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2022
Exports $1.65BWorld Rnk 1 / 194
Flag Rnk 338 / 1216
2022
Destination $22.3M United States
2021 - 2022
FASTEST GROWING MARKET $22.3MGermany
2022
PRODUCT COMPLEXITY IN Wood Ornaments-0.4Rnk 674 / 1025
2022
Imports $30.8MWorld Rnk 14 / 217
Flag Rnk 857 / 1212
2022
Origin $3.15M France
2021 - 2022
FASTEST GROWING ORIGIN $3.15MFrance
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.65B in Wood Ornaments, making it the 1st largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 338th most exported product in China. The main destination of Wood Ornaments exports from China are: United States ($763M), Germany ($131M), Netherlands ($89.8M), Japan ($71.4M), and United Kingdom ($66.4M).

The fastest growing export markets for Wood Ornaments of China between 2021 and 2022 were Germany ($22.3M), Italy ($13.7M), and France ($11.6M).

Imports In 2022, China imported $30.8M in Wood Ornaments, becoming the 14th largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 857th most imported product in China. China imports Wood Ornaments primarily from: France ($6.83M), Japan ($5.65M), Switzerland ($3.98M), China ($3.71M), and Vietnam ($2.83M).

The fastest growing import markets in Wood Ornaments for China between 2021 and 2022 were France ($3.15M), Japan ($2M), and China ($276k).

COMPANIES In 2023, leading companies such as CrimsonLogic (502), Itourscm (214), and IKEA Group (164) were at the forefront of shipping Wood Ornaments from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Wood Ornaments exports accounted up to $104M and imports accounted up to $1.38M, resulting in a positive trade balance of $102M. Between July 2023 and July 2024 the exports of China's   Wood Ornaments have decreased by $-22.8M (-18%) from $127M to $104M, while imports decreased by $-963k (-41.1%) from $2.35M to $1.38M.

Destinations In July 2024, Wood Ornaments were exported mostly to United States ($39.2M), Germany ($9.16M), Netherlands ($8.13M), United Kingdom ($4.95M), and France ($4.91M), and were imported mostly from France ($282k), Italy ($275k), Vietnam ($204k), India ($105k), and China ($95k).

Growth In July 2024, the decrease in Wood Ornaments's year-by-year exports was explained primarily by a decrease in exports to United States ($-24.1M or -29.8%), Germany ($-4.69M or -42.3%), and Netherlands ($-3.81M or -32.4%). In July 2024, the decrease in Wood Ornaments's year-by-year imports was explained primarily by a decrease in imports from France ($-2.16M or -93.9%), China ($-1.21M or -92.8%), and Vietnam ($-318k or -70.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-22.8M(-18%)
IMPORT GROWTH (July 2023 - July 2024)$-963k(-41.1%)
MAIN EXPORTER (July 2024)Zhejiang Province$40M
MAIN DESTINATION (July 2024)United States$39.2M

This section shows Wood Ornaments'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 Wood Ornaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.65B
IMPORTS (2022)$30.8M
NET TRADE (2022)$1.62B

In 2022, China exported $1.65B in Wood Ornaments. The main destinations of China exports on Wood Ornaments were United States ($763M), Germany ($131M), Netherlands ($89.8M), Japan ($71.4M), and United Kingdom ($66.4M).

In 2022, China imported $30.8M in Wood Ornaments, mainly from France ($6.83M), Japan ($5.65M), Switzerland ($3.98M), China ($3.71M), and Vietnam ($2.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$22.3M (20.5%)
Italy$13.7M (59%)
France$11.6M (27.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY China WERE (2021 - 2022):
United States-$33.2M (-4.16%)
Malaysia-$9.52M (-42.1%)
United Kingdom-$9.47M (-12.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Wood Ornaments were:
Germany $83.5M
Indonesia $77.4M
In 2022, China's main importing competitors in Wood Ornaments were:
United States $984M
Germany $226M
France $134M

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $7.23M
TOP IMPORT POTENTIALIndia+ $2.93M

Wood Ornaments’s highest export potential is Japan. With an export gap of $7.23M.   Wood Ornaments’s highest import potential is India with an import gap of $2.93M.

See methodology.

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