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2023
Exports $3.79BWorld Rnk 1 / 176
Flag Rnk 162 / 1215
2023
Destination $70.5M United States
2022 - 2023
FASTEST GROWING MARKET $70.5MVietnam
2023
PRODUCT COMPLEXITY IN Vacuum Flask0.63Rnk 315 / 1025
2023
Imports $61.1MWorld Rnk 17 / 213
Flag Rnk 725 / 1214
2023
Origin $18.7M Malaysia
2022 - 2023
FASTEST GROWING ORIGIN $18.7MMalaysia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $3.79B in Vacuum Flask, making it the 1st largest exporter of Vacuum Flask in the world. At the same year, Vacuum Flask was the 162nd most exported product in China. The main destination of Vacuum Flask exports from China are: United States ($1.33B), Canada ($194M), Japan ($163M), India ($122M), and South Korea ($122M).

The fastest growing export markets for Vacuum Flask of China between 2022 and 2023 were Vietnam ($70.5M), Saudi Arabia ($28.5M), and Australia ($26.2M).

Imports In 2023, China imported $61.1M in Vacuum Flask, becoming the 17th largest importer of Vacuum Flask in the world. At the same year, Vacuum Flask was the 725th most imported product in China. China imports Vacuum Flask primarily from: Malaysia ($22.3M), Thailand ($15.6M), Philippines ($7.47M), Japan ($5.26M), and Vietnam ($3.64M).

The fastest growing import markets in Vacuum Flask for China between 2022 and 2023 were Malaysia ($18.7M), France ($464k), and Brazil ($139k).

COMPANIES In 2024, leading companies such as Costco Wholesale (28), IKEA Group (17), and Robert Bosch (12) were at the forefront of shipping Vacuum Flask from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Vacuum Flask exports accounted up to $470M and imports accounted up to $6.3M, resulting in a positive trade balance of $464M. Between December 2023 and December 2024 the exports of China's   Vacuum Flask have increased by $175M (59.6%) from $294M to $470M, while imports decreased by $-1.01M (-13.8%) from $7.31M to $6.3M.

Destinations In December 2024, Vacuum Flask were exported mostly to United States ($150M), Netherlands ($21M), Japan ($17.6M), Saudi Arabia ($17.3M), and South Korea ($14.2M), and were imported mostly from Thailand ($1.76M), China ($1.67M), Malaysia ($1.5M), Switzerland ($504k), and Philippines ($316k).

Growth In December 2024, the increase in Vacuum Flask's year-by-year exports was explained primarily by an increase in exports to United States ($47.8M or 36%), Brazil ($12M or 113%), and Indonesia ($5.65M or 126%). In December 2024, the decrease in Vacuum Flask's year-by-year imports was explained primarily by a decrease in imports from Japan ($-158k or -26.1%), Italy ($-47.3k or -70.5%), and Germany ($-39.8k or -79.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$175M(59.6%)
IMPORT GROWTH (December 2023 - December 2024)$-1.01M(-13.8%)
MAIN EXPORTER (December 2024)Zhejiang Province$379M
MAIN DESTINATION (December 2024)United States$150M

This section shows Vacuum Flask'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 Vacuum Flask over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.79B
IMPORTS (2023)$61.1M
NET TRADE (2023)$3.73B

In 2023, China exported $3.79B in Vacuum Flask. The main destinations of China exports on Vacuum Flask were United States ($1.33B), Canada ($194M), Japan ($163M), India ($122M), and South Korea ($122M).

In 2023, China imported $61.1M in Vacuum Flask, mainly from Malaysia ($22.3M), Thailand ($15.6M), Philippines ($7.47M), Japan ($5.26M), and Vietnam ($3.64M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vacuum Flask EXPORT MARKETS FOR China WERE (2022 - 2023):
Vietnam$70.5M (189%)
Saudi Arabia$28.5M (33.8%)
Australia$26.2M (28%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vacuum Flask BY China WERE (2022 - 2023):
United States-$54.9M (-3.96%)
United Arab Emirates-$46.8M (-60%)
Canada-$22.5M (-10.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Vacuum Flask were:
Thailand $81.2M
Germany $78.8M
In 2023, China's main importing competitors in Vacuum Flask were:
United States $1.36B
Japan $253M
Canada $203M

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Trade Value of Vacuum Flask by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $48.5M
TOP IMPORT POTENTIALVietnam+ $1.16M

Vacuum Flask’s highest export potential is India. With an export gap of $48.5M.   Vacuum Flask’s highest import potential is Vietnam with an import gap of $1.16M.

See methodology.

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