Fastest Growing Industries by Imports in China in 2025

1. Aircraft Manufacturing in China

Growth in Imports for 2025: 18.0%

Revenue for the Aircraft Manufacturing industry is expected to increase at a CAGR of 7.3% over the five years through 2023. Revenue is set to increase by 15.8% in 2023, to an estimated $95.7 billion.

Over the period, demand from domestic airlines has increased for aircraft and repair services, and from the government for military and national defense aircraft. Additionally, the government has increasingly provided support for Chinese aircraft manufacturers to research, develop and build large aircraft. In December 2022, the first domestically produced large aircraft C919 was officially delivered and will be put into operation in 2023. As of April... Learn More

2. Chinese Medicinal Herb Growing in China

Growth in Imports for 2025: 17.1%

As the production raw materials in the upstream of the industry chain, Chinese Medicinal Herb Growing in China is the basis for the development of the traditional Chinese medicine industry. China began the cultivation and planting of Chinese medicinal herbs as early as the Tang Dynasty. The Qing Dynasty began large-scale cultivation of Chinese medicinal herbs. However, the large-scale cultivation of many varieties began in the 1950s.

Some varieties of Chinese medicinal herbs have reached the stage of large-scale, intensive and industrialized cultivation base production. China is one of the largest growing and consumer countries of ginseng and pseudo-ginseng in... Learn More

3. Poultry Farming in China

Growth in Imports for 2025: 16.4%

Revenue for the Poultry Farming industry in China is expected to grow at an annualized 5.2% over the five years through 2023, to $135.2 billion. This steady growth has occurred due to rising poultry prices and output growth. Total poultry meat output is expected to increase by 3.2% in 2023, to 25.2 million tons, while revenue is set to grow by 5.4%. For a typical poultry farm, feed and poultry prices largely determine returns.

Profitability can vary significantly among establishments and across different regions. ACMR-IBISWorld estimates the industry's overall profit margin to be 13.0% in 2023.

Revenue is forecast to rise at... Learn More

4. Computer Tablet Manufacturing in China

Growth in Imports for 2025: 16.1%

Revenue for the Computer Tablet Manufacturing industry in China is expected to rise at an annualized 12.2% over the five years through 2023. In the current year, revenue is expected to grow by 14.7% to reach $124.2 billion, mainly driven by demand for more and more people who work or study at home because of COVID-19 pandemic prevention and control requirements. Despite ongoing revenue growth, profit is expected to shrink to 3.1% of revenue. Exports are estimated to account for 31.8% of industry revenue.

The top four companies in the industry, Apple, Samsung, Lenovo and Huawei, account for an estimated 65.8%... Learn More

5. Mattress Manufacturing in China

Growth in Imports for 2025: 11.8%

The Mattress Manufacturing industry in China has fluctuated over the past five years. The increasing income levels, health concerns of Chinese residents, the COVID-19 pandemic, the housing market, and other factors have influenced the industry development. Industry revenue is expected to total $31.4 billion in 2023, down 2.2% from 2022, having grown by an annualized 2.3% over the past five years. Industry profit is accounted for 4.9% of revenue in 2023, which have been squeezed by increasing raw material prices and labor costs.

Industry exports are estimated to account for $2.0 billion in 2023, up by 5.4% from 2022, down by... Learn More

6. Cigarette Manufacturing in China

Growth in Imports for 2025: 10.6%

Revenue for the Cigarette Manufacturing industry in China has grown at an annualized 3.6% over the five years through 2023. Despite the recent slowdown in China's economy, a strict tobacco control policy is expected to drive a 1.0% increase in cigarette production output and a 2.6% growth in industry revenue in the current year, to total $220.9 billion. However, due to stable overall demand for cigarettes, the weaker global economy at the start of the period had very little effect on the industry.

The State Council implements national monopoly on tobacco. Industry operators produce cigarette products according to the total output... Learn More

7. Fruit and Nut Growing in China

Growth in Imports for 2025: 10.5%

China is the world's largest producer of fruits, with a total output of 309.6 million tons and a planting area of 133.1 billion square meters in 2023. Revenue for the Fruit and Nut Growing industry in China is expected to rise at an annualized 8.8% over the five years through 2023, to reach $40.0 billion. This growth includes a 7.7% increase in 2023. Rising domestic demand and expanding fruit varieties have benefited the industry's development.

The industry has been consolidating, with enterprise numbers expected to decline. Entering and exiting the industry is difficult because most fruit and nut trees require up... Learn More

8. Vegetable, Fruit and Nut Processing in China

Growth in Imports for 2025: 10.2%

Revenue for the Vegetable, Fruit and Nut Processing industry in China is expected to grow an annualized 6.0% over the five years through 2023, to total $154.6 billion. This trend includes expected growth of 5.7% in 2023. Increasing health consciousness among consumers, and frequently revised product quality requirements have driven industry development. The number of enterprises is expected to grow an annualized 5.0% over the five years through 2023. Most industry companies are small and operate at a regional level, which is reflected in the industry's low concentration.

Consumers have higher requirements for product quality and taste thanks to higher living... Learn More

9. Aluminum Ore Mining in China

Growth in Imports for 2025: 9.6%

China's Aluminum Ore Mining industry's revenue is expected to increase an annualized 0.4% to $7.0 billion over the five years through to 2023, including 1.7% in 2023 alone when profit margins will increase to 8.4%. Slowdowns across downstream industries in China have limited industry revenue growth over the past five years. However, China remains the largest producer and consumer of aluminum globally, supporting local demand for aluminum ore. China's economy grew steadily in 2021, benefiting from its COVID-19 pandemic prevention and control, supporting Aluminium Ore Mining industry demand.

Market demand for alumina has increased. Factors like tight aluminum ore... Learn More

10. Mobile Phone Manufacturing in China

Growth in Imports for 2025: 9.6%

Industry revenue for the Mobile Phone Manufacturing industry is expected to increase an annualized 3.7% over the five years through 2023, to total $293.2 billion. This trend includes anticipated 3.7% growth in 2023. The industry developed rapidly from 2013 to 2016 due to the popularity of 4G mobile phones. However, the industry's expansion has since slowed as the 4G mobile phone market has reached saturation. China's 5G commercial licenses have been issued in 2019, and 5G mobile phones are projected to significantly expand sales volumes.

Many companies have expanded into overseas markets to benefit from economies of scale. With the advantage... Learn More