Sign In
Pricing

2022
Exports $23.6BWorld Rnk 1 / 226
Flag Rnk 28 / 96
2022
Destination $207M United States
2021 - 2022
FASTEST GROWING MARKET $207MSingapore
2022
PRODUCT COMPLEXITY IN Tools & cutlery1.7Rnk 24 / 1025
2022
Imports $2.51BWorld Rnk 6 / 225
Flag Rnk 56 / 96
2022
Origin $18.3M Japan
2021 - 2022
FASTEST GROWING ORIGIN $18.3MGreece
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $23.6B in Tools & cutlery, making it the 1st largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 28th most exported product in China. The main destination of Tools & cutlery exports from China are: United States ($4.5B), Germany ($1.51B), Russia ($878M), Japan ($760M), and India ($748M).

The fastest growing export markets for Tools & cutlery of China between 2021 and 2022 were Singapore ($207M), United Arab Emirates ($107M), and Philippines ($106M).

Imports In 2022, China imported $2.51B in Tools & cutlery, becoming the 6th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 56th most imported product in China. China imports Tools & cutlery primarily from: Japan ($620M), Germany ($513M), Chinese Taipei ($318M), South Korea ($195M), and United States ($175M).

The fastest growing import markets in Tools & cutlery for China between 2021 and 2022 were Greece ($18.3M), United States ($11.6M), and Ireland ($10M).

COMPANIES In 2023, leading companies such as CrimsonLogic (2.3k), Stanley Black & Decker (1.36k), and IKEA Group (506) were at the forefront of shipping Tools & cutlery from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Tools & cutlery exports accounted up to $1.95B and imports accounted up to $213M, resulting in a positive trade balance of $1.73B. Between September 2023 and September 2024 the exports of China's   Tools & cutlery have decreased by $-66.6M (-3.31%) from $2.01B to $1.95B, while imports increased by $5.14M (2.47%) from $208M to $213M.

Destinations In September 2024, Tools & cutlery were exported mostly to United States ($423M), Russia ($111M), Germany ($103M), India ($61.7M), and United Kingdom ($59.2M), and were imported mostly from Japan ($62.3M), Germany ($38.2M), United States ($18.2M), Chinese Taipei ($18.1M), and South Korea ($14.4M).

Growth In September 2024, the decrease in Tools & cutlery's year-by-year exports was explained primarily by a decrease in exports to United States ($-72.5M or -14.2%), Germany ($-28.2M or -21.6%), and Netherlands ($-27.5M or -35.5%). In September 2024, the increase in Tools & cutlery's year-by-year imports was explained primarily by an increase in imports from Israel ($2.09M or 32.2%), Thailand ($1.07M or 44.8%), and Singapore ($315k or 115%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-66.6M(-3.31%)
IMPORT GROWTH (September 2023 - September 2024)$5.14M(2.47%)
MAIN EXPORTER (September 2024)Zhejiang Province$797M
MAIN DESTINATION (September 2024)United States$423M

This section shows Tools & cutlery'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 Tools & cutlery over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$23.6B
IMPORTS (2022)$2.51B
NET TRADE (2022)$21.1B

In 2022, China exported $23.6B in Tools & cutlery. The main destinations of China exports on Tools & cutlery were United States ($4.5B), Germany ($1.51B), Russia ($878M), Japan ($760M), and India ($748M).

In 2022, China imported $2.51B in Tools & cutlery, mainly from Japan ($620M), Germany ($513M), Chinese Taipei ($318M), South Korea ($195M), and United States ($175M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$207M (105%)
United Arab Emirates$107M (44%)
Philippines$106M (43.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY China WERE (2021 - 2022):
United States-$270M (-5.66%)
United Kingdom-$67.8M (-8.93%)
Hong Kong-$53.2M (-31%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Tools & cutlery were:
Germany $9.45B
United States $4.88B
In 2022, China's main importing competitors in Tools & cutlery were:
United States $12.5B
Germany $6.36B
Netherlands $3.05B

Explore Visualizations

Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $338M
TOP IMPORT POTENTIALGermany+ $70.1M

Tools & cutlery’s highest export potential is India. With an export gap of $338M.   Tools & cutlery’s highest import potential is Germany with an import gap of $70.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms