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2022
Exports $6.52BWorld Rnk 1 / 195
Flag Rnk 106 / 1216
2022
Destination $31.8M United States
2021 - 2022
FASTEST GROWING MARKET $31.8MMalaysia
2022
PRODUCT COMPLEXITY IN Iron Stovetops0.23Rnk 479 / 1025
2022
Imports $56.3MWorld Rnk 41 / 221
Flag Rnk 765 / 1212
2022
Origin $3.22M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.22MGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.52B in Iron Stovetops, making it the 1st largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 106th most exported product in China. The main destination of Iron Stovetops exports from China are: United States ($2.44B), Germany ($426M), Canada ($335M), United Kingdom ($269M), and Australia ($241M).

The fastest growing export markets for Iron Stovetops of China between 2021 and 2022 were Malaysia ($31.8M), South Africa ($19.4M), and Indonesia ($17.2M).

Imports In 2022, China imported $56.3M in Iron Stovetops, becoming the 41st largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 765th most imported product in China. China imports Iron Stovetops primarily from: Germany ($10.8M), Japan ($8.39M), Italy ($7.37M), Chinese Taipei ($5.78M), and United States ($4.49M).

The fastest growing import markets in Iron Stovetops for China between 2021 and 2022 were Germany ($3.22M), Japan ($2.43M), and Hong Kong ($658k).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (186), ELECTROLUX HOME PRODUCTS INC (54), and HONGKONG XIN JIE TECHNOLOGY LTD (32) were at the forefront of shipping Iron Stovetops from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Iron Stovetops exports accounted up to $475M and imports accounted up to $3.5M, resulting in a positive trade balance of $471M. Between March 2023 and March 2024 the exports of China's   Iron Stovetops have decreased by $-35.6M (-6.98%) from $510M to $475M, while imports increased by $1.11M (46.4%) from $2.39M to $3.5M.

Destinations In March 2024, Iron Stovetops were exported mostly to United States ($178M), Malaysia ($23.7M), Canada ($21.9M), United Kingdom ($20.7M), and Germany ($19.5M), and were imported mostly from Austria ($746k), Italy ($676k), Chinese Taipei ($416k), France ($407k), and Japan ($376k).

Growth In March 2024, the decrease in Iron Stovetops's year-by-year exports was explained primarily by a decrease in exports to United States ($-129M or -42.7%), Germany ($-23.5M or -38.1%), and Netherlands ($-18.9M or -45.7%). In March 2024, the increase in Iron Stovetops's year-by-year imports was explained primarily by an increase in imports from Germany ($143k or 110%), United Kingdom ($78.9k or 752%), and South Korea ($36.1k or 107%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-35.6M(-6.98%)
IMPORT GROWTH (March 2023 - March 2024)$1.11M(46.4%)
MAIN EXPORTER (March 2024)Guangdong Province$272M
MAIN DESTINATION (March 2024)United States$178M

This section shows Iron Stovetops'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 Stovetops over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.52B
IMPORTS (2022)$56.3M
NET TRADE (2022)$6.46B

In 2022, China exported $6.52B in Iron Stovetops. The main destinations of China exports on Iron Stovetops were United States ($2.44B), Germany ($426M), Canada ($335M), United Kingdom ($269M), and Australia ($241M).

In 2022, China imported $56.3M in Iron Stovetops, mainly from Germany ($10.8M), Japan ($8.39M), Italy ($7.37M), Chinese Taipei ($5.78M), and United States ($4.49M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Stovetops EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$31.8M (33.4%)
South Africa$19.4M (51.4%)
Indonesia$17.2M (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Stovetops BY China WERE (2021 - 2022):
United States-$704M (-22.4%)
Canada-$71.6M (-17.6%)
United Kingdom-$68.5M (-20.3%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Iron Stovetops were:
Italy $1.15B
Mexico $702M
In 2022, China's main importing competitors in Iron Stovetops were:
United States $3.78B
Germany $1.15B
France $918M

Explore Visualizations

Trade Value of Iron Stovetops by Exporters

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