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2022
Exports $16.8BWorld Rnk 1 / 216
Flag Rnk 45 / 1216
2022
Destination $793M United States
2021 - 2022
FASTEST GROWING MARKET $793MUnited States
2022
PRODUCT COMPLEXITY IN Plastic Housewares-0.46Rnk 686 / 1025
2022
Imports $170MWorld Rnk 31 / 223
Flag Rnk 540 / 1212
2022
Origin $5.47M China
2021 - 2022
FASTEST GROWING ORIGIN $5.47MMalaysia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $16.8B in Plastic Housewares, making it the 1st largest exporter of Plastic Housewares in the world. At the same year, Plastic Housewares was the 45th most exported product in China. The main destination of Plastic Housewares exports from China are: United States ($6.73B), Japan ($593M), Australia ($553M), Malaysia ($536M), and Philippines ($495M).

The fastest growing export markets for Plastic Housewares of China between 2021 and 2022 were United States ($793M), Singapore ($228M), and Malaysia ($127M).

Imports In 2022, China imported $170M in Plastic Housewares, becoming the 31st largest importer of Plastic Housewares in the world. At the same year, Plastic Housewares was the 540th most imported product in China. China imports Plastic Housewares primarily from: China ($56.1M), Japan ($21.8M), South Korea ($17.8M), Malaysia ($14.8M), and Singapore ($7.67M).

The fastest growing import markets in Plastic Housewares for China between 2021 and 2022 were Malaysia ($5.47M), Singapore ($4.48M), and United Arab Emirates ($742k).

COMPANIES In 2023, leading companies such as IKEA Group (602), 99 Cents Only Stores (277), and Lollicup (239) were at the forefront of shipping Plastic Housewares from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Plastic Housewares exports accounted up to $1.29B and imports accounted up to $14.2M, resulting in a positive trade balance of $1.27B. Between October 2023 and October 2024 the exports of China's   Plastic Housewares have increased by $66M (5.41%) from $1.22B to $1.29B, while imports increased by $443k (3.22%) from $13.7M to $14.2M.

Destinations In October 2024, Plastic Housewares were exported mostly to United States ($407M), Malaysia ($43.6M), United Kingdom ($40.1M), Japan ($37.5M), and Australia ($35.5M), and were imported mostly from China ($4.46M), Malaysia ($3.34M), Japan ($1.47M), Singapore ($876k), and South Korea ($760k).

Growth In October 2024, the increase in Plastic Housewares's year-by-year exports was explained primarily by an increase in exports to Australia ($39.6M or 86.5%), Singapore ($35.5M or 158%), and Saudi Arabia ($11.3M or 34.9%). In October 2024, the increase in Plastic Housewares's year-by-year imports was explained primarily by an increase in imports from Malaysia ($2M or 338%), Singapore ($919k or 2.86k%), and New Zealand ($107k or 101%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$66M(5.41%)
IMPORT GROWTH (October 2023 - October 2024)$443k(3.22%)
MAIN EXPORTER (October 2024)Zhejiang Province$725M
MAIN DESTINATION (October 2024)United States$407M

This section shows Plastic Housewares'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 Plastic Housewares over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.8B
IMPORTS (2022)$170M
NET TRADE (2022)$16.6B

In 2022, China exported $16.8B in Plastic Housewares. The main destinations of China exports on Plastic Housewares were United States ($6.73B), Japan ($593M), Australia ($553M), Malaysia ($536M), and Philippines ($495M).

In 2022, China imported $170M in Plastic Housewares, mainly from China ($56.1M), Japan ($21.8M), South Korea ($17.8M), Malaysia ($14.8M), and Singapore ($7.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Housewares EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$793M (13.4%)
Singapore$228M (117%)
Malaysia$127M (30.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Housewares BY China WERE (2021 - 2022):
Russia-$28.2M (-16.3%)
Ukraine-$21.6M (-62.4%)
Brazil-$19.4M (-15%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Plastic Housewares were:
United States $981M
Germany $844M
In 2022, China's main importing competitors in Plastic Housewares were:
United States $8.48B
Germany $1.26B
Canada $1B

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Trade Value of Plastic Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $84.5M
TOP IMPORT POTENTIALIndia+ $7.61M

Plastic Housewares’s highest export potential is Vietnam. With an export gap of $84.5M.   Plastic Housewares’s highest import potential is India with an import gap of $7.61M.

See methodology.

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