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2022
Exports $8.06MWorld Rnk 4 / 81
Flag Rnk 1100 / 1216
2022
Destination $481k Germany
2021 - 2022
FASTEST GROWING MARKET $481kRussia
2022
PRODUCT COMPLEXITY IN Jute Yarn-1.22Rnk 882 / 1025
2022
Imports $127MWorld Rnk 2 / 166
Flag Rnk 604 / 1212
2022
Origin $7.9M Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $7.9MBangladesh
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $8.06M in Jute Yarn, making it the 4th largest exporter of Jute Yarn in the world. At the same year, Jute Yarn was the 1100th most exported product in China. The main destination of Jute Yarn exports from China are: Germany ($1.44M), United States ($1.03M), Japan ($823k), United Kingdom ($566k), and Russia ($502k).

The fastest growing export markets for Jute Yarn of China between 2021 and 2022 were Russia ($481k), Germany ($387k), and Poland ($137k).

Imports In 2022, China imported $127M in Jute Yarn, becoming the 2nd largest importer of Jute Yarn in the world. At the same year, Jute Yarn was the 604th most imported product in China. China imports Jute Yarn primarily from: Bangladesh ($127M), United States ($39.7k), United Arab Emirates ($27.1k), Chinese Taipei ($24k), and Italy ($2.7k).

The fastest growing import markets in Jute Yarn for China between 2021 and 2022 were Bangladesh ($7.9M), United States ($39.7k), and United Arab Emirates ($27.1k).

Latest Trends

October 2024

About

Overview In October 2024 China's Jute Yarn exports accounted up to $513k and imports accounted up to $8.15M, resulting in a negative trade balance of $7.63M. Between October 2023 and October 2024 the exports of China's   Jute Yarn have increased by $33.3k (6.95%) from $479k to $513k, while imports decreased by $-1.27M (-13.5%) from $9.42M to $8.15M.

Destinations In October 2024, Jute Yarn were exported mostly to Germany ($97.1k), United States ($92.6k), France ($55k), Indonesia ($41.9k), and Malaysia ($32.4k), and were imported mostly from Bangladesh ($8.15M), Germany ($119), and India ($42).

Growth In October 2024, the increase in Jute Yarn's year-by-year exports was explained primarily by an increase in exports to Denmark ($10.6k or 1.71k%), Colombia ($6.8k or 665%), and Australia ($4.6k or 19.4%). In October 2024, the decrease in Jute Yarn's year-by-year imports was explained primarily by a decrease in imports from Bangladesh ($-10.2M or -71.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$33.3k(6.95%)
IMPORT GROWTH (October 2023 - October 2024)$-1.27M(-13.5%)
MAIN EXPORTER (October 2024)Zhejiang Province$418k
MAIN DESTINATION (October 2024)Germany$97.1k

This section shows Jute Yarn'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 Jute Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.06M
IMPORTS (2022)$127M
NET TRADE (2022)-$119M

In 2022, China exported $8.06M in Jute Yarn. The main destinations of China exports on Jute Yarn were Germany ($1.44M), United States ($1.03M), Japan ($823k), United Kingdom ($566k), and Russia ($502k).

In 2022, China imported $127M in Jute Yarn, mainly from Bangladesh ($127M), United States ($39.7k), United Arab Emirates ($27.1k), Chinese Taipei ($24k), and Italy ($2.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute Yarn EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$481k (2.29k%)
Germany$387k (36.7%)
Poland$137k (78.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute Yarn BY China WERE (2021 - 2022):
Netherlands-$147k (-23.1%)
Lithuania-$99.6k (-100%)
Canada-$61k (-35.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Jute Yarn were:
Bangladesh $528M
India $16.4M
Turkey $12.6M
In 2022, China's main importing competitors in Jute Yarn were:
Turkey $200M
India $62.4M

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Trade Value of Jute Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $181k
TOP IMPORT POTENTIALUnited States+ $62.3k

Jute Yarn’s highest export potential is Russia. With an export gap of $181k.   Jute Yarn’s highest import potential is United States with an import gap of $62.3k.

See methodology.

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