2022
Exports
$2.66BWorld Rnk 1 / 174
Flag Rnk 251 / 1216
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$369MWorld Rnk 5 / 218
Flag Rnk 407 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.66B in Woodworking machines, making it the 1st largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 251st most exported product in China. The main destination of Woodworking machines exports from China are: United States ($476M), Vietnam ($292M), Germany ($212M), Russia ($172M), and Canada ($105M).

The fastest growing export markets for Woodworking machines of China between 2021 and 2022 were Vietnam ($22.6M), India ($20.3M), and Russia ($16.6M).

Imports In 2022, China imported $369M in Woodworking machines, becoming the 5th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 407th most imported product in China. China imports Woodworking machines primarily from: N/A.

The fastest growing import markets in Woodworking machines for China between 2021 and 2022 were Germany ($11.8M), South Korea ($2.96M), and Singapore ($1.2M).

COMPANIES In 2023, leading companies such as CrimsonLogic (164), Itourscm (93), and Stanley Black & Decker (27) were at the forefront of shipping Woodworking machines from China to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$23.6M(13.6%)
IMPORT GROWTH (October 2023 - October 2024)$-103k(-0.76%)
MAIN EXPORTER (October 2024)Shandong Province$62.5M
MAIN DESTINATION (October 2024)Vietnam$28.2M

This section shows Woodworking 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 Woodworking machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.66B
IMPORTS (2022)$369M
NET TRADE (2022)$2.29B

In 2022, China exported $2.66B in Woodworking machines. The main destinations of China exports on Woodworking machines were United States ($476M), Vietnam ($292M), Germany ($212M), Russia ($172M), and Canada ($105M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$22.6M (8.42%)
India$20.3M (35.1%)
Russia$16.6M (10.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY China WERE (2021 - 2022):
Germany-$50.3M (-19.2%)
United Kingdom-$21.6M (-27.6%)
United States-$9.16M (-1.89%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Woodworking machines were:
Germany $1.99B
Italy $1.23B
In 2022, China's main importing competitors in Woodworking machines were:

Explore Visualizations

Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $47.3M
TOP IMPORT POTENTIALItaly+ $11.1M

Woodworking machines’s highest export potential is India. With an export gap of $47.3M.   Woodworking machines’s highest import potential is Italy with an import gap of $11.1M.

See methodology.

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