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2022
Exports $470MWorld Rnk 1 / 155
Flag Rnk 1101 / 4606
2022
Destination $18.3M United States
2021 - 2022
FASTEST GROWING MARKET $18.3MPakistan
2022
Imports $728kWorld Rnk 112 / 212
Flag Rnk 4056 / 4539
2022
Origin $196k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $196kUnited Kingdom
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $470M in Spades and shovels, making it the 1st largest exporter of Spades and shovels in the world. At the same year, Spades and shovels was the 1101st most exported product in China. The main destination of Spades and shovels exports from China are: United States ($68.1M), Philippines ($22.2M), Ghana ($21.4M), Pakistan ($21M), and Vietnam ($14.7M).

The fastest growing export markets for Spades and shovels of China between 2021 and 2022 were Pakistan ($18.3M), Ghana ($11.7M), and Iraq ($7.65M).

Imports In 2022, China imported $728k in Spades and shovels, becoming the 112th largest importer of Spades and shovels in the world. At the same year, Spades and shovels was the 4056th most imported product in China. China imports Spades and shovels primarily from: United Kingdom ($207k), Japan ($98.4k), Chinese Taipei ($86k), China ($66k), and Czechia ($56k).

The fastest growing import markets in Spades and shovels for China between 2021 and 2022 were United Kingdom ($196k), Japan ($85.6k), and Czechia ($53.2k).

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

Latest Trends

July 2024

About

Overview In July 2024 China's Spades and shovels exports accounted up to $25.4M and imports accounted up to $5.79k, resulting in a positive trade balance of $25.3M. Between July 2023 and July 2024 the exports of China's   Spades and shovels have increased by $2.05M (8.81%) from $23.3M to $25.4M, while imports decreased by $-46.5k (-88.9%) from $52.3k to $5.79k.

Destinations In July 2024, Spades and shovels were exported mostly to N/A, and were imported mostly from Chinese Taipei ($2.46k), Czechia ($751), Singapore ($741), China ($551), and Germany ($375).

Growth In July 2024, the increase in Spades and shovels's year-by-year exports was explained primarily by an increase in exports to N/A. In July 2024, the decrease in Spades and shovels's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-24.9k or -92.5%), Australia ($-1.25k or -98.7%), and Japan ($-561 or -97.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.05M(8.81%)
IMPORT GROWTH (July 2023 - July 2024)$-46.5k(-88.9%)
MAIN EXPORTER (July 2024)Zhejiang Province$13.9M

This section shows Spades and shovels'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 Spades and shovels over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Spades and shovels 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)$470M
IMPORTS (2022)$728k
NET TRADE (2022)$470M

In 2022, China exported $470M in Spades and shovels. The main destinations of China exports on Spades and shovels were United States ($68.1M), Philippines ($22.2M), Ghana ($21.4M), Pakistan ($21M), and Vietnam ($14.7M).

In 2022, China imported $728k in Spades and shovels, mainly from United Kingdom ($207k), Japan ($98.4k), Chinese Taipei ($86k), China ($66k), and Czechia ($56k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spades and shovels EXPORT MARKETS FOR China WERE (2021 - 2022):
Pakistan$18.3M (674%)
Ghana$11.7M (120%)
Iraq$7.65M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spades and shovels BY China WERE (2021 - 2022):
Guinea-$4.89M (-63.4%)
United Kingdom-$3.39M (-25.4%)
Sri Lanka-$2.98M (-63.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Spades and shovels were:
Mexico $40.8M
Brazil $19.4M
In 2022, China's main importing competitors in Spades and shovels were:
United States $129M
Germany $30.5M
Philippines $22.5M

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Trade Value of Spades and shovels by Exporters

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