2022
Exports
$983MWorld Rnk 2 / 207
Flag Rnk 438 / 1216
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$431MWorld Rnk 4 / 218
Flag Rnk 380 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $983M in Iron Springs, making it the 2nd largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 438th most exported product in China. The main destination of Iron Springs exports from China are: United States ($146M), Mexico ($74.5M), Vietnam ($62M), Canada ($48.1M), and Malaysia ($44.6M).

The fastest growing export markets for Iron Springs of China between 2021 and 2022 were Mexico ($19.1M), Kyrgyzstan ($9.23M), and Indonesia ($6.1M).

Imports In 2022, China imported $431M in Iron Springs, becoming the 4th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 380th most imported product in China. China imports Iron Springs primarily from: Germany ($131M), Japan ($95M), United States ($32M), South Korea ($25.6M), and Chinese Taipei ($22.3M).

The fastest growing import markets in Iron Springs for China between 2021 and 2022 were Thailand ($4.33M), Hungary ($1.78M), and Netherlands ($569k).

COMPANIES In 2023, leading companies such as Key Tronic (14), Mahle Behr (7), and Schindler Elevators (5) were at the forefront of shipping Iron Springs from China to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$7.6M(10.4%)
IMPORT GROWTH (August 2023 - August 2024)$-761k(-1.96%)
MAIN EXPORTER (August 2024)Zhejiang Province$20.1M
MAIN DESTINATION (August 2024)United States$10.3M

This section shows Iron Springs'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 Springs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$983M
IMPORTS (2022)$431M
NET TRADE (2022)$551M

In 2022, China exported $983M in Iron Springs. The main destinations of China exports on Iron Springs were United States ($146M), Mexico ($74.5M), Vietnam ($62M), Canada ($48.1M), and Malaysia ($44.6M).

In 2022, China imported $431M in Iron Springs, mainly from Germany ($131M), Japan ($95M), United States ($32M), South Korea ($25.6M), and Chinese Taipei ($22.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR China WERE (2021 - 2022):
Mexico$19.1M (34.4%)
Kyrgyzstan$9.23M (616%)
Indonesia$6.1M (44.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY China WERE (2021 - 2022):
Kazakhstan-$10.2M (-40.8%)
Thailand-$10.1M (-18.7%)
China-$8.82M (-30.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36.8M
TOP IMPORT POTENTIALUnited States+ $14.1M

Iron Springs’s highest export potential is United States. With an export gap of $36.8M.   Iron Springs’s highest import potential is United States with an import gap of $14.1M.

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