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2023
Exports $243MWorld Rnk 3 / 133
Flag Rnk 714 / 1215
2023
Destination $153M North Korea
2022 - 2023
FASTEST GROWING MARKET $153MNorth Korea
2023
PRODUCT COMPLEXITY IN Processed Hair-1.45Rnk 937 / 1025
2023
Imports $1.08BWorld Rnk 1 / 175
Flag Rnk 207 / 1214
2023
Origin $89.6M Burma
2022 - 2023
FASTEST GROWING ORIGIN $89.6MIndia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $243M in Processed Hair, making it the 3rd largest exporter of Processed Hair in the world. At the same year, Processed Hair was the 714th most exported product in China. The main destination of Processed Hair exports from China are: North Korea ($160M), Bangladesh ($15.6M), United Kingdom ($14.5M), Germany ($9.65M), and Hong Kong ($5.37M).

The fastest growing export markets for Processed Hair of China between 2022 and 2023 were North Korea ($153M), Germany ($6.27M), and Vietnam ($4.73M).

Imports In 2023, China imported $1.08B in Processed Hair, becoming the 1st largest importer of Processed Hair in the world. At the same year, Processed Hair was the 207th most imported product in China. China imports Processed Hair primarily from: Burma ($512M), India ($472M), Bangladesh ($67.4M), South Korea ($7.67M), and Italy ($5.48M).

The fastest growing import markets in Processed Hair for China between 2022 and 2023 were India ($89.6M), Burma ($89.6M), and South Korea ($2.76M).

COMPANIES In 2024, leading companies such as MerchSource (1) were at the forefront of shipping Processed Hair from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Processed Hair exports accounted up to $21.6M and imports accounted up to $120M, resulting in a negative trade balance of $98M. Between December 2023 and December 2024 the exports of China's   Processed Hair have increased by $3.13M (17%) from $18.4M to $21.6M, while imports increased by $952k (0.8%) from $119M to $120M.

Destinations In December 2024, Processed Hair were exported mostly to North Korea ($17.7M), Bangladesh ($1.04M), Indonesia ($955k), Vietnam ($920k), and Turkey ($219k), and were imported mostly from Burma ($54.3M), India ($47.5M), Bangladesh ($16.3M), Indonesia ($613k), and South Korea ($453k).

Growth In December 2024, the increase in Processed Hair's year-by-year exports was explained primarily by an increase in exports to North Korea ($14.6M or 134%), Hong Kong ($1.08M or 1.52M%), and Bangladesh ($248k or 100%). In December 2024, the increase in Processed Hair's year-by-year imports was explained primarily by an increase in imports from India ($25.2M or 78.2%), Burma ($18.8M or 69.4%), and Bangladesh ($3.91M or 100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$3.13M(17%)
IMPORT GROWTH (December 2023 - December 2024)$952k(0.8%)
MAIN EXPORTER (December 2024)Jilin Province$15.9M
MAIN DESTINATION (December 2024)North Korea$17.7M

This section shows Processed Hair'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 Processed Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$243M
IMPORTS (2023)$1.08B
NET TRADE (2023)-$838M

In 2023, China exported $243M in Processed Hair. The main destinations of China exports on Processed Hair were North Korea ($160M), Bangladesh ($15.6M), United Kingdom ($14.5M), Germany ($9.65M), and Hong Kong ($5.37M).

In 2023, China imported $1.08B in Processed Hair, mainly from Burma ($512M), India ($472M), Bangladesh ($67.4M), South Korea ($7.67M), and Italy ($5.48M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Hair EXPORT MARKETS FOR China WERE (2022 - 2023):
North Korea$153M (2.13k%)
Germany$6.27M (186%)
Vietnam$4.73M (3.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Hair BY China WERE (2022 - 2023):
Hong Kong-$12.4M (-69.9%)
Bangladesh-$8.54M (-35.3%)
Australia-$3.48M (-98.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Processed Hair were:
India $540M
Burma $514M
In 2023, China's main importing competitors in Processed Hair were:
North Korea $160M
United States $23.7M

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Trade Value of Processed Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.45M
TOP IMPORT POTENTIALIndia+ $6.81M

Processed Hair’s highest export potential is United States. With an export gap of $1.45M.   Processed Hair’s highest import potential is India with an import gap of $6.81M.

See methodology.

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