Knives in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $1.87B in Knives, making it the 1st largest exporter of Knives in the world. At the same year, Knives was the 307th most exported product in China. The main destination of Knives exports from China are: United States ($630M), Germany ($112M), Netherlands ($92.8M), Canada ($63.8M), and France ($60M).

The fastest growing export markets for Knives of China between 2021 and 2022 were France ($14.5M), Netherlands ($14.1M), and United Arab Emirates ($13.3M).

Imports In 2022, China imported $29M in Knives, becoming the 23rd largest importer of Knives in the world. At the same year, Knives was the 871st most imported product in China. China imports Knives primarily from: Germany ($6.18M), Japan ($6.06M), United States ($3.34M), Switzerland ($2.84M), and Chinese Taipei ($2.38M).

The fastest growing import markets in Knives for China between 2021 and 2022 were Germany ($447k), Hong Kong ($394k), and United Arab Emirates ($384k).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (3.92k), AMAZON SERVICES LLC (1.28k), and CONAIR CORPORATION (784) were at the forefront of shipping Knives from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Knives exports accounted up to $92.6M and imports accounted up to $1.4M, resulting in a positive trade balance of $91.2M. Between February 2023 and February 2024 the exports of China's Knives have increased by $36.5M (64.9%) from $56.2M to $92.6M, while imports decreased by $-494k (-26.1%) from $1.89M to $1.4M.

Destinations In February 2024, Knives were exported mostly to United States ($29.6M), Germany ($4.81M), United Kingdom ($4.73M), Russia ($3.79M), and Netherlands ($3.41M), and were imported mostly from Japan ($615k), Switzerland ($304k), Germany ($194k), India ($46.8k), and United States ($45.7k).

Growth In February 2024, the increase in Knives's year-by-year exports was explained primarily by an increase in exports to Egypt ($2.22M or 184%), Mexico ($1.05M or 42.8%), and Portugal ($499k or 353%). In February 2024, the decrease in Knives's year-by-year imports was explained primarily by a decrease in imports from Germany ($-386k or -76.9%), United States ($-257k or -56.2%), and China ($-131k or -53.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$36.5M(64.9%)

IMPORT GROWTH (February 2023 - February 2024)$-494k(-26.1%)

MAIN EXPORTER (February 2024)Guangdong Province$76M

MAIN DESTINATION (February 2024)United States$29.6M

This section shows Knives'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 Knives over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.87B

IMPORTS (2022)$29M

NET TRADE (2022)$1.84B

In 2022, China exported $1.87B in Knives. The main destinations of China exports on Knives were United States ($630M), Germany ($112M), Netherlands ($92.8M), Canada ($63.8M), and France ($60M).

In 2022, China imported $29M in Knives, mainly from Germany ($6.18M), Japan ($6.06M), United States ($3.34M), Switzerland ($2.84M), and Chinese Taipei ($2.38M).

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