Plastic Housewares in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $16.8B in Plastic Housewares, making it the 1st largest exporter of Plastic Housewares in the world. At the same year, Plastic Housewares was the 45th most exported product in China. The main destination of Plastic Housewares exports from China are: United States ($6.73B), Japan ($593M), Australia ($553M), Malaysia ($536M), and Philippines ($495M).

The fastest growing export markets for Plastic Housewares of China between 2021 and 2022 were United States ($793M), Singapore ($228M), and Malaysia ($127M).

Imports In 2022, China imported $170M in Plastic Housewares, becoming the 31st largest importer of Plastic Housewares in the world. At the same year, Plastic Housewares was the 540th most imported product in China. China imports Plastic Housewares primarily from: China ($56.1M), Japan ($21.8M), South Korea ($17.8M), Malaysia ($14.8M), and Singapore ($7.67M).

The fastest growing import markets in Plastic Housewares for China between 2021 and 2022 were Malaysia ($5.47M), Singapore ($4.48M), and United Arab Emirates ($742k).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (603), 99 CENTS ONLY STORES LLC (277), and LOLLICUP USA INC. (239) were at the forefront of shipping Plastic Housewares from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Plastic Housewares exports accounted up to $1.35B and imports accounted up to $11.6M, resulting in a positive trade balance of $1.34B. Between March 2023 and March 2024 the exports of China's Plastic Housewares have decreased by $-371M (-21.5%) from $1.72B to $1.35B, while imports decreased by $-3.88M (-25.1%) from $15.5M to $11.6M.

Destinations In March 2024, Plastic Housewares were exported mostly to United States ($373M), Malaysia ($101M), Singapore ($94.8M), Australia ($67.2M), and Japan ($45.3M), and were imported mostly from China ($4.06M), Malaysia ($1.42M), Japan ($1.22M), South Korea ($886k), and Thailand ($549k).

Growth In March 2024, the decrease in Plastic Housewares's year-by-year exports was explained primarily by a decrease in exports to United States ($-59M or -10.8%), Japan ($-21.8M or -33.8%), and Thailand ($-14.5M or -37.2%). In March 2024, the decrease in Plastic Housewares's year-by-year imports was explained primarily by a decrease in imports from Japan ($-983k or -50.1%), Chinese Taipei ($-691k or -75%), and Vietnam ($-435k or -55.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-371M(-21.5%)

IMPORT GROWTH (March 2023 - March 2024)$-3.88M(-25.1%)

MAIN EXPORTER (March 2024)Zhejiang Province$725M

MAIN DESTINATION (March 2024)United States$373M

This section shows Plastic Housewares'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 Plastic Housewares over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$16.8B

IMPORTS (2022)$170M

NET TRADE (2022)$16.6B

In 2022, China exported $16.8B in Plastic Housewares. The main destinations of China exports on Plastic Housewares were United States ($6.73B), Japan ($593M), Australia ($553M), Malaysia ($536M), and Philippines ($495M).

In 2022, China imported $170M in Plastic Housewares, mainly from China ($56.1M), Japan ($21.8M), South Korea ($17.8M), Malaysia ($14.8M), and Singapore ($7.67M).

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