Knives in China | The Observatory of Economic Complexity

About

Exports In 2023, China exported $1.52B in Knives, making it the 1st largest exporter of Knives in the world. At the same year, Knives was the 333rd most exported product in China. The main destination of Knives exports from China are: United States ($482M), Germany ($124M), France ($59.3M), Canada ($57.2M), and Russia ($54.4M).

The fastest growing export markets for Knives of China between 2022 and 2023 were Russia ($10.9M), United Arab Emirates ($5.19M), and Egypt ($4.97M).

Imports In 2023, China imported $28.2M in Knives, becoming the 21st largest importer of Knives in the world. At the same year, Knives was the 864th most imported product in China. China imports Knives primarily from: Japan ($5.2M), Germany ($4.66M), Switzerland ($4.41M), Australia ($3.56M), and United States ($2.94M).

The fastest growing import markets in Knives for China between 2022 and 2023 were Australia ($3.53M), Switzerland ($1.54M), and France ($251k).

COMPANIES In 2024, leading companies such as Direct Link (55), Conair (52), and IKEA Group (32) were at the forefront of shipping Knives from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Knives exports accounted up to $129M and imports accounted up to $2.34M, resulting in a positive trade balance of $127M. Between December 2023 and December 2024 the exports of China's Knives have increased by $10.2M (8.59%) from $119M to $129M, while imports decreased by $-172k (-6.83%) from $2.51M to $2.34M.

Destinations In December 2024, Knives were exported mostly to United States ($43.1M), Germany ($6.18M), Russia ($5.32M), United Kingdom ($4.29M), and Mexico ($3.45M), and were imported mostly from Japan ($984k), Switzerland ($336k), Germany ($243k), United States ($214k), and France ($170k).

Growth In December 2024, the increase in Knives's year-by-year exports was explained primarily by an increase in exports to Belgium ($2.66M or 181%), Brazil ($1.96M or 73.4%), and South Korea ($1.74M or 92.7%). In December 2024, the decrease in Knives's year-by-year imports was explained primarily by a decrease in imports from Japan ($-168k or -19.8%), Switzerland ($-118k or -21%), and Italy ($-105k or -79.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$10.2M(8.59%)

IMPORT GROWTH (December 2023 - December 2024)$-172k(-6.83%)

MAIN EXPORTER (December 2024)Guangdong Province$80.9M

MAIN DESTINATION (December 2024)United States$43.1M

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 (2023)$1.52B

IMPORTS (2023)$28.2M

NET TRADE (2023)$1.5B

In 2023, China exported $1.52B in Knives. The main destinations of China exports on Knives were United States ($482M), Germany ($124M), France ($59.3M), Canada ($57.2M), and Russia ($54.4M).

In 2023, China imported $28.2M in Knives, mainly from Japan ($5.2M), Germany ($4.66M), Switzerland ($4.41M), Australia ($3.56M), and United States ($2.94M).

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