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2022
Exports $2.92BWorld Rnk 1 / 200
Flag Rnk 237 / 1216
2022
Destination $57.2M United States
2021 - 2022
FASTEST GROWING MARKET $57.2MCanada
2022
PRODUCT COMPLEXITY IN Electric Filament0.68Rnk 281 / 1025
2022
Imports $453MWorld Rnk 3 / 225
Flag Rnk 368 / 1212
2022
Origin $17.1M Germany
2021 - 2022
FASTEST GROWING ORIGIN $17.1MMalaysia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.92B in Electric Filament, making it the 1st largest exporter of Electric Filament in the world. At the same year, Electric Filament was the 237th most exported product in China. The main destination of Electric Filament exports from China are: United States ($477M), United Kingdom ($124M), Canada ($115M), Germany ($106M), and Netherlands ($104M).

The fastest growing export markets for Electric Filament of China between 2021 and 2022 were Canada ($57.2M), Netherlands ($43.5M), and United Kingdom ($31.4M).

Imports In 2022, China imported $453M in Electric Filament, becoming the 3rd largest importer of Electric Filament in the world. At the same year, Electric Filament was the 368th most imported product in China. China imports Electric Filament primarily from: Germany ($109M), Japan ($105M), United States ($39.6M), China ($37.1M), and Belgium ($19.5M).

The fastest growing import markets in Electric Filament for China between 2021 and 2022 were Malaysia ($17.1M), United States ($6.48M), and United Kingdom ($4.05M).

COMPANIES In 2023, leading companies such as CrimsonLogic (2.43k), You Hao Trading (1.06k), and Itourscm (821) were at the forefront of shipping Electric Filament from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Electric Filament exports accounted up to $505M and imports accounted up to $45.5M, resulting in a positive trade balance of $460M. Between July 2023 and July 2024 the exports of China's   Electric Filament have decreased by $-77.4M (-13.3%) from $583M to $505M, while imports increased by $686k (1.53%) from $44.8M to $45.5M.

Destinations In July 2024, Electric Filament were exported mostly to United States ($116M), Japan ($20.7M), France ($19.9M), Indonesia ($18M), and Poland ($16M), and were imported mostly from Japan ($14.1M), Germany ($7.85M), United States ($4.1M), China ($3.65M), and Poland ($1.85M).

Growth In July 2024, the decrease in Electric Filament's year-by-year exports was explained primarily by a decrease in exports to United States ($-46.2M or -22.6%), Japan ($-14.8M or -39.6%), and Vietnam ($-9.77M or -50%). In July 2024, the increase in Electric Filament's year-by-year imports was explained primarily by an increase in imports from Germany ($961k or 15.9%), United States ($665k or 18.9%), and Malaysia ($446k or 134%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-77.4M(-13.3%)
IMPORT GROWTH (July 2023 - July 2024)$686k(1.53%)
MAIN EXPORTER (July 2024)Zhejiang Province$198M
MAIN DESTINATION (July 2024)United States$116M

This section shows Electric Filament'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 Electric Filament over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.92B
IMPORTS (2022)$453M
NET TRADE (2022)$2.46B

In 2022, China exported $2.92B in Electric Filament. The main destinations of China exports on Electric Filament were United States ($477M), United Kingdom ($124M), Canada ($115M), Germany ($106M), and Netherlands ($104M).

In 2022, China imported $453M in Electric Filament, mainly from Germany ($109M), Japan ($105M), United States ($39.6M), China ($37.1M), and Belgium ($19.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Filament EXPORT MARKETS FOR China WERE (2021 - 2022):
Canada$57.2M (98.6%)
Netherlands$43.5M (71.4%)
United Kingdom$31.4M (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Filament BY China WERE (2021 - 2022):
Pakistan-$27.7M (-53.3%)
Vietnam-$11.7M (-13.2%)
Chinese Taipei-$7.46M (-17.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Electric Filament were:
Germany $1.14B
United States $500M
In 2022, China's main importing competitors in Electric Filament were:
United States $1.15B
Germany $648M

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Trade Value of Electric Filament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $109M
TOP IMPORT POTENTIALSouth Korea+ $10.4M

Electric Filament’s highest export potential is India. With an export gap of $109M.   Electric Filament’s highest import potential is South Korea with an import gap of $10.4M.

See methodology.

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