2022
Exports
$1.29BWorld Rnk 1 / 112
Flag Rnk 380 / 1216
2022
PRODUCT COMPLEXITY IN Fireworks
0.54Rnk 355 / 1025
2022
Imports
$17.3MWorld Rnk 19 / 195
Flag Rnk 943 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.29B in Fireworks, making it the 1st largest exporter of Fireworks in the world. At the same year, Fireworks was the 380th most exported product in China. The main destination of Fireworks exports from China are: United States ($675M), Germany ($53.4M), United Kingdom ($45.7M), Poland ($45.3M), and Malaysia ($45.3M).

The fastest growing export markets for Fireworks of China between 2021 and 2022 were United States ($91.9M), Germany ($28.1M), and Poland ($27.8M).

Imports In 2022, China imported $17.3M in Fireworks, becoming the 19th largest importer of Fireworks in the world. At the same year, Fireworks was the 943rd most imported product in China. China imports Fireworks primarily from: France ($14.2M), United States ($2.37M), Singapore ($389k), Guatemala ($131k), and Germany ($96.4k).

The fastest growing import markets in Fireworks for China between 2021 and 2022 were Guatemala ($131k), Sweden ($63.5k), and Canada ($11.6k).

COMPANIES In 2023, leading companies such as Costco Wholesale (28), Helly Hansen (18), and Walgreens (16) were at the forefront of shipping Fireworks from China to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-5.63M(-5.29%)
IMPORT GROWTH (October 2023 - October 2024)$33.4k(4.95%)
MAIN EXPORTER (October 2024)Hunan Province$82.8M
MAIN DESTINATION (October 2024)United States$24.8M

This section shows Fireworks'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 Fireworks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.29B
IMPORTS (2022)$17.3M
NET TRADE (2022)$1.27B

In 2022, China exported $1.29B in Fireworks. The main destinations of China exports on Fireworks were United States ($675M), Germany ($53.4M), United Kingdom ($45.7M), Poland ($45.3M), and Malaysia ($45.3M).

In 2022, China imported $17.3M in Fireworks, mainly from France ($14.2M), United States ($2.37M), Singapore ($389k), Guatemala ($131k), and Germany ($96.4k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fireworks EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$91.9M (15.8%)
Germany$28.1M (111%)
Poland$27.8M (158%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fireworks BY China WERE (2021 - 2022):
Italy-$6.8M (-41.5%)
Ukraine-$1.42M (-61.6%)
Turkmenistan-$757k (-68.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Fireworks were:
Germany $91.7M
France $89.4M
In 2022, China's main importing competitors in Fireworks were:

Explore Visualizations

Trade Value of Fireworks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $7.55M
TOP IMPORT POTENTIALUnited States+ $544k

Fireworks’s highest export potential is Russia. With an export gap of $7.55M.   Fireworks’s highest import potential is United States with an import gap of $544k.

See methodology.

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