2022
Exports
$701MWorld Rnk 1 / 102
Flag Rnk 519 / 1216
2022
PRODUCT COMPLEXITY IN Prepared Wool or Animal Hair
-0.87Rnk 793 / 1025
2022
Imports
$56.4MWorld Rnk 12 / 147
Flag Rnk 763 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $701M in Prepared Wool or Animal Hair, making it the 1st largest exporter of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 519th most exported product in China. The main destination of Prepared Wool or Animal Hair exports from China are: Italy ($150M), Germany ($92.4M), South Korea ($75.8M), Japan ($59.8M), and Vietnam ($56.6M).

The fastest growing export markets for Prepared Wool or Animal Hair of China between 2021 and 2022 were Italy ($57.5M), Germany ($34.8M), and Malaysia ($25.7M).

Imports In 2022, China imported $56.4M in Prepared Wool or Animal Hair, becoming the 12th largest importer of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 763rd most imported product in China. China imports Prepared Wool or Animal Hair primarily from: Peru ($27.1M), South Africa ($14.8M), Argentina ($2.87M), United Kingdom ($2.43M), and Uruguay ($1.9M).

The fastest growing import markets in Prepared Wool or Animal Hair for China between 2021 and 2022 were China ($767k), Malaysia ($492k), and Egypt ($304k).

COMPANIES In 2023, leading companies such as Itourscm (19), CrimsonLogic (5), and Amazon (1) were at the forefront of shipping Prepared Wool or Animal Hair from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-20M(-32.4%)
IMPORT GROWTH (July 2023 - July 2024)$-221k(-2.48%)
MAIN EXPORTER (July 2024)Hebei Province$32.4M
MAIN DESTINATION (July 2024)Italy$13.3M

This section shows Prepared Wool or Animal Hair'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 Prepared Wool or Animal Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$701M
IMPORTS (2022)$56.4M
NET TRADE (2022)$644M

In 2022, China exported $701M in Prepared Wool or Animal Hair. The main destinations of China exports on Prepared Wool or Animal Hair were Italy ($150M), Germany ($92.4M), South Korea ($75.8M), Japan ($59.8M), and Vietnam ($56.6M).

In 2022, China imported $56.4M in Prepared Wool or Animal Hair, mainly from Peru ($27.1M), South Africa ($14.8M), Argentina ($2.87M), United Kingdom ($2.43M), and Uruguay ($1.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Wool or Animal Hair EXPORT MARKETS FOR China WERE (2021 - 2022):
Italy$57.5M (61.9%)
Germany$34.8M (60.5%)
Malaysia$25.7M (964%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Wool or Animal Hair BY China WERE (2021 - 2022):
India-$31.7M (-60.4%)
Madagascar-$14.2M (-31.7%)
Bulgaria-$5.34M (-49%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Prepared Wool or Animal Hair were:
In 2022, China's main importing competitors in Prepared Wool or Animal Hair were:

Explore Visualizations

Trade Value of Prepared Wool or Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $8.65M
TOP IMPORT POTENTIALArgentina+ $1.77M

Prepared Wool or Animal Hair’s highest export potential is India. With an export gap of $8.65M.   Prepared Wool or Animal Hair’s highest import potential is Argentina with an import gap of $1.77M.

See methodology.

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