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2022
Exports $111MWorld Rnk 2 / 121
Flag Rnk 854 / 1216
2022
Destination $8.78M Vietnam
2021 - 2022
FASTEST GROWING MARKET $8.78MVietnam
2022
PRODUCT COMPLEXITY IN Carded Wool or Animal Hair Fabric0.58Rnk 333 / 1025
2022
Imports $88.5MWorld Rnk 1 / 161
Flag Rnk 676 / 1212
2022
Origin $957k Italy
2021 - 2022
FASTEST GROWING ORIGIN $957kUnited Kingdom
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $111M in Carded Wool or Animal Hair Fabric, making it the 2nd largest exporter of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 854th most exported product in China. The main destination of Carded Wool or Animal Hair Fabric exports from China are: Vietnam ($37.1M), India ($6.91M), Dominican Republic ($6.6M), Turkey ($5.76M), and Burma ($5.53M).

The fastest growing export markets for Carded Wool or Animal Hair Fabric of China between 2021 and 2022 were Vietnam ($8.78M), South Africa ($2.56M), and Turkey ($2.27M).

Imports In 2022, China imported $88.5M in Carded Wool or Animal Hair Fabric, becoming the 1st largest importer of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 676th most imported product in China. China imports Carded Wool or Animal Hair Fabric primarily from: Italy ($32.4M), Japan ($27.1M), United Kingdom ($12.7M), South Korea ($7.65M), and Hong Kong ($4.83M).

The fastest growing import markets in Carded Wool or Animal Hair Fabric for China between 2021 and 2022 were United Kingdom ($957k), Ireland ($352k), and Italy ($323k).

COMPANIES In 2023, leading companies such as CITY Furniture (4), Rooms To Go (3), and Jo-Ann Stores (2) were at the forefront of shipping Carded Wool or Animal Hair Fabric from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Carded Wool or Animal Hair Fabric exports accounted up to $13.9M and imports accounted up to $14.4M, resulting in a negative trade balance of $536k. Between July 2023 and July 2024 the exports of China's   Carded Wool or Animal Hair Fabric have increased by $3.05M (28.2%) from $10.8M to $13.9M, while imports increased by $2.89M (25.1%) from $11.5M to $14.4M.

Destinations In July 2024, Carded Wool or Animal Hair Fabric were exported mostly to Vietnam ($5.85M), Bangladesh ($1.33M), Burma ($895k), Italy ($872k), and Cambodia ($854k), and were imported mostly from Italy ($7.47M), South Korea ($2.81M), Japan ($2.57M), United Kingdom ($922k), and Norway ($174k).

Growth In July 2024, the increase in Carded Wool or Animal Hair Fabric's year-by-year exports was explained primarily by an increase in exports to Turkey ($541k or 165%), Burma ($362k or 35.9%), and United States ($241k or 950%). In July 2024, the increase in Carded Wool or Animal Hair Fabric's year-by-year imports was explained primarily by an increase in imports from South Korea ($85.5k or 1.06k%), France ($51.5k or 2.35k%), and Italy ($45.2k or 9.45%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$3.05M(28.2%)
IMPORT GROWTH (July 2023 - July 2024)$2.89M(25.1%)
MAIN EXPORTER (July 2024)Jiangsu Province$10.8M
MAIN DESTINATION (July 2024)Vietnam$5.85M

This section shows Carded Wool or Animal Hair Fabric'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 Carded Wool or Animal Hair Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$111M
IMPORTS (2022)$88.5M
NET TRADE (2022)$22.6M

In 2022, China exported $111M in Carded Wool or Animal Hair Fabric. The main destinations of China exports on Carded Wool or Animal Hair Fabric were Vietnam ($37.1M), India ($6.91M), Dominican Republic ($6.6M), Turkey ($5.76M), and Burma ($5.53M).

In 2022, China imported $88.5M in Carded Wool or Animal Hair Fabric, mainly from Italy ($32.4M), Japan ($27.1M), United Kingdom ($12.7M), South Korea ($7.65M), and Hong Kong ($4.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carded Wool or Animal Hair Fabric EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$8.78M (31%)
South Africa$2.56M (1.45k%)
Turkey$2.27M (65.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carded Wool or Animal Hair Fabric BY China WERE (2021 - 2022):
Morocco-$2.78M (-47.3%)
China-$1.76M (-83.5%)
South Korea-$1.41M (-21.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Carded Wool or Animal Hair Fabric were:
Italy $440M
United Kingdom $92.8M
In 2022, China's main importing competitors in Carded Wool or Animal Hair Fabric were:
Morocco $72.1M
France $61.3M

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Trade Value of Carded Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.53M
TOP IMPORT POTENTIALIndia+ $544k

Carded Wool or Animal Hair Fabric’s highest export potential is India. With an export gap of $2.53M.   Carded Wool or Animal Hair Fabric’s highest import potential is India with an import gap of $544k.

See methodology.

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