Other Cloth Articles in China 2020 Exports | Imports : $60.7B | $735M, World Rnk 1 / 217 Rnk 5 / 1215 | World Rnk 19 / 224 Rnk 255 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $13B | $192M, United States | South Korea
Exports In 2020, China exported $60.7B in Other Cloth Articles, making it the 1st largest exporter of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 5th most exported product in China. The main destination of Other Cloth Articles exports from China are: United States ($16.1B), Germany ($5.79B), France ($4.68B), Japan ($4.49B), and United Kingdom ($4.43B).
The fastest growing export markets for Other Cloth Articles of China between 2019 and 2020 were United States ($13B), Germany ($5.33B), and France ($4.48B).
Imports In 2020, China imported $735M in Other Cloth Articles, becoming the 19th largest importer of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 255th most imported product in China. China imports Other Cloth Articles primarily from: South Korea ($203M), Japan ($99M), Germany ($53.5M), United States ($38.6M), and Vietnam ($26.2M).
The fastest growing import markets in Other Cloth Articles for China between 2019 and 2020 were South Korea ($192M), Japan ($57.4M), and Germany ($44.3M).
Tariffs In 2018, the average tariff for China in Other Cloth Articles was 11%. The countries with the highest import tariffs for Other Cloth Articles were Burkina Faso (Most Favoured Nation duty rate treatement, 14%), Botswana (Most Favoured Nation duty rate treatement, 14%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 14%), Cameroon (Most Favoured Nation duty rate treatement, 14%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 14%).
November 2021
Overview In November 2021 China's Other Cloth Articles exports accounted up to $1.13B and imports accounted up to $23.7M, resulting in a positive trade balance of $1.1B. Between November 2020 and November 2021 the exports of China's Other Cloth Articles have decreased by $-859M (-43.3%) from $1.99B to $1.13B, while imports decreased by $-5.35M (-18.4%) from $29M to $23.7M.
Destinations In November 2021, Other Cloth Articles were exported mostly to United States ($350M), Japan ($123M), Germany ($47.4M), Thailand ($42.9M), and United Kingdom ($42.4M), and were imported mostly from China ($5.35M), Japan ($2.49M), France ($1.94M), Taiwan ($1.82M), and South Korea ($1.71M).
Growth In November 2021, the decrease in Other Cloth Articles's year-by-year exports was explained primarily by a decrease in exports to Iraq ($-1.6M or -46.9%), Netherlands ($-1.45M or -6.69%), and Australia ($-1.28M or -6.86%). In November 2021, the decrease in Other Cloth Articles's year-by-year imports was explained primarily by a decrease in imports from Taiwan ($-813k or -41.3%), Mexico ($-605k or -59.5%), and Singapore ($-493k or -50.3%).
EXPORT GROWTH (November 2020 - November 2021): $-859M, (-43.3%)
IMPORT GROWTH (November 2020 - November 2021): $-5.35M, (-18.4%)
MAIN EXPORTER (November 2021): Zhejiang Province, $337M
MAIN DESTINATION (November 2021): United States, $350M
This section shows Other Cloth Articles'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 Other Cloth Articles over time.
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EXPORTS (2020): $60.7B
IMPORTS (2020): $735M
NET TRADE (2020): $60B
In 2020, China exported $60.7B in Other Cloth Articles. The main destinations of China exports on Other Cloth Articles were United States ($16.1B), Germany ($5.79B), France ($4.68B), Japan ($4.49B), and United Kingdom ($4.43B).
In 2020, China imported $735M in Other Cloth Articles, mainly from South Korea ($203M), Japan ($99M), Germany ($53.5M), United States ($38.6M), and Vietnam ($26.2M).
IN 2020, China HAD A POSITIVE NET TRADE IN Other Cloth Articles WITH:
THE FASTEST GROWING Other Cloth Articles EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cloth Articles BY China WERE (2019 - 2020):
In 2019, China's main exporting competitors in Other Cloth Articles were:
In 2019, China's main importing competitors in Other Cloth Articles were:
In 2018, the average tariff for China in Other Cloth Articles was 11%.
The countries with the highest tariffs for Other Cloth Articles in China were Burkina Faso (Most Favoured Nation duty rate treatement, 14%), Botswana (Most Favoured Nation duty rate treatement, 14%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 14%), Cameroon (Most Favoured Nation duty rate treatement, 14%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 14%).
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