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Pricing

2022
Exports $1.11BWorld Rnk 1 / 195
Flag Rnk 413 / 1216
2022
Destination $39.9M United States
2021 - 2022
FASTEST GROWING MARKET $39.9MUnited States
2022
PRODUCT COMPLEXITY IN Iron Gas Containers-0.017Rnk 552 / 1025
2022
Imports $93.6MWorld Rnk 11 / 217
Flag Rnk 666 / 1212
2022
Origin $3.15M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $3.15MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.11B in Iron Gas Containers, making it the 1st largest exporter of Iron Gas Containers in the world. At the same year, Iron Gas Containers was the 413th most exported product in China. The main destination of Iron Gas Containers exports from China are: United States ($118M), India ($46.5M), Nigeria ($45.8M), South Korea ($38.7M), and Japan ($38.5M).

The fastest growing export markets for Iron Gas Containers of China between 2021 and 2022 were United States ($39.9M), Angola ($30.6M), and Japan ($14.9M).

Imports In 2022, China imported $93.6M in Iron Gas Containers, becoming the 11th largest importer of Iron Gas Containers in the world. At the same year, Iron Gas Containers was the 666th most imported product in China. China imports Iron Gas Containers primarily from: South Korea ($31.4M), United States ($17.6M), Japan ($9.02M), Germany ($4.38M), and United Arab Emirates ($4.24M).

The fastest growing import markets in Iron Gas Containers for China between 2021 and 2022 were United States ($3.15M), Japan ($3M), and United Arab Emirates ($2.38M).

COMPANIES In 2023, leading companies such as Walmart (10) and Costco Wholesale (3) were at the forefront of shipping Iron Gas Containers from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Iron Gas Containers exports accounted up to $131M and imports accounted up to $8.24M, resulting in a positive trade balance of $123M. Between July 2023 and July 2024 the exports of China's   Iron Gas Containers have increased by $27.4M (26.4%) from $104M to $131M, while imports increased by $3.3M (66.8%) from $4.94M to $8.24M.

Destinations In July 2024, Iron Gas Containers were exported mostly to Belgium ($20.5M), United States ($14.9M), Ghana ($7.45M), Nigeria ($7.24M), and India ($4.61M), and were imported mostly from South Korea ($4.26M), Japan ($1.49M), United States ($1.41M), United Kingdom ($499k), and Germany ($223k).

Growth In July 2024, the increase in Iron Gas Containers's year-by-year exports was explained primarily by an increase in exports to Nigeria ($4.39M or 186%), South Africa ($3.33M or 432%), and United States ($3.08M or 38.4%). In July 2024, the increase in Iron Gas Containers's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($220k or 24.3%), South Korea ($78.8k or 2.22%), and Czechia ($13.3k or 187%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$27.4M(26.4%)
IMPORT GROWTH (July 2023 - July 2024)$3.3M(66.8%)
MAIN EXPORTER (July 2024)Jiangsu Province$45.8M
MAIN DESTINATION (July 2024)Belgium$20.5M

This section shows Iron Gas Containers'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 Iron Gas Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.11B
IMPORTS (2022)$93.6M
NET TRADE (2022)$1.02B

In 2022, China exported $1.11B in Iron Gas Containers. The main destinations of China exports on Iron Gas Containers were United States ($118M), India ($46.5M), Nigeria ($45.8M), South Korea ($38.7M), and Japan ($38.5M).

In 2022, China imported $93.6M in Iron Gas Containers, mainly from South Korea ($31.4M), United States ($17.6M), Japan ($9.02M), Germany ($4.38M), and United Arab Emirates ($4.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Gas Containers EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$39.9M (51%)
Angola$30.6M (12.3k%)
Japan$14.9M (63.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Gas Containers BY China WERE (2021 - 2022):
South Korea-$38.8M (-50.1%)
Burma-$27.2M (-84.6%)
Philippines-$25.1M (-41.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Iron Gas Containers were:
United States $380M
Turkey $289M
In 2022, China's main importing competitors in Iron Gas Containers were:
United States $658M
Germany $335M
Canada $200M

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Trade Value of Iron Gas Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.7M
TOP IMPORT POTENTIALUnited States+ $3.7M

Iron Gas Containers’s highest export potential is United States. With an export gap of $27.7M.   Iron Gas Containers’s highest import potential is United States with an import gap of $3.7M.

See methodology.

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