2023
Exports
$833MWorld Rnk 2 / 155
Flag Rnk 460 / 1215
2023
PRODUCT COMPLEXITY IN Monofilament
0.4Rnk 413 / 1025
2023
Imports
$153MWorld Rnk 13 / 217
Flag Rnk 554 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $833M in Monofilament, making it the 2nd largest exporter of Monofilament in the world. At the same year, Monofilament was the 460th most exported product in China. The main destination of Monofilament exports from China are: India ($114M), United States ($64.8M), Australia ($59.1M), Japan ($51.1M), and Canada ($36.5M).

The fastest growing export markets for Monofilament of China between 2022 and 2023 were India ($26.7M), North Korea ($9.73M), and Mongolia ($5.27M).

Imports In 2023, China imported $153M in Monofilament, becoming the 13th largest importer of Monofilament in the world. At the same year, Monofilament was the 554th most imported product in China. China imports Monofilament primarily from: Germany ($56.6M), Hong Kong ($21.9M), Japan ($18.9M), United States ($16.8M), and United Kingdom ($9.27M).

The fastest growing import markets in Monofilament for China between 2022 and 2023 were United Kingdom ($3.43M), Australia ($1.35M), and Austria ($983k).

COMPANIES In 2024, leading companies such as CrimsonLogic (33), Costco Wholesale (23), and Amazon (3) were at the forefront of shipping Monofilament from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$38.6M(46.4%)
IMPORT GROWTH (December 2023 - December 2024)$-570k(-4.7%)
MAIN EXPORTER (December 2024)Guangdong Province$47.9M
MAIN DESTINATION (December 2024)United States$27.3M

This section shows Monofilament'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 Monofilament over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$833M
IMPORTS (2023)$153M
NET TRADE (2023)$680M

In 2023, China exported $833M in Monofilament. The main destinations of China exports on Monofilament were India ($114M), United States ($64.8M), Australia ($59.1M), Japan ($51.1M), and Canada ($36.5M).

In 2023, China imported $153M in Monofilament, mainly from Germany ($56.6M), Hong Kong ($21.9M), Japan ($18.9M), United States ($16.8M), and United Kingdom ($9.27M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Monofilament EXPORT MARKETS FOR China WERE (2022 - 2023):
India$26.7M (30.7%)
North Korea$9.73M (229%)
Mongolia$5.27M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Monofilament BY China WERE (2022 - 2023):
Australia-$16.7M (-22.1%)
Indonesia-$12.4M (-40.9%)
South Korea-$11.5M (-36.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Monofilament were:
In 2023, China's main importing competitors in Monofilament were:

Explore Visualizations

Trade Value of Monofilament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.1M
TOP IMPORT POTENTIALGermany+ $11.7M

Monofilament’s highest export potential is United States. With an export gap of $27.1M.   Monofilament’s highest import potential is Germany with an import gap of $11.7M.

See methodology.

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