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2023
Exports $2.25BWorld Rnk 1 / 181
Flag Rnk 253 / 1215
2023
Destination $85.4M United States
2022 - 2023
FASTEST GROWING MARKET $85.4MNigeria
2023
PRODUCT COMPLEXITY IN Fake Hair-2.35Rnk 1013 / 1025
2023
Imports $195MWorld Rnk 3 / 208
Flag Rnk 507 / 1214
2023
Origin $155M North Korea
2022 - 2023
FASTEST GROWING ORIGIN $155MNorth Korea
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.25B in Fake Hair, making it the 1st largest exporter of Fake Hair in the world. At the same year, Fake Hair was the 253rd most exported product in China. The main destination of Fake Hair exports from China are: United States ($887M), Nigeria ($428M), United Kingdom ($108M), Democratic Republic of the Congo ($90.5M), and Japan ($65.2M).

The fastest growing export markets for Fake Hair of China between 2022 and 2023 were Nigeria ($85.4M), Democratic Republic of the Congo ($60.9M), and Australia ($14.6M).

Imports In 2023, China imported $195M in Fake Hair, becoming the 3rd largest importer of Fake Hair in the world. At the same year, Fake Hair was the 507th most imported product in China. China imports Fake Hair primarily from: North Korea ($167M), Bangladesh ($5.45M), Malaysia ($5M), United States ($4.86M), and Burma ($4.6M).

The fastest growing import markets in Fake Hair for China between 2022 and 2023 were North Korea ($155M), Malaysia ($4.28M), and Burma ($1.6M).

COMPANIES In 2024, leading companies such as CrimsonLogic (74) and Amazon (3) were at the forefront of shipping Fake Hair from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Fake Hair exports accounted up to $461M and imports accounted up to $19.8M, resulting in a positive trade balance of $441M. Between December 2023 and December 2024 the exports of China's   Fake Hair have decreased by $-12.8M (-2.69%) from $474M to $461M, while imports increased by $1.49M (8.14%) from $18.4M to $19.8M.

Destinations In December 2024, Fake Hair were exported mostly to United States ($242M), Nigeria ($43.3M), South Africa ($29.6M), Ghana ($19.2M), and United Kingdom ($12.9M), and were imported mostly from North Korea ($18.4M), Burma ($564k), Bangladesh ($490k), China ($113k), and Cambodia ($94.8k).

Growth In December 2024, the decrease in Fake Hair's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-8.7M or -66%), North Korea ($-4.23M or -98.1%), and France ($-2.49M or -50.2%). In December 2024, the increase in Fake Hair's year-by-year imports was explained primarily by an increase in imports from North Korea ($18.4M or 382%), Bangladesh ($952k or 251%), and United States ($26.2k or 1.32k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-12.8M(-2.69%)
IMPORT GROWTH (December 2023 - December 2024)$1.49M(8.14%)
MAIN EXPORTER (December 2024)Henan Province$271M
MAIN DESTINATION (December 2024)United States$242M

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 (2023)$2.25B
IMPORTS (2023)$195M
NET TRADE (2023)$2.05B

In 2023, China exported $2.25B in Fake Hair. The main destinations of China exports on Fake Hair were United States ($887M), Nigeria ($428M), United Kingdom ($108M), Democratic Republic of the Congo ($90.5M), and Japan ($65.2M).

In 2023, China imported $195M in Fake Hair, mainly from North Korea ($167M), Bangladesh ($5.45M), Malaysia ($5M), United States ($4.86M), and Burma ($4.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fake Hair EXPORT MARKETS FOR China WERE (2022 - 2023):
Nigeria$85.4M (24.9%)
Democratic Republic of the Congo$60.9M (205%)
Australia$14.6M (66.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fake Hair BY China WERE (2022 - 2023):
United States-$366M (-29.2%)
Dominican Republic-$34.9M (-83%)
Ghana-$23.3M (-40.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Fake Hair were:
Indonesia $357M
North Korea $167M
In 2023, China's main importing competitors in Fake Hair were:
United States $1.41B
Nigeria $429M

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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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