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2023
Exports $8.24BWorld Rnk 1 / 201
Flag Rnk 81 / 1215
2023
Destination $80.7M United States
2022 - 2023
FASTEST GROWING MARKET $80.7MSouth Korea
2023
PRODUCT COMPLEXITY IN Party Decorations-1.05Rnk 843 / 1025
2023
Imports $6.99MWorld Rnk 72 / 222
Flag Rnk 1027 / 1214
2023
Origin $755k Vietnam
2022 - 2023
FASTEST GROWING ORIGIN $755kVietnam
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $8.24B in Party Decorations, making it the 1st largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 81st most exported product in China. The main destination of Party Decorations exports from China are: United States ($4.82B), Canada ($350M), United Kingdom ($348M), Netherlands ($200M), and Germany ($188M).

The fastest growing export markets for Party Decorations of China between 2022 and 2023 were South Korea ($80.7M), Vietnam ($39.5M), and Thailand ($22M).

Imports In 2023, China imported $6.99M in Party Decorations, becoming the 72nd largest importer of Party Decorations in the world. At the same year, Party Decorations was the 1027th most imported product in China. China imports Party Decorations primarily from: Vietnam ($1.34M), United Kingdom ($1.27M), United States ($1.1M), France ($400k), and Philippines ($315k).

The fastest growing import markets in Party Decorations for China between 2022 and 2023 were Vietnam ($755k), United States ($434k), and Philippines ($294k).

COMPANIES In 2024, leading companies such as Yaheetech (340), Spencer Gifts (254), and QVC Inc (132) were at the forefront of shipping Party Decorations from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Party Decorations exports accounted up to $314M and imports accounted up to $1.07M, resulting in a positive trade balance of $313M. Between December 2023 and December 2024 the exports of China's   Party Decorations have increased by $21.5M (7.35%) from $293M to $314M, while imports increased by $571k (114%) from $502k to $1.07M.

Destinations In December 2024, Party Decorations were exported mostly to United States ($135M), Malaysia ($19.4M), Vietnam ($14.6M), Singapore ($13.3M), and Netherlands ($10M), and were imported mostly from China ($473k), North Korea ($264k), United Arab Emirates ($105k), United Kingdom ($97.9k), and Spain ($39.6k).

Growth In December 2024, the increase in Party Decorations's year-by-year exports was explained primarily by an increase in exports to Vietnam ($12.5M or 226%), Poland ($3.71M or 193%), and India ($2.93M or 61.8%). In December 2024, the increase in Party Decorations's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($22.7k or 2.56k%), United States ($4.54k or 73.9%), and Japan ($979 or 68.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$21.5M(7.35%)
IMPORT GROWTH (December 2023 - December 2024)$571k(114%)
MAIN EXPORTER (December 2024)Guangdong Province$770M
MAIN DESTINATION (December 2024)United States$135M

This section shows Party Decorations'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 Party Decorations over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.24B
IMPORTS (2023)$6.99M
NET TRADE (2023)$8.23B

In 2023, China exported $8.24B in Party Decorations. The main destinations of China exports on Party Decorations were United States ($4.82B), Canada ($350M), United Kingdom ($348M), Netherlands ($200M), and Germany ($188M).

In 2023, China imported $6.99M in Party Decorations, mainly from Vietnam ($1.34M), United Kingdom ($1.27M), United States ($1.1M), France ($400k), and Philippines ($315k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR China WERE (2022 - 2023):
South Korea$80.7M (131%)
Vietnam$39.5M (228%)
Thailand$22M (218%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY China WERE (2022 - 2023):
United States-$837M (-14.8%)
United Kingdom-$160M (-31.5%)
Canada-$80.4M (-18.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Party Decorations were:
Netherlands $198M
Saudi Arabia $172M
In 2023, China's main importing competitors in Party Decorations were:
United States $5.35B
United Kingdom $405M
Canada $392M

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $49.9M
TOP IMPORT POTENTIALVietnam+ $1.08M

Party Decorations’s highest export potential is India. With an export gap of $49.9M.   Party Decorations’s highest import potential is Vietnam with an import gap of $1.08M.

See methodology.

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