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Pricing

2022
Exports | Imports $164M | $11.1MWorld Rnk 1 / 161
Flag Rnk 810 / 1216
World Rnk 7 / 207
Flag Rnk 989 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $9.42M | $583kUnited States |  Singapore
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124

About

Exports In 2022, China exported $164M in Iron Sewing Needles, making it the 1st largest exporter of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 810th most exported product in China. The main destination of Iron Sewing Needles exports from China are: United States ($29.2M), Malaysia ($12M), Indonesia ($11.4M), India ($7.3M), and Egypt ($6.54M).

The fastest growing export markets for Iron Sewing Needles of China between 2021 and 2022 were United States ($9.42M), Malaysia ($4.77M), and Australia ($2.6M).

Imports In 2022, China imported $11.1M in Iron Sewing Needles, becoming the 7th largest importer of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 989th most imported product in China. China imports Iron Sewing Needles primarily from: Japan ($3.67M), South Korea ($2.69M), Chinese Taipei ($1.35M), Singapore ($1.24M), and United States ($797k).

The fastest growing import markets in Iron Sewing Needles for China between 2021 and 2022 were Singapore ($583k), Philippines ($316k), and United States ($130k).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (1.39k), IKEA SUPPLY AG (666), and CONAIR CORPORATION (56) were at the forefront of shipping Iron Sewing Needles from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Iron Sewing Needles exports accounted up to $11.3M and imports accounted up to $868k, resulting in a positive trade balance of $10.4M. Between February 2023 and February 2024 the exports of China's   Iron Sewing Needles have increased by $1.83M (19.4%) from $9.44M to $11.3M, while imports increased by $64.5k (8.04%) from $803k to $868k.

Destinations In February 2024, Iron Sewing Needles were exported mostly to United States ($1.7M), India ($724k), Singapore ($715k), Malaysia ($517k), and Indonesia ($499k), and were imported mostly from Germany ($256k), United States ($208k), Japan ($151k), India ($134k), and Mexico ($32.7k).

Growth In February 2024, the increase in Iron Sewing Needles's year-by-year exports was explained primarily by an increase in exports to Singapore ($1.91M or 1.69k%), Australia ($951k or 649%), and Malaysia ($485k or 62.3%). In February 2024, the increase in Iron Sewing Needles's year-by-year imports was explained primarily by an increase in imports from Germany ($208k or 85.4%), Switzerland ($8.16k or 44.6%), and United Kingdom ($5.1k or 489%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$1.83M(19.4%)
IMPORT GROWTH (February 2023 - February 2024)$64.5k(8.04%)
MAIN EXPORTER (February 2024)Zhejiang Province$11.6M
MAIN DESTINATION (February 2024)United States$1.7M

This section shows Iron Sewing Needles'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 Sewing Needles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$164M
IMPORTS (2022)$11.1M
NET TRADE (2022)$153M

In 2022, China exported $164M in Iron Sewing Needles. The main destinations of China exports on Iron Sewing Needles were United States ($29.2M), Malaysia ($12M), Indonesia ($11.4M), India ($7.3M), and Egypt ($6.54M).

In 2022, China imported $11.1M in Iron Sewing Needles, mainly from Japan ($3.67M), South Korea ($2.69M), Chinese Taipei ($1.35M), Singapore ($1.24M), and United States ($797k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Sewing Needles EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$9.42M (47.6%)
Malaysia$4.77M (66.2%)
Australia$2.6M (194%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Sewing Needles BY China WERE (2021 - 2022):
Japan-$741k (-17.1%)
South Korea-$527k (-16.9%)
Turkey-$472k (-17.2%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Iron Sewing Needles were:
Japan $21.4M
United States $19.9M
In 2022, China's main importing competitors in Iron Sewing Needles were:
United States $49.2M
Indonesia $25.8M
Malaysia $22.4M

Explore Visualizations

Trade Value of Iron Sewing Needles by Exporters

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