Book-binding Machines in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $68.2M in Book-binding Machines, making it the 4th largest exporter of Book-binding Machines in the world. At the same year, Book-binding Machines was the 921st most exported product in China. The main destination of Book-binding Machines exports from China are: United States ($16.4M), Vietnam ($5.08M), Italy ($2.97M), Germany ($2.48M), and Malaysia ($2.14M).

The fastest growing export markets for Book-binding Machines of China between 2021 and 2022 were Vietnam ($1.28M), Malaysia ($977k), and India ($865k).

Imports In 2022, China imported $41.9M in Book-binding Machines, becoming the 4th largest importer of Book-binding Machines in the world. At the same year, Book-binding Machines was the 813th most imported product in China. China imports Book-binding Machines primarily from: Germany ($18.6M), Belgium ($4.33M), Japan ($3.9M), Italy ($3.73M), and China ($1.81M).

The fastest growing import markets in Book-binding Machines for China between 2021 and 2022 were Belgium ($2.8M), Netherlands ($517k), and Singapore ($360k).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (348), WOODSTREAM CORP (54), and MELISSA & DOUG, LLC (51) were at the forefront of shipping Book-binding Machines from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Book-binding Machines exports accounted up to $3.71M and imports accounted up to $704k, resulting in a positive trade balance of $3.01M. Between February 2023 and February 2024 the exports of China's Book-binding Machines have increased by $1.5M (67.8%) from $2.21M to $3.71M, while imports decreased by $-930k (-56.9%) from $1.63M to $704k.

Destinations In February 2024, Book-binding Machines were exported mostly to Japan ($922k), United States ($405k), Russia ($222k), Thailand ($194k), and Georgia ($148k), and were imported mostly from Japan ($330k), Switzerland ($133k), Belgium ($88.5k), China ($54.4k), and Italy ($54.1k).

Growth In February 2024, the increase in Book-binding Machines's year-by-year exports was explained primarily by an increase in exports to Indonesia ($337k or 189%), Malaysia ($307k or 374%), and Singapore ($279k or 2.23k%). In February 2024, the decrease in Book-binding Machines's year-by-year imports was explained primarily by a decrease in imports from Japan ($-572k or -84.3%), Switzerland ($-209k or -45.8%), and China ($-205k or -61.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$1.5M(67.8%)

IMPORT GROWTH (February 2023 - February 2024)$-930k(-56.9%)

MAIN EXPORTER (February 2024)Guangdong Province$2.5M

MAIN DESTINATION (February 2024)Japan$922k

This section shows Book-binding Machines'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 Book-binding Machines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$68.2M

IMPORTS (2022)$41.9M

NET TRADE (2022)$26.4M

In 2022, China exported $68.2M in Book-binding Machines. The main destinations of China exports on Book-binding Machines were United States ($16.4M), Vietnam ($5.08M), Italy ($2.97M), Germany ($2.48M), and Malaysia ($2.14M).

In 2022, China imported $41.9M in Book-binding Machines, mainly from Germany ($18.6M), Belgium ($4.33M), Japan ($3.9M), Italy ($3.73M), and China ($1.81M).

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