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2022
Exports $243MWorld Rnk 2 / 154
Flag Rnk 723 / 1216
2022
Destination $3.91M United States
2021 - 2022
FASTEST GROWING MARKET $3.91MRussia
2022
PRODUCT COMPLEXITY IN Ink Ribbons1.06Rnk 149 / 1025
2022
Imports $85.5MWorld Rnk 5 / 214
Flag Rnk 684 / 1212
2022
Origin $5.81M Japan
2021 - 2022
FASTEST GROWING ORIGIN $5.81MMalaysia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $243M in Ink Ribbons, making it the 2nd largest exporter of Ink Ribbons in the world. At the same year, Ink Ribbons was the 723rd most exported product in China. The main destination of Ink Ribbons exports from China are: United States ($30.6M), Japan ($15.5M), India ($13.2M), Hong Kong ($12.5M), and Germany ($9.96M).

The fastest growing export markets for Ink Ribbons of China between 2021 and 2022 were Russia ($3.91M), Australia ($3.33M), and Netherlands ($2.65M).

Imports In 2022, China imported $85.5M in Ink Ribbons, becoming the 5th largest importer of Ink Ribbons in the world. At the same year, Ink Ribbons was the 684th most imported product in China. China imports Ink Ribbons primarily from: Japan ($41.6M), Malaysia ($9.28M), South Korea ($8.28M), China ($5.28M), and Chinese Taipei ($4.33M).

The fastest growing import markets in Ink Ribbons for China between 2021 and 2022 were Malaysia ($5.81M), Japan ($2.58M), and Singapore ($1.35M).

COMPANIES In 2023, leading companies such as Walgreens (165), CrimsonLogic (30), and Wistron (26) were at the forefront of shipping Ink Ribbons from China to the United States.

Latest Trends

May 2024

About

Overview In May 2024 China's Ink Ribbons exports accounted up to $20.6M and imports accounted up to $7.91M, resulting in a positive trade balance of $12.7M. Between May 2023 and May 2024 the exports of China's   Ink Ribbons have increased by $2.18M (11.9%) from $18.4M to $20.6M, while imports decreased by $-1.33M (-14.4%) from $9.25M to $7.91M.

Destinations In May 2024, Ink Ribbons were exported mostly to United States ($2.78M), Brazil ($1.35M), Japan ($1.17M), India ($1.1M), and Hong Kong ($956k), and were imported mostly from Japan ($3.15M), France ($1.37M), South Korea ($596k), United States ($588k), and Philippines ($397k).

Growth In May 2024, the increase in Ink Ribbons's year-by-year exports was explained primarily by an increase in exports to Russia ($760k or 129%), Australia ($440k or 222%), and Peru ($261k or 263%). In May 2024, the decrease in Ink Ribbons's year-by-year imports was explained primarily by a decrease in imports from Japan ($-927k or -26.1%), Malaysia ($-758k or -75.3%), and Germany ($-460k or -82.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)$2.18M(11.9%)
IMPORT GROWTH (May 2023 - May 2024)$-1.33M(-14.4%)
MAIN EXPORTER (May 2024)Guangdong Province$6.56M
MAIN DESTINATION (May 2024)United States$2.78M

This section shows Ink Ribbons'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 Ink Ribbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$243M
IMPORTS (2022)$85.5M
NET TRADE (2022)$157M

In 2022, China exported $243M in Ink Ribbons. The main destinations of China exports on Ink Ribbons were United States ($30.6M), Japan ($15.5M), India ($13.2M), Hong Kong ($12.5M), and Germany ($9.96M).

In 2022, China imported $85.5M in Ink Ribbons, mainly from Japan ($41.6M), Malaysia ($9.28M), South Korea ($8.28M), China ($5.28M), and Chinese Taipei ($4.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink Ribbons EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$3.91M (67.3%)
Australia$3.33M (174%)
Netherlands$2.65M (49.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink Ribbons BY China WERE (2021 - 2022):
Belgium-$5.93M (-85.1%)
China-$2.03M (-27.8%)
Angola-$1.28M (-96.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Ink Ribbons were:
Japan $301M
France $171M
In 2022, China's main importing competitors in Ink Ribbons were:
United States $195M
Germany $126M
Netherlands $106M

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Trade Value of Ink Ribbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.3M
TOP IMPORT POTENTIALSouth Korea+ $3.26M

Ink Ribbons’s highest export potential is India. With an export gap of $7.3M.   Ink Ribbons’s highest import potential is South Korea with an import gap of $3.26M.

See methodology.

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