Other Cloth Articles in China 2021 Exports | Imports : $16.4B | $193M, World Rnk 1 / 215 Rnk 43 / 1215 | World Rnk 29 / 224 Rnk 525 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $172M | $18.2M, Indonesia | United States
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Other Cloth Articles: -1.43, Rnk 938 / 1029
Exports In 2021, China exported $16.4B 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 43rd most exported product in China. The main destination of Other Cloth Articles exports from China are: United States ($4.61B), Japan ($1.61B), Germany ($1.46B), United Kingdom ($520M), and Netherlands ($471M).
The fastest growing export markets for Other Cloth Articles of China between 2020 and 2021 were Indonesia ($172M), Thailand ($133M), and Vietnam ($84.8M).
Imports In 2021, China imported $193M in Other Cloth Articles, becoming the 29th largest importer of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 525th most imported product in China. China imports Other Cloth Articles primarily from: United States ($56.7M), Japan ($37.6M), South Korea ($16.6M), Germany ($12M), and Chinese Taipei ($11.3M).
The fastest growing import markets in Other Cloth Articles for China between 2020 and 2021 were United States ($18.2M), Dominican Republic ($1.11M), and Albania ($148k).
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 treatment, 14%), Botswana (Most Favoured Nation duty rate treatment, 14%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 14%), Cameroon (Most Favoured Nation duty rate treatment, 14%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 14%).
April 2023
Overview In April 2023 China's Other Cloth Articles exports accounted up to $751M and imports accounted up to $14M, resulting in a positive trade balance of $737M. Between April 2022 and April 2023 the exports of China's Other Cloth Articles have decreased by $-151M (-16.8%) from $903M to $751M, while imports decreased by $-5.3M (-27.4%) from $19.3M to $14M.
Destinations In April 2023, Other Cloth Articles were exported mostly to United States ($274M), Japan ($76.1M), United Kingdom ($31.3M), Germany ($28.7M), and Netherlands ($25.5M), and were imported mostly from Japan ($1.55M), Vietnam ($1.35M), South Korea ($1.28M), Singapore ($1.28M), and China ($1.2M).
Growth In April 2023, the decrease in Other Cloth Articles's year-by-year exports was explained primarily by a decrease in exports to Germany ($-194M or -76.7%), Japan ($-92.8M or -41.7%), and Italy ($-28.3M or -55.5%). In April 2023, the decrease in Other Cloth Articles's year-by-year imports was explained primarily by a decrease in imports from Japan ($-1.18M or -39.9%), China ($-1M or -14.2%), and France ($-542k or -54%).
EXPORT GROWTH (April 2022 - April 2023): $-151M, (-16.8%)
IMPORT GROWTH (April 2022 - April 2023): $-5.3M, (-27.4%)
MAIN EXPORTER (April 2023): Zhejiang Province, $244M
MAIN DESTINATION (April 2023): United States, $274M
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 (2021): $16.4B
IMPORTS (2021): $193M
NET TRADE (2021): $16.2B
In 2021, China exported $16.4B in Other Cloth Articles. The main destinations of China exports on Other Cloth Articles were United States ($4.61B), Japan ($1.61B), Germany ($1.46B), United Kingdom ($520M), and Netherlands ($471M).
In 2021, China imported $193M in Other Cloth Articles, mainly from United States ($56.7M), Japan ($37.6M), South Korea ($16.6M), Germany ($12M), and Chinese Taipei ($11.3M).
THE FASTEST GROWING Other Cloth Articles EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cloth Articles BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Other Cloth Articles were:
In 2021, China's main importing competitors in Other Cloth Articles were:
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