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2022
Exports $136MWorld Rnk 1 / 131
Flag Rnk 836 / 1216
2022
Destination $5.3M United States
2021 - 2022
FASTEST GROWING MARKET $5.3MSpain
2022
Imports $2.06MWorld Rnk 32 / 208
Flag Rnk 1129 / 1212
2022
Origin $392k Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $392kSpain
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $136M in Iron Anchors, making it the 1st largest exporter of Iron Anchors in the world. At the same year, Iron Anchors was the 836th most exported product in China. The main destination of Iron Anchors exports from China are: United States ($34.9M), Japan ($8.67M), Norway ($7.99M), Singapore ($7.69M), and Spain ($6.28M).

The fastest growing export markets for Iron Anchors of China between 2021 and 2022 were Spain ($5.3M), Italy ($3.87M), and Norway ($3.21M).

Imports In 2022, China imported $2.06M in Iron Anchors, becoming the 32nd largest importer of Iron Anchors in the world. At the same year, Iron Anchors was the 1129th most imported product in China. China imports Iron Anchors primarily from: Vietnam ($577k), Spain ($408k), United Kingdom ($208k), Switzerland ($180k), and United States ($151k).

The fastest growing import markets in Iron Anchors for China between 2021 and 2022 were Spain ($392k), Hong Kong ($47.8k), and China ($30.6k).

COMPANIES In 2023, leading companies such as Stelfast (13), Stanley Black & Decker (11), and ABB Motors and Mechanical (4) were at the forefront of shipping Iron Anchors from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Iron Anchors exports accounted up to $7.16M and imports accounted up to $66.7k, resulting in a positive trade balance of $7.09M. Between October 2023 and October 2024 the exports of China's   Iron Anchors have increased by $360k (5.3%) from $6.8M to $7.16M, while imports decreased by $-334k (-83.4%) from $401k to $66.7k.

Destinations In October 2024, Iron Anchors were exported mostly to United States ($1.69M), Japan ($612k), South Korea ($515k), Norway ($462k), and Indonesia ($380k), and were imported mostly from China ($23.1k), Czechia ($21.5k), United Kingdom ($9.86k), Italy ($6.82k), and France ($4.04k).

Growth In October 2024, the increase in Iron Anchors's year-by-year exports was explained primarily by an increase in exports to Netherlands ($433k or 135%), Mexico ($97.9k or 20.3k%), and Malaysia ($89.7k or 152%). In October 2024, the decrease in Iron Anchors's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-3k or -65.2%) and Czechia ($-2.14k or -26.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$360k(5.3%)
IMPORT GROWTH (October 2023 - October 2024)$-334k(-83.4%)
MAIN EXPORTER (October 2024)Guangdong Province$14.9M
MAIN DESTINATION (October 2024)United States$1.69M

This section shows Iron Anchors'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 Iron Anchors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$136M
IMPORTS (2022)$2.06M
NET TRADE (2022)$134M

In 2022, China exported $136M in Iron Anchors. The main destinations of China exports on Iron Anchors were United States ($34.9M), Japan ($8.67M), Norway ($7.99M), Singapore ($7.69M), and Spain ($6.28M).

In 2022, China imported $2.06M in Iron Anchors, mainly from Vietnam ($577k), Spain ($408k), United Kingdom ($208k), Switzerland ($180k), and United States ($151k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Anchors EXPORT MARKETS FOR China WERE (2021 - 2022):
Spain$5.3M (535%)
Italy$3.87M (175%)
Norway$3.21M (67.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Anchors BY China WERE (2021 - 2022):
United Arab Emirates-$2.09M (-53%)
Philippines-$1.72M (-27.4%)
Australia-$985k (-20.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Iron Anchors were:
India $31M
Netherlands $16.9M
In 2022, China's main importing competitors in Iron Anchors were:
United States $54.6M
Netherlands $23M
Japan $13.4M

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Trade Value of Iron Anchors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $850k
TOP IMPORT POTENTIALVietnam+ $198k

Iron Anchors’s highest export potential is India. With an export gap of $850k.   Iron Anchors’s highest import potential is Vietnam with an import gap of $198k.

See methodology.

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