Paintings in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $1.26B in Paintings, making it the 5th largest exporter of Paintings in the world. At the same year, Paintings was the 390th most exported product in China. The main destination of Paintings exports from China are: Hong Kong ($551M), China ($279M), United States ($98.2M), Chinese Taipei ($65M), and Italy ($55.8M).

The fastest growing export markets for Paintings of China between 2021 and 2022 were Italy ($52.3M), Chinese Taipei ($23.9M), and United States ($21.4M).

Imports In 2022, China imported $612M in Paintings, becoming the 9th largest importer of Paintings in the world. At the same year, Paintings was the 310th most imported product in China. China imports Paintings primarily from: China ($279M), United States ($174M), United Kingdom ($36.9M), Hong Kong ($34.5M), and Japan ($23.9M).

The fastest growing import markets in Paintings for China between 2021 and 2022 were United States ($10.1M), United Kingdom ($8.81M), and Japan ($4.56M).

COMPANIES In 2023, leading companies such as THE UTTERMOST COMPANY (78), ITOURSCM INC (41), and GLOBAL ETRADE SERVICES INC (32) were at the forefront of shipping Paintings from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Paintings exports accounted up to $55.7M and imports accounted up to $13.4M, resulting in a positive trade balance of $42.3M. Between March 2023 and March 2024 the exports of China's Paintings have decreased by $-17.2M (-23.6%) from $72.9M to $55.7M, while imports decreased by $-349M (-96.3%) from $363M to $13.4M.

Destinations In March 2024, Paintings were exported mostly to Hong Kong ($49.9M), United States ($1.4M), South Korea ($1.18M), United Kingdom ($530k), and France ($366k), and were imported mostly from United States ($4.08M), Japan ($4.05M), United Kingdom ($2.1M), China ($673k), and France ($564k).

Growth In March 2024, the decrease in Paintings's year-by-year exports was explained primarily by a decrease in exports to Italy ($-217M or -97.9%), Hong Kong ($-150M or -86.3%), and South Korea ($-8.26M or -87.4%). In March 2024, the decrease in Paintings's year-by-year imports was explained primarily by a decrease in imports from Germany ($-11.2M or -37%), United States ($-1.2M or -72.4%), and France ($-118k or -34.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-17.2M(-23.6%)

IMPORT GROWTH (March 2023 - March 2024)$-349M(-96.3%)

MAIN EXPORTER (March 2024)Shanghai Province$126M

MAIN DESTINATION (March 2024)Hong Kong$49.9M

This section shows Paintings'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 Paintings over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.26B

IMPORTS (2022)$612M

NET TRADE (2022)$651M

In 2022, China exported $1.26B in Paintings. The main destinations of China exports on Paintings were Hong Kong ($551M), China ($279M), United States ($98.2M), Chinese Taipei ($65M), and Italy ($55.8M).

In 2022, China imported $612M in Paintings, mainly from China ($279M), United States ($174M), United Kingdom ($36.9M), Hong Kong ($34.5M), and Japan ($23.9M).

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