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2022
Exports $1.27BWorld Rnk 1 / 179
Flag Rnk 386 / 1216
2022
Destination $84M United States
2021 - 2022
FASTEST GROWING MARKET $84MHong Kong
2022
PRODUCT COMPLEXITY IN Candles0.33Rnk 433 / 1025
2022
Imports $29MWorld Rnk 35 / 219
Flag Rnk 870 / 1212
2022
Origin $1.36M France
2021 - 2022
FASTEST GROWING ORIGIN $1.36MItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.27B in Candles, making it the 1st largest exporter of Candles in the world. At the same year, Candles was the 386th most exported product in China. The main destination of Candles exports from China are: United States ($113M), United Kingdom ($113M), Germany ($92.4M), Hong Kong ($87M), and Netherlands ($69.4M).

The fastest growing export markets for Candles of China between 2021 and 2022 were Hong Kong ($84M), Thailand ($33.4M), and Kazakhstan ($31.1M).

Imports In 2022, China imported $29M in Candles, becoming the 35th largest importer of Candles in the world. At the same year, Candles was the 870th most imported product in China. China imports Candles primarily from: France ($10.7M), United States ($4.19M), Spain ($2.96M), Italy ($2.61M), and United Kingdom ($1.7M).

The fastest growing import markets in Candles for China between 2021 and 2022 were Italy ($1.36M), Vietnam ($1.16M), and Spain ($617k).

COMPANIES In 2023, leading companies such as QVC Inc (14), Loblaws Supermarkets (9), and IKEA Group (8) were at the forefront of shipping Candles from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Candles exports accounted up to $102M and imports accounted up to $2.14M, resulting in a positive trade balance of $100M. Between July 2023 and July 2024 the exports of China's   Candles have increased by $11.3M (12.4%) from $91M to $102M, while imports decreased by $-1.57M (-42.4%) from $3.72M to $2.14M.

Destinations In July 2024, Candles were exported mostly to United Kingdom ($15.6M), Netherlands ($12.3M), United States ($7.56M), Poland ($7M), and France ($5.35M), and were imported mostly from France ($647k), United Kingdom ($464k), Spain ($460k), United States ($165k), and Vietnam ($142k).

Growth In July 2024, the increase in Candles's year-by-year exports was explained primarily by an increase in exports to Philippines ($2.73M or 500%), Vietnam ($1.82M or 656%), and Canada ($1.49M or 57%). In July 2024, the decrease in Candles's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-76.3k or -79.7%), Spain ($-68.5k or -34.3%), and Netherlands ($-37.1k or -88.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$11.3M(12.4%)
IMPORT GROWTH (July 2023 - July 2024)$-1.57M(-42.4%)
MAIN EXPORTER (July 2024)Zhejiang Province$41.7M
MAIN DESTINATION (July 2024)United Kingdom$15.6M

This section shows Candles'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 Candles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.27B
IMPORTS (2022)$29M
NET TRADE (2022)$1.24B

In 2022, China exported $1.27B in Candles. The main destinations of China exports on Candles were United States ($113M), United Kingdom ($113M), Germany ($92.4M), Hong Kong ($87M), and Netherlands ($69.4M).

In 2022, China imported $29M in Candles, mainly from France ($10.7M), United States ($4.19M), Spain ($2.96M), Italy ($2.61M), and United Kingdom ($1.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$84M (2.83k%)
Thailand$33.4M (850%)
Kazakhstan$31.1M (2.51k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY China WERE (2021 - 2022):
United Kingdom-$7.37M (-6.13%)
Ireland-$4.64M (-41%)
Norway-$2.82M (-45.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Candles were:
Poland $987M
Vietnam $615M
In 2022, China's main importing competitors in Candles were:
United States $1.08B
Germany $681M
United Kingdom $373M

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $41.5M
TOP IMPORT POTENTIALVietnam+ $3.23M

Candles’s highest export potential is United States. With an export gap of $41.5M.   Candles’s highest import potential is Vietnam with an import gap of $3.23M.

See methodology.

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