Razor Blades in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $611M in Razor Blades, making it the 2nd largest exporter of Razor Blades in the world. At the same year, Razor Blades was the 543rd most exported product in China. The main destination of Razor Blades exports from China are: United States ($91.6M), Japan ($74.7M), Mexico ($47.4M), Poland ($30.6M), and Czechia ($29.5M).

The fastest growing export markets for Razor Blades of China between 2021 and 2022 were Japan ($17.1M), Netherlands ($16.3M), and United Kingdom ($13.6M).

Imports In 2022, China imported $147M in Razor Blades, becoming the 6th largest importer of Razor Blades in the world. At the same year, Razor Blades was the 568th most imported product in China. China imports Razor Blades primarily from: Germany ($35M), United States ($28.4M), Greece ($21.1M), Poland ($17.5M), and Vietnam ($10.8M).

The fastest growing import markets in Razor Blades for China between 2021 and 2022 were Greece ($18.4M), United States ($8.17M), and Austria ($1.86M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (167k), ROBERT BOSCH LLC (27.3k), and COSTCO WHOLESALE COPRORATION (348) were at the forefront of shipping Razor Blades from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Razor Blades exports accounted up to $36M and imports accounted up to $9.42M, resulting in a positive trade balance of $26.6M. Between February 2023 and February 2024 the exports of China's Razor Blades have increased by $6.99M (24.1%) from $29.1M to $36M, while imports increased by $110k (1.18%) from $9.31M to $9.42M.

Destinations In February 2024, Razor Blades were exported mostly to United States ($5.19M), Mexico ($3.63M), Japan ($2.59M), Russia ($2.5M), and Netherlands ($2.43M), and were imported mostly from Germany ($4.84M), United States ($2.15M), Vietnam ($609k), China ($520k), and Japan ($478k).

Growth In February 2024, the increase in Razor Blades's year-by-year exports was explained primarily by an increase in exports to United States ($2.41M or 26%), South Korea ($1.56M or 71.7%), and Russia ($1.13M or 181%). In February 2024, the increase in Razor Blades's year-by-year imports was explained primarily by an increase in imports from China ($152k or 122%), Czechia ($132k or 31.4k%), and Mexico ($108k or 192%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$6.99M(24.1%)

IMPORT GROWTH (February 2023 - February 2024)$110k(1.18%)

MAIN EXPORTER (February 2024)Zhejiang Province$23.4M

MAIN DESTINATION (February 2024)United States$5.19M

This section shows Razor Blades'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 Razor Blades over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$611M

IMPORTS (2022)$147M

NET TRADE (2022)$464M

In 2022, China exported $611M in Razor Blades. The main destinations of China exports on Razor Blades were United States ($91.6M), Japan ($74.7M), Mexico ($47.4M), Poland ($30.6M), and Czechia ($29.5M).

In 2022, China imported $147M in Razor Blades, mainly from Germany ($35M), United States ($28.4M), Greece ($21.1M), Poland ($17.5M), and Vietnam ($10.8M).

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