Non-Knit Women's Suits in China 2020 Exports | Imports : $16.1B | $754M, World Rnk 1 / 218 Rnk 29 / 1215 | World Rnk 18 / 221 Rnk 251 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $397M | $14.2M, Nigeria | Tunisia
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Non-Knit Women's Suits: -1.22, Rnk 887 / 1029
Exports In 2020, China exported $16.1B in Non-Knit Women's Suits, making it the 1st largest exporter of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 29th most exported product in China. The main destination of Non-Knit Women's Suits exports from China are: United States ($2.66B), Japan ($1.74B), South Korea ($942M), Germany ($794M), and United Kingdom ($682M).
The fastest growing export markets for Non-Knit Women's Suits of China between 2019 and 2020 were Nigeria ($397M), Ghana ($63.3M), and Switzerland ($53.9M).
Imports In 2020, China imported $754M in Non-Knit Women's Suits, becoming the 18th largest importer of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 251st most imported product in China. China imports Non-Knit Women's Suits primarily from: Italy ($171M), Spain ($111M), France ($66.1M), South Korea ($64.2M), and Bangladesh ($54.4M).
The fastest growing import markets in Non-Knit Women's Suits for China between 2019 and 2020 were Tunisia ($14.2M), France ($13.6M), and Japan ($8.56M).
Tariffs In 2018, the average tariff for China in Non-Knit Women's Suits was 13%. The countries with the highest import tariffs for Non-Knit Women's Suits were Hong Kong (Most Favoured Nation duty rate treatement, 20%), Bangladesh (Most Favoured Nation duty rate treatement, 17.5%), Burkina Faso (Most Favoured Nation duty rate treatement, 16.5%), Botswana (Most Favoured Nation duty rate treatement, 16.5%), and Cote d'Ivoire (Most Favoured Nation duty rate treatement, 16.5%).
December 2022
Overview In December 2022 China's Non-Knit Women's Suits exports accounted up to $2.37B and imports accounted up to $86.9M, resulting in a positive trade balance of $2.28B. Between December 2021 and December 2022 the exports of China's Non-Knit Women's Suits have decreased by $-169M (-6.66%) from $2.53B to $2.37B, while imports decreased by $-32M (-26.9%) from $119M to $86.9M.
Destinations In December 2022, Non-Knit Women's Suits were exported mostly to United States ($501M), South Korea ($155M), Malaysia ($131M), Japan ($130M), and Vietnam ($130M), and were imported mostly from Italy ($27.1M), South Korea ($10M), France ($9.96M), China ($7.17M), and Vietnam ($5.67M).
Growth In December 2022, the decrease in Non-Knit Women's Suits's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-82.7M or -81%), Nigeria ($-70M or -46.1%), and Ethiopia ($-20.8M or -98.3%). In December 2022, the decrease in Non-Knit Women's Suits's year-by-year imports was explained primarily by a decrease in imports from Bangladesh ($-2.8M or -40.6%), Indonesia ($-1.07M or -45.6%), and Morocco ($-1.04M or -21.8%).
EXPORT GROWTH (December 2021 - December 2022): $-169M, (-6.66%)
IMPORT GROWTH (December 2021 - December 2022): $-32M, (-26.9%)
MAIN EXPORTER (December 2022): Guangdong Province, $604M
MAIN DESTINATION (December 2022): United States, $501M
This section shows Non-Knit Women's Suits'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 Non-Knit Women's Suits over time.
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EXPORTS (2020): $16.1B
IMPORTS (2020): $754M
NET TRADE (2020): $15.4B
In 2020, China exported $16.1B in Non-Knit Women's Suits. The main destinations of China exports on Non-Knit Women's Suits were United States ($2.66B), Japan ($1.74B), South Korea ($942M), Germany ($794M), and United Kingdom ($682M).
In 2020, China imported $754M in Non-Knit Women's Suits, mainly from Italy ($171M), Spain ($111M), France ($66.1M), South Korea ($64.2M), and Bangladesh ($54.4M).
THE FASTEST GROWING Non-Knit Women's Suits EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Suits BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Non-Knit Women's Suits were:
In 2020, China's main importing competitors in Non-Knit Women's Suits were:
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