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2022
Exports $7.44MWorld Rnk 3 / 110
Flag Rnk 1104 / 1216
2022
Destination $351k Vietnam
2021 - 2022
FASTEST GROWING MARKET $351kSingapore
2022
Imports $1.96MWorld Rnk 9 / 179
Flag Rnk 1134 / 1212
2022
Origin $736k United States
2021 - 2022
FASTEST GROWING ORIGIN $736kUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.44M in Textile Wicks, making it the 3rd largest exporter of Textile Wicks in the world. At the same year, Textile Wicks was the 1104th most exported product in China. The main destination of Textile Wicks exports from China are: Vietnam ($1.34M), United States ($1.25M), Australia ($544k), Singapore ($400k), and Germany ($374k).

The fastest growing export markets for Textile Wicks of China between 2021 and 2022 were Singapore ($351k), Vietnam ($247k), and Germany ($229k).

Imports In 2022, China imported $1.96M in Textile Wicks, becoming the 9th largest importer of Textile Wicks in the world. At the same year, Textile Wicks was the 1134th most imported product in China. China imports Textile Wicks primarily from: United States ($1.37M), Germany ($316k), Japan ($127k), South Korea ($79.7k), and Chile ($27.5k).

The fastest growing import markets in Textile Wicks for China between 2021 and 2022 were United States ($736k), United Kingdom ($7.6k), and United Arab Emirates ($2.06k).

COMPANIES In 2023, leading companies such as H&M Clothing (69), Amazon (11), and IKEA Group (5) were at the forefront of shipping Textile Wicks from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Textile Wicks exports accounted up to $454k and imports accounted up to $141k, resulting in a positive trade balance of $313k. Between July 2023 and July 2024 the exports of China's   Textile Wicks have decreased by $-107k (-19%) from $561k to $454k, while imports increased by $79.3k (129%) from $61.6k to $141k.

Destinations In July 2024, Textile Wicks were exported mostly to Vietnam ($98.6k), United States ($79.2k), Malaysia ($35.4k), Germany ($33.5k), and Thailand ($27.4k), and were imported mostly from United States ($94.5k), Germany ($25.2k), South Korea ($16.4k), Japan ($4.38k), and Netherlands ($406).

Growth In July 2024, the decrease in Textile Wicks's year-by-year exports was explained primarily by a decrease in exports to United States ($-95.7k or -58.9%), Vietnam ($-92.3k or -76%), and Jordan ($-36.5k or -97.3%). In July 2024, the increase in Textile Wicks's year-by-year imports was explained primarily by an increase in imports from Germany ($48k or 180%) and Japan ($21.2k or 910%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-107k(-19%)
IMPORT GROWTH (July 2023 - July 2024)$79.3k(129%)
MAIN EXPORTER (July 2024)Zhejiang Province$193k
MAIN DESTINATION (July 2024)Vietnam$98.6k

This section shows Textile Wicks'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 Textile Wicks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.44M
IMPORTS (2022)$1.96M
NET TRADE (2022)$5.48M

In 2022, China exported $7.44M in Textile Wicks. The main destinations of China exports on Textile Wicks were Vietnam ($1.34M), United States ($1.25M), Australia ($544k), Singapore ($400k), and Germany ($374k).

In 2022, China imported $1.96M in Textile Wicks, mainly from United States ($1.37M), Germany ($316k), Japan ($127k), South Korea ($79.7k), and Chile ($27.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Wicks EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$351k (705%)
Vietnam$247k (22.6%)
Germany$229k (158%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Wicks BY China WERE (2021 - 2022):
United States-$1.17M (-48.4%)
Iraq-$294k (-67.9%)
United Kingdom-$154k (-42.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Textile Wicks were:
Germany $17.9M
United States $8.26M
In 2022, China's main importing competitors in Textile Wicks were:
United States $9.19M
Poland $5.8M
Germany $4.89M

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Trade Value of Textile Wicks by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Textile Wicks’s highest export potential is N/A. With an export gap of N/A.   Textile Wicks’s highest import potential is N/A with an import gap of N/A.

See methodology.

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