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2022
Exports $756MWorld Rnk 1 / 178
Flag Rnk 506 / 1216
2022
Destination $47.2M Thailand
2021 - 2022
FASTEST GROWING MARKET $47.2MMalaysia
2022
PRODUCT COMPLEXITY IN Large Iron Containers0.13Rnk 509 / 1025
2022
Imports $146MWorld Rnk 5 / 220
Flag Rnk 569 / 1212
2022
Origin $24.5M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $24.5MSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $756M in Large Iron Containers, making it the 1st largest exporter of Large Iron Containers in the world. At the same year, Large Iron Containers was the 506th most exported product in China. The main destination of Large Iron Containers exports from China are: Thailand ($73.8M), Indonesia ($58.6M), Malaysia ($58.1M), Chinese Taipei ($47.3M), and Japan ($45.3M).

The fastest growing export markets for Large Iron Containers of China between 2021 and 2022 were Malaysia ($47.2M), Thailand ($40.6M), and Bangladesh ($21.4M).

Imports In 2022, China imported $146M in Large Iron Containers, becoming the 5th largest importer of Large Iron Containers in the world. At the same year, Large Iron Containers was the 569th most imported product in China. China imports Large Iron Containers primarily from: South Korea ($46.5M), Chinese Taipei ($23.8M), China ($20.7M), Belgium ($18.9M), and Russia ($4.96M).

The fastest growing import markets in Large Iron Containers for China between 2021 and 2022 were South Korea ($24.5M), Belgium ($9.93M), and Chinese Taipei ($5.51M).

COMPANIES In 2023, leading companies such as Robert Bosch (3), Walgreens (2), and Amazon (2) were at the forefront of shipping Large Iron Containers from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Large Iron Containers exports accounted up to $85M and imports accounted up to $11.6M, resulting in a positive trade balance of $73.4M. Between October 2023 and October 2024 the exports of China's   Large Iron Containers have increased by $9.95M (13.3%) from $75M to $85M, while imports increased by $3.48M (43%) from $8.08M to $11.6M.

Destinations In October 2024, Large Iron Containers were exported mostly to Indonesia ($26.3M), South Korea ($4.88M), Thailand ($3.9M), Japan ($3.76M), and Chinese Taipei ($3.55M), and were imported mostly from South Korea ($3.55M), Japan ($2.4M), Italy ($1.52M), China ($1.4M), and Chinese Taipei ($1.03M).

Growth In October 2024, the increase in Large Iron Containers's year-by-year exports was explained primarily by an increase in exports to Iraq ($4.45M or 909%), Algeria ($2.75M or 12.4k%), and Burma ($2.74M or 4.35k%). In October 2024, the increase in Large Iron Containers's year-by-year imports was explained primarily by an increase in imports from Netherlands ($70.6k or 272%) and France ($18.6k or 182%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$9.95M(13.3%)
IMPORT GROWTH (October 2023 - October 2024)$3.48M(43%)
MAIN EXPORTER (October 2024)Zhejiang Province$74.2M
MAIN DESTINATION (October 2024)Indonesia$26.3M

This section shows Large Iron Containers'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 Large Iron Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$756M
IMPORTS (2022)$146M
NET TRADE (2022)$609M

In 2022, China exported $756M in Large Iron Containers. The main destinations of China exports on Large Iron Containers were Thailand ($73.8M), Indonesia ($58.6M), Malaysia ($58.1M), Chinese Taipei ($47.3M), and Japan ($45.3M).

In 2022, China imported $146M in Large Iron Containers, mainly from South Korea ($46.5M), Chinese Taipei ($23.8M), China ($20.7M), Belgium ($18.9M), and Russia ($4.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Iron Containers EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$47.2M (431%)
Thailand$40.6M (123%)
Bangladesh$21.4M (230%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Iron Containers BY China WERE (2021 - 2022):
Indonesia-$47.1M (-44.6%)
China-$25.3M (-55%)
South Korea-$19.2M (-32.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Large Iron Containers were:
Germany $353M
Italy $353M
In 2022, China's main importing competitors in Large Iron Containers were:
United States $526M
Germany $342M
France $215M

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Trade Value of Large Iron Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.8M
TOP IMPORT POTENTIALGermany+ $4.19M

Large Iron Containers’s highest export potential is United States. With an export gap of $19.8M.   Large Iron Containers’s highest import potential is Germany with an import gap of $4.19M.

See methodology.

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