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2022
Exports $1.57BWorld Rnk 1 / 131
Flag Rnk 347 / 1216
2022
Destination $72.5M India
2021 - 2022
FASTEST GROWING MARKET $72.5MIndia
2022
PRODUCT COMPLEXITY IN Metal-Rolling Mills1.13Rnk 124 / 1025
2022
Imports $289MWorld Rnk 3 / 189
Flag Rnk 457 / 1212
2022
Origin $18.7M Japan
2021 - 2022
FASTEST GROWING ORIGIN $18.7MGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.57B in Metal-Rolling Mills, making it the 1st largest exporter of Metal-Rolling Mills in the world. At the same year, Metal-Rolling Mills was the 347th most exported product in China. The main destination of Metal-Rolling Mills exports from China are: India ($218M), Indonesia ($136M), Turkey ($105M), Russia ($91.3M), and United States ($69.9M).

The fastest growing export markets for Metal-Rolling Mills of China between 2021 and 2022 were India ($72.5M), Indonesia ($56.2M), and Turkey ($50.3M).

Imports In 2022, China imported $289M in Metal-Rolling Mills, becoming the 3rd largest importer of Metal-Rolling Mills in the world. At the same year, Metal-Rolling Mills was the 457th most imported product in China. China imports Metal-Rolling Mills primarily from: Japan ($83.7M), Germany ($68.8M), Italy ($43.9M), United States ($32.4M), and South Korea ($22.5M).

The fastest growing import markets in Metal-Rolling Mills for China between 2021 and 2022 were Germany ($18.7M), France ($9.62M), and United States ($2.82M).

COMPANIES In 2023, leading companies such as CNH Industrial (71), Amazon (32), and Costco Wholesale (26) were at the forefront of shipping Metal-Rolling Mills from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Metal-Rolling Mills exports accounted up to $213M and imports accounted up to $33.9M, resulting in a positive trade balance of $179M. Between October 2023 and October 2024 the exports of China's   Metal-Rolling Mills have increased by $73.5M (52.8%) from $139M to $213M, while imports increased by $12.1M (55.8%) from $21.8M to $33.9M.

Destinations In October 2024, Metal-Rolling Mills were exported mostly to Russia ($35.8M), Oman ($21.4M), India ($18.9M), Indonesia ($15.4M), and Turkey ($10.9M), and were imported mostly from Germany ($23.1M), United States ($4.38M), Japan ($3.01M), Italy ($1.76M), and France ($412k).

Growth In October 2024, the increase in Metal-Rolling Mills's year-by-year exports was explained primarily by an increase in exports to Algeria ($67.6M or 79.9k%), India ($14.6M or 99.5%), and Russia ($9.04M or 200%). In October 2024, the increase in Metal-Rolling Mills's year-by-year imports was explained primarily by an increase in imports from Italy ($3.49M or 534%), United States ($1.21M or 154%), and Slovenia ($822k or 871%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$73.5M(52.8%)
IMPORT GROWTH (October 2023 - October 2024)$12.1M(55.8%)
MAIN EXPORTER (October 2024)Jiangsu Province$44.4M
MAIN DESTINATION (October 2024)Russia$35.8M

This section shows Metal-Rolling Mills'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 Metal-Rolling Mills over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.57B
IMPORTS (2022)$289M
NET TRADE (2022)$1.28B

In 2022, China exported $1.57B in Metal-Rolling Mills. The main destinations of China exports on Metal-Rolling Mills were India ($218M), Indonesia ($136M), Turkey ($105M), Russia ($91.3M), and United States ($69.9M).

In 2022, China imported $289M in Metal-Rolling Mills, mainly from Japan ($83.7M), Germany ($68.8M), Italy ($43.9M), United States ($32.4M), and South Korea ($22.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal-Rolling Mills EXPORT MARKETS FOR China WERE (2021 - 2022):
India$72.5M (49.9%)
Indonesia$56.2M (70.7%)
Turkey$50.3M (91.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal-Rolling Mills BY China WERE (2021 - 2022):
Vietnam-$15.2M (-18.2%)
Belgium-$5.14M (-58.6%)
Ukraine-$3.57M (-43.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Metal-Rolling Mills were:
Italy $722M
Germany $500M
In 2022, China's main importing competitors in Metal-Rolling Mills were:
United States $683M
India $414M

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Trade Value of Metal-Rolling Mills by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $65.2M
TOP IMPORT POTENTIALSouth Korea+ $10.4M

Metal-Rolling Mills’s highest export potential is India. With an export gap of $65.2M.   Metal-Rolling Mills’s highest import potential is South Korea with an import gap of $10.4M.

See methodology.

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