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Pricing

2022
Exports $698MWorld Rnk 3 / 142
Flag Rnk 836 / 4606
2022
Destination $11.6M United States
2021 - 2022
FASTEST GROWING MARKET $11.6MRussia
2022
Imports $551MWorld Rnk 4 / 188
Flag Rnk 399 / 4539
2022
Origin $15.8M Japan
2021 - 2022
FASTEST GROWING ORIGIN $15.8MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $698M in Tool plates/tips/etc, sintered metal carbide & cermet, making it the 3rd largest exporter of Tool plates/tips/etc, sintered metal carbide & cermet in the world. At the same year, Tool plates/tips/etc, sintered metal carbide & cermet was the 836th most exported product in China. The main destination of Tool plates/tips/etc, sintered metal carbide & cermet exports from China are: United States ($91.2M), Germany ($84.8M), Chinese Taipei ($65.3M), India ($65.3M), and South Korea ($61.4M).

The fastest growing export markets for Tool plates/tips/etc, sintered metal carbide & cermet of China between 2021 and 2022 were Russia ($11.6M), India ($9.35M), and South Korea ($8.89M).

Imports In 2022, China imported $551M in Tool plates/tips/etc, sintered metal carbide & cermet, becoming the 4th largest importer of Tool plates/tips/etc, sintered metal carbide & cermet in the world. At the same year, Tool plates/tips/etc, sintered metal carbide & cermet was the 399th most imported product in China. China imports Tool plates/tips/etc, sintered metal carbide & cermet primarily from: Japan ($243M), South Korea ($84.8M), Germany ($83.6M), United States ($28.7M), and Singapore ($18.5M).

The fastest growing import markets in Tool plates/tips/etc, sintered metal carbide & cermet for China between 2021 and 2022 were United States ($15.8M), Hong Kong ($3.26M), and Ireland ($2.7M).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Tool plates/tips/etc, sintered metal carbide & cermet from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Tool plates/tips/etc, sintered metal carbide & cermet exports accounted up to $56M and imports accounted up to $16.2M, resulting in a positive trade balance of $39.8M. Between July 2023 and July 2024 the exports of China's   Tool plates/tips/etc, sintered metal carbide & cermet have increased by $2.65M (4.96%) from $53.3M to $56M, while imports increased by $2.24M (16%) from $14M to $16.2M.

Destinations In July 2024, Tool plates/tips/etc, sintered metal carbide & cermet were exported mostly to N/A, and were imported mostly from Japan ($5.43M), South Korea ($4.44M), United States ($2.34M), Germany ($862k), and Luxembourg ($724k).

Growth In July 2024, the increase in Tool plates/tips/etc, sintered metal carbide & cermet's year-by-year exports was explained primarily by an increase in exports to N/A. In July 2024, the increase in Tool plates/tips/etc, sintered metal carbide & cermet's year-by-year imports was explained primarily by an increase in imports from United States ($922k or 53.8%), Ireland ($538k or 530%), and Italy ($99.1k or 151%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.65M(4.96%)
IMPORT GROWTH (July 2023 - July 2024)$2.24M(16%)
MAIN EXPORTER (July 2024)Fujian Province$12.9M

This section shows Tool plates/tips/etc, sintered metal carbide & cermet'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 Tool plates/tips/etc, sintered metal carbide & cermet over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Tool plates/tips/etc, sintered metal carbide & cermet throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$698M
IMPORTS (2022)$551M
NET TRADE (2022)$147M

In 2022, China exported $698M in Tool plates/tips/etc, sintered metal carbide & cermet. The main destinations of China exports on Tool plates/tips/etc, sintered metal carbide & cermet were United States ($91.2M), Germany ($84.8M), Chinese Taipei ($65.3M), India ($65.3M), and South Korea ($61.4M).

In 2022, China imported $551M in Tool plates/tips/etc, sintered metal carbide & cermet, mainly from Japan ($243M), South Korea ($84.8M), Germany ($83.6M), United States ($28.7M), and Singapore ($18.5M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Tool plates/tips/etc, sintered metal carbide & cermet EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$11.6M (48.3%)
India$9.35M (16.7%)
South Korea$8.89M (16.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool plates/tips/etc, sintered metal carbide & cermet BY China WERE (2021 - 2022):
China-$2.57M (-55.3%)
Belgium-$968k (-22.9%)
Belarus-$965k (-28.5%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Tool plates/tips/etc, sintered metal carbide & cermet were:
Germany $1.21B
Japan $880M
In 2022, China's main importing competitors in Tool plates/tips/etc, sintered metal carbide & cermet were:
United States $879M
Netherlands $780M
Germany $615M

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Trade Value of Tool plates/tips/etc, sintered metal carbide & cermet by Exporters

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