2022
Exports
$2BWorld Rnk 1 / 171
Flag Rnk 297 / 1216
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$22.7MWorld Rnk 39 / 220
Flag Rnk 907 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $2B in Iron Nails, making it the 1st largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 297th most exported product in China. The main destination of Iron Nails exports from China are: United States ($349M), Canada ($104M), Japan ($99.5M), Philippines ($61.6M), and South Korea ($61.5M).

The fastest growing export markets for Iron Nails of China between 2021 and 2022 were Senegal ($19.8M), Somalia ($17.9M), and Cameroon ($14.8M).

Imports In 2022, China imported $22.7M in Iron Nails, becoming the 39th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 907th most imported product in China. China imports Iron Nails primarily from: China ($7.66M), Germany ($6.07M), Malaysia ($1.62M), Singapore ($1.1M), and Switzerland ($1.01M).

The fastest growing import markets in Iron Nails for China between 2021 and 2022 were China ($3.21M), Malaysia ($1.62M), and Switzerland ($574k).

COMPANIES In 2023, leading companies such as Continental Materials (1.32k), CrimsonLogic (38), and Stanley Black & Decker (16) were at the forefront of shipping Iron Nails from China to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$8.12M(7.1%)
IMPORT GROWTH (October 2023 - October 2024)$584k(62.3%)
MAIN EXPORTER (October 2024)Zhejiang Province$49.1M
MAIN DESTINATION (October 2024)United States$16.8M

This section shows Iron Nails'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 Nails over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2B
IMPORTS (2022)$22.7M
NET TRADE (2022)$1.98B

In 2022, China exported $2B in Iron Nails. The main destinations of China exports on Iron Nails were United States ($349M), Canada ($104M), Japan ($99.5M), Philippines ($61.6M), and South Korea ($61.5M).

In 2022, China imported $22.7M in Iron Nails, mainly from China ($7.66M), Germany ($6.07M), Malaysia ($1.62M), Singapore ($1.1M), and Switzerland ($1.01M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR China WERE (2021 - 2022):
Senegal$19.8M (183%)
Somalia$17.9M (116%)
Cameroon$14.8M (194%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY China WERE (2021 - 2022):
Chile-$19.4M (-46.4%)
United States-$18.8M (-5.12%)
South Africa-$14.9M (-50.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Iron Nails were:
Oman $241M
In 2022, China's main importing competitors in Iron Nails were:

Explore Visualizations

Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $27.3M
TOP IMPORT POTENTIALMalaysia+ $851k

Iron Nails’s highest export potential is India. With an export gap of $27.3M.   Iron Nails’s highest import potential is Malaysia with an import gap of $851k.

See methodology.

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