Fake Hair in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $3.28B in Fake Hair, making it the 1st largest exporter of Fake Hair in the world. At the same year, Fake Hair was the 209th most exported product in China. The main destination of Fake Hair exports from China are: United States ($1.33B), Nigeria ($460M), South Africa ($180M), Ghana ($152M), and United Kingdom ($143M).

The fastest growing export markets for Fake Hair of China between 2021 and 2022 were Nigeria ($55M), South Africa ($35.5M), and Democratic Republic of the Congo ($16.2M).

Imports In 2022, China imported $41M in Fake Hair, becoming the 18th largest importer of Fake Hair in the world. At the same year, Fake Hair was the 816th most imported product in China. China imports Fake Hair primarily from: North Korea ($11.6M), Bangladesh ($7.66M), China ($5.28M), United States ($4.68M), and Burma ($2.28M).

The fastest growing import markets in Fake Hair for China between 2021 and 2022 were North Korea ($11.2M), Bangladesh ($5.5M), and Ghana ($1.1M).

COMPANIES In 2023, leading companies such as CRIMSONLOGIC US INC (49), GLOBAL ETRADE SERVICES INC (18), and SPENCER GIFTS, LLC (6) were at the forefront of shipping Fake Hair from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Fake Hair exports accounted up to $448M and imports accounted up to $22.9M, resulting in a positive trade balance of $425M. Between March 2023 and March 2024 the exports of China's Fake Hair have decreased by $-66.3M (-12.9%) from $514M to $448M, while imports increased by $12.2M (114%) from $10.7M to $22.9M.

Destinations In March 2024, Fake Hair were exported mostly to United States ($273M), Nigeria ($37.2M), South Africa ($17.3M), Ghana ($12.9M), and United Kingdom ($11.9M), and were imported mostly from North Korea ($21.7M), Bangladesh ($628k), Indonesia ($259k), China ($220k), and Burma ($96.1k).

Growth In March 2024, the decrease in Fake Hair's year-by-year exports was explained primarily by a decrease in exports to Nigeria ($-26.1M or -44.2%), United States ($-23.6M or -9.87%), and South Africa ($-14.1M or -46.7%). In March 2024, the increase in Fake Hair's year-by-year imports was explained primarily by an increase in imports from North Korea ($4.46M or 1.22k%), Burma ($223k or 75.9%), and Bangladesh ($128k or 50.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-66.3M(-12.9%)

IMPORT GROWTH (March 2023 - March 2024)$12.2M(114%)

MAIN EXPORTER (March 2024)Henan Province$260M

MAIN DESTINATION (March 2024)United States$273M

This section shows Fake Hair'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 Fake Hair over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.28B

IMPORTS (2022)$41M

NET TRADE (2022)$3.24B

In 2022, China exported $3.28B in Fake Hair. The main destinations of China exports on Fake Hair were United States ($1.33B), Nigeria ($460M), South Africa ($180M), Ghana ($152M), and United Kingdom ($143M).

In 2022, China imported $41M in Fake Hair, mainly from North Korea ($11.6M), Bangladesh ($7.66M), China ($5.28M), United States ($4.68M), and Burma ($2.28M).

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