Blankets in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $4.39B in Blankets, making it the 1st largest exporter of Blankets in the world. At the same year, Blankets was the 161st most exported product in China. The main destination of Blankets exports from China are: United States ($1.67B), Japan ($207M), United Kingdom ($143M), Germany ($138M), and Saudi Arabia ($136M).

The fastest growing export markets for Blankets of China between 2021 and 2022 were Saudi Arabia ($46M), Kuwait ($28.1M), and Pakistan ($25.6M).

Imports In 2022, China imported $23.6M in Blankets, becoming the 44th largest importer of Blankets in the world. At the same year, Blankets was the 902nd most imported product in China. China imports Blankets primarily from: France ($11.8M), India ($1.68M), United Arab Emirates ($1.64M), Vietnam ($1.3M), and China ($1.17M).

The fastest growing import markets in Blankets for China between 2021 and 2022 were France ($6.94M), United Arab Emirates ($646k), and United Kingdom ($639k).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (155), QVC, INC (130), and COSTCO WHOLESALE COPRORATION (117) were at the forefront of shipping Blankets from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Blankets exports accounted up to $209M and imports accounted up to $3.01M, resulting in a positive trade balance of $206M. Between March 2023 and March 2024 the exports of China's Blankets have decreased by $-78.8M (-27.4%) from $288M to $209M, while imports increased by $1.14M (60.8%) from $1.87M to $3.01M.

Destinations In March 2024, Blankets were exported mostly to United States ($61M), Australia ($14.6M), Singapore ($10.7M), Saudi Arabia ($8.84M), and Malaysia ($8.49M), and were imported mostly from United Kingdom ($1.63M), Italy ($790k), Nepal ($289k), India ($90.5k), and China ($68.2k).

Growth In March 2024, the decrease in Blankets's year-by-year exports was explained primarily by a decrease in exports to United States ($-8.61M or -8.95%), United Arab Emirates ($-7.38M or -36.4%), and Chile ($-5.17M or -38.1%). In March 2024, the increase in Blankets's year-by-year imports was explained primarily by an increase in imports from Japan ($382k or 1.33k%), France ($11k or 30%), and Chinese Taipei ($3.96k or 28.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-78.8M(-27.4%)

IMPORT GROWTH (March 2023 - March 2024)$1.14M(60.8%)

MAIN EXPORTER (March 2024)Zhejiang Province$115M

MAIN DESTINATION (March 2024)United States$61M

This section shows Blankets'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 Blankets over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.39B

IMPORTS (2022)$23.6M

NET TRADE (2022)$4.37B

In 2022, China exported $4.39B in Blankets. The main destinations of China exports on Blankets were United States ($1.67B), Japan ($207M), United Kingdom ($143M), Germany ($138M), and Saudi Arabia ($136M).

In 2022, China imported $23.6M in Blankets, mainly from France ($11.8M), India ($1.68M), United Arab Emirates ($1.64M), Vietnam ($1.3M), and China ($1.17M).

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