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2022
Exports $320MWorld Rnk 3 / 136
Flag Rnk 663 / 1216
2022
Destination $5.41M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $5.41MRussia
2022
PRODUCT COMPLEXITY IN Iron Radiators0.62Rnk 311 / 1025
2022
Imports $22.7MWorld Rnk 26 / 206
Flag Rnk 906 / 1212
2022
Origin $4.35M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $4.35MChinese Taipei
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $320M in Iron Radiators, making it the 3rd largest exporter of Iron Radiators in the world. At the same year, Iron Radiators was the 663rd most exported product in China. The main destination of Iron Radiators exports from China are: United Kingdom ($101M), United States ($74.3M), Russia ($23.8M), Canada ($12.3M), and Germany ($10.8M).

The fastest growing export markets for Iron Radiators of China between 2021 and 2022 were Russia ($5.41M), United States ($5.25M), and Germany ($3.04M).

Imports In 2022, China imported $22.7M in Iron Radiators, becoming the 26th largest importer of Iron Radiators in the world. At the same year, Iron Radiators was the 906th most imported product in China. China imports Iron Radiators primarily from: Turkey ($7.99M), Chinese Taipei ($4.6M), Germany ($1.78M), United Kingdom ($1.13M), and Poland ($999k).

The fastest growing import markets in Iron Radiators for China between 2021 and 2022 were Chinese Taipei ($4.35M), United Kingdom ($1.08M), and Kazakhstan ($339k).

COMPANIES In 2023, leading companies such as CrimsonLogic (324), You Hao Trading (188), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (145) were at the forefront of shipping Iron Radiators from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Iron Radiators exports accounted up to $23.7M and imports accounted up to $572k, resulting in a positive trade balance of $23.1M. Between July 2023 and July 2024 the exports of China's   Iron Radiators have increased by $2.56M (12.1%) from $21.1M to $23.7M, while imports decreased by $-1.99M (-77.7%) from $2.56M to $572k.

Destinations In July 2024, Iron Radiators were exported mostly to United States ($6.85M), United Kingdom ($5.63M), Russia ($1.69M), Canada ($1.61M), and Kazakhstan ($1.07M), and were imported mostly from Turkey ($131k), Poland ($126k), Italy ($114k), Latvia ($101k), and Russia ($33k).

Growth In July 2024, the increase in Iron Radiators's year-by-year exports was explained primarily by an increase in exports to United States ($1.05M or 85.9%), Singapore ($609k or 10.6k%), and Germany ($337k or 56.2%). In July 2024, the decrease in Iron Radiators's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-1.59M or -82.8%), Germany ($-384k or -94.1%), and United States ($-355k or -81.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.56M(12.1%)
IMPORT GROWTH (July 2023 - July 2024)$-1.99M(-77.7%)
MAIN EXPORTER (July 2024)Guangdong Province$10.2M
MAIN DESTINATION (July 2024)United States$6.85M

This section shows Iron Radiators'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 Radiators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$320M
IMPORTS (2022)$22.7M
NET TRADE (2022)$298M

In 2022, China exported $320M in Iron Radiators. The main destinations of China exports on Iron Radiators were United Kingdom ($101M), United States ($74.3M), Russia ($23.8M), Canada ($12.3M), and Germany ($10.8M).

In 2022, China imported $22.7M in Iron Radiators, mainly from Turkey ($7.99M), Chinese Taipei ($4.6M), Germany ($1.78M), United Kingdom ($1.13M), and Poland ($999k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Radiators EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$5.41M (29.5%)
United States$5.25M (7.61%)
Germany$3.04M (39.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Radiators BY China WERE (2021 - 2022):
United Kingdom-$9.44M (-8.56%)
Kazakhstan-$5.69M (-52%)
Australia-$3.25M (-64.4%)
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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 Radiators were:
Turkey $533M
United States $528M
In 2022, China's main importing competitors in Iron Radiators were:
Canada $564M
United States $432M
Germany $399M

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Trade Value of Iron Radiators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $8.35M
TOP IMPORT POTENTIALTurkey+ $2.57M

Iron Radiators’s highest export potential is Russia. With an export gap of $8.35M.   Iron Radiators’s highest import potential is Turkey with an import gap of $2.57M.

See methodology.

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