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2022
Exports $2.39BWorld Rnk 1 / 200
Flag Rnk 266 / 1216
2022
Destination $75.8M United States
2021 - 2022
FASTEST GROWING MARKET $75.8MMexico
2022
PRODUCT COMPLEXITY IN Pens0.7Rnk 277 / 1025
2022
Imports $274MWorld Rnk 5 / 222
Flag Rnk 467 / 1212
2022
Origin $931k Japan
2021 - 2022
FASTEST GROWING ORIGIN $931kIndia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.39B in Pens, making it the 1st largest exporter of Pens in the world. At the same year, Pens was the 266th most exported product in China. The main destination of Pens exports from China are: United States ($449M), Mexico ($129M), Germany ($120M), United Kingdom ($94.6M), and Netherlands ($80.1M).

The fastest growing export markets for Pens of China between 2021 and 2022 were Mexico ($75.8M), United States ($64.2M), and India ($31M).

Imports In 2022, China imported $274M in Pens, becoming the 5th largest importer of Pens in the world. At the same year, Pens was the 467th most imported product in China. China imports Pens primarily from: Japan ($187M), Germany ($43.4M), China ($4.82M), Thailand ($4.48M), and Malaysia ($3.82M).

The fastest growing import markets in Pens for China between 2021 and 2022 were India ($931k), Vietnam ($736k), and Italy ($619k).

COMPANIES In 2023, leading companies such as CrimsonLogic (223), Walgreens (63), and Amazon (47) were at the forefront of shipping Pens from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Pens exports accounted up to $227M and imports accounted up to $19.4M, resulting in a positive trade balance of $208M. Between July 2023 and July 2024 the exports of China's   Pens have decreased by $-7.6M (-3.24%) from $235M to $227M, while imports decreased by $-3.82M (-16.4%) from $23.3M to $19.4M.

Destinations In July 2024, Pens were exported mostly to United States ($43M), United Kingdom ($10M), Netherlands ($7.85M), Germany ($7.77M), and Mexico ($6.87M), and were imported mostly from Japan ($11.2M), Germany ($5.21M), Vietnam ($476k), France ($419k), and United States ($392k).

Growth In July 2024, the decrease in Pens's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-3.63M or -36.8%), Ukraine ($-2.34M or -89.5%), and Russia ($-2.23M or -27.4%). In July 2024, the decrease in Pens's year-by-year imports was explained primarily by a decrease in imports from Japan ($-9.32M or -64.8%), Germany ($-3.6M or -65.1%), and China ($-395k or -78.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-7.6M(-3.24%)
IMPORT GROWTH (July 2023 - July 2024)$-3.82M(-16.4%)
MAIN EXPORTER (July 2024)Zhejiang Province$179M
MAIN DESTINATION (July 2024)United States$43M

This section shows Pens'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 Pens over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.39B
IMPORTS (2022)$274M
NET TRADE (2022)$2.11B

In 2022, China exported $2.39B in Pens. The main destinations of China exports on Pens were United States ($449M), Mexico ($129M), Germany ($120M), United Kingdom ($94.6M), and Netherlands ($80.1M).

In 2022, China imported $274M in Pens, mainly from Japan ($187M), Germany ($43.4M), China ($4.82M), Thailand ($4.48M), and Malaysia ($3.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR China WERE (2021 - 2022):
Mexico$75.8M (142%)
United States$64.2M (16.7%)
India$31M (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY China WERE (2021 - 2022):
Russia-$30.3M (-30.3%)
Ukraine-$10.4M (-64.5%)
Kazakhstan-$10M (-41.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Pens were:
Japan $1.02B
Germany $776M
In 2022, China's main importing competitors in Pens were:
United States $1.17B
Germany $439M
France $423M

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Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $33.7M
TOP IMPORT POTENTIALGermany+ $7.87M

Pens’s highest export potential is India. With an export gap of $33.7M.   Pens’s highest import potential is Germany with an import gap of $7.87M.

See methodology.

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