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2022
Exports $424MWorld Rnk 1 / 161
Flag Rnk 608 / 1216
2022
Destination $45.9M United States
2021 - 2022
FASTEST GROWING MARKET $45.9MUnited States
2022
PRODUCT COMPLEXITY IN Pearl Products-0.51Rnk 707 / 1025
2022
Imports $141MWorld Rnk 3 / 200
Flag Rnk 577 / 1212
2022
Origin $11.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $11.2MJapan
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $424M in Pearl Products, making it the 1st largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 608th most exported product in China. The main destination of Pearl Products exports from China are: United States ($128M), Hong Kong ($74.6M), Switzerland ($49.1M), Singapore ($16M), and United Kingdom ($15.3M).

The fastest growing export markets for Pearl Products of China between 2021 and 2022 were United States ($45.9M), Switzerland ($14M), and Singapore ($6.9M).

Imports In 2022, China imported $141M in Pearl Products, becoming the 3rd largest importer of Pearl Products in the world. At the same year, Pearl Products was the 577th most imported product in China. China imports Pearl Products primarily from: United States ($48.8M), Hong Kong ($23.9M), Japan ($15M), Burma ($12.9M), and China ($11.5M).

The fastest growing import markets in Pearl Products for China between 2021 and 2022 were Japan ($11.2M), United States ($5.21M), and Burma ($5.07M).

COMPANIES In 2023, leading companies such as IKEA Group (2), Spencer Gifts (1), and ReaderLink (1) were at the forefront of shipping Pearl Products from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Pearl Products exports accounted up to $24.4M and imports accounted up to $5.34M, resulting in a positive trade balance of $19M. Between September 2023 and September 2024 the exports of China's   Pearl Products have decreased by $-3.35M (-12.1%) from $27.7M to $24.4M, while imports decreased by $-4.21M (-44.1%) from $9.55M to $5.34M.

Destinations In September 2024, Pearl Products were exported mostly to United States ($13.6M), Hong Kong ($2.9M), United Kingdom ($918k), Spain ($659k), and France ($629k), and were imported mostly from Thailand ($713k), China ($703k), Burma ($622k), Japan ($530k), and Ireland ($486k).

Growth In September 2024, the decrease in Pearl Products's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-1.07M or -27.2%), United States ($-980k or -7.65%), and Austria ($-575k or -63.3%). In September 2024, the decrease in Pearl Products's year-by-year imports was explained primarily by a decrease in imports from China ($-1.07M or -76.7%), Thailand ($-706k or -39.5%), and Brazil ($-387k or -76%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-3.35M(-12.1%)
IMPORT GROWTH (September 2023 - September 2024)$-4.21M(-44.1%)
MAIN EXPORTER (September 2024)Shanghai Province$47.5M
MAIN DESTINATION (September 2024)United States$13.6M

This section shows Pearl Products'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 Pearl Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$424M
IMPORTS (2022)$141M
NET TRADE (2022)$283M

In 2022, China exported $424M in Pearl Products. The main destinations of China exports on Pearl Products were United States ($128M), Hong Kong ($74.6M), Switzerland ($49.1M), Singapore ($16M), and United Kingdom ($15.3M).

In 2022, China imported $141M in Pearl Products, mainly from United States ($48.8M), Hong Kong ($23.9M), Japan ($15M), Burma ($12.9M), and China ($11.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$45.9M (56.2%)
Switzerland$14M (40%)
Singapore$6.9M (75.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY China WERE (2021 - 2022):
Hong Kong-$28.6M (-27.7%)
China-$13.9M (-54.7%)
Chinese Taipei-$4.53M (-31.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Pearl Products were:
United States $313M
Thailand $162M
In 2022, China's main importing competitors in Pearl Products were:
United States $358M
Hong Kong $187M

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Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $2.69M
TOP IMPORT POTENTIALVietnam+ $5.28M

Pearl Products’s highest export potential is Japan. With an export gap of $2.69M.   Pearl Products’s highest import potential is Vietnam with an import gap of $5.28M.

See methodology.

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