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Pricing

2022
Exports $989MWorld Rnk 2 / 164
Flag Rnk 436 / 1216
2022
Destination $31.9M United States
2021 - 2022
FASTEST GROWING MARKET $31.9MUnited States
2022
PRODUCT COMPLEXITY IN Metal Insulating Fittings1.18Rnk 110 / 1025
2022
Imports $757MWorld Rnk 1 / 214
Flag Rnk 269 / 1212
2022
Origin $3.13M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.13MVietnam
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $989M in Metal Insulating Fittings, making it the 2nd largest exporter of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 436th most exported product in China. The main destination of Metal Insulating Fittings exports from China are: United States ($157M), Germany ($83.8M), Japan ($71.8M), China ($52.7M), and South Korea ($51.9M).

The fastest growing export markets for Metal Insulating Fittings of China between 2021 and 2022 were United States ($31.9M), Malaysia ($16.1M), and Germany ($10.8M).

Imports In 2022, China imported $757M in Metal Insulating Fittings, becoming the 1st largest importer of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 269th most imported product in China. China imports Metal Insulating Fittings primarily from: Germany ($169M), Japan ($157M), South Korea ($106M), United States ($76.1M), and China ($52.7M).

The fastest growing import markets in Metal Insulating Fittings for China between 2021 and 2022 were Vietnam ($3.13M), United States ($1.92M), and Slovakia ($895k).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (23), CrimsonLogic (7), and ABB Motors and Mechanical (3) were at the forefront of shipping Metal Insulating Fittings from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Metal Insulating Fittings exports accounted up to $76.3M and imports accounted up to $44.4M, resulting in a positive trade balance of $31.9M. Between September 2023 and September 2024 the exports of China's   Metal Insulating Fittings have increased by $6.44M (9.22%) from $69.9M to $76.3M, while imports decreased by $-3.69M (-7.68%) from $48.1M to $44.4M.

Destinations In September 2024, Metal Insulating Fittings were exported mostly to United States ($16.9M), Russia ($5.08M), Malaysia ($4.38M), Japan ($4.14M), and Chinese Taipei ($4.11M), and were imported mostly from Japan ($14.4M), South Korea ($4.61M), Germany ($3.92M), China ($3.72M), and Switzerland ($3.21M).

Growth In September 2024, the increase in Metal Insulating Fittings's year-by-year exports was explained primarily by an increase in exports to Russia ($1.02M or 60.9%), Canada ($545k or 52%), and India ($534k or 40.7%). In September 2024, the decrease in Metal Insulating Fittings's year-by-year imports was explained primarily by a decrease in imports from Japan ($-11.6M or -47%), South Korea ($-3.63M or -38.6%), and China ($-2.93M or -54.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$6.44M(9.22%)
IMPORT GROWTH (September 2023 - September 2024)$-3.69M(-7.68%)
MAIN EXPORTER (September 2024)Zhejiang Province$21.6M
MAIN DESTINATION (September 2024)United States$16.9M

This section shows Metal Insulating Fittings'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 Metal Insulating Fittings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$989M
IMPORTS (2022)$757M
NET TRADE (2022)$232M

In 2022, China exported $989M in Metal Insulating Fittings. The main destinations of China exports on Metal Insulating Fittings were United States ($157M), Germany ($83.8M), Japan ($71.8M), China ($52.7M), and South Korea ($51.9M).

In 2022, China imported $757M in Metal Insulating Fittings, mainly from Germany ($169M), Japan ($157M), South Korea ($106M), United States ($76.1M), and China ($52.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Insulating Fittings EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$31.9M (25.6%)
Malaysia$16.1M (96.1%)
Germany$10.8M (14.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Insulating Fittings BY China WERE (2021 - 2022):
South Korea-$12.6M (-19.5%)
China-$12.5M (-19.2%)
Hong Kong-$6.98M (-17.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Metal Insulating Fittings were:
Germany $1.34B
Japan $738M
In 2022, China's main importing competitors in Metal Insulating Fittings were:
Germany $534M
United States $534M

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Trade Value of Metal Insulating Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $23.4M
TOP IMPORT POTENTIALGermany+ $23.1M

Metal Insulating Fittings’s highest export potential is India. With an export gap of $23.4M.   Metal Insulating Fittings’s highest import potential is Germany with an import gap of $23.1M.

See methodology.

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