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2022
Exports $94.5MWorld Rnk 2 / 175
Flag Rnk 887 / 1216
2022
Destination $13.4M Malaysia
2021 - 2022
FASTEST GROWING MARKET $13.4MMalaysia
2022
PRODUCT COMPLEXITY IN Knotted Carpets-1.05Rnk 848 / 1025
2022
Imports $10.1MWorld Rnk 17 / 207
Flag Rnk 1005 / 1212
2022
Origin $661k Egypt
2021 - 2022
FASTEST GROWING ORIGIN $661kItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $94.5M in Knotted Carpets, making it the 2nd largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 887th most exported product in China. The main destination of Knotted Carpets exports from China are: Malaysia ($32.8M), United Kingdom ($10.3M), United States ($8.9M), Singapore ($6.72M), and Japan ($3.13M).

The fastest growing export markets for Knotted Carpets of China between 2021 and 2022 were Malaysia ($13.4M), Singapore ($5.63M), and Turkey ($2.2M).

Imports In 2022, China imported $10.1M in Knotted Carpets, becoming the 17th largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 1005th most imported product in China. China imports Knotted Carpets primarily from: Egypt ($2.21M), Italy ($1.81M), Nepal ($1.6M), India ($1.55M), and Iran ($847k).

The fastest growing import markets in Knotted Carpets for China between 2021 and 2022 were Italy ($661k), United Arab Emirates ($167k), and France ($78.5k).

COMPANIES In 2023, leading companies such as Costco Wholesale (4) and CrimsonLogic (1) were at the forefront of shipping Knotted Carpets from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Knotted Carpets exports accounted up to $11.9M and imports accounted up to $703k, resulting in a positive trade balance of $11.2M. Between July 2023 and July 2024 the exports of China's   Knotted Carpets have increased by $5.45M (84%) from $6.48M to $11.9M, while imports decreased by $-58.1k (-7.63%) from $761k to $703k.

Destinations In July 2024, Knotted Carpets were exported mostly to United States ($2.53M), Singapore ($2.24M), Malaysia ($1.77M), Thailand ($649k), and Turkey ($410k), and were imported mostly from India ($305k), Italy ($125k), Nepal ($108k), Portugal ($40.3k), and France ($36.1k).

Growth In July 2024, the increase in Knotted Carpets's year-by-year exports was explained primarily by an increase in exports to Malaysia ($1.64M or 191%), Singapore ($729k or 449%), and United States ($725k or 135%). In July 2024, the decrease in Knotted Carpets's year-by-year imports was explained primarily by a decrease in imports from India ($-136k or -68.3%), Iran ($-60.1k or -97.6%), and Pakistan ($-56.9k or -92.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$5.45M(84%)
IMPORT GROWTH (July 2023 - July 2024)$-58.1k(-7.63%)
MAIN EXPORTER (July 2024)Guangdong Province$5.87M
MAIN DESTINATION (July 2024)United States$2.53M

This section shows Knotted Carpets'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 Knotted Carpets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$94.5M
IMPORTS (2022)$10.1M
NET TRADE (2022)$84.4M

In 2022, China exported $94.5M in Knotted Carpets. The main destinations of China exports on Knotted Carpets were Malaysia ($32.8M), United Kingdom ($10.3M), United States ($8.9M), Singapore ($6.72M), and Japan ($3.13M).

In 2022, China imported $10.1M in Knotted Carpets, mainly from Egypt ($2.21M), Italy ($1.81M), Nepal ($1.6M), India ($1.55M), and Iran ($847k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$13.4M (69.2%)
Singapore$5.63M (514%)
Turkey$2.2M (653%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY China WERE (2021 - 2022):
Canada-$799k (-50.1%)
Chile-$766k (-51.8%)
France-$587k (-41%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Knotted Carpets were:
India $344M
Pakistan $94M
In 2022, China's main importing competitors in Knotted Carpets were:
United States $425M
Germany $73.2M
United Kingdom $48.6M

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.24M
TOP IMPORT POTENTIALIndia+ $2.7M

Knotted Carpets’s highest export potential is United States. With an export gap of $4.24M.   Knotted Carpets’s highest import potential is India with an import gap of $2.7M.

See methodology.

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