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2022
Exports $312MWorld Rnk 1 / 82
Flag Rnk 670 / 1216
2022
Destination $20.3M Italy
2021 - 2022
FASTEST GROWING MARKET $20.3MItaly
2022
Imports $3.91MWorld Rnk 21 / 154
Flag Rnk 1090 / 1212
2022
Origin $772k Italy
2021 - 2022
FASTEST GROWING ORIGIN $772kHong Kong
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $312M in Flax Yarn, making it the 1st largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 670th most exported product in China. The main destination of Flax Yarn exports from China are: Italy ($65.5M), India ($51.5M), Turkey ($50.2M), Portugal ($36M), and Bangladesh ($17.4M).

The fastest growing export markets for Flax Yarn of China between 2021 and 2022 were Italy ($20.3M), Turkey ($12.2M), and India ($9.84M).

Imports In 2022, China imported $3.91M in Flax Yarn, becoming the 21st largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 1090th most imported product in China. China imports Flax Yarn primarily from: Italy ($1.23M), Hong Kong ($887k), China ($522k), Egypt ($328k), and Japan ($225k).

The fastest growing import markets in Flax Yarn for China between 2021 and 2022 were Hong Kong ($772k), Egypt ($209k), and France ($170k).

COMPANIES In 2023, leading companies such as Conair (3), Hilti Power Tools (1), and Volvo (1) were at the forefront of shipping Flax Yarn from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Flax Yarn exports accounted up to $24.3M and imports accounted up to $380k, resulting in a positive trade balance of $23.9M. Between November 2023 and November 2024 the exports of China's   Flax Yarn have increased by $1.42M (6.19%) from $22.8M to $24.3M, while imports decreased by $-168k (-30.7%) from $548k to $380k.

Destinations In November 2024, Flax Yarn were exported mostly to India ($7.75M), Portugal ($3.82M), Italy ($3.21M), Bangladesh ($2.06M), and Vietnam ($1.59M), and were imported mostly from Italy ($204k), Russia ($78.4k), China ($74.8k), Japan ($19.7k), and Bulgaria ($1.72k).

Growth In November 2024, the increase in Flax Yarn's year-by-year exports was explained primarily by an increase in exports to Bangladesh ($437k or 28.3%), Poland ($201k or 361%), and United Kingdom ($142k or 48.3k%). In November 2024, the decrease in Flax Yarn's year-by-year imports was explained primarily by a decrease in imports from Italy ($-78.1k or -43.5%) and China ($-65k or -85.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$1.42M(6.19%)
IMPORT GROWTH (November 2023 - November 2024)$-168k(-30.7%)
MAIN EXPORTER (November 2024)Zhejiang Province$15.7M
MAIN DESTINATION (November 2024)India$7.75M

This section shows Flax Yarn'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 Flax Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$312M
IMPORTS (2022)$3.91M
NET TRADE (2022)$308M

In 2022, China exported $312M in Flax Yarn. The main destinations of China exports on Flax Yarn were Italy ($65.5M), India ($51.5M), Turkey ($50.2M), Portugal ($36M), and Bangladesh ($17.4M).

In 2022, China imported $3.91M in Flax Yarn, mainly from Italy ($1.23M), Hong Kong ($887k), China ($522k), Egypt ($328k), and Japan ($225k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR China WERE (2021 - 2022):
Italy$20.3M (45%)
Turkey$12.2M (32%)
India$9.84M (23.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Yarn BY China WERE (2021 - 2022):
South Korea-$5.44M (-24%)
Hong Kong-$2.94M (-65.5%)
Thailand-$1.55M (-86.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Flax Yarn were:
Italy $58.4M
Poland $39.1M
In 2022, China's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.92M
TOP IMPORT POTENTIALIndia+ $233k

Flax Yarn’s highest export potential is India. With an export gap of $5.92M.   Flax Yarn’s highest import potential is India with an import gap of $233k.

See methodology.

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