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2022
Exports $1.2BWorld Rnk 1 / 136
Flag Rnk 399 / 1216
2022
Destination $88.4M Malaysia
2021 - 2022
FASTEST GROWING MARKET $88.4MMalaysia
2022
PRODUCT COMPLEXITY IN Papermaking Machines1.4Rnk 70 / 1025
2022
Imports $741MWorld Rnk 1 / 192
Flag Rnk 274 / 1212
2022
Origin $29.3M Finland
2021 - 2022
FASTEST GROWING ORIGIN $29.3MGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.2B in Papermaking Machines, making it the 1st largest exporter of Papermaking Machines in the world. At the same year, Papermaking Machines was the 399th most exported product in China. The main destination of Papermaking Machines exports from China are: Malaysia ($172M), Indonesia ($107M), Brazil ($96.6M), Vietnam ($95.8M), and Turkey ($95.8M).

The fastest growing export markets for Papermaking Machines of China between 2021 and 2022 were Malaysia ($88.4M), Turkey ($63.6M), and Brazil ($55.2M).

Imports In 2022, China imported $741M in Papermaking Machines, becoming the 1st largest importer of Papermaking Machines in the world. At the same year, Papermaking Machines was the 274th most imported product in China. China imports Papermaking Machines primarily from: Finland ($273M), Germany ($231M), Sweden ($86.5M), Austria ($28.5M), and United States ($26.1M).

The fastest growing import markets in Papermaking Machines for China between 2021 and 2022 were Germany ($29.3M), Sweden ($15.6M), and Chinese Taipei ($4.72M).

COMPANIES In 2023, leading companies such as Coaster Fine Furniture (5), Fred Meyer (4), and Amazon (2) were at the forefront of shipping Papermaking Machines from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Papermaking Machines exports accounted up to $71.7M and imports accounted up to $20.1M, resulting in a positive trade balance of $51.6M. Between November 2023 and November 2024 the exports of China's   Papermaking Machines have decreased by $-32.4M (-31.1%) from $104M to $71.7M, while imports increased by $2.42M (13.6%) from $17.7M to $20.1M.

Destinations In November 2024, Papermaking Machines were exported mostly to Indonesia ($9.57M), India ($6.82M), Russia ($6.15M), Thailand ($5.34M), and Vietnam ($4.51M), and were imported mostly from Finland ($7.91M), Sweden ($6.03M), Chinese Taipei ($2.27M), Germany ($1.01M), and Switzerland ($627k).

Growth In November 2024, the decrease in Papermaking Machines's year-by-year exports was explained primarily by a decrease in exports to United States ($-7.68M or -73.4%), Malaysia ($-6.57M or -82.5%), and India ($-3.24M or -35.1%). In November 2024, the increase in Papermaking Machines's year-by-year imports was explained primarily by an increase in imports from Germany ($19M or 384%), Sweden ($2.16M or 91.1%), and Italy ($377k or 69.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-32.4M(-31.1%)
IMPORT GROWTH (November 2023 - November 2024)$2.42M(13.6%)
MAIN EXPORTER (November 2024)Guangdong Province$27.6M
MAIN DESTINATION (November 2024)Indonesia$9.57M

This section shows Papermaking Machines'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 Papermaking Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.2B
IMPORTS (2022)$741M
NET TRADE (2022)$456M

In 2022, China exported $1.2B in Papermaking Machines. The main destinations of China exports on Papermaking Machines were Malaysia ($172M), Indonesia ($107M), Brazil ($96.6M), Vietnam ($95.8M), and Turkey ($95.8M).

In 2022, China imported $741M in Papermaking Machines, mainly from Finland ($273M), Germany ($231M), Sweden ($86.5M), Austria ($28.5M), and United States ($26.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Papermaking Machines EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$88.4M (105%)
Turkey$63.6M (197%)
Brazil$55.2M (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Papermaking Machines BY China WERE (2021 - 2022):
Russia-$48.5M (-57.5%)
Indonesia-$41.9M (-28.2%)
Sweden-$36.8M (-70.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Papermaking Machines were:
Germany $1.05B
Finland $816M
In 2022, China's main importing competitors in Papermaking Machines were:
United States $583M
Germany $318M

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Trade Value of Papermaking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $30.6M
TOP IMPORT POTENTIALItaly+ $9.48M

Papermaking Machines’s highest export potential is India. With an export gap of $30.6M.   Papermaking Machines’s highest import potential is Italy with an import gap of $9.48M.

See methodology.

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