2022
Exports
$25.3MWorld Rnk 17 / 84
Flag Rnk 1018 / 1216
2022
PRODUCT COMPLEXITY IN Scrap Vessels
-1.24Rnk 890 / 1025
2022
Imports
$2.77kWorld Rnk 78 / 100
Flag Rnk 1212 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $25.3M in Scrap Vessels, making it the 17th largest exporter of Scrap Vessels in the world. At the same year, Scrap Vessels was the 1018th most exported product in China. The main destination of Scrap Vessels exports from China are: India ($11.6M), Bangladesh ($6.61M), Pakistan ($5.58M), Chinese Taipei ($1.1M), and Malaysia ($161k).

The fastest growing export markets for Scrap Vessels of China between 2021 and 2022 were Bangladesh ($6.61M), Pakistan ($3.44M), and Chinese Taipei ($1.1M).

Imports In 2022, China imported $2.77k in Scrap Vessels, becoming the 78th largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 1212th most imported product in China. China imports Scrap Vessels primarily from: United Kingdom ($2.77k).

The fastest growing import markets in Scrap Vessels for China between 2021 and 2022 were United Kingdom ($2.77k).

COMPANIES In 2023, leading companies such as Amazon (13), Home Depot (7), and Walmart (3) were at the forefront of shipping Scrap Vessels from China to the United States.

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Scrap Vessels. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.3M
IMPORTS (2022)$2.77k
NET TRADE (2022)$25.3M

In 2022, China exported $25.3M in Scrap Vessels. The main destinations of China exports on Scrap Vessels were India ($11.6M), Bangladesh ($6.61M), Pakistan ($5.58M), Chinese Taipei ($1.1M), and Malaysia ($161k).

In 2022, China imported $2.77k in Scrap Vessels, mainly from United Kingdom ($2.77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Vessels EXPORT MARKETS FOR China WERE (2021 - 2022):
Bangladesh$6.61M (1%)
Pakistan$3.44M (160%)
Chinese Taipei$1.1M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Vessels BY China WERE (2021 - 2022):
India-$55.2M (-82.6%)
Thailand-$45.2M (-100%)
Turkey-$25.3M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Scrap Vessels were:
In 2022, China's main importing competitors in Scrap Vessels were:

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.5M
TOP IMPORT POTENTIALUnited Kingdom+ $3.66k

Scrap Vessels’s highest export potential is India. With an export gap of $7.5M.   Scrap Vessels’s highest import potential is United Kingdom with an import gap of $3.66k.

See methodology.

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