Packaged Sewing Sets in China 2021 Exports | Imports : $25.9M | $1.68M, World Rnk 1 / 126 Rnk 1007 / 1215 | World Rnk 18 / 191 Rnk 1152 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.52M | $197k, South Korea | Italy
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
Exports In 2021, China exported $25.9M in Packaged Sewing Sets, making it the 1st largest exporter of Packaged Sewing Sets in the world. At the same year, Packaged Sewing Sets was the 1007th most exported product in China. The main destination of Packaged Sewing Sets exports from China are: United States ($7.82M), South Korea ($4.42M), Vietnam ($1.93M), Russia ($1.62M), and United Kingdom ($1.56M).
The fastest growing export markets for Packaged Sewing Sets of China between 2020 and 2021 were South Korea ($2.52M), United States ($1.14M), and Russia ($1.02M).
Imports In 2021, China imported $1.68M in Packaged Sewing Sets, becoming the 18th largest importer of Packaged Sewing Sets in the world. At the same year, Packaged Sewing Sets was the 1152nd most imported product in China. China imports Packaged Sewing Sets primarily from: Italy ($1.18M), Poland ($163k), Moldova ($74k), Russia ($64k), and Spain ($51.1k).
The fastest growing import markets in Packaged Sewing Sets for China between 2020 and 2021 were Italy ($197k), Poland ($90.5k), and Moldova ($60k).
Tariffs In 2018, the average tariff for China in Packaged Sewing Sets was 11.1%. The countries with the highest import tariffs for Packaged Sewing Sets 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%).
March 2023
Overview In March 2023 China's Packaged Sewing Sets exports accounted up to $2.13M and imports accounted up to $35.1k, resulting in a positive trade balance of $2.1M. Between March 2022 and March 2023 the exports of China's Packaged Sewing Sets have increased by $895k (72.2%) from $1.24M to $2.13M, while imports increased by $6.74k (23.7%) from $28.4k to $35.1k.
Destinations In March 2023, Packaged Sewing Sets were exported mostly to South Korea ($1.23M), United States ($284k), Australia ($194k), Kazakhstan ($102k), and Vietnam ($71.1k), and were imported mostly from Moldova ($14.9k), Russia ($7.4k), United Kingdom ($3.96k), Latvia ($3.57k), and Belgium ($3.51k).
Growth In March 2023, the increase in Packaged Sewing Sets's year-by-year exports was explained primarily by an increase in exports to Vietnam ($208k or 552%), India ($198k or 11.2k%), and United States ($171k or 37%). In March 2023, the increase in Packaged Sewing Sets's year-by-year imports was explained primarily by an increase in imports from Moldova ($28.7k or 866%), China ($1.95k or 2.74k%), and Japan ($766 or 231%).
EXPORT GROWTH (March 2022 - March 2023): $895k, (72.2%)
IMPORT GROWTH (March 2022 - March 2023): $6.74k, (23.7%)
MAIN EXPORTER (March 2023): Shandong Province, $1.22M
MAIN DESTINATION (March 2023): South Korea, $1.23M
This section shows Packaged Sewing Sets'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 Packaged Sewing Sets over time.
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EXPORTS (2021): $25.9M
IMPORTS (2021): $1.68M
NET TRADE (2021): $24.2M
In 2021, China exported $25.9M in Packaged Sewing Sets. The main destinations of China exports on Packaged Sewing Sets were United States ($7.82M), South Korea ($4.42M), Vietnam ($1.93M), Russia ($1.62M), and United Kingdom ($1.56M).
In 2021, China imported $1.68M in Packaged Sewing Sets, mainly from Italy ($1.18M), Poland ($163k), Moldova ($74k), Russia ($64k), and Spain ($51.1k).
THE FASTEST GROWING Packaged Sewing Sets EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Sewing Sets BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Packaged Sewing Sets were:
In 2021, China's main importing competitors in Packaged Sewing Sets were:
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