2022
Exports
$12BWorld Rnk 1 / 224
Flag Rnk 65 / 1216
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$2.31BWorld Rnk 4 / 225
Flag Rnk 135 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $12B in Iron Fasteners, making it the 1st largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 65th most exported product in China. The main destination of Iron Fasteners exports from China are: United States ($1.75B), Germany ($700M), Mexico ($538M), Vietnam ($480M), and Russia ($479M).

The fastest growing export markets for Iron Fasteners of China between 2021 and 2022 were United States ($479M), Germany ($142M), and United Arab Emirates ($123M).

Imports In 2022, China imported $2.31B in Iron Fasteners, becoming the 4th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 135th most imported product in China. China imports Iron Fasteners primarily from: Germany ($713M), Japan ($616M), United States ($240M), Chinese Taipei ($178M), and South Korea ($98.4M).

The fastest growing import markets in Iron Fasteners for China between 2021 and 2022 were Canada ($16.1M), Poland ($7.62M), and Hungary ($4.36M).

COMPANIES In 2023, leading companies such as Stelfast (927), CrimsonLogic (136), and Amazon (114) were at the forefront of shipping Iron Fasteners from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$65.9M(8.73%)
IMPORT GROWTH (July 2023 - July 2024)$8.74M(4.18%)
MAIN EXPORTER (July 2024)Zhejiang Province$385M
MAIN DESTINATION (July 2024)United States$115M

This section shows Iron Fasteners'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 Fasteners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12B
IMPORTS (2022)$2.31B
NET TRADE (2022)$9.68B

In 2022, China exported $12B in Iron Fasteners. The main destinations of China exports on Iron Fasteners were United States ($1.75B), Germany ($700M), Mexico ($538M), Vietnam ($480M), and Russia ($479M).

In 2022, China imported $2.31B in Iron Fasteners, mainly from Germany ($713M), Japan ($616M), United States ($240M), Chinese Taipei ($178M), and South Korea ($98.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$479M (37.6%)
Germany$142M (25.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY China WERE (2021 - 2022):
Russia-$92.8M (-16.2%)
Poland-$43.9M (-18.8%)
Ukraine-$27.3M (-48.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Iron Fasteners were:
In 2022, China's main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $244M
TOP IMPORT POTENTIALUnited States+ $86.4M

Iron Fasteners’s highest export potential is India. With an export gap of $244M.   Iron Fasteners’s highest import potential is United States with an import gap of $86.4M.

See methodology.

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