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2022
Exports $6.05BWorld Rnk 1 / 215
Flag Rnk 115 / 1216
2022
Destination $83.8M United States
2021 - 2022
FASTEST GROWING MARKET $83.8MIndonesia
2022
PRODUCT COMPLEXITY IN Iron Pipe Fittings1.14Rnk 121 / 1025
2022
Imports $704MWorld Rnk 6 / 224
Flag Rnk 286 / 1212
2022
Origin $7.25M Japan
2021 - 2022
FASTEST GROWING ORIGIN $7.25MVietnam
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.05B in Iron Pipe Fittings, making it the 1st largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 115th most exported product in China. The main destination of Iron Pipe Fittings exports from China are: United States ($728M), Japan ($380M), South Korea ($345M), Canada ($272M), and Germany ($264M).

The fastest growing export markets for Iron Pipe Fittings of China between 2021 and 2022 were Indonesia ($83.8M), Canada ($67.7M), and Russia ($64.5M).

Imports In 2022, China imported $704M in Iron Pipe Fittings, becoming the 6th largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 286th most imported product in China. China imports Iron Pipe Fittings primarily from: Japan ($104M), South Korea ($90.6M), United States ($87.7M), Italy ($72.4M), and Germany ($69.7M).

The fastest growing import markets in Iron Pipe Fittings for China between 2021 and 2022 were Vietnam ($7.25M), China ($5.29M), and Israel ($4.91M).

COMPANIES In 2023, leading companies such as Victaulic (231), SIGMA Corp (230), and Mahle Behr (26) were at the forefront of shipping Iron Pipe Fittings from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Iron Pipe Fittings exports accounted up to $380M and imports accounted up to $69M, resulting in a positive trade balance of $311M. Between October 2023 and October 2024 the exports of China's   Iron Pipe Fittings have increased by $55.3M (17%) from $325M to $380M, while imports increased by $9.62M (16.2%) from $59.3M to $69M.

Destinations In October 2024, Iron Pipe Fittings were exported mostly to United States ($52.7M), Russia ($28M), Japan ($20.3M), South Korea ($20M), and Germany ($14.9M), and were imported mostly from United States ($12.6M), Japan ($10.9M), Germany ($8.5M), Italy ($7.01M), and South Korea ($6.9M).

Growth In October 2024, the increase in Iron Pipe Fittings's year-by-year exports was explained primarily by an increase in exports to India ($36.8M or 192%), Russia ($7.52M or 46.5%), and United Arab Emirates ($6.14M or 48.7%). In October 2024, the increase in Iron Pipe Fittings's year-by-year imports was explained primarily by an increase in imports from Italy ($5.86M or 114%), Belgium ($1.69M or 3.39k%), and United Kingdom ($645k or 42.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$55.3M(17%)
IMPORT GROWTH (October 2023 - October 2024)$9.62M(16.2%)
MAIN EXPORTER (October 2024)Guangdong Province$77.2M
MAIN DESTINATION (October 2024)United States$52.7M

This section shows Iron Pipe Fittings'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 Iron Pipe Fittings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.05B
IMPORTS (2022)$704M
NET TRADE (2022)$5.35B

In 2022, China exported $6.05B in Iron Pipe Fittings. The main destinations of China exports on Iron Pipe Fittings were United States ($728M), Japan ($380M), South Korea ($345M), Canada ($272M), and Germany ($264M).

In 2022, China imported $704M in Iron Pipe Fittings, mainly from Japan ($104M), South Korea ($90.6M), United States ($87.7M), Italy ($72.4M), and Germany ($69.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipe Fittings EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$83.8M (117%)
Canada$67.7M (33.2%)
Russia$64.5M (44.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipe Fittings BY China WERE (2021 - 2022):
India-$48.9M (-30.1%)
Cambodia-$15M (-57.3%)
Bangladesh-$14.6M (-29.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Iron Pipe Fittings were:
Italy $1.98B
United States $1.97B
In 2022, China's main importing competitors in Iron Pipe Fittings were:
United States $3.42B
Germany $1.76B
Canada $1.07B

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Trade Value of Iron Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $115M
TOP IMPORT POTENTIALSouth Korea+ $34M

Iron Pipe Fittings’s highest export potential is United States. With an export gap of $115M.   Iron Pipe Fittings’s highest import potential is South Korea with an import gap of $34M.

See methodology.

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