2023
Exports
$679MWorld Rnk 2 / 185
Flag Rnk 502 / 1215
2023
PRODUCT COMPLEXITY IN Cutting Blades
1.39Rnk 64 / 1025
2023
Imports
$206MWorld Rnk 3 / 221
Flag Rnk 494 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $679M in Cutting Blades, making it the 2nd largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 502nd most exported product in China. The main destination of Cutting Blades exports from China are: Russia ($136M), India ($63.5M), United States ($54.8M), Japan ($43.9M), and Vietnam ($31.8M).

The fastest growing export markets for Cutting Blades of China between 2022 and 2023 were Russia ($68.3M), India ($43.5M), and South Korea ($7.11M).

Imports In 2023, China imported $206M in Cutting Blades, becoming the 3rd largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 494th most imported product in China. China imports Cutting Blades primarily from: South Korea ($38.9M), Japan ($29.6M), Germany ($27.2M), India ($24.3M), and Chinese Taipei ($12.4M).

The fastest growing import markets in Cutting Blades for China between 2022 and 2023 were South Korea ($28.2M), India ($9.75M), and Hong Kong ($6.3M).

COMPANIES In 2024, leading companies such as Itourscm (455), CrimsonLogic (375), and Ameziel (225) were at the forefront of shipping Cutting Blades from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$8.9M(13.3%)
IMPORT GROWTH (December 2023 - December 2024)$68.1k(0.11%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Russia$14M

This section shows Cutting Blades'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 Cutting Blades over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$679M
IMPORTS (2023)$206M
NET TRADE (2023)$472M

In 2023, China exported $679M in Cutting Blades. The main destinations of China exports on Cutting Blades were Russia ($136M), India ($63.5M), United States ($54.8M), Japan ($43.9M), and Vietnam ($31.8M).

In 2023, China imported $206M in Cutting Blades, mainly from South Korea ($38.9M), Japan ($29.6M), Germany ($27.2M), India ($24.3M), and Chinese Taipei ($12.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$68.3M (102%)
India$43.5M (218%)
South Korea$7.11M (77.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY China WERE (2022 - 2023):
Vietnam-$15.2M (-32.3%)
United States-$11.3M (-17.1%)
Germany-$6.12M (-17.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Cutting Blades were:
In 2023, China's main importing competitors in Cutting Blades were:

Explore Visualizations

Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.7M
TOP IMPORT POTENTIALGermany+ $7.83M

Cutting Blades’s highest export potential is United States. With an export gap of $16.7M.   Cutting Blades’s highest import potential is Germany with an import gap of $7.83M.

See methodology.

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