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2022
Exports $4.05BWorld Rnk 1 / 171
Flag Rnk 174 / 1216
2022
Destination $339M United States
2021 - 2022
FASTEST GROWING MARKET $339MUnited States
2022
PRODUCT COMPLEXITY IN Vacuum Flask0.56Rnk 338 / 1025
2022
Imports $66.3MWorld Rnk 18 / 213
Flag Rnk 726 / 1212
2022
Origin $729k China
2021 - 2022
FASTEST GROWING ORIGIN $729kUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $4.05B in Vacuum Flask, making it the 1st largest exporter of Vacuum Flask in the world. At the same year, Vacuum Flask was the 174th most exported product in China. The main destination of Vacuum Flask exports from China are: United States ($1.48B), Japan ($192M), India ($163M), South Korea ($128M), and Philippines ($112M).

The fastest growing export markets for Vacuum Flask of China between 2021 and 2022 were United States ($339M), Philippines ($69.5M), and India ($60.2M).

Imports In 2022, China imported $66.3M in Vacuum Flask, becoming the 18th largest importer of Vacuum Flask in the world. At the same year, Vacuum Flask was the 726th most imported product in China. China imports Vacuum Flask primarily from: China ($22.4M), Thailand ($15.7M), Malaysia ($6.85M), Japan ($5.54M), and Chinese Taipei ($4.79M).

The fastest growing import markets in Vacuum Flask for China between 2021 and 2022 were United States ($729k), Singapore ($672k), and Denmark ($174k).

COMPANIES In 2023, leading companies such as Costco Wholesale (31), IKEA Group (21), and Loblaws Supermarkets (9) were at the forefront of shipping Vacuum Flask from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Vacuum Flask exports accounted up to $472M and imports accounted up to $9.65M, resulting in a positive trade balance of $462M. Between October 2023 and October 2024 the exports of China's   Vacuum Flask have increased by $80.4M (20.6%) from $391M to $472M, while imports decreased by $-4.94M (-33.8%) from $14.6M to $9.65M.

Destinations In October 2024, Vacuum Flask were exported mostly to United States ($169M), Japan ($15.9M), Netherlands ($13.5M), Australia ($13.4M), and South Korea ($12.7M), and were imported mostly from Malaysia ($4.12M), China ($2.03M), Thailand ($1.75M), Japan ($671k), and Mexico ($461k).

Growth In October 2024, the increase in Vacuum Flask's year-by-year exports was explained primarily by an increase in exports to India ($5.49M or 36.9%), Mexico ($4.21M or 78.5%), and United Arab Emirates ($3.81M or 47.7%). In October 2024, the decrease in Vacuum Flask's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-2.61M or -76.7%), Malaysia ($-1.92M or -51.6%), and China ($-1.22M or -61%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$80.4M(20.6%)
IMPORT GROWTH (October 2023 - October 2024)$-4.94M(-33.8%)
MAIN EXPORTER (October 2024)Zhejiang Province$379M
MAIN DESTINATION (October 2024)United States$169M

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 (2022)$4.05B
IMPORTS (2022)$66.3M
NET TRADE (2022)$3.98B

In 2022, China exported $4.05B in Vacuum Flask. The main destinations of China exports on Vacuum Flask were United States ($1.48B), Japan ($192M), India ($163M), South Korea ($128M), and Philippines ($112M).

In 2022, China imported $66.3M in Vacuum Flask, mainly from China ($22.4M), Thailand ($15.7M), Malaysia ($6.85M), Japan ($5.54M), and Chinese Taipei ($4.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vacuum Flask EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$339M (29.6%)
Philippines$69.5M (164%)
India$60.2M (58.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vacuum Flask BY China WERE (2021 - 2022):
Canada-$30.8M (-23.1%)
Hong Kong-$16.1M (-45.4%)
China-$14.1M (-38.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Vacuum Flask were:
United States $135M
Germany $89.2M
In 2022, China's main importing competitors in Vacuum Flask were:
United States $1.54B
Japan $282M
Germany $172M

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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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