Knives in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $1.87B in Knives, making it the 1st largest exporter of Knives in the world. At the same year, Knives was the 307th most exported product in China. The main destination of Knives exports from China are: United States ($630M), Germany ($112M), Netherlands ($92.8M), Canada ($63.8M), and France ($60M).

The fastest growing export markets for Knives of China between 2021 and 2022 were France ($14.5M), Netherlands ($14.1M), and United Arab Emirates ($13.3M).

Imports In 2022, China imported $29M in Knives, becoming the 23rd largest importer of Knives in the world. At the same year, Knives was the 871st most imported product in China. China imports Knives primarily from: Germany ($6.18M), Japan ($6.06M), United States ($3.34M), Switzerland ($2.84M), and Chinese Taipei ($2.38M).

The fastest growing import markets in Knives for China between 2021 and 2022 were Germany ($447k), Hong Kong ($394k), and United Arab Emirates ($384k).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (79), Conair (57), and IKEA Group (53) were at the forefront of shipping Knives from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Knives exports accounted up to $137M and imports accounted up to $2M, resulting in a positive trade balance of $135M. Between October 2023 and October 2024 the exports of China's Knives have increased by $23.2M (20.3%) from $114M to $137M, while imports decreased by $-363k (-15.3%) from $2.37M to $2M.

Destinations In October 2024, Knives were exported mostly to United States ($47.6M), Netherlands ($6.95M), Germany ($6.63M), Russia ($4.94M), and United Kingdom ($4.62M), and were imported mostly from Japan ($741k), Switzerland ($384k), Germany ($361k), United States ($134k), and China ($71.4k).

Growth In October 2024, the increase in Knives's year-by-year exports was explained primarily by an increase in exports to Egypt ($2.22M or 184%), Mexico ($1.05M or 42.8%), and Portugal ($499k or 353%). In October 2024, the decrease in Knives's year-by-year imports was explained primarily by a decrease in imports from Germany ($-386k or -76.9%), United States ($-257k or -56.2%), and China ($-131k or -53.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$23.2M(20.3%)

IMPORT GROWTH (October 2023 - October 2024)$-363k(-15.3%)

MAIN EXPORTER (October 2024)Guangdong Province$80.9M

MAIN DESTINATION (October 2024)United States$47.6M

This section shows Knives'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 Knives over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.87B

IMPORTS (2022)$29M

NET TRADE (2022)$1.84B

In 2022, China exported $1.87B in Knives. The main destinations of China exports on Knives were United States ($630M), Germany ($112M), Netherlands ($92.8M), Canada ($63.8M), and France ($60M).

In 2022, China imported $29M in Knives, mainly from Germany ($6.18M), Japan ($6.06M), United States ($3.34M), Switzerland ($2.84M), and Chinese Taipei ($2.38M).

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