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2022
Exports $1.3BWorld Rnk 1 / 183
Flag Rnk 376 / 1216
2022
Destination $79.7M United States
2021 - 2022
FASTEST GROWING MARKET $79.7MUnited States
2022
PRODUCT COMPLEXITY IN Basketwork-1.47Rnk 944 / 1025
2022
Imports $14.3MWorld Rnk 28 / 216
Flag Rnk 957 / 1212
2022
Origin $2.89M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $2.89MFrance
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.3B in Basketwork, making it the 1st largest exporter of Basketwork in the world. At the same year, Basketwork was the 376th most exported product in China. The main destination of Basketwork exports from China are: United States ($399M), United Kingdom ($110M), Netherlands ($99.8M), Germany ($91.3M), and Japan ($74.9M).

The fastest growing export markets for Basketwork of China between 2021 and 2022 were United States ($79.7M), Hong Kong ($11.6M), and Thailand ($6.12M).

Imports In 2022, China imported $14.3M in Basketwork, becoming the 28th largest importer of Basketwork in the world. At the same year, Basketwork was the 957th most imported product in China. China imports Basketwork primarily from: Vietnam ($4.02M), France ($3.5M), Spain ($1.96M), China ($898k), and United Arab Emirates ($632k).

The fastest growing import markets in Basketwork for China between 2021 and 2022 were France ($2.89M), Cambodia ($382k), and China ($381k).

COMPANIES In 2023, leading companies such as AT HOME PROCUREMENT INC (168), IKEA SUPPLY AG (107), and JO-ANN STORES, LLC (45) were at the forefront of shipping Basketwork from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Basketwork exports accounted up to $90.9M and imports accounted up to $3.09M, resulting in a positive trade balance of $87.8M. Between March 2023 and March 2024 the exports of China's   Basketwork have decreased by $-22.9M (-20.1%) from $114M to $90.9M, while imports increased by $566k (22.4%) from $2.53M to $3.09M.

Destinations In March 2024, Basketwork were exported mostly to United States ($20M), United Kingdom ($7.29M), Japan ($7.05M), Netherlands ($6.37M), and Germany ($5.68M), and were imported mostly from Spain ($1.05M), Madagascar ($598k), Italy ($406k), Vietnam ($386k), and France ($202k).

Growth In March 2024, the decrease in Basketwork's year-by-year exports was explained primarily by a decrease in exports to United States ($-20.6M or -35.7%), Netherlands ($-12M or -60%), and Germany ($-5.95M or -52.2%). In March 2024, the increase in Basketwork's year-by-year imports was explained primarily by an increase in imports from India ($59.4k or 664%), Philippines ($58.7k or 966%), and Madagascar ($39k or 692%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-22.9M(-20.1%)
IMPORT GROWTH (March 2023 - March 2024)$566k(22.4%)
MAIN EXPORTER (March 2024)Shandong Province$62.3M
MAIN DESTINATION (March 2024)United States$20M

This section shows Basketwork'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 Basketwork over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.3B
IMPORTS (2022)$14.3M
NET TRADE (2022)$1.29B

In 2022, China exported $1.3B in Basketwork. The main destinations of China exports on Basketwork were United States ($399M), United Kingdom ($110M), Netherlands ($99.8M), Germany ($91.3M), and Japan ($74.9M).

In 2022, China imported $14.3M in Basketwork, mainly from Vietnam ($4.02M), France ($3.5M), Spain ($1.96M), China ($898k), and United Arab Emirates ($632k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$79.7M (24.9%)
Hong Kong$11.6M (189%)
Thailand$6.12M (44.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY China WERE (2021 - 2022):
United Kingdom-$27.8M (-20.2%)
Netherlands-$17.2M (-14.7%)
Italy-$10.8M (-28%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Basketwork were:
Vietnam $407M
India $158M
In 2022, China's main importing competitors in Basketwork were:
United States $910M
Germany $217M
United Kingdom $161M

Explore Visualizations

Trade Value of Basketwork by Exporters

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