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2022
Exports $32.4MWorld Rnk 6 / 118
Flag Rnk 999 / 1216
2022
Destination $776k Norway
2021 - 2022
FASTEST GROWING MARKET $776kTunisia
2022
Imports $5.92MWorld Rnk 15 / 174
Flag Rnk 1063 / 1212
2022
Origin $344k Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $344kUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $32.4M in Retail Wool or Animal Hair Yarn, making it the 6th largest exporter of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 999th most exported product in China. The main destination of Retail Wool or Animal Hair Yarn exports from China are: Norway ($6.81M), Japan ($2.52M), Hong Kong ($2.32M), Denmark ($1.87M), and New Zealand ($1.61M).

The fastest growing export markets for Retail Wool or Animal Hair Yarn of China between 2021 and 2022 were Tunisia ($776k), Russia ($734k), and Italy ($295k).

Imports In 2022, China imported $5.92M in Retail Wool or Animal Hair Yarn, becoming the 15th largest importer of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 1063rd most imported product in China. China imports Retail Wool or Animal Hair Yarn primarily from: Chinese Taipei ($2.06M), Italy ($1.09M), Germany ($623k), Japan ($536k), and United States ($429k).

The fastest growing import markets in Retail Wool or Animal Hair Yarn for China between 2021 and 2022 were United States ($344k), Hong Kong ($197k), and Japan ($92.9k).

COMPANIES In 2023, leading companies such as CrimsonLogic (2) and Walmart (1) were at the forefront of shipping Retail Wool or Animal Hair Yarn from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Retail Wool or Animal Hair Yarn exports accounted up to $2.11M and imports accounted up to $136k, resulting in a positive trade balance of $1.98M. Between July 2023 and July 2024 the exports of China's   Retail Wool or Animal Hair Yarn have decreased by $-464k (-18%) from $2.58M to $2.11M, while imports increased by $16.3k (13.7%) from $119k to $136k.

Destinations In July 2024, Retail Wool or Animal Hair Yarn were exported mostly to Norway ($994k), New Zealand ($163k), United States ($158k), Russia ($122k), and Japan ($117k), and were imported mostly from Italy ($41.1k), Ireland ($23.5k), Japan ($19.3k), Germany ($15.6k), and Peru ($11.6k).

Growth In July 2024, the decrease in Retail Wool or Animal Hair Yarn's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-474k or -99%), Norway ($-177k or -49.4%), and Chile ($-146k or -100%). In July 2024, the increase in Retail Wool or Animal Hair Yarn's year-by-year imports was explained primarily by an increase in imports from Peru ($43.8k or 391%), Germany ($37.9k or 584%), and United Kingdom ($373 or 34.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-464k(-18%)
IMPORT GROWTH (July 2023 - July 2024)$16.3k(13.7%)
MAIN EXPORTER (July 2024)Shanghai Province$638k
MAIN DESTINATION (July 2024)Norway$994k

This section shows Retail Wool or Animal Hair 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 Retail Wool or Animal Hair Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.4M
IMPORTS (2022)$5.92M
NET TRADE (2022)$26.5M

In 2022, China exported $32.4M in Retail Wool or Animal Hair Yarn. The main destinations of China exports on Retail Wool or Animal Hair Yarn were Norway ($6.81M), Japan ($2.52M), Hong Kong ($2.32M), Denmark ($1.87M), and New Zealand ($1.61M).

In 2022, China imported $5.92M in Retail Wool or Animal Hair Yarn, mainly from Chinese Taipei ($2.06M), Italy ($1.09M), Germany ($623k), Japan ($536k), and United States ($429k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Wool or Animal Hair Yarn EXPORT MARKETS FOR China WERE (2021 - 2022):
Tunisia$776k (1%)
Russia$734k (115%)
Italy$295k (43.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Wool or Animal Hair Yarn BY China WERE (2021 - 2022):
Kyrgyzstan-$6.52M (-94.5%)
Norway-$6.5M (-48.8%)
Thailand-$2.24M (-89.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Retail Wool or Animal Hair Yarn were:
Italy $88.1M
Peru $58.9M
Germany $35.4M
In 2022, China's main importing competitors in Retail Wool or Animal Hair Yarn were:
Germany $72.4M
Norway $53.7M
United States $41.8M

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Trade Value of Retail Wool or Animal Hair Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $760k
TOP IMPORT POTENTIALItaly+ $328k

Retail Wool or Animal Hair Yarn’s highest export potential is United States. With an export gap of $760k.   Retail Wool or Animal Hair Yarn’s highest import potential is Italy with an import gap of $328k.

See methodology.

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