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2023
Exports $226MWorld Rnk 2 / 152
Flag Rnk 730 / 1215
2023
Destination $12.9M United States
2022 - 2023
FASTEST GROWING MARKET $12.9MUnited States
2023
PRODUCT COMPLEXITY IN Ink Ribbons1.14Rnk 129 / 1025
2023
Imports $87.9MWorld Rnk 3 / 213
Flag Rnk 662 / 1214
2023
Origin $1.7M Japan
2022 - 2023
FASTEST GROWING ORIGIN $1.7MUnited States
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $226M in Ink Ribbons, making it the 2nd largest exporter of Ink Ribbons in the world. At the same year, Ink Ribbons was the 730th most exported product in China. The main destination of Ink Ribbons exports from China are: United States ($35.5M), India ($14.8M), Japan ($13.3M), Russia ($12.3M), and Germany ($8.77M).

The fastest growing export markets for Ink Ribbons of China between 2022 and 2023 were United States ($12.9M), Greece ($4.8M), and Russia ($2.56M).

Imports In 2023, China imported $87.9M in Ink Ribbons, becoming the 3rd largest importer of Ink Ribbons in the world. At the same year, Ink Ribbons was the 662nd most imported product in China. China imports Ink Ribbons primarily from: Japan ($43.4M), United States ($9.02M), South Korea ($8.05M), Malaysia ($6.02M), and Philippines ($3.89M).

The fastest growing import markets in Ink Ribbons for China between 2022 and 2023 were United States ($1.7M), United Kingdom ($1.32M), and Belgium ($554k).

COMPANIES In 2024, leading companies such as Walgreens (149), Wistron (39), and CrimsonLogic (38) were at the forefront of shipping Ink Ribbons from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Ink Ribbons exports accounted up to $22.5M and imports accounted up to $10.4M, resulting in a positive trade balance of $12.1M. Between December 2023 and December 2024 the exports of China's   Ink Ribbons have increased by $1.03M (4.81%) from $21.5M to $22.5M, while imports increased by $1.67M (19%) from $8.76M to $10.4M.

Destinations In December 2024, Ink Ribbons were exported mostly to United States ($3.19M), India ($1.45M), Russia ($1.44M), Germany ($1.19M), and Brazil ($1.07M), and were imported mostly from Japan ($4.19M), South Korea ($1.3M), Malaysia ($1.27M), France ($1.03M), and United States ($682k).

Growth In December 2024, the increase in Ink Ribbons's year-by-year exports was explained primarily by an increase in exports to Mexico ($560k or 133%), Brazil ($519k or 93%), and Iran ($465k or 652%). In December 2024, the increase in Ink Ribbons's year-by-year imports was explained primarily by an increase in imports from Japan ($1.28M or 48.7%), South Korea ($493k or 169%), and China ($327k or 195%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$1.03M(4.81%)
IMPORT GROWTH (December 2023 - December 2024)$1.67M(19%)
MAIN EXPORTER (December 2024)Guangdong Province$9.82M
MAIN DESTINATION (December 2024)United States$3.19M

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 (2023)$226M
IMPORTS (2023)$87.9M
NET TRADE (2023)$138M

In 2023, China exported $226M in Ink Ribbons. The main destinations of China exports on Ink Ribbons were United States ($35.5M), India ($14.8M), Japan ($13.3M), Russia ($12.3M), and Germany ($8.77M).

In 2023, China imported $87.9M in Ink Ribbons, mainly from Japan ($43.4M), United States ($9.02M), South Korea ($8.05M), Malaysia ($6.02M), and Philippines ($3.89M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ink Ribbons EXPORT MARKETS FOR China WERE (2022 - 2023):
United States$12.9M (56.7%)
Greece$4.8M (935%)
Russia$2.56M (26.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink Ribbons BY China WERE (2022 - 2023):
Philippines-$4.31M (-46.8%)
Germany-$2.42M (-21.6%)
France-$2.34M (-40%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Ink Ribbons were:
Japan $264M
France $181M
In 2023, China's main importing competitors in Ink Ribbons were:
Germany $124M
Netherlands $93.5M

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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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