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2022
Exports $198MWorld Rnk 5 / 135
Flag Rnk 773 / 1216
2022
Destination $6.23M United States
2021 - 2022
FASTEST GROWING MARKET $6.23MKazakhstan
2022
PRODUCT COMPLEXITY IN Rolling Machines1.58Rnk 38 / 1025
2022
Imports $513MWorld Rnk 1 / 199
Flag Rnk 340 / 1212
2022
Origin $105M Japan
2021 - 2022
FASTEST GROWING ORIGIN $105MSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $198M in Rolling Machines, making it the 5th largest exporter of Rolling Machines in the world. At the same year, Rolling Machines was the 773rd most exported product in China. The main destination of Rolling Machines exports from China are: United States ($34M), Vietnam ($20.4M), India ($13.4M), South Korea ($9.4M), and Spain ($8.28M).

The fastest growing export markets for Rolling Machines of China between 2021 and 2022 were Kazakhstan ($6.23M), India ($3.77M), and Spain ($3.54M).

Imports In 2022, China imported $513M in Rolling Machines, becoming the 1st largest importer of Rolling Machines in the world. At the same year, Rolling Machines was the 340th most imported product in China. China imports Rolling Machines primarily from: Japan ($200M), South Korea ($173M), Chinese Taipei ($72.5M), Germany ($30.9M), and Italy ($14.7M).

The fastest growing import markets in Rolling Machines for China between 2021 and 2022 were South Korea ($105M), Japan ($69.2M), and Chinese Taipei ($17M).

COMPANIES In 2023, leading companies such as Design Within Reach (1) and CrimsonLogic (1) were at the forefront of shipping Rolling Machines from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Rolling Machines exports accounted up to $20.8M and imports accounted up to $29.5M, resulting in a negative trade balance of $8.72M. Between August 2023 and August 2024 the exports of China's   Rolling Machines have increased by $6.39M (44.5%) from $14.4M to $20.8M, while imports increased by $6.59M (28.8%) from $22.9M to $29.5M.

Destinations In August 2024, Rolling Machines were exported mostly to Russia ($4.71M), Vietnam ($2.03M), India ($1.89M), Chinese Taipei ($1.02M), and Indonesia ($1M), and were imported mostly from South Korea ($7.07M), Germany ($7.03M), Japan ($5.94M), Poland ($2.17M), and Sweden ($1.92M).

Growth In August 2024, the increase in Rolling Machines's year-by-year exports was explained primarily by an increase in exports to India ($1.41M or 141%), Slovakia ($1.21M or 78.3k%), and Chinese Taipei ($729k or 410%). In August 2024, the increase in Rolling Machines's year-by-year imports was explained primarily by an increase in imports from Japan ($3.26M or 39.8%), Italy ($3.06M or 553%), and Finland ($1.22M or 283%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$6.39M(44.5%)
IMPORT GROWTH (August 2023 - August 2024)$6.59M(28.8%)
MAIN EXPORTER (August 2024)Jiangsu Province$10.7M
MAIN DESTINATION (August 2024)Russia$4.71M

This section shows Rolling 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 Rolling Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$198M
IMPORTS (2022)$513M
NET TRADE (2022)-$316M

In 2022, China exported $198M in Rolling Machines. The main destinations of China exports on Rolling Machines were United States ($34M), Vietnam ($20.4M), India ($13.4M), South Korea ($9.4M), and Spain ($8.28M).

In 2022, China imported $513M in Rolling Machines, mainly from Japan ($200M), South Korea ($173M), Chinese Taipei ($72.5M), Germany ($30.9M), and Italy ($14.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rolling Machines EXPORT MARKETS FOR China WERE (2021 - 2022):
Kazakhstan$6.23M (4.67k%)
India$3.77M (39.3%)
Spain$3.54M (74.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rolling Machines BY China WERE (2021 - 2022):
Russia-$9.11M (-70.1%)
Thailand-$5.32M (-51%)
Indonesia-$3.16M (-34.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Rolling Machines were:
Japan $257M
Italy $254M
South Korea $235M
In 2022, China's main importing competitors in Rolling Machines were:
United States $181M
Germany $73.2M

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Trade Value of Rolling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.88M
TOP IMPORT POTENTIALItaly+ $6.57M

Rolling Machines’s highest export potential is India. With an export gap of $7.88M.   Rolling Machines’s highest import potential is Italy with an import gap of $6.57M.

See methodology.

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