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2022
Exports $1.58BWorld Rnk 1 / 183
Flag Rnk 345 / 1216
2022
Destination $30.6M United States
2021 - 2022
FASTEST GROWING MARKET $30.6MJapan
2022
PRODUCT COMPLEXITY IN Wood Kitchenware-0.35Rnk 662 / 1025
2022
Imports $29.5MWorld Rnk 18 / 220
Flag Rnk 867 / 1212
2022
Origin $7M Russia
2021 - 2022
FASTEST GROWING ORIGIN $7MRussia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.58B in Wood Kitchenware, making it the 1st largest exporter of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 345th most exported product in China. The main destination of Wood Kitchenware exports from China are: United States ($328M), Japan ($225M), Germany ($105M), Netherlands ($68.2M), and Australia ($66M).

The fastest growing export markets for Wood Kitchenware of China between 2021 and 2022 were Japan ($30.6M), India ($20.1M), and Spain ($14.9M).

Imports In 2022, China imported $29.5M in Wood Kitchenware, becoming the 18th largest importer of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 867th most imported product in China. China imports Wood Kitchenware primarily from: Russia ($14.3M), Vietnam ($3.42M), Ukraine ($2.05M), Thailand ($2.04M), and Japan ($1.37M).

The fastest growing import markets in Wood Kitchenware for China between 2021 and 2022 were Russia ($7M), Cameroon ($1.23M), and Vietnam ($782k).

COMPANIES In 2023, leading companies such as IKEA Group (310), Mystic Apparel (83), and CrimsonLogic (56) were at the forefront of shipping Wood Kitchenware from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Wood Kitchenware exports accounted up to $115M and imports accounted up to $2.54M, resulting in a positive trade balance of $112M. Between July 2023 and July 2024 the exports of China's   Wood Kitchenware have increased by $2.6M (2.31%) from $112M to $115M, while imports increased by $284k (12.5%) from $2.26M to $2.54M.

Destinations In July 2024, Wood Kitchenware were exported mostly to United States ($25.8M), Japan ($16.6M), Germany ($5.9M), United Kingdom ($5.88M), and France ($5.34M), and were imported mostly from Russia ($1.3M), Vietnam ($321k), Gabon ($221k), Laos ($150k), and Thailand ($143k).

Growth In July 2024, the increase in Wood Kitchenware's year-by-year exports was explained primarily by an increase in exports to Turkey ($956k or 141%), India ($387k or 15.5%), and Austria ($325k or 280%). In July 2024, the increase in Wood Kitchenware's year-by-year imports was explained primarily by an increase in imports from China ($96.6k or 129%), Laos ($60k or 76.8%), and Russia ($57.4k or 6.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.6M(2.31%)
IMPORT GROWTH (July 2023 - July 2024)$284k(12.5%)
MAIN EXPORTER (July 2024)Fujian Province$31.2M
MAIN DESTINATION (July 2024)United States$25.8M

This section shows Wood Kitchenware'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 Wood Kitchenware over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.58B
IMPORTS (2022)$29.5M
NET TRADE (2022)$1.55B

In 2022, China exported $1.58B in Wood Kitchenware. The main destinations of China exports on Wood Kitchenware were United States ($328M), Japan ($225M), Germany ($105M), Netherlands ($68.2M), and Australia ($66M).

In 2022, China imported $29.5M in Wood Kitchenware, mainly from Russia ($14.3M), Vietnam ($3.42M), Ukraine ($2.05M), Thailand ($2.04M), and Japan ($1.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Kitchenware EXPORT MARKETS FOR China WERE (2021 - 2022):
Japan$30.6M (15.7%)
India$20.1M (163%)
Spain$14.9M (53.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Kitchenware BY China WERE (2021 - 2022):
Russia-$7.26M (-28.1%)
Brazil-$6.63M (-29%)
Norway-$4.74M (-60%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Wood Kitchenware were:
Vietnam $93M
India $90.3M
In 2022, China's main importing competitors in Wood Kitchenware were:
United States $481M
Japan $272M
Germany $176M

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Trade Value of Wood Kitchenware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $14.1M
TOP IMPORT POTENTIALVietnam+ $3.49M

Wood Kitchenware’s highest export potential is India. With an export gap of $14.1M.   Wood Kitchenware’s highest import potential is Vietnam with an import gap of $3.49M.

See methodology.

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