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2022
Exports $262MWorld Rnk 2 / 121
Flag Rnk 707 / 1216
2022
Destination $27.5M Indonesia
2021 - 2022
FASTEST GROWING MARKET $27.5MIndonesia
2022
PRODUCT COMPLEXITY IN Combed Wool or Animal Hair Fabric0.42Rnk 397 / 1025
2022
Imports $207MWorld Rnk 1 / 169
Flag Rnk 507 / 1212
2022
Origin $7.11M Italy
2021 - 2022
FASTEST GROWING ORIGIN $7.11MItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $262M in Combed Wool or Animal Hair Fabric, making it the 2nd largest exporter of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 707th most exported product in China. The main destination of Combed Wool or Animal Hair Fabric exports from China are: Indonesia ($64.9M), Vietnam ($37.2M), Japan ($24.5M), India ($18.8M), and Cambodia ($11.7M).

The fastest growing export markets for Combed Wool or Animal Hair Fabric of China between 2021 and 2022 were Indonesia ($27.5M), Vietnam ($14.6M), and India ($11.8M).

Imports In 2022, China imported $207M in Combed Wool or Animal Hair Fabric, becoming the 1st largest importer of Combed Wool or Animal Hair Fabric in the world. At the same year, Combed Wool or Animal Hair Fabric was the 507th most imported product in China. China imports Combed Wool or Animal Hair Fabric primarily from: Italy ($132M), Japan ($28.3M), Hong Kong ($10.9M), United Kingdom ($6.56M), and South Korea ($5.86M).

The fastest growing import markets in Combed Wool or Animal Hair Fabric for China between 2021 and 2022 were Italy ($7.11M), Ethiopia ($4.2M), and China ($3.25M).

COMPANIES In 2023, leading companies such as HP Inc (20), Walmart (6), and Panasonic (4) were at the forefront of shipping Combed Wool or Animal Hair Fabric from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Combed Wool or Animal Hair Fabric exports accounted up to $17.5M and imports accounted up to $30.5M, resulting in a negative trade balance of $13M. Between July 2023 and July 2024 the exports of China's   Combed Wool or Animal Hair Fabric have increased by $2.56M (17.1%) from $14.9M to $17.5M, while imports increased by $194k (0.64%) from $30.3M to $30.5M.

Destinations In July 2024, Combed Wool or Animal Hair Fabric were exported mostly to Indonesia ($3.34M), Vietnam ($3.3M), India ($2.3M), Japan ($1.62M), and Turkey ($628k), and were imported mostly from Italy ($21.6M), Japan ($4.91M), South Korea ($1.11M), United Kingdom ($1.05M), and Chile ($364k).

Growth In July 2024, the increase in Combed Wool or Animal Hair Fabric's year-by-year exports was explained primarily by an increase in exports to Bangladesh ($665k or 100%), Philippines ($382k or 2.61k%), and North Korea ($266k or 820%). In July 2024, the increase in Combed Wool or Animal Hair Fabric's year-by-year imports was explained primarily by an increase in imports from Italy ($442k or 4.38%), Japan ($304k or 18.4%), and South Korea ($80.9k or 93.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.56M(17.1%)
IMPORT GROWTH (July 2023 - July 2024)$194k(0.64%)
MAIN EXPORTER (July 2024)Jiangsu Province$11.8M
MAIN DESTINATION (July 2024)Indonesia$3.34M

This section shows Combed Wool or Animal Hair Fabric'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 Combed Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$262M
IMPORTS (2022)$207M
NET TRADE (2022)$55.3M

In 2022, China exported $262M in Combed Wool or Animal Hair Fabric. The main destinations of China exports on Combed Wool or Animal Hair Fabric were Indonesia ($64.9M), Vietnam ($37.2M), Japan ($24.5M), India ($18.8M), and Cambodia ($11.7M).

In 2022, China imported $207M in Combed Wool or Animal Hair Fabric, mainly from Italy ($132M), Japan ($28.3M), Hong Kong ($10.9M), United Kingdom ($6.56M), and South Korea ($5.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combed Wool or Animal Hair Fabric EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$27.5M (73.6%)
Vietnam$14.6M (64.9%)
India$11.8M (167%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combed Wool or Animal Hair Fabric BY China WERE (2021 - 2022):
Mexico-$2.35M (-50.4%)
South Africa-$545k (-28.5%)
United States-$503k (-23.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Combed Wool or Animal Hair Fabric were:
Italy $786M
United Kingdom $117M
In 2022, China's main importing competitors in Combed Wool or Animal Hair Fabric were:
Turkey $114M
Italy $114M

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Trade Value of Combed Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $6.1M
TOP IMPORT POTENTIALIndia+ $3.43M

Combed Wool or Animal Hair Fabric’s highest export potential is India. With an export gap of $6.1M.   Combed Wool or Animal Hair Fabric’s highest import potential is India with an import gap of $3.43M.

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