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2022
Exports $493MWorld Rnk 1 / 154
Flag Rnk 583 / 1216
2022
Destination $11.5M Vietnam
2021 - 2022
FASTEST GROWING MARKET $11.5MEthiopia
2022
PRODUCT COMPLEXITY IN Artificial Filament Sewing Thread-0.37Rnk 665 / 1025
2022
Imports $35.6MWorld Rnk 7 / 202
Flag Rnk 838 / 1212
2022
Origin $2.04M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $2.04MUnited Kingdom
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $493M in Artificial Filament Sewing Thread, making it the 1st largest exporter of Artificial Filament Sewing Thread in the world. At the same year, Artificial Filament Sewing Thread was the 583rd most exported product in China. The main destination of Artificial Filament Sewing Thread exports from China are: Vietnam ($44M), Cambodia ($29.7M), Hong Kong ($26.2M), Pakistan ($23.9M), and Burma ($19.3M).

The fastest growing export markets for Artificial Filament Sewing Thread of China between 2021 and 2022 were Ethiopia ($11.5M), Burma ($6.72M), and Kyrgyzstan ($5.85M).

Imports In 2022, China imported $35.6M in Artificial Filament Sewing Thread, becoming the 7th largest importer of Artificial Filament Sewing Thread in the world. At the same year, Artificial Filament Sewing Thread was the 838th most imported product in China. China imports Artificial Filament Sewing Thread primarily from: United Kingdom ($8.55M), Japan ($7.31M), Germany ($6.12M), China ($4.85M), and South Korea ($3.25M).

The fastest growing import markets in Artificial Filament Sewing Thread for China between 2021 and 2022 were United Kingdom ($2.04M), United States ($357k), and Vietnam ($179k).

COMPANIES In 2023, leading companies such as CrimsonLogic (1) were at the forefront of shipping Artificial Filament Sewing Thread from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Artificial Filament Sewing Thread exports accounted up to $35.8M and imports accounted up to $2.18M, resulting in a positive trade balance of $33.6M. Between October 2023 and October 2024 the exports of China's   Artificial Filament Sewing Thread have increased by $4.68M (15%) from $31.1M to $35.8M, while imports decreased by $-1.3M (-37.4%) from $3.48M to $2.18M.

Destinations In October 2024, Artificial Filament Sewing Thread were exported mostly to Vietnam ($4.44M), Cambodia ($3.12M), Burma ($1.58M), Bangladesh ($1.4M), and Pakistan ($1.32M), and were imported mostly from Japan ($733k), South Korea ($390k), Germany ($389k), United Kingdom ($250k), and United States ($83.8k).

Growth In October 2024, the increase in Artificial Filament Sewing Thread's year-by-year exports was explained primarily by an increase in exports to Mexico ($623k or 143%), Russia ($525k or 80.2%), and Saudi Arabia ($495k or 103%). In October 2024, the decrease in Artificial Filament Sewing Thread's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-196k or -85.4%), Japan ($-188k or -40.1%), and China ($-181k or -31%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$4.68M(15%)
IMPORT GROWTH (October 2023 - October 2024)$-1.3M(-37.4%)
MAIN EXPORTER (October 2024)Zhejiang Province$20.1M
MAIN DESTINATION (October 2024)Vietnam$4.44M

This section shows Artificial Filament Sewing Thread'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 Artificial Filament Sewing Thread over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$493M
IMPORTS (2022)$35.6M
NET TRADE (2022)$458M

In 2022, China exported $493M in Artificial Filament Sewing Thread. The main destinations of China exports on Artificial Filament Sewing Thread were Vietnam ($44M), Cambodia ($29.7M), Hong Kong ($26.2M), Pakistan ($23.9M), and Burma ($19.3M).

In 2022, China imported $35.6M in Artificial Filament Sewing Thread, mainly from United Kingdom ($8.55M), Japan ($7.31M), Germany ($6.12M), China ($4.85M), and South Korea ($3.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Filament Sewing Thread EXPORT MARKETS FOR China WERE (2021 - 2022):
Ethiopia$11.5M (184%)
Burma$6.72M (53.2%)
Kyrgyzstan$5.85M (410%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Filament Sewing Thread BY China WERE (2021 - 2022):
Hong Kong-$14.4M (-35.5%)
Kazakhstan-$11.5M (-72.2%)
Nicaragua-$2.67M (-44.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Artificial Filament Sewing Thread were:
Germany $170M
United States $109M
In 2022, China's main importing competitors in Artificial Filament Sewing Thread were:
Mexico $97.6M
Germany $82.7M
Vietnam $68.9M

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Trade Value of Artificial Filament Sewing Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.95M
TOP IMPORT POTENTIALGermany+ $1.43M

Artificial Filament Sewing Thread’s highest export potential is India. With an export gap of $5.95M.   Artificial Filament Sewing Thread’s highest import potential is Germany with an import gap of $1.43M.

See methodology.

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