcasting equipment, and integrated circuits.

Australia: Australia ranks eighth among China’s top trading partners, with a total trade volume of US$ 229.1 billion in 2023-24. The main exports from China to Australia include electronic circuits, shipping containers, and semi-trailers. China’s main imports from Australia include iron ore, gas, and oil.

Germany: Germany is the ninth-largest trading partner of China, with a total trade volume of US$ 206.8 billion in 2023-24. China’s primary exports to Germany include broadcasting equipment, integrated circuits, and office machine parts. China’s main imports from Germany include machinery, electronics, metals, and rubbers.

Malaysia: Malaysia is the tenth-largest trading partner of China, with a total trade volume of US$ 190.2 billion in 2023-24. The main exports from China to Malaysia include refined petroleum, printed circuit boards, and integrated circuits. China’s main imports from Malaysia include machinery, electronics, and chemical products.

China’s Top Export Partners

Here is the list of China exporting countries:

United States

Hong Kong

Japan

South Korea

Vietnam

India

Russia

Germany

Netherlands

Malaysia

According to the China export database. The United States is a top China export partner. In 2023-24, China exported goods worth around US$ 500 billion to the US. China is the largest export partner, followed by Hong Kong and Japan.

China’s Top Import Partners

Here is the list of China’s largest import partners:

Taiwan

United States

South Korea

Japan

Australia

Russia

Brazil

Germany

Malaysia

Vietnam

According to China import export data for 2023-24, Taiwan is the biggest China import partner. Taiwan exported goods worth US$ 199.3 billion to China in 2023-24.

How to Get Global Trade Data?

Since globalization, trade between countries has increased rapidly. To enter the international market, traders must obtain global trade data to understand the latest market trends and statistics related to top exporting and importing countries. Seair Exim Solutions provides easy-to-use trade data for 130+ countries with just one subscription.

Wind Up!

China is one of the world’s largest economies. It is rich in resources and has a large population, making it the top exporter and importer globally. Many traders need global trade data or global trade insights. For specific data country-wise, product-wise, and HS Codes, connect with us on our extensive dashboard at Seair Exim Solutions.

[exportimportdata3]

Explore trading partners of China in 2023-24 with insights into its top export and import partners. Learn about key trading relationships, major export and import products, and global trade data trends.

[mariacallous]

Shortly before noon on Aug. 19, 2023, a Russian cruise missile sliced past the golden onion domes and squat apartment blocks of the Chernihiv skyline in northern Ukraine. The Iskander-K missile slammed into its target: the city’s drama theater, which was hosting a meeting of drone manufacturers at the time of the attack. More than 140 people were injured and seven killed. The youngest, 6-year-old Sofia Golynska, had been playing in a nearby park.

Fragments of the missile recovered by the Ukrainian armed forces and analyzed by Ukrainian researchers found numerous components made by U.S. manufacturers in the missile’s onboard navigation system, which enabled it to reach its target with devastating precision. In December, Ukraine’s state anti-corruption agency released an online database of the thousands of foreign-made components recovered from Russian weapons so far.

Russia’s struggle to produce the advanced semiconductors, electrical components, and machine tools needed to fuel its defense industrial base predates the current war and has left it reliant on imports even amid its estrangement from the West. So when Moscow launched its full-scale invasion of Ukraine in February 2022, major manufacturing countries from North America, Europe, and East Asia swiftly imposed export controls on a broad swath of items deemed critical for the Russian arms industry.

Russia quickly became the world’s most sanctioned country: Some 16,000 people and companies were subject to a patchwork of international sanctions and export control orders imposed by a coalition of 39 countries. Export restrictions were painted with such a broad brush that sunglasses, contact lenses, and false teeth were also swept up in the prohibitions. Even items manufactured overseas by foreign companies are prohibited from being sold to Russia if they are made with U.S. tools or software, under a regulation known as the foreign direct product rule.

But as the war reaches its two-year anniversary, export controls have failed to stem the flow of advanced electronics and machinery making their way into Russia as new and convoluted supply chains have been forged through third countries such as Kazakhstan, Turkey, and the United Arab Emirates, which are not party to the export control efforts. An investigation by Nikkei Asia found a tenfold increase in the export of semiconductors from China and Hong Kong to Russia in the immediate aftermath of the war—the majority of them from U.S. manufacturers.

“Life finds a way,” said a senior U.S. intelligence official, quoting the movie Jurassic Park. The official spoke on background to discuss Russia’s evasion of export controls.

Some of the weapons and components analyzed by investigators were likely stockpiled before the war. But widely available Russian trade data reveals a brisk business in imports. More than $1 billion worth of advanced semiconductors from U.S. and European manufacturers made their way into the country last year, according to classified Russian customs service data obtained by Bloomberg. A recent report by the Kyiv School of Economics found that imports of components considered critical for the battlefield had dipped by just 10 percent during the first 10 months of 2023, compared with prewar levels.

This has created a Kafkaesque scenario, the report notes, in which the Ukrainian army is doing battle with Western weapons against a Russian arsenal that also runs on Western components.

It is an obvious problem, well documented by numerous think tank and media reports, but one without an easy solution. Tracking illicit trade in items such as semiconductors is an exponentially greater challenge than monitoring shipments of conventional weapons. Around 1 trillion chips are produced every year. Found in credit cards, toasters, tanks, missile systems, and much, much more, they power the global economy as well as the Russian military. Cutting Russia out of the global supply chain for semiconductors is easier said than done.

“Both Russia and China, and basically all militaries, are using a large number of consumer electronic components in their systems,” said Chris Miller, the author of Chip War: The Fight for the World’s Most Critical Technology. “All of the world’s militaries rely on the same supply chain, which is the supply chain that primarily services consumer electronics.”

Export controls were once neatly tailored to keep specific items, such as nuclear technology, out of the hands of rogue states and terrorist groups. But as Washington vies for technological supremacy with Beijing while also seeking to contain Russia and Iran, it has increasingly used these trade restrictions to advance broader U.S. strategic objectives. For instance, the Biden administration has placed wide-ranging prohibitions on the export of advanced chips to China.

“At no point in history have export controls been more central to our collective security than right now,” Matthew Axelrod, the assistant secretary for export enforcement at the U.S. Commerce Department, said in a speech last September. U.S. National Security Advisor Jake Sullivan has described export controls as “a new strategic asset in the U.S. and allied toolkit.”

Russia’s ability to defy these restrictions doesn’t just have implications for the war in Ukraine. It also raises significant questions about the challenge ahead vis-à-vis China.

“The technological question becomes a key part of this story and whether or not we can restrict it from our adversaries,” said James Byrne, the director of open-source intelligence and analysis at the Royal United Services Institute, a British think tank.

In the Russian city of Izhevsk, home to the factory that manufactures Kalashnikov rifles, shopping malls are being converted into drone factories amid a surge in defense spending that has helped the country’s economy weather its Western estrangement. Arms manufacturers have been urged to work around the clock to feed the Russian war machine, while defense is set to account for one-third of the state budget this year.

“We have developed a concept to convert shopping centers—which, before the start of the SMO [special military operation], sold mainly the products of Western brands—to factories for assembly lines of types of domestic drones,” Alexander Zakharov, the chief designer of the Zala Aero drone company, said at a closed event in August 2022, according to the Russian business newspaper Vedomosti. “Special military operation” is what the Russian government calls its war on Ukraine. Zala Aero is a subsidiary of the Kalashnikov Concern that, along with Zakharov, was sanctioned by the United States last November.

Defense companies have bought at least three shopping malls in Izhevsk to be repurposed for the manufacture of drones, according to local media, including Lancet attack drones, which the British defense ministry described as one of the most effective new weapons that Russia introduced to the battlefield last year. Lancets, which cost about $35,000 to produce, wreaked havoc during Ukraine’s offensive last year and have been captured on video striking valuable Ukrainian tanks and parked MiG fighter jets.

Like a lot of Russia’s weapons systems, Lancets are filled with Western components. An analysis of images of the drones published in December by the Washington-based Institute for Science and International Security found that they contained several parts from U.S., Swiss, and Czech manufacturers, including image processing and analytical components that play a pivotal role in enabling the drones to reach their targets on the battlefield.

“The recurring appearance of these Western products in Russian drone systems shows a keen dependence on them for key capabilities in the drone systems,” the report notes. Lancets are not the only drones found to contain Western components. Almost all of the electronic components in the Iranian Shahed-136 drones, which Russia is now manufacturing with Iranian help to use in Ukraine, are of Western origin, a separate analysis published in November concluded.

Early in the war, the Royal United Services Institute analyzed 27 Russian military systems, including cruise missiles, electronic warfare complexes, and communications systems, and found that they contained at least 450 foreign-made components, revealing Russia’s dependence on imports.

One of the principal ways that Russia has evaded Western export controls has been through transshipment via third countries such as Turkey, the UAE, and neighboring states once part of the Soviet Union. Bloomberg reported last November that amid mounting Western pressure, the UAE had agreed to restrict the export of sensitive goods to Russia and that Turkey was considering a similar move. Kazakh officials announced a ban on the export of certain battlefield goods to Russia in October.

Suspected transshipment is often revealed by striking changes in trade patterns before and after the invasion. The Maldives, an island chain in the Indian Ocean that has no domestic semiconductor industry, shipped almost $54 million worth of U.S.-made semiconductors to Russia in the year after the invasion of Ukraine, Nikkei Asia reported last July.

Semiconductor supply chains often span several countries, with chips designed in one country and manufactured in another before being sold to a series of downstream distributors around the world. That makes it difficult for companies to know the ultimate end user of their products. This may seem odd—until you realize that this is the case for many everyday products that are sold around the world. “When Coca-Cola sells Coca-Cola, it doesn’t know where every bottle goes, and they don’t have systems to track where every bottle goes,” said Kevin Wolf, a former assistant secretary for export administration at the U.S. Commerce Department.

While a coalition of 39 countries, including the world’s major manufacturers of advanced electronics, imposed export restrictions on Russia, much of the rest of the world continues to trade freely with Moscow. Components manufactured in coalition countries will often begin their journey to Moscow’s weapons factories through a series of entirely legal transactions before ending up with a final distributor that takes them across the border into Russia. “It starts off as licit trade and ends up as illicit trade,” said a second senior U.S. intelligence official, who spoke on condition of anonymity.

The further items move down the supply chain, the less insight governments and companies have into their ultimate destination, although sudden changes in behavior of importers can offer a red flag. In his speech last September, Axelrod, the assistant secretary, used the example of a beauty salon that suddenly starts to import electronic components.

But the Grand Canyon of loopholes is China, which has stood by Moscow since the invasion. In the first days of the war, U.S. Commerce Secretary Gina Raimondo warned that Washington could shut down Chinese companies that ignored semiconductor export controls placed on Russia. Last October, 42 Chinese companies were added to export control lists—severely undercutting their ability to do business with U.S. companies—for supplying Russian defense manufacturers with U.S. chips.

But as the Biden administration carefully calibrates its China policy in a bid to keep a lid on escalating tensions, it has held off from taking Beijing to task. “I think the biggest issue is that we—the West—have been unwilling to put pressure on China that would get China to start enforcing some of these rules itself,” said Miller, the author of Chip Wars.

A spokesperson for the U.S. Commerce Department’s Bureau of Industry and Security (BIS) said: “Due to the restrictions imposed by the United States and key allies and partners, Russia has been left with no choice but to spend more, lower its ambitions for high-tech weaponry, build alliances with other international pariah states, and develop nefarious trade networks to covertly obtain the technologies it needs.

“We are deeply concerned regarding [Chinese] support for Russia’s defense industrial base. BIS has acted to add over 100 [China]-based entities to the Entity List for supporting Russia’s military industrial base and related activities.”

Export controls have typically focused on keeping specific U.S.-made goods out of the hands of adversaries, while economic and financial sanctions have served broader foreign-policy objectives of isolating rogue states and cauterizing the financing of terrorist groups and drug cartels. The use of sanctions as a national security tool grew in wake of the 9/11 attacks; in the intervening decades, companies, government agencies, and financial institutions have built up a wealth of experience in sanctions compliance. By contrast, the use of export controls for strategic ends is relatively novel, and compliance expertise is still in its infancy.

“It used to be that people like me could keep export controls and sanctions in one person’s head. The level of complexity for each area of law is so intense. I don’t know anyone who is truly an export control and sanctions expert,” Wolf said.

Export controls, experts say, are at best speed bumps designed to make it harder for Russia’s defense industrial base to procure Western components. They create “extra friction and pressure on the Russian economy,” said Daniel Fried, who as the State Department coordinator for sanctions policy helped craft U.S. sanctions on Russia after its annexation of Crimea in 2014. Russia is now paying 80 percent more to import semiconductors than it did before the war, according to forthcoming research by Miller, and the components it is able to acquire are often of dubious quality.

But although it may be more cumbersome and expensive, it’s a cost that Moscow has been willing to bear in its war on Ukraine.

Western components—and lots of them—will continue to be found in the weapons Russia uses on Ukraine’s battlefields for the duration of the war. “This problem is as old as export controls are,” said Jasper Helder, an expert on export controls and sanctions with the law firm Akin Gump. But there are ways to further plug the gaps.

Steeper penalties could incentivize U.S. companies to take a more proactive role in ensuring their products don’t wind up in the hands of the Russian military, said Elina Ribakova, a nonresident senior fellow at the Peterson Institute for International Economics. “At the moment, they’re not truly motivated,” she said.

Companies that run afoul of sanctions and the Foreign Corrupt Practices Act, a U.S. federal law that prohibits the payment of bribes, have been fined billions of dollars. Settlements of export control violations are often an order of magnitude smaller, according to recently published research.

In a speech last month, Axelrod said the United States would begin issuing steeper penalties for export control violations. “Build one case against one of the companies extremely well, put out a multibillion-dollar fine negotiation, and watch everybody else fall in line,” Ribakova said.

And then there’s the question of resources. BIS has an annual budget of just $200 million. “That’s like the cost of a few fighter jets. Come on,” said Raimondo, speaking at the Reagan National Defense Forum last December.

The agency’s core budget for export control has, adjusted for inflation, remained flat since 2010, while its workload has surged. Between 2014 and 2022, the volume of U.S. exports subject to licensing scrutiny increased by 126 percent, according to an agency spokesperson. A 2022 study of export control enforcement by the Center for Strategic and International Studies recommended a budget increase of $45 million annually, describing it as “one of the best opportunities available anywhere in U.S. national security.”

When it comes to enforcement, the bureau has about 150 officers across the country who work with law enforcement and conduct outreach to companies. The Commerce Department has also established a task force with the Justice Department to keep advanced technologies out of the hands of Russia, China, and Iran. “The U.S. has the most robust export enforcement on the planet,” Wolf said.

But compared with other law enforcement and national security agencies, the bureau’s budgets have not kept pace with its expanding mission. The Department of Homeland Security has more investigators in the city of Tampa, Florida, than BIS does across the entire country, Axelrod noted in his January speech.

On the other side, you have Russia, which is extremely motivated to acquire the critical technologies it needs to continue to prosecute its war. The Kremlin has tasked its intelligence agencies with finding ways around sanctions and export controls, U.S. Treasury Undersecretary Brian Nelson said in a speech last year. “We are not talking about a profit-seeking firm looking for efficiencies,” the second senior U.S. intelligence official said. “There will be supply if there is sufficient demand.”

[heavenlyyshecomes]

The IDF uses extensive facial recognition with a growing network of cameras and mobile phones to document every Palestinian in the West Bank. Starting in 2019, Israeli soldiers used the Blue Wolf app to capture Palestinian faces, which were then compared to a massive database of images dubbed the “Facebook for Palestinians.” Soldiers were told to compete by taking the most photos of Palestinians and the most prolific would win prizes. The system is most extreme in the city of Hebron, where facial recognition and numerous cameras are used to monitor Palestinians, including at times in their homes, instead of the extreme Jewish settlers living there, who routinely express genocidal threats against the Palestinians. The IDF claimed that the program was designed to “improve the quality of life for the Palestinian population.” […] Blue Wolf was a smaller version of the Wolf Pack database, which contained the personal details of virtually every Palestinian in the West Bank, including educational status, photos, security level, and family history. Soldiers in the West Bank were instructed in 2022 to enter the details and photos of at least fifty Palestinians into the Blue Wolf system every shift and were not allowed to end their shift until they did so. There was no security rationale for these actions. This is a similar set-up to what China does against the Uighurs in its Xinjiang province, using surveillance and technology to both track and intimidate the residents, though Beijing receives far more international condemnation than the Jewish state.

—Antony Loewenstein, The Palestine Laboratory: How Israel Exports the Technology of Occupation Around the World

[workersolidarity]

🇪🇺🇷🇺 🚨 TRADE BETWEEN THE EU AND THE RUSSIAN FEDERATION DOWN 37% SINCE FEBRUARY 2022

According to German news agency Der Spiegel, a study by the IFO Institute has found that European Union exports have fallen 37% since the start of Russia's Special Military Operation in Ukraine, which began on Feb. 24th, 2022.

"One reason for the still high export volume to Russia is that only 32 percent of all products from the EU are sanctioned," Feodora Teti, the Deputy-chief of the IFO Institute's Center for Foreign Trade, said on Tuesday.

"For luxury goods, for example, the export of champagne to Russia is sanctioned, but not Prosecco," Teti said.

Recent evaluations of IFO's new sanctions database suggest many of the sanctioned goods can be delivered to the Russian Federation indirectly via third countries.

"For Russia, China is the most important alternative country of origin for sanctioned products: 61 percent of these goods come from China," Teti added.

Prior to the war in Ukraine, that proportion was only 35%. Currently, 13% of all goods sanctioned by Western countries enter Russia via Turkey, while less than 1% arrives via Armenia. During the same period, EU exports to Armenia doubled.

#source

@WorkerSolidarityNews

[chiarrara]

Kinda feel like ranting and raving about how bullshit the standards for what "counts" as anime are and how when you boil them down they're fucking racist as shit but white dumbasses in the west don't understand that because they think they're protecting the purity of asian creative control or something as if Japan and China and Korea are not cultural and economic super powers, and why exactly did you pick those countries and Taiwan as the ones where the animation produced by their industries "counts" as anime and not every other country in asia? and why exactly do you define 95% japanese production as shows that have all the inbetween and finishing work done by artists in south asian countries but you won't include work created by south asian creators? and do you actually understand art when you say french and american studios are only making shows that "look like anime" or are "inspired by anime" and think that makes them somehow different from "real anime"? and are you aware of Japan's history of extreme nationalism and how that effects its cultural exports to this day? and is the purpose of an anime tracking site to gatekeep a pure definition of a specific medium of art based on the country of origin of the shareholders, or is it to serve its users needs? and do you understand that limiting what you include in your database, a database many people use to find out which shows are coming out when, keep track of the shows they're watching, review and comment on them, and socialize with other fans about the shows their watching necessarily limits the audiences of these shows you refuse to platform and cuts people off from information about them in the centralized location they're already at? don't you think that's kind of stupid and fucked up?

this is about anilist but there's no point in posting it there because the mods are unprofessional and nasty and I don't want them paying more attention to me than is absolutely necessary

[deshpandeisha]

What Are Anti-Reflective Coatings?

The global anti-reflective coatings market is projected to be worth USD 6,875.3 Million by 2027, according to a new report by Emergen Research. The market for anti-reflective or anti-glare coatings is experiencing rapid demand attributed to its growing application in eyewear, electronic, solar panels, and automotive. Besides, growing investments in the development of medical equipment and instruments are likely to boost the market growth as anti-reflective coatings greatly enhance the readability of displays screens even under brightly-lit settings and at difficult angles.

The report entails an organized database of the Anti-Reflective Coatings market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Anti-Reflective Coatings market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.

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The leading market contenders listed in the report are: Carl Zeiss, Hoya Corporation, Royal DSM, Essilor International SA, PPG Industries, Optical Coatings Japan, Honeywell International Inc., DuPont, iCoat Company LLC, and Rodenstock GmbH

The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs. To Visit Full Report & Table of Contents Anti-Reflective Coatings Market: https://www.emergenresearch.com/industry-report/anti-reflective-coatings-market

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Resin Type Outlook (Revenue, USD Billion; 2017-2027)

Acrylic

Urethane

Epoxy

Others

Technology Outlook (Revenue, USD Billion; 2017-2027)

Electron Beam

Sputtering

Others

Application Outlook (Revenue, USD Billion; 2017-2027)

Eyewear

Electronic

Solar Panels

Automotive

Others

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. Get An Impressive Discount On This Report@ https://www.emergenresearch.com/request-discount/151

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[exportimportdata13]

Products Canada Imports from India: A Comprehensive Guide

Canada and India share a strong trade relationship, with imports from India playing a significant role in supporting Canada’s economy. From pharmaceutical products to machinery and textiles, India exports a diverse range of goods to Canada, contributing to its industrial and consumer needs. In this article, we will explore the top products imported from India to Canada, their economic significance, and key insights into importing goods from India to Canada.

Overview of Canada’s Imports from India

According to the United Nations Commerce Database on International Trade, Canada imported $5.58 billion worth of goods from India in 2023. While the United States, China, Mexico, and Germany remain Canada’s top import partners, India is also a crucial player in supplying essential goods.

Key Import Figures (2023-24):

Pharmaceutical products – US$ 425.33 million

Machinery, nuclear reactors, boilers – US$ 283.28 million

Articles of iron or steel – US$ 246.21 million

Electrical and electronic equipment – US$ 242.11 million

Pearls, precious stones, metals, coins – US$ 186.83 million

Organic chemicals – US$ 179.86 million

Optical, photo, technical, and medical apparatus – US$ 116.52 million

Rubbers – US$ 115.35 million

Plastics – US$ 113.82 million

Coffee, tea, mate, and spices – US$ 80.21 million

Top Products Imported from India to Canada

1. Pharmaceutical Products

India is known as the “pharmacy of the world” due to its cost-effective and high-quality pharmaceutical production. In 2023-24, Canada imported pharmaceutical products worth US$ 425.33 million from India. These imports ensure affordable healthcare access and innovative treatments for Canadians.

2. Machinery, Nuclear Reactors, and Boilers

Canada imports industrial machinery, reactors, and boilers from India to meet its growing infrastructure and manufacturing needs. The trade volume for these items stood at US$ 283.28 million in 2023-24.

3. Articles of Iron or Steel

Steel and iron products, including construction materials, tools, and machinery parts, are heavily imported from India, amounting to US$ 246.21 million. These materials support Canada’s construction and industrial sectors.

4. Electrical and Electronic Equipment

Canada relies on India for US$ 242.11 million worth of electrical and electronic equipment, including industrial automation systems, semiconductors, and consumer electronics.

5. Pearls, Precious Stones, and Metals

Gems and metals are widely imported from India to cater to Canada’s jewelry, electronics, and industrial applications. The total import value in this category reached US$ 186.83 million.

6. Organic Chemicals

India exports US$ 179.86 million worth of organic chemicals to Canada, which are used in the pharmaceutical, chemical, and agricultural industries.

7. Optical, Photo, Technical, and Medical Apparatus

Medical equipment and diagnostic tools are essential imports, improving healthcare infrastructure in Canada. Imports from India in this category totaled US$ 116.52 million.

8. Rubber and Plastic Products

Rubber and plastic imports, worth US$ 115.35 million and US$ 113.82 million respectively, are crucial for Canada’s automotive, packaging, and industrial applications.

9. Coffee, Tea, Mate, and Spices

Indian tea, coffee, and spices enjoy significant demand in Canada. Imports in this category reached US$ 80.21 million, highlighting the cultural influence of Indian food products.

Why Canada Imports from India

India’s diverse and cost-effective manufacturing base makes it an attractive trade partner for Canada. Here are some reasons behind Canada’s increasing imports from India:

Competitive pricing: Indian manufacturers offer high-quality products at competitive rates.

Diverse product range: India supplies a variety of goods, from pharmaceuticals to industrial machinery.

Reliable supply chain: India has a robust trade network that ensures seamless export operations.

Strategic trade policies: Canada and India share trade agreements that facilitate smooth imports.

How to Import from India to Canada: A Step-by-Step Guide

If you are a business owner or entrepreneur looking to start importing goods from India to Canada, follow these steps:

1. Create a Business Plan

A well-structured business plan helps in identifying target markets, suitable products, and regulatory requirements.

2. Choose a Warehouse

Selecting a secure and strategically located warehouse ensures efficient storage and distribution of imported goods.

3. Obtain Necessary Licenses and Permits

Ensure compliance with Canadian import regulations by acquiring licenses such as:

Business Identification Number (BIN)

Importer-Exporter Code (IEC)

GSTIN (Goods and Services Tax Identification Number)

Product-specific certifications

4. Find Reliable Indian Suppliers

Using platforms like Export Import Data and India Export Import Data, businesses can connect with reputable Indian exporters.

5. Clearance and Inspection

Once the goods arrive in Canada, they must go through customs clearance, where authorities inspect and approve the shipment after necessary duties and taxes are paid.

Top Canadian Importers of Indian Products

Several Canadian businesses import goods from India. Some of the top importers include:

20/20 Accessory Source Ltd.

Amazon.com.ca, Inc.

Canadian Tire Corporation Limited

First Chemical Limited

Belkin, Inc.

Globe Commercial Products Inc.

MPS Canada Co.

Sephora Beauty Canada, Inc.

For a complete list of importers in Canada, businesses can access Export Import Data platforms.

Final Thoughts

The list of export items from India to Canada reflects a strong trade relationship that continues to grow. From pharmaceuticals to textiles and machinery, India plays a crucial role in Canada’s import market.

For businesses looking to explore opportunities in importing clothes from India to Canada or any other goods, reliable data sources like exportimportdata provide valuable insights into trade trends and supplier connections.

Strengthening trade relations will not only benefit both economies but also create more opportunities for exporters and importers alike. Whether you are a startup, SME, or large corporation, understanding Canada’s import market is essential for business success.

[newtras]

Admin Biden Enacts 'Final Rule' on AI Export Controls, Tech World Responds

1792 Exchange CEO and former Kentucky Attorney General Daniel Cameron describes a new China Risk database and reacts to “iconic brands” cutting back on DEI initiatives. The Biden White House on Monday announced its “final rule” to impose export controls artificial intelligence (AI) chips Before President-elect Donald Trump takes office next week, it drew swift condemnation from industry leaders…

[anamseair]

https://www.seair.co.in/blog/top-trading-partners-of-china.aspx

Explore the latest insights on China's trade dynamics for 2023-24. Discover the top trading partners of China, major exports, and imports of China, along with detailed trade values. Stay informed with comprehensive China import-export data from Seair Exim Solutions.

[satrthere]

Admin Biden Enacts 'Final Rule' on AI Export Controls, Tech World Responds

1792 Exchange CEO and former Kentucky Attorney General Daniel Cameron describes a new China Risk database and reacts to “iconic brands” cutting back on DEI initiatives. The Biden White House on Monday announced its “final rule” to impose export controls artificial intelligence (AI) chips Before President-elect Donald Trump takes office next week, it drew swift condemnation from industry leaders…

[chemanalystdata]

Silica Prices: Trends, Database, and Market Outlook

Silica, also known as silicon dioxide (SiO₂), is a key industrial material widely used in various industries such as glass manufacturing, construction, electronics, and rubber production. Its market dynamics are closely linked to its diverse applications, making silica prices an essential topic of interest for manufacturers, traders, and industry stakeholders.

Silica Prices: Current Trends

In recent years, silica prices have displayed moderate fluctuations driven by shifts in demand across industries and the impact of global economic conditions. The glass industry, being a major consumer of silica, has a significant influence on its pricing. With the growing adoption of energy-efficient glass and increased construction activities, demand for high-purity silica has surged.

Get Real time Prices for Silica: https://www.chemanalyst.com/Pricing-data/silica-1304

Factors Influencing Silica Prices

Demand from End-User Industries The demand for silica in sectors like electronics, automotive, and construction drives its market price. For instance, the growing use of silica in semiconductor manufacturing and 5G infrastructure development has supported price stability despite fluctuations in other markets.

Raw Material Availability Silica is primarily extracted from quartz sand or natural quartz. The availability and mining costs of these raw materials significantly influence production costs. Any disruption in the supply chain, such as mining restrictions or transport bottlenecks, can cause price volatility.

Energy Costs Silica production, particularly for high-purity forms, is energy-intensive. Rising energy costs, including electricity and fuel prices, directly impact silica pricing. With the global push for clean energy, some silica producers are transitioning to renewable energy sources, which could stabilize costs in the long term.

Geopolitical and Trade Factors Trade policies, tariffs, and geopolitical tensions play a crucial role in the silica market. For instance, countries with abundant silica resources, such as China and the United States, influence global pricing through their production and export strategies.

Environmental Regulations Stricter environmental regulations in mining and manufacturing have raised production costs for silica. These additional costs are often passed on to consumers, resulting in higher market prices.

Future Outlook for Silica Prices

The silica market is expected to grow steadily, driven by expanding applications in green technologies, electronics, and construction. According to industry forecasts, global silica demand is set to increase at a compound annual growth rate (CAGR) of around 6% over the next five years.

Innovations in silica applications, such as its use in battery technology for electric vehicles and lightweight materials for aerospace, are anticipated to create new opportunities for producers. These emerging trends could lead to price stabilization or even growth, depending on supply chain efficiency and technological advancements.

Conclusion

Silica prices are shaped by a complex interplay of demand-supply dynamics, raw material costs, energy expenses, and regulatory influences. Stakeholders in the silica market must closely monitor these factors to make informed decisions. With its expanding industrial applications and growing emphasis on sustainability, silica is poised to remain a critical material in the global market, with prices reflecting its indispensable role in modern industry.

Contact Us:

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[heerumohannandwani]

How to Find Reliable Suppliers for Your Import/Export Business: A Step-by-Step Guide

Finding reliable suppliers is one of the most critical components for success in the import/export business. The right suppliers can ensure the quality, consistency, and timely delivery of goods, which ultimately builds trust with your customers and enhances your reputation. However, navigating the international market to find dependable suppliers requires a strategic approach to minimize risks. This guide outlines a step-by-step process to help you secure reliable suppliers for your import/export business.

Step 1: Define Your Supplier Requirements

Before beginning your search, outline what you need from a supplier. Consider factors like:

Product quality: Ensure suppliers meet your quality standards, especially if you’re targeting premium markets.

Capacity: Choose suppliers who can handle your order volume and scale with your business growth.

Location: Consider the geographic location in terms of shipping costs, lead time, and trade tariffs.

Certifications and compliance: Verify that suppliers adhere to relevant regulations, especially for food, electronics, or other regulated products.

Having clear requirements will help you shortlist suppliers more effectively.

Step 2: Leverage Online B2B Marketplaces

B2B marketplaces provide access to a wide range of international suppliers. Some of the top platforms include:

Alibaba: A global marketplace with supplier verification, allowing you to check company certifications and customer reviews.

Global Sources: Known for reliable Asian suppliers and quality control measures.

IndiaMart and TradeIndia: Especially useful if you’re sourcing from India, these platforms list many suppliers with profiles, certifications, and reviews.

When using these platforms, always filter suppliers based on high ratings, certifications, and verified customer feedback. This can give you a better sense of each supplier’s credibility.

Step 3: Connect with Export Promotion Councils and Trade Associations

Many countries have government-backed organizations that support trade and provide verified lists of local suppliers. Some key organizations to consider:

APEDA in India (for agricultural products)

Department of Commerce and Industry in various countries, which often provides databases of certified exporters.

Local Chambers of Commerce: Often have supplier directories or can connect you to reliable local businesses.

These associations typically maintain strict verification standards, so suppliers listed through them are generally more reliable.

Step 4: Attend Trade Shows and Industry Events

Attending trade shows allows you to meet suppliers face-to-face, assess their products in person, and build relationships. Some major trade shows for the import/export sector include:

Gulfood (for food and beverage products)

Canton Fair in China (for a wide range of products)

SIAL in Paris (for food and agricultural products)

These events provide a unique opportunity to see product quality firsthand, negotiate directly with suppliers, and build trust through personal interactions.

Step 5: Conduct Background Checks and Request References

After shortlisting potential suppliers, conduct thorough background checks to verify their reputation and reliability. Here’s how:

Request references: Ask for contact information of other clients they work with. Reach out to these clients to understand their experience with the supplier.

Third-party audits: Use services like SGS or Bureau Veritas to perform an on-site audit or inspect the supplier’s facilities.

Research online reviews: Look for feedback or reviews from other buyers to gain insights into the supplier’s performance and reliability.

Verifying the supplier’s background will give you a clearer picture of their operational standards and consistency.

Step 6: Check Certifications and Quality Standards

Certifications are a strong indicator of a supplier’s quality and credibility. Depending on your industry, look for specific certifications such as:

ISO 9001: Quality Management Standard.

HACCP or ISO 22000: For food safety, if you’re dealing with consumables.

Organic or Fair Trade: If sourcing organic or ethically-produced goods.

These certifications show that the supplier has been assessed by a third-party organization, which can reassure you about their quality and compliance standards.

Step 7: Request Samples and Place a Test Order

Once you have a shortlist of suppliers, request product samples to evaluate the quality and consistency. Review the samples for:

Material quality: Does it match your standards?

Workmanship: Look for consistency and attention to detail.

Packaging: Packaging should be durable and professional, especially if shipping long distances.

After reviewing the samples, place a small test order. This trial run will help you assess the supplier’s ability to fulfill orders accurately, on time, and with the agreed-upon quality.

Step 8: Negotiate Terms and Establish Clear Contracts

When you’re ready to proceed, negotiate the terms and create a formal contract to avoid any misunderstandings. Key points to address in the contract include:

Payment terms: Decide on the payment structure (e.g., 30% upfront, 70% upon delivery).

Delivery schedule: Clearly define lead times and expected delivery dates.

Quality standards: Include quality specifications and penalties for failing to meet them.

Return and refund policy: Agree on procedures for handling defective or non-compliant goods.

Having a detailed contract in place will set expectations and provide legal recourse if any issues arise.

Step 9: Monitor Supplier Performance Regularly

Building a long-term relationship with a supplier requires regular monitoring. Set up KPIs (Key Performance Indicators) to track factors like:

On-time delivery rate: Ensure the supplier consistently meets deadlines.

Quality consistency: Check that product quality remains consistent with initial standards.

Communication: Evaluate responsiveness and proactive updates from the supplier.

Regular performance assessments help identify potential issues early and strengthen the partnership.

Step 10: Diversify Your Supplier Base

Relying on a single supplier can be risky. Diversify your supplier base by establishing relationships with multiple suppliers or creating backup plans. This approach reduces the risk of supply chain disruptions and provides flexibility to respond to demand fluctuations.

Conclusion

Finding reliable suppliers for your import/export business requires diligence, research, and ongoing evaluation. By following this step-by-step guide, you can secure trustworthy suppliers, build strong partnerships, and mitigate the risks associated with global sourcing. Remember, investing time and resources in the supplier selection process will pay off in the form of consistent product quality, smoother operations, and long-term success in the competitive import/export industry.

[naveenkumarsin32]

China customs trade data | Global import export data provider

We are providing the China Shipment data for 2023. The data we provided is verified by the custom-authorized departments. Also, our database contains visual graphs which help our users to understand the data. Our users are free to download our sample data in PDF & Excel file format by clicking the link below - https://eximtradedata.com/china-import-export-data

More information about Vietnam's Exports in 2024: A Focus on Footwear and Textiles : https://globalimportexportdataprovider.blogspot.com/2024/09/vietnams-exports-in-2024-focus-on.html

[rgshgdu]

Global Coil Spring Isolator Market [2024-2030] | Market Size, Growth, Dynamics and Trends

"Coil Spring Isolator" 2024 Breakdown, Data Source, Secondary Sources, Primary Sources, Research Report delivers leading competitors strategic analysis, with micro and macro-economic factors, market trends, future growth scenarios, with pricing analysis. This report provides a holistic overview on Market Current Situations, Key Collaborations, Merger & Acquisitions along with Trending Innovations and New Business Development Policies. A detailed professional report focusing on primary and secondary growth drivers, regional segments, growth share, and geographical analysis of top key players. Coil Spring Isolator trend analysis with historical data, estimates to 2024 and Compound Annual Growth Rate (CAGR) forecast to 2030.

Top Key Players Covered in Market Report 2024-2030:Energy Suspension、Prothane Suspension Parts、MOOG、Rugged Ridge、Bonpora Parts and Components Co.,Ltd、American Performance Products, Co.、Guan Industries Co., Ltd.、Summit Racing、O'Reilly Auto Parts、Crown Automotive Short Description of the Coil Spring Isolator 2024-2030: Market Overview of Global Coil Spring Isolator: According to our latest research, the global Coil Spring Isolator looks promising in the next 6 years. As of 2024, the global Coil Spring Isolator was estimated at USD Million, and it’s anticipated to reach USD Million in 2030, with a CAGR during the forecast years. This report covers a research time span from 2019 to 2029, and presents a deep and comprehensive analysis of the global Coil Spring Isolator, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region. Global and Regional Analysis:     North America (United States, Canada and Mexico)     Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)     Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)     South America (Brazil, Argentina, Colombia, and Rest of South America)     Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Market Segmentation Coil Spring Isolator report provides an exhaustive 360-degree analysis, by utilizing both primary and secondary research techniques. The research gained comprehensive insights into current market dynamics, pricing trends, developments, supply-demand and evolving consumer behaviors.

On the basis of product type, this report displays the production, revenue, price, market

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each

Inquire or Share Your Questions If Any before Purchasing This Report https://www.globalinforesearch.com/contact-us Our method for estimating market size is holistic and multifaceted. We assess vital industry trends, regulatory landscapes, and segment-specific dynamics, evaluating their potential influence on demand projections. Key macroeconomic factors, including price fluctuations, demographic shifts, and changes in demand patterns, are integrated into our calculations. To discover market value, we not only delve deep into the profiles of prominent players and their global market shares but also rely on our frequently updated internal database, enriched with insights and announcements from pivotal market stakeholders.

Some of the Key Questions Answered in this Report:

What is the Coil Spring Isolator size at the regional and country level

What are the key drivers, restraints, opportunities, and challenges of the Coil Spring Isolator, and how they are expected to impact the market

What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) sales value, production value, consumption value, import and export of Coil Spring Isolator

Who are the global key manufacturers of the Coil Spring Isolator? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)

What are the Coil Spring Isolator opportunities and threats faced by the vendors in the Coil Spring Isolator?

Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

What focused approach and constraints are holding the Coil Spring Isolator?

What are the different sales, marketing, and distribution channels in the global industry?

What are the key market trends impacting the growth of the Coil Spring Isolator?

Economic Impact on the Coil Spring Isolator and development trend of the Coil Spring Isolator

What are the Coil Spring Isolator opportunities, market risk, and market overview of the Coil Spring Isolator

The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Hydrogen Bromide product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Hydrogen Bromide, with price, sales, revenue and global market share of Hydrogen Bromide from 2019 to 2024. Chapter 3, the Hydrogen Bromide competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Hydrogen Bromide breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Coil Spring Isolator forecast, by regions, type and application, with sales and revenue, from 2025 to 2030. Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis. Chapter 13, the key raw materials and key suppliers, and industry chain of Hydrogen Bromide. Chapter 14 and 15, to describe Hydrogen Bromide sales channel, distributors, customers, research findings and conclusion. Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

[exportersworlds1]

5 Best B2B Marketplace in World to success in 2024 

In an increasingly interconnected global market, business-to-business (B2B) marketplaces have become essential platforms for exporters looking to expand their reach and boost their sales. With the right B2B marketplace, exporters can tap into new markets, find reliable partners, and streamline their operations. Here are the 5  best B2B marketplaces in USA that exporters should consider to achieve success in 2024.

1. Exporter worlds

Overview

Exporters worlds is one of the largest and most well-known B2B marketplaces globally. It offers a platform where millions of suppliers and buyers from around the world can connect and conduct business.

Key Features

 Extensive global reach with millions of registered buyers.

 Advanced search and filtering options to find specific products and suppliers.

Comprehensive trade assurance and secure payment options to ensure safe transactions.

Access to a wide range of industries, making it ideal for exporters of diverse products.

Why It's Great for Exporters worlds

Exporters worlds provides exporters worlds with unparalleled access to international markets and a vast customer base. The platform's robust support services, including trade assurance and logistics solutions, help exporters worlds  manage risks and ensure smooth operations.

2. Global Sources

Global Sources is a Hong Kong-based international B2B marketplace for Buyers and suppliers that connects suppliers with buyers from around the world. It is particularly known for its focus on high-quality electronics, fashion, and home products.

Strong presence in Asia, especially in China, offering a wealth of suppliers.

Comprehensive buyer verification process to ensure credibility.

 Regularly held trade shows that allow exporters to showcase their products to global buyers.

 Detailed supplier profiles and product information to facilitate informed decision-making.

 3. ThomasNet

ThomasNet is a leading North American B2B Portal for Import Export that caters primarily to industrial and manufacturing sectors. It connects buyers with suppliers of industrial products, components, and services.

Extensive database of verified suppliers specializing in industrial and manufacturing sectors.

Detailed product catalogs and supplier profiles to facilitate precise sourcing.

 Free platform access for buyers, making it attractive to a broad audience.

Industry-specific content and resources to help exporters stay informed about market trends.

 4. IndiaMART

IndiaMART is one of the International B2B Portal in India, connecting millions of buyers and suppliers. It serves a wide range of industries, from agriculture to electronics and textiles.

Strong focus on the Indian market with a vast network of suppliers and buyers.

Easy-to-use interface with advanced search and communication tools.

 Verified supplier listings to ensure credibility and trust.

Mobile app availability for convenient access and communication on the go.

 5. TradeIndia

TradeIndia is another prominent B2B marketplace based in India, offering a platform for exporters and importers to connect. It covers a wide range of industries, including electronics, textiles, and machinery.

Comprehensive directory of suppliers and buyers across various industries.

Verified listings and detailed product catalogs for informed sourcing.

Trade shows and virtual events to facilitate direct interactions between exporters and buyers.

Support services such as trade finance and logistics assistance.

 Conclusion

Choosing the right B2B Portal in USA can significantly impact an exporter’s success in the global market. Platforms like Exporters worlds offer diverse features and extensive networks that can help exporters find new opportunities, connect with reliable partners, and grow their businesses in 2024. By leveraging these marketplaces, exporters can navigate the complexities of international trade and achieve their business goals.