2022
Exports
$248MWorld Rnk 4 / 105
Flag Rnk 716 / 1216
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$296MWorld Rnk 3 / 176
Flag Rnk 455 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $248M in Iron Powder, making it the 4th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 716th most exported product in China. The main destination of Iron Powder exports from China are: South Korea ($34.5M), Chinese Taipei ($29M), Japan ($28.1M), Germany ($26.6M), and India ($17.5M).

The fastest growing export markets for Iron Powder of China between 2021 and 2022 were Germany ($7.66M), United States ($5.07M), and India ($2.63M).

Imports In 2022, China imported $296M in Iron Powder, becoming the 3rd largest importer of Iron Powder in the world. At the same year, Iron Powder was the 455th most imported product in China. China imports Iron Powder primarily from: Sweden ($74.5M), Japan ($69.6M), United States ($32.5M), Germany ($21.8M), and Belgium ($16.4M).

The fastest growing import markets in Iron Powder for China between 2021 and 2022 were Belgium ($5.89M), Chinese Taipei ($3.63M), and Canada ($2.78M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (1) were at the forefront of shipping Iron Powder from China to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$2.08M(13.4%)
IMPORT GROWTH (September 2023 - September 2024)$-453k(-1.95%)
MAIN EXPORTER (September 2024)Shandong Province$7.93M
MAIN DESTINATION (September 2024)South Korea$3.73M

This section shows Iron Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$248M
IMPORTS (2022)$296M
NET TRADE (2022)-$47.6M

In 2022, China exported $248M in Iron Powder. The main destinations of China exports on Iron Powder were South Korea ($34.5M), Chinese Taipei ($29M), Japan ($28.1M), Germany ($26.6M), and India ($17.5M).

In 2022, China imported $296M in Iron Powder, mainly from Sweden ($74.5M), Japan ($69.6M), United States ($32.5M), Germany ($21.8M), and Belgium ($16.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$7.66M (40.5%)
United States$5.07M (47.8%)
India$2.63M (17.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY China WERE (2021 - 2022):
Japan-$4.16M (-12.9%)
Thailand-$1.98M (-28.1%)
Italy-$1.18M (-46.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $10.1M
TOP IMPORT POTENTIALIndia+ $7.3M

Iron Powder’s highest export potential is India. With an export gap of $10.1M.   Iron Powder’s highest import potential is India with an import gap of $7.3M.

See methodology.

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