Non-Retail Pure Cotton Yarn in China 2021 Exports | Imports : $840M | $5.53B, World Rnk 6 / 138 Rnk 440 / 1215 | World Rnk 1 / 186 Rnk 66 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $49.3M | $646M, Vietnam | Vietnam
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Non-Retail Pure Cotton Yarn: -1.65, Rnk 969 / 1029
Exports In 2021, China exported $840M in Non-Retail Pure Cotton Yarn, making it the 6th largest exporter of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 440th most exported product in China. The main destination of Non-Retail Pure Cotton Yarn exports from China are: Bangladesh ($163M), Vietnam ($155M), Pakistan ($118M), Hong Kong ($116M), and Italy ($45.8M).
The fastest growing export markets for Non-Retail Pure Cotton Yarn of China between 2020 and 2021 were Vietnam ($49.3M), Bangladesh ($42.1M), and Italy ($18.4M).
Imports In 2021, China imported $5.53B in Non-Retail Pure Cotton Yarn, becoming the 1st largest importer of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 66th most imported product in China. China imports Non-Retail Pure Cotton Yarn primarily from: Vietnam ($2.48B), India ($952M), Pakistan ($751M), Uzbekistan ($595M), and Indonesia ($231M).
The fastest growing import markets in Non-Retail Pure Cotton Yarn for China between 2020 and 2021 were Vietnam ($646M), India ($380M), and Uzbekistan ($213M).
Tariffs In 2018, the average tariff for China in Non-Retail Pure Cotton Yarn was 4.82%. The countries with the highest import tariffs for Non-Retail Pure Cotton Yarn were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).
April 2023
Overview In April 2023 China's Non-Retail Pure Cotton Yarn exports accounted up to $51.6M and imports accounted up to $293M, resulting in a negative trade balance of $241M. Between April 2022 and April 2023 the exports of China's Non-Retail Pure Cotton Yarn have decreased by $-19M (-27%) from $70.6M to $51.6M, while imports decreased by $-91.5M (-23.8%) from $384M to $293M.
Destinations In April 2023, Non-Retail Pure Cotton Yarn were exported mostly to Bangladesh ($14.2M), Vietnam ($8.87M), Pakistan ($6.07M), Italy ($3.07M), and Cambodia ($2.81M), and were imported mostly from Vietnam ($122M), India ($54.6M), Pakistan ($38.8M), Uzbekistan ($30.3M), and Malaysia ($18.3M).
Growth In April 2023, the decrease in Non-Retail Pure Cotton Yarn's year-by-year exports was explained primarily by a decrease in exports to Pakistan ($-8.25M or -51.9%), Hong Kong ($-4.98M or -29.4%), and Brazil ($-547k or -36.2%). In April 2023, the decrease in Non-Retail Pure Cotton Yarn's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-18.5M or -58.8%), China ($-8.54M or -62%), and Uzbekistan ($-7.54M or -27.2%).
EXPORT GROWTH (April 2022 - April 2023): $-19M, (-27%)
IMPORT GROWTH (April 2022 - April 2023): $-91.5M, (-23.8%)
MAIN EXPORTER (April 2023): Shandong Province, $19.3M
MAIN DESTINATION (April 2023): Bangladesh, $14.2M
This section shows Non-Retail Pure Cotton Yarn'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-Retail Pure Cotton Yarn over time.
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EXPORTS (2021): $840M
IMPORTS (2021): $5.53B
NET TRADE (2021): -$4.69B
In 2021, China exported $840M in Non-Retail Pure Cotton Yarn. The main destinations of China exports on Non-Retail Pure Cotton Yarn were Bangladesh ($163M), Vietnam ($155M), Pakistan ($118M), Hong Kong ($116M), and Italy ($45.8M).
In 2021, China imported $5.53B in Non-Retail Pure Cotton Yarn, mainly from Vietnam ($2.48B), India ($952M), Pakistan ($751M), Uzbekistan ($595M), and Indonesia ($231M).
THE FASTEST GROWING Non-Retail Pure Cotton Yarn EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Pure Cotton Yarn BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Non-Retail Pure Cotton Yarn were:
In 2021, China's main importing competitors in Non-Retail Pure Cotton Yarn were:
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