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2022
Exports $885MWorld Rnk 1 / 196
Flag Rnk 707 / 4606
falsefalse United States
2021 - 2022
FASTEST GROWING MARKETfalseSingapore
2022
Imports $33.5MWorld Rnk 16 / 218
Flag Rnk 1947 / 4539
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $885M in Pliers, pincers, tweezers and similar tools, making it the 1st largest exporter of Pliers, pincers, tweezers and similar tools in the world. At the same year, Pliers, pincers, tweezers and similar tools was the 707th most exported product in China. The main destination of Pliers, pincers, tweezers and similar tools exports from China are: United States ($202M), Germany ($36.5M), Mexico ($36.4M), Russia ($29.6M), and Singapore ($25M).

The fastest growing export markets for Pliers, pincers, tweezers and similar tools of China between 2021 and 2022 were Singapore ($19M), Mexico ($5.55M), and Vietnam ($4.78M).

Imports In 2022, China imported $33.5M in Pliers, pincers, tweezers and similar tools, becoming the 16th largest importer of Pliers, pincers, tweezers and similar tools in the world. At the same year, Pliers, pincers, tweezers and similar tools was the 1947th most imported product in China. China imports Pliers, pincers, tweezers and similar tools primarily from: Chinese Taipei ($10M), Germany ($7.02M), Vietnam ($3.72M), Pakistan ($2.98M), and United States ($2.76M).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Pliers, pincers, tweezers and similar tools from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Pliers, pincers, tweezers and similar tools exports accounted up to $86.1M and imports accounted up to $4.02M, resulting in a positive trade balance of $82.1M. Between July 2023 and July 2024 the exports of China's   Pliers, pincers, tweezers and similar tools have increased by $1.43M (1.69%) from $84.7M to $86.1M, while imports increased by $700k (21.1%) from $3.32M to $4.02M.

Destinations In July 2024, Pliers, pincers, tweezers and similar tools were exported mostly to United States ($22.9M), Mexico ($3.38M), Malaysia ($3.38M), Singapore ($3.24M), and Russia ($3.21M), and were imported mostly from Chinese Taipei ($756k), United States ($506k), Germany ($494k), Vietnam ($481k), and Japan ($467k).

Growth In July 2024, the increase in Pliers, pincers, tweezers and similar tools's year-by-year exports was explained primarily by an increase in exports to Malaysia ($1.53M or 112%), Singapore ($1.48M or 216%), and Australia ($1.33M or 85%). In July 2024, the increase in Pliers, pincers, tweezers and similar tools's year-by-year imports was explained primarily by an increase in imports from Japan ($296k or 63.9%), Pakistan ($81.8k or 57.6%), and Switzerland ($49k or 64.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$1.43M(1.69%)
IMPORT GROWTH (July 2023 - July 2024)$700k(21.1%)
MAIN EXPORTER (July 2024)Zhejiang Province$43.7M
MAIN DESTINATION (July 2024)United States$22.9M

This section shows Pliers, pincers, tweezers and similar tools'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 Pliers, pincers, tweezers and similar tools over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Pliers, pincers, tweezers and similar tools throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$885M
IMPORTS (2022)$33.5M
NET TRADE (2022)$852M

In 2022, China exported $885M in Pliers, pincers, tweezers and similar tools. The main destinations of China exports on Pliers, pincers, tweezers and similar tools were United States ($202M), Germany ($36.5M), Mexico ($36.4M), Russia ($29.6M), and Singapore ($25M).

In 2022, China imported $33.5M in Pliers, pincers, tweezers and similar tools, mainly from Chinese Taipei ($10M), Germany ($7.02M), Vietnam ($3.72M), Pakistan ($2.98M), and United States ($2.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pliers, pincers, tweezers and similar tools EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$19M (318%)
Mexico$5.55M (18%)
Vietnam$4.78M (26.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pliers, pincers, tweezers and similar tools BY China WERE (2021 - 2022):
United States-$5.26M (-2.54%)
Algeria-$2.89M (-56.8%)
France-$2.8M (-11.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Pliers, pincers, tweezers and similar tools were:
Germany $346M
Chinese Taipei $146M
In 2022, China's main importing competitors in Pliers, pincers, tweezers and similar tools were:
United States $406M
Germany $127M
France $90.2M

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Trade Value of Pliers, pincers, tweezers and similar tools by Exporters

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