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2022
Exports $2.18MWorld Rnk 8 / 93
Flag Rnk 1167 / 1216
2022
Destination $142k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $142kRussia
2022
Imports $19.3MWorld Rnk 4 / 163
Flag Rnk 932 / 1212
2022
Origin $52.2k Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $52.2kBelgium
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.18M in Jute and Other Textile Fibers, making it the 8th largest exporter of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 1167th most exported product in China. The main destination of Jute and Other Textile Fibers exports from China are: United Kingdom ($651k), Kenya ($229k), Netherlands ($217k), Dominican Republic ($216k), and Russia ($142k).

The fastest growing export markets for Jute and Other Textile Fibers of China between 2021 and 2022 were Russia ($142k), Norway ($38.4k), and Lebanon ($32.6k).

Imports In 2022, China imported $19.3M in Jute and Other Textile Fibers, becoming the 4th largest importer of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 932nd most imported product in China. China imports Jute and Other Textile Fibers primarily from: Bangladesh ($14.1M), Tanzania ($5.05M), Philippines ($53.8k), Belgium ($52.2k), and Italy ($7.9k).

The fastest growing import markets in Jute and Other Textile Fibers for China between 2021 and 2022 were Belgium ($52.2k), Philippines ($11k), and Thailand ($950).

Latest Trends

May 2024

About

Overview In May 2024 China's Jute and Other Textile Fibers exports accounted up to $41.8k and imports accounted up to $894k, resulting in a negative trade balance of $852k. Between February 2023 and May 2024 the exports of China's   Jute and Other Textile Fibers have decreased by $-110k (-72.5%) from $152k to $41.8k, while imports increased by $39.5k (4.62%) from $855k to $894k.

Destinations In May 2024, Jute and Other Textile Fibers were exported mostly to Russia ($38.7k) and Hong Kong ($3.05k), and were imported mostly from Bangladesh ($894k).

Growth In May 2024, the decrease in Jute and Other Textile Fibers's year-by-year exports was explained primarily by a decrease in exports to . In May 2024, the increase in Jute and Other Textile Fibers's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - May 2024)$-110k(-72.5%)
IMPORT GROWTH (May 2023 - May 2024)$39.5k(4.62%)
MAIN EXPORTER (May 2024)Zhejiang Province$38.7k
MAIN DESTINATION (May 2024)Russia$38.7k

This section shows Jute and Other Textile Fibers'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 Jute and Other Textile Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.18M
IMPORTS (2022)$19.3M
NET TRADE (2022)-$17.1M

In 2022, China exported $2.18M in Jute and Other Textile Fibers. The main destinations of China exports on Jute and Other Textile Fibers were United Kingdom ($651k), Kenya ($229k), Netherlands ($217k), Dominican Republic ($216k), and Russia ($142k).

In 2022, China imported $19.3M in Jute and Other Textile Fibers, mainly from Bangladesh ($14.1M), Tanzania ($5.05M), Philippines ($53.8k), Belgium ($52.2k), and Italy ($7.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute and Other Textile Fibers EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$142k (99.9k%)
Norway$38.4k (242%)
Lebanon$32.6k (326k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute and Other Textile Fibers BY China WERE (2021 - 2022):
Sweden-$491k (-90.1%)
Dominican Republic-$256k (-54.2%)
Vietnam-$181k (-87.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Jute and Other Textile Fibers were:
Bangladesh $205M
India $29.1M
Tanzania $24.1M
In 2022, China's main importing competitors in Jute and Other Textile Fibers were:
India $97.2M
Pakistan $52M
Nepal $33.2M

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Trade Value of Jute and Other Textile Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $44.9k
TOP IMPORT POTENTIALBangladesh+ $2.65M

Jute and Other Textile Fibers’s highest export potential is United States. With an export gap of $44.9k.   Jute and Other Textile Fibers’s highest import potential is Bangladesh with an import gap of $2.65M.

See methodology.

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