The Top 10 Chinese Export Manufacturing Industries

Based on an analysis of over 280 Chinese industries, the following information is based on data from IBIS World.

1. Mobile Phones

Mobile phone revenue in China is on track to total $279.3 billion over the five years up to 2022, which includes anticipated growth of 5.6% in 2022. While demand for 4G mobile phones has reached saturation point, 5G devices are significantly increasing sales volumes.

2. Integrated Circuiting

China remains the world’s biggest and fastest-growing circuit market. The market has grown by 11.7% in 2022. Demand for integrated circuits in industrial equipment, electronics, and communication networks has contributed to market growth.

3. Smartphones

The expected revenue increase for smartphones is 5.2%, mainly because of the demand for mobile phone upgrades. Smartphone demand has increased with the development and popularity of 4G and 5G technology. Pricing has become more competitive as demand increases.

4. Computers

China dominates global computer production, with high demand from domestic and world markets. Demand for 2022 is on target to be 3.1%. There was a decline between 2014 and 2016 as both domestic and global markets showed signs of saturation. However, as foreign capital investment increased and production capacity grew, this trend largely receded.

5. Computer Components and Peripherals

Components and peripherals production has slowed recently due in part to competition and lower pricing. Laptops are now more popular than desktop computers, which has added to the slowdown in growth. The industry expects growth of 1.6% in 2022.

6. Building Construction

With around 35,700 construction companies in China, the building construction industry has averaged a growth of 4.9% per year in the last five years. In 2022, industry growth is due to be 5.5%.

7. Steel Rolling

In 2021, Steel Rolling industry revenue rose by 28.4% to reach $1.3 trillion. The past five years have seen annual growth of 7.5%. Related industries such as vehicle manufacturing and real estate development have seen attendant rises in demand.

8. Software Development

The software industry continues to grow steadily, anticipating a growth of 7.2% in 2022. The Chinese government has supported software industry development with its 13th Five-Year Plan from 2016 – 2020. High demand and competitive pricing continue to strengthen industry performance.

9. Engineering

Engineering services revenue in China is on track to $1.1 billion in 2022, 7% up from 2021. Government reforms in technology related to engineering have helped aid industry growth.Due to a slowdown in building and engineering construction in 2022, this represents a 0.5% drop in annualized growth.

10. Clothing Manufacturers China

Despite a strong performance from 2015 to 2019, the clothing industry is now decreasing at 0.8% per year. 2022 is due to worsen, with a 3.2% reduction. Specialist clothing has become more mainstream; the clothing market is experiencing saturation.

To find a manufacturer that best suits your company’s needs, see how to find a Chinese factory.

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