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2022
Exports $104MWorld Rnk 2 / 98
Flag Rnk 865 / 1216
2022
Destination $7.97M Bangladesh
2021 - 2022
FASTEST GROWING MARKET $7.97MBangladesh
2022
PRODUCT COMPLEXITY IN Non-Retail Carded Wool Yarn-0.16Rnk 600 / 1025
2022
Imports $14.1MWorld Rnk 14 / 145
Flag Rnk 960 / 1212
2022
Origin $1.4M Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.4MSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $104M in Non-Retail Carded Wool Yarn, making it the 2nd largest exporter of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 865th most exported product in China. The main destination of Non-Retail Carded Wool Yarn exports from China are: Bangladesh ($17.5M), Vietnam ($17.2M), Hong Kong ($12.3M), Thailand ($11.8M), and Japan ($10.5M).

The fastest growing export markets for Non-Retail Carded Wool Yarn of China between 2021 and 2022 were Bangladesh ($7.97M), Mongolia ($2.54M), and Japan ($2.49M).

Imports In 2022, China imported $14.1M in Non-Retail Carded Wool Yarn, becoming the 14th largest importer of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 960th most imported product in China. China imports Non-Retail Carded Wool Yarn primarily from: Italy ($5.21M), South Korea ($4.69M), China ($1.46M), Japan ($846k), and Hong Kong ($402k).

The fastest growing import markets in Non-Retail Carded Wool Yarn for China between 2021 and 2022 were South Korea ($1.4M), Iceland ($116k), and Japan ($99.3k).

COMPANIES In 2023, leading companies such as CrimsonLogic (1) were at the forefront of shipping Non-Retail Carded Wool Yarn from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Non-Retail Carded Wool Yarn exports accounted up to $7.67M and imports accounted up to $1.83M, resulting in a positive trade balance of $5.84M. Between July 2023 and July 2024 the exports of China's   Non-Retail Carded Wool Yarn have increased by $188k (2.51%) from $7.48M to $7.67M, while imports decreased by $-92.7k (-4.81%) from $1.93M to $1.83M.

Destinations In July 2024, Non-Retail Carded Wool Yarn were exported mostly to Bangladesh ($2M), Vietnam ($1.73M), Cambodia ($585k), Hong Kong ($466k), and Madagascar ($389k), and were imported mostly from Italy ($828k), South Korea ($350k), China ($281k), Japan ($140k), and United Kingdom ($111k).

Growth In July 2024, the increase in Non-Retail Carded Wool Yarn's year-by-year exports was explained primarily by an increase in exports to Thailand ($1.33M or 542%), Madagascar ($561k or 52.8%), and United Kingdom ($213k or 4.52k%). In July 2024, the decrease in Non-Retail Carded Wool Yarn's year-by-year imports was explained primarily by a decrease in imports from China ($-55.8k or -15.8%), United Kingdom ($-33.6k or -92.1%), and Japan ($-1.94k or -30.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$188k(2.51%)
IMPORT GROWTH (July 2023 - July 2024)$-92.7k(-4.81%)
MAIN EXPORTER (July 2024)Zhejiang Province$5.47M
MAIN DESTINATION (July 2024)Bangladesh$2M

This section shows Non-Retail Carded Wool Yarn's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Non-Retail Carded Wool Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$104M
IMPORTS (2022)$14.1M
NET TRADE (2022)$90M

In 2022, China exported $104M in Non-Retail Carded Wool Yarn. The main destinations of China exports on Non-Retail Carded Wool Yarn were Bangladesh ($17.5M), Vietnam ($17.2M), Hong Kong ($12.3M), Thailand ($11.8M), and Japan ($10.5M).

In 2022, China imported $14.1M in Non-Retail Carded Wool Yarn, mainly from Italy ($5.21M), South Korea ($4.69M), China ($1.46M), Japan ($846k), and Hong Kong ($402k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Carded Wool Yarn EXPORT MARKETS FOR China WERE (2021 - 2022):
Bangladesh$7.97M (83.4%)
Mongolia$2.54M (252%)
Japan$2.49M (31%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Carded Wool Yarn BY China WERE (2021 - 2022):
Hong Kong-$28.2M (-69.5%)
China-$2.59M (-63.9%)
Nepal-$1.5M (-49.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Non-Retail Carded Wool Yarn were:
Italy $159M
Lithuania $75.5M
In 2022, China's main importing competitors in Non-Retail Carded Wool Yarn were:
United Kingdom $71.9M
Hong Kong $41.9M
Netherlands $27.1M

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Trade Value of Non-Retail Carded Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $821k
TOP IMPORT POTENTIALItaly+ $261k

Non-Retail Carded Wool Yarn’s highest export potential is Vietnam. With an export gap of $821k.   Non-Retail Carded Wool Yarn’s highest import potential is Italy with an import gap of $261k.

See methodology.

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