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2022
Exports $3.28BWorld Rnk 1 / 175
Flag Rnk 209 / 1216
2022
Destination $55M United States
2021 - 2022
FASTEST GROWING MARKET $55MNigeria
2022
PRODUCT COMPLEXITY IN Fake Hair-2.31Rnk 1013 / 1025
2022
Imports $41MWorld Rnk 18 / 210
Flag Rnk 816 / 1212
2022
Origin $11.2M North Korea
2021 - 2022
FASTEST GROWING ORIGIN $11.2MNorth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.28B in Fake Hair, making it the 1st largest exporter of Fake Hair in the world. At the same year, Fake Hair was the 209th most exported product in China. The main destination of Fake Hair exports from China are: United States ($1.33B), Nigeria ($460M), South Africa ($180M), Ghana ($152M), and United Kingdom ($143M).

The fastest growing export markets for Fake Hair of China between 2021 and 2022 were Nigeria ($55M), South Africa ($35.5M), and Democratic Republic of the Congo ($16.2M).

Imports In 2022, China imported $41M in Fake Hair, becoming the 18th largest importer of Fake Hair in the world. At the same year, Fake Hair was the 816th most imported product in China. China imports Fake Hair primarily from: North Korea ($11.6M), Bangladesh ($7.66M), China ($5.28M), United States ($4.68M), and Burma ($2.28M).

The fastest growing import markets in Fake Hair for China between 2021 and 2022 were North Korea ($11.2M), Bangladesh ($5.5M), and Ghana ($1.1M).

COMPANIES In 2023, leading companies such as CrimsonLogic (67), Spencer Gifts (6), and CSI Importers (3) were at the forefront of shipping Fake Hair from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Fake Hair exports accounted up to $384M and imports accounted up to $13.4M, resulting in a positive trade balance of $371M. Between September 2023 and September 2024 the exports of China's   Fake Hair have decreased by $-75.9M (-16.5%) from $460M to $384M, while imports decreased by $-6.09M (-31.3%) from $19.5M to $13.4M.

Destinations In September 2024, Fake Hair were exported mostly to United States ($180M), Nigeria ($48.9M), South Africa ($28.3M), Ghana ($18.2M), and United Kingdom ($14.3M), and were imported mostly from North Korea ($11.8M), China ($913k), Burma ($214k), Nigeria ($141k), and Bangladesh ($125k).

Growth In September 2024, the decrease in Fake Hair's year-by-year exports was explained primarily by a decrease in exports to Nigeria ($-26.1M or -44.2%), United States ($-23.6M or -9.87%), and South Africa ($-14.1M or -46.7%). In September 2024, the decrease in Fake Hair's year-by-year imports was explained primarily by a decrease in imports from Nigeria ($-1.56M or -99.9%), Indonesia ($-981k or -99.3%), and China ($-107k or -17.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-75.9M(-16.5%)
IMPORT GROWTH (September 2023 - September 2024)$-6.09M(-31.3%)
MAIN EXPORTER (September 2024)Henan Province$271M
MAIN DESTINATION (September 2024)United States$180M

This section shows Fake Hair'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 Fake Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.28B
IMPORTS (2022)$41M
NET TRADE (2022)$3.24B

In 2022, China exported $3.28B in Fake Hair. The main destinations of China exports on Fake Hair were United States ($1.33B), Nigeria ($460M), South Africa ($180M), Ghana ($152M), and United Kingdom ($143M).

In 2022, China imported $41M in Fake Hair, mainly from North Korea ($11.6M), Bangladesh ($7.66M), China ($5.28M), United States ($4.68M), and Burma ($2.28M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Fake Hair EXPORT MARKETS FOR China WERE (2021 - 2022):
Nigeria$55M (13.6%)
South Africa$35.5M (24.6%)
Democratic Republic of the Congo$16.2M (33.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fake Hair BY China WERE (2021 - 2022):
United States-$61.5M (-4.43%)
Ghana-$49.7M (-24.6%)
Dominican Republic-$11.2M (-20.8%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Fake Hair were:
Indonesia $482M
Bangladesh $186M
In 2022, China's main importing competitors in Fake Hair were:
United States $2.01B
Nigeria $461M
South Africa $226M

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Trade Value of Fake Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $16.5M
TOP IMPORT POTENTIALBangladesh+ $3.74M

Fake Hair’s highest export potential is Japan. With an export gap of $16.5M.   Fake Hair’s highest import potential is Bangladesh with an import gap of $3.74M.

See methodology.

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